Sir/Madam
i am working i a IT concern. we meet out very high amount for telephone charges to vodafone & broad band charges


1. TDS is applicable for broad band charges, telephone bills to vodafone & pulse
we deduct tds for broad band alone for 194j 10% is it right sir

2.we deduct tds for our vendor. but we cancelled and debit has been made.
we need to adjust the tds with the next month bill ?
3. deduction of tds is responsible for gratuity by employee at the time of payment to employee?
employer responsible right sir.

Mr A and Mrs A are husband and wife. Mr A and Mrs A purchased a house property in February for Rs 50 Lakhs. Rs 20 Lakhs were paid by Mr A from his bank account to seller, property dealer, stamp duty etc.
Mrs A sold some shares in June for Rs 50 Lakhs.
She repaid Rs 21 Lakhs to Mr A along with reasonable rate of interest (considering his initial contribution as loan).
Query Can the funding / payments done by Mr A on behalf of Mrs A for the purchase of house property fall under section 269SS. All the payments by Mr A were done thru proper banking channels on behalf of Mrs A and later refunded through her Bank Account to Mr A bank account along with interest.

My friend has paid the outstanding demand amount as notified by the Income Tax Department on 18 January, 2023 and the details are being shown correctly on the OLTA Challan Status enquiry site. He has paid the same through a friend's bank account who, in turn, has made online payment through State Bank of India and has obtained a taxpayer's counterfoil.

Now, my question is : From where do I download the Income Tax Challan paid as above mentioned to upload in the income tax e-filing site for response to outstanding demand ?

Mr A and Mrs A are husband and wife.
Mr A and Mrs A purchased a house property in February 2022 for Rs 50 Lakhs. Rs 20 Lakhs were paid by Mr A from his bank account to seller, property dealer, stamp duty etc.
Rs 30 Lakhs were arranged through joint home loan. Mr A paid the EMI of Rs 1 Lakh till December 2022.
The house property is in joint name and home loan is joint loan.
Mrs A sold the shares in June for Rs 50 Lakhs which is also the long term capital gain for her.
She repaid the remaining home loan of Rs 29 Lakhs. She also repaid Rs 21 Lakhs to Mr A along with reasonable rate of interest (considering his initial contribution as loan).

Query
Mrs A wants to claim 100 percent exemption under section 54 F.
Can Mrs A claim section 54 F for the loan repayment done to Mr A. (It was always the intention of Mr A and Mrs A to fund the house property though receipts of sale of shares.)

Query
Can the funding / payments done by Mr A on behalf of Mrs A for the purchase of house property fall under section 269SS and be liable for penalty 271 D. All the payments by Mr A were done thru proper banking channels on behalf of Mrs A and later refunded through her Bank Account to Mr A bank account along with interest.

100 shares of a company were purchased for Rs 1000/- in 1986 @ 10/- per share , The company delisted in 2015 when its share price were traded at Rs 345/- per share. The unlisted shares were sold for Rs 14500/- in 2022 through off market trade at Rs 145/- per share. How to workout Indexation cost of purchase price for the purpose of Capital Gains/Loss. Current price index table starts from the year 2001 where as the shares were purchased in 1986.

IF TDS IS PAID FROM INCOME TAX PORTAL BUT NOT SHOWING IN PAYMENT HISTORY BUT SHOWING IN GENERATED CHALLAN AND ACCOUNT HAS BEEN DEBITED FROM THE SAME AMOUNT.
NOW WHAT IS THE SOLUTION FOR THIS ISSUE?
HOW CAN I DOWNLOAD CHALLAN FOR SUCH PAYMENT?

One employee lives in Mumbai and his HO in Delhi. He is having Home loan in Mumbai and living on rent in Mumbai. Can he get HRA and home loan benefit both.
Please advise

Dear Sir,

We are working in a IT concern as finance manager.
1.we have to paid huge amt for eb bill ( per month above 100000 to 150000). we need not to deduct any tds to government right sir ?

2.and we have to paid very small amt for diesel exp for generator yearly 60000 only . for this no need to deduct tds . tds avail only after 5000000 . is it right sir ?

Can a tenant submit Form 60 in order to claim HRA exemption in case their landlord does not have a PAN card and is ready to fill form 60? Landlord does not have taxable income more than exemption limit. Do offices accept Form 60 as proof for income tax declaration and Form 16?

Hi All,

We are planning to donate the sum of the amount for the plantation of trees, our organization doesn't qualify for CRS applicability as per CRS limits specified in the law.

I just wanted to know what is financially beneficial for us, donating a sum of the amount for the plantation of trees and claiming its deduction U/s 80G, or should we go for CRS expenses?

Also, can we avail of the deduction for 80G by donating to NGO for the plantation or not?