Mahesh Jadhav
21 November 2023 at 13:22

Undistributed Profit to Partner

Hello

There is Undistributed profit in partnership firm.

Is that taxable in hand of Partner ?


praveen
21 November 2023 at 09:45

TDS Return Processing_27Q

Dear Team, We have a filed form 27Q for transaction sale of immovable property by NRI to resident, resident deducted TDS @ 20.8%, filed return with NRI pan and got error intimation with short deduction demand showing NRI PAN as inoperative even his Aadhaar was linked to PAN.
Please suggest the ways to resolve this error.


Kollipara Sundaraiah

sir,
It assessee single premium sum assured value rs:6 lacs pay to single premium rs:433212/-for 2013 year
2016 year :90000/- amount received 2019 year :90000/ amount received- 2022 year :490000/- amount received.
Question:
assessee amount lic of india taxble applicable amount in it act.


SHAHNH
20 November 2023 at 14:52

New Tax System

Hello! Experts,

If my deposit interest income and short-term capital gains in FY24 add up to about ₹6 lakh, do I still need to pay STCG tax and file returns for A.Y. : 2024-25?

Thanks in advance


Avik Banerjee
20 November 2023 at 14:44

Practical calculation of VDA

sir,

Expert can any body tell me about calculation of Vda Tax Manually


Kunjan

my question->for asst.2122, in itr7, in 1st page, Part A, general info, do we have to write new 12AB registration details? my view, no only 12A is required for asst.2122.

my facts -->for asst. 2122 , 12A old registration is required, but 143(1) disallowed my section 11 exemptin stating 12AB is required, not 12A so i am in cit(a) now

my view--> 12AB is only for asst.22-23 onwards, not for old asst.2122 because, 12AA(5) was amended w.e.f. 1.4.2021 onwards in finance act 2020 (hence 12AA(5) omitted w.e.f. 30.6.2020 date and postpone new 12AB to 1.4.21 (i.e. asst.2223 onwards) i have chandigarh tribunal also in my favour, but anxious , awaiting cit appeal disposal... ,


anyone has filed asst.2122 itr7 for no bussines income pure religious trust?


praveen
20 November 2023 at 12:26

TDS Return Processing_Form 27Q

Dear Team,
We have a filed form 27Q for transaction sale of immovable property by NRI to resident, resident deducted TDS @ 20.8%, filed return showing NRI pan and got error intimation with short deduction demand showing NRI PAN as inoperative even his Aadhaar was linked to PAN.

Please suggest the ways to resolve this error.


Avinash Jeevan Dsouza
20 November 2023 at 09:40

Tds on prize won from running competition

Do we need to TDS on the prize won from the running competition


Ashish Mitra
19 November 2023 at 20:52

Asset Liability schedule with ITR3

Can the Asset Liability schedule filed with ITR3 be rectified after assessment is over if an apparent discrepancy is noticed. If so, under what section?


Biswajit Das
19 November 2023 at 02:07

ITR filing to get TDS refund

I am a freelance Photo editor, working for a ecommerce company. They deduct TDS u/s 194(C) from my payment.

Also I sold few mutual funds.

Now in ITR 3, Can I show my income u/s 44ADA with 14005 (Other IT-enabled services)? Or, can it be added u/s 44AD with 14010 (Other computation related services)?






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