I purchased a bond from market with quartely payout of interest & interest accrued for the quarter upto purchase date was also paid with bond price plus broker commission.The interest for the full quarter was paid to me on the due date subsequently. Please clarify whether I shoud show only net interest under Income from other surces(adjust the interest paid to the seller of bond from the interest received by me) while filing my Itax return? Can the commission paid is also adjustable? I file ITR 2 as an individual with income from salary, capital gain & other sources. 

Hi,
Anyone answer me on my query.

Company want to give Rs.15Lac advance retention money for 15year retention of employee.
What will be the tax treatment in the hands of employee. And in which year company can claim deduction as per income tax act??

An assessee not linked pan aadhar upto 30/6/2023, due to correction in aadhar and update phone number in aadhar. How to link pan and aadhar now? Allowed time to link pan & aadhar ended now.

THIS PROBLEM NOT SLOVED BY THE SOFTWARE TEAM.

Dear sir,

I have income from salary which falls in tax slab and I have income from google for purchasing apps and showing ads but it very less around 27k for last year and other than this in my AIS I am also seeing
Purchase of securities and units of mutual funds - 9197
Sale of securities and units of mutual fund - 9266

can you please help me which ITR should I file?

thanks in advance

Dear Sir / Madam,

A Pvt Ltd owns an office purchased in 2009 for Rs. 3 crores. It is shown in balance sheet as an asset. Now A Pvt ltd is planning to sell its office for Rs. 9 crores. How show this entire sale in books of accounts and what would be the tax implication?

Kindly guide,
Regards
Suraj

TDS March 31 Adjectment Entery In tally
and GST March 31 Adjectment entery in tally

Dear Sir/ Maám,

My salary package is of 5.5 lakhs. I have purchased a property of Rs.1.36 crore and have accordingly paid stamp duty and deducted 1% tax from the sale consideration value and deposited the same in central Govt Account by Form 26qb. Now the sale consideration and and deduction of TDS is reflected in my Form 26AS.

My Query is do i have to disclose purchase of the above property in my Income tax return of this year ?
I file ITR-1 every year, should i disclose property purchase in ITR.

I clicked on proceed to validation on ITR-2 , and its showing 1 errors found but error description is empty. Please help as I’m unable to identify the problem and hence unable to submit the form.

I tried multiple times, but all in vain.

The technical error which is seen in developer tools is "code:EF40076, type:ERROR,desc:Record(s) insertion failed.

Read more at: https://www.caclubindia.com/experts/empty-error-description-on-validation-error-in-itr2-2899504.asp

I bought a property from a seller in Bangalore and I deducted TDS using a TAN and made the tax payment. I have the challan. I need to file my TDS return and provide Form 16A to the seller. To file my TDS return, the income tax portal is asking me to complete registration on TRACES. In TRACES, when I try to register as a deductor, it is asking for a PRN number but I do not have it because I have not filed the TDS return yet.

This is frustrating because I am just running in circles. To file TDS return I need to register in TRACES and to register in TRACES I need a PRN which I can only get by filing my return!

Could someone please help me with filing TDS return and obtaining Form 16A? Thank you in advance.