Sopan Dattatray Pingale
01 July 2023 at 16:39

My home capital gain

Sir,
Please help me for my subject

1.I purchased flat in year 2000 of Rs.7,00,000.00

2.I sale of this flat of Rs.35,00,000.00

As per calculation 700000/100 (2000 Year Acquisition Cost)X348 (2023 Year Acquisition Cost) =24,36,000.00

35,00,000-24,36,000.00 (Please suggest my Calculation is Correct)

3. 35,00,000.00 (-)24,36,000.00=10,64,000.00

4.My Question is compulsion to total price of Rs.35,00,000.00 invest in new home

5.10,64,000.00 Compulsion invest in Bond

6.35,00,000.00 (-) 10,64,000 (Capital Gain)=24,36,000.00 i can invest in my choice section e.g. Purchase New Shop,Purchase Car,Purchase Land

Please suggest me

Please direction to me




JAANU
29 June 2023 at 13:56

FORM 15CA - FILING

Hello Experts,

Request to let me know If an individual pays Adobe for a subscription for its plan of using Photoshop, he is not supposed to file Form 15CA. But if he takes reimbursement from a Company where he is employed, then whether the company should file form 15CA?


Shikha Tripathi
29 June 2023 at 13:26

ITR 3 Sch.AMT and Sch.BTI

While filing ITR3, I am getting the following error:
Part BTI, Sl. No. 19 Deemed Income u/s 115JC is not equal to Sl. No. 3 of Schedule AMT

But both the values are equal.
How to resolve this error?


Smrity pro badge
01 July 2023 at 16:39

TDS on nutritional and wellness plan

Hello All,

Is TDS applicable on wellness and nutritional plan. HSN Code 999319,996311.


rmalhotra

Sir

A resident female individual wants to send some amount say Rs 6 Lacs from her saving account in India , to her Daughter-in-law 's overseas bank a/c abroad thru wire transfer under Liberalized Remittance Scheme. and within prescribed limits.
As Spouse Of Son is NRI and therefore following queries :-

1. Is this transaction including mode of transfer covered under Exempted Gifts List ?
2. Is Daughter- in- law is liable for any Income tax in India. ?
3. Is Resident individual ( i.e sender ) liable for any withholding tax in India when her daughter in law is filing IT return in India also on Indian Income. ?
4.Is NRI Daughter-in law required to show or report this amount anywhere in her ITR in India. ?
5.Can remittance be made appropriately under head of' Maintenance of Close Relative ' abroad. ( Definition of ' maintenance ' not defined anywhere ).?

Please guide on above.



Jignesh
01 July 2023 at 16:39

80RRB error

when am filling am getting this below error : In Schedule VIA, deduction u/s 80RRB plus 80QQB cannot be more than the sum of Schedule OS (Sl. No.1e) plus Sch Profit and Loss (Sl. No.15)

how to resolve that error.

any one can help me, or what app solution : 9619772178


Farsheed Bamboat

Let's say a person named DEADMAN dies at the start of the fiscal year and has TDS of Rs. 100. Person HEIR is the legal heir of DEADMAN and claims the income and TS in HEIR's tax return while also paying the entire tax himself. At the same time, DEADMAN's tax return offers the income and TDS to the HEIR's PAN number in the deceased's tax return.

Who gets the Rs. 100 TDS credit and refund in their tax return? DEADMAN (the deceased who originally paid the TDS and offered it to the legal heir) or HEIR (who paid taxes on the amount and claimed the TDS in his tax return).


Sayantan Chakraborty
28 June 2023 at 18:17

Calculation 80JJAA

Sir,
In 80JJAA deduction Calculation litle bit confused
Exmple: Ram oined our organization on 1/4/22 and he already employed more than 240 days

Salary of Ram : 15000/- Per month
Calculation : 15000X12 =180000/-X 30% = 54000/-

Can I claim it Sir under 80JJAA?


Saket Roy
28 June 2023 at 17:21

ITR3 - Schedule CG

Even after checking the 2 boxes shown in 'Schedule Capital Gains' to be able to input STCG and LTCG, on the next screen I am not getting a chance to edit and add these values. This is in ITR3. Does anybody know how I can solve this problem?


Sayantan Chakraborty

Sir,
I am confused about the calculation of Deduction U/s 80JJAA
Exmp: our employer generates new employment Mr. x working with our company more than 240 days a year. and his salary 15000/- per month .

Deduction Calculation : (15000/12)=180000 X 30% = 54000/-

Can I claim this deduction? With filing from 10DA from our CA along with TAX Audit form






CCI Pro



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