Sir/Mam,

one company turnover crossed 31-03-2023 10 crores, when 194Q TDS applicable this fy or last fy

1) if any purchased crossed last fy 2022-23, 50 Lakhs and payment paying in this year we have to deduct tds u/s.194Q @ 0.1% or not, please clarify

2) in this FY 2023-24 we have to deduct TDS U/s.194Q 0.1% if any purchased crossed 50 Lakhs or below.

3) If Our sales crossed 50 Lakhs what we have to deduct TCS or TDS

Plz clarify all my doubts.

Thanking you,

A person having presumptive income under Sec.44AD and file ITR-4 in AY 2022-23. In AY 2023-24, he has either Capital Gain or Loss apart from presumptive income, then for this AY which ITR need to file. Can option to report income under sec.44AD need to opt out due Capital gain /loss or can continue with ITR-4 in this AY also.

Sir/Madam,
I am a retired individual & in receipt of pension under 1995 scheme from EPFO amounting to Rs. 14484/-pa.I have no other salary income but have income from Capital Gains & other sources. Am I eligible to claim standard deduction & if so then how much?
I file return under OLD SCHEME.

What is the difference between 194N & 194 NF. The TDS under 194NF is refundable.

Hi whether a salaried assesee can claim 1) conveyance allowance 2) Unifrom allowance and 3) meals allowance. Whether these exemptions are still available

Read more at: https://www.caclubindia.com/experts/ask_query.asp

My Daughter ( 23 Year Old ) College Fees (Whole Year) purpose i have paid Rs. 4598.00 for the F.Y. 2022-23,

Now My question is Can I will take Deduction U/s 10(14) & U/s 80C . If Yes then how many amount will claim in this 02 Above section for the F.y.2022-23??

WHAT WILL BE TDS DEDUCTION AGAINST HSN 998313??

Whether S.No.64 of ITR-3 is to be filled where tax has been paid u/s 44ADA

Whether shares held in private ltd company by the Assessee us to be reported in coloum (A19)(l) of ITR-3

My office client father passed away . Now in income tax e filing portal representative assessee to be added.
My doubts are

1.Whose account to be used for logging in - deceased  person ID or representative assessee (legal heir) ID ? 

2. Whether ITR of deceased person needs to be filed only after adding representative assessee in portal .

https://www.incometax.gov.in/iec/foportal/help/authorize-signatory-faq

Can anyone help??