Sir

As per my knowledge tds on professional services of chartered accountant/cost accountant services applicable @10% and need to deposit u/s194 j(b) but on new platform of tds on income tax portal this section is not appearing .only option is 194 j is coming .can we pay tax u/s 194 j for 194j(b) services?

Mr A and Mrs are husband and wife.
Mr A gifted shares to Mrs A worth Rs 5,00,000 in 2010-11
Expecting the shares to be sold in current financial year, Mr A and Mrs purchased a house property (joint ownership between Mr A and Mrs A) for Rs 50 Lakhs in March 2022. Mr A provided Rs 20 Lakhs From his personal funds and Rs 30 Lakhs through joint home loan.
Mrs A sold the shares in June 2022 for Rs 50 Lakhs which is also the long-term capital gain for her. The sale consideration from shares was credited in her account and the home loan was disposed off.
Income from sale of shares is to be shown in the ITR of Mr A after application of clubbing provisions of section 64(1)(iv) in Mr A ITR.
Mr A wants to claim exemption under section 54 F for investment done by both Mr A and Mrs A, in purchase of joint property, as Mr A provided Rs 20 Lakhs from his personal funds and Rs 30 Lakhs through joint home loan which was disposed from sale consideration of shares (the money was credited in bank account of Mrs A and loan was disposed through check)

Query - Whether or not eligibility claim of Section 54 F will be accepted by the Income Tax department regarding joint investment / joint ownership of residential house with both Mr A (transferor) and Mrs A (transferee) eligible to claim section 54F on sale of shares.

Please support with relevant case laws, if any.

what is Major difference between TDS section 194C and 194M.
When to deduct TDS under section 194 M and what is criteria to apply under section 194M.

An American married an Indian resident and he wants to bring money from USA to buy a house in India. What are legal compliance? and Income tax liability if any ?

sir
i file income tax return for a.y 22-23 on sept 30 . later on 31 st december 2022 rs 4 lac
updated in form 26 as . I could not claim it in the original return and time for filing the
revised return expired . I filed the rectification in form 26as but the cpc did not allow
the tcs but the same is reflecting in the form 26as . it is big amount what i do.

In fy 2022-23 I make loss of 80k in which 50k is goverment charges only and i need to carry forward it.

First question, is my 80k total loss will be carry forward or goverment charges can't get carryforward ?

Second question, i don't have any taxable busines income my father has taxable business income can I deduct my loss from his taxable amount he is nominee in my trading account. Or i need to carry forward it separately on my account ?

Hi Experts
My brother has been working as Chef in Qatar as Chef in a hotel from 19th Aug 2022. It is first time he is working abroad.
Will his salary taxable in India ?
Please guide...

Dear Sir,

We are provided Safe and Cleaning Water to Community people monthly Sales Rs.235000/- annually approximately Rs.2600000/- Sales is tolly exempted so during filing ITR-4 we need to show all Sales under business and profession and disclose minimum profit 8% OR Need to show all under exempted income.

Please advise

While we trying to make the payment under sec 192b tds by logging through portal ,it is not able to select minor head as 0020 as the company deductee.By default it is getting selected as 0021.and no 0020 option is there.it is found under sec 192.any solution for the query pls help

Dear Sir,

What is the difference between exempted sale and exempted income.