Sir,
I would like to know whether 5 Year TD in P.O. ( Int. paid yearly ) is allowable for deduction u/s 80 C . Then it is also understood from the Post Master that there is no need to submit Form 15 G / 15 H for 5 Years TD of P.O. . Is it correct ?

With regards ,
Sudhir Saha

Respected Expert

Kindly provide Income Tax Calculator for the F.Y. 2022-2023 with new regime & old regime

Dear Sir/Madam,
Is there any reporting requirement of Sale of Rural Agriculture land while filing ITR? Because rural Agri. land not a capital asset But any requirement of disclosure in ITR?

Plz Clarify....

Can we carry forward unclaimed TDS to next financial year ? If yes, please specify section.

Can a Private Limited Company buy Flat/Apartment in its name and claim depreciation.
The premises would be used as residence of Director

Also if it can be purchased can be be in Joint names of Company 50% and Director 50%

Can we still file revised return under section 139(5) for FY 2021-22 as on 3rd March, 2023 or the only option is 139(8A).

Hello Members,

In case wherein the TDS was not deducted earlier and now upon realization it is deducted now for last 6 months, Could you please help on the below :

1. The Interest on such late deductions will be payable @1% per month?

2. Since it was missed for deduction and TAN was applied now. TDS return will be due now when the deduction has been done? there won't be any penalty for delay in filing of the TDS return, as earlier TDS was not deducted is the understanding right?

Regards
Gaurav

Is 194C applicable on payments to Media houses / Broadcasters like print, television radio etc on the media buying because many media houses like Zee, Star are getting their TDS deducted at source while some media houses like TV 18 denied mentioning agency would not n deduct any TDS at source to the payment for media buying... IN Income Tax its not very much clear so it require your expert views with specific justification in this regard.

Dear Sir,

During Filing ITR-4 What mention name of the business. Name of the proprietor or name of the trade for example MR.A is the proprietor of Trade Name ABC Co.
Please suggest

Dear Sir

Proprietor invest some amount in Crpto ( Purchase of Bit coin ) TDS deducted under 194S please suggest entry in books of account and treatment of TDS