Dear Sir / Madam,
My query is as follows:
Mr A sold his flat and had capital gain. He purchased a plot at his native and started construction of a house on it.
Will this be eligible for exception u/s 54, as he purchased a plot and then constructing the house?
Kindly guide.
Regards
Suraj
i forgot the pay my tax for the session of 22-23 through https://www.incometax.gov.in/. the site won't allow even throug offline utility, they say its barred
i want to apply for Loan and other financial reason i want the tax return for the session of 22-23
my source of income is house rent.
Income from house rent 3Lac / annually
can you suggest how can i pay.
I WANT SAMPLE OF INDEMINITY BOND WHICH SELLER GIVES TO BUYER IN THE CASE OF SALE DEED CANCELLED THAT BUYER NOT CLAIM TDS
Sir, our bank is cooperative bank, one non agricultural credit society deposit to our bank fifty lakh. tds application on the interest ?
Hi,
I have an Doubt suppose I am Lecturer and book writer and earning income from Selleing of Books turnover is 40 lakh for both the business and profession and Profit is more than 8% Shall I cover under 44ad or 44ada ?
I want to carry out Tax audit under voluntary is it possible then under Which Code ?
Dear Sir,
I want to know the answer of the following question.
Is it mandatory for NRIs to file income tax return in India?
Now the income is only from the interest of the savings account and there is no other source of income. He is now a US citizen. He has uploaded the return for the last ten years as NRI Status.
Please respond to the above.
Thanks & Regards
NK
One person had some income from Arrears Gratuity and Arrears of pension commutation from his Employer and consequentially included his income portion but we know gratuity and pension is exempt income. Can I exclude that very income from his Total Income shown in AIS PORTAL . I waited yours valuable opinions within in short period.
Tushar Kanti Bhattacharya
Respected Sir,
One of my client - Enrolled as an Advocate in Bar Council during last year.
He also runs a Software Consultancy and operating a Total T.O of Rs. 50L during previous year
Also he has Commission Income - TDS Deducted U/s 194H of Income Tax Act 1961.
I request your Advise on How to prepare Financials and File Income Tax for him
Ques 1: Can I declare his Software Consulting T.O of 50L under 44AD and declare 6 % / 8%
Ques 2: Also can i show Commission Income (TDS Deducted U/s 194H) in 44AD and declare 6% / 8%
Ques 3: What will be the Complication of Filing Business ITR for Advocates
Kindly advise
Dear Sir,
Interest earned on maturity of National saving certificate is taxable or not..? and also interest earned on PPF & FD is taxable or not.. Please guide me with relevant section.
Thanks & Regards,
Bheema Reddy.
Hello Sir,
I am paying ₹ 35,000 PM out of which ₹ 2500 is being paid to the housing society as maintenance amount and the remaining ₹ 32,500 as rent to owner. The owner is not ready to sign rent receipt for ₹ 35,000 since owner is not collecting the maintenance amount. How do I proceed on this to claim my HRA ?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Capital gain - Purchase of plot and construction