Purchase of Machinery 04.05.2017 but not installed at , installation process is running .10.05.2017 fire accured and machine destroy.
QUESTIONS
1) THIS MACHINE IS ADDED TO PART OF BLOCK OR NOT? IF YES IN WHICH SECTION
2) CAN I CLAIM INSURANCE FROM INSURER COMPANY ? BECAUSE GROUP INSURANCE POLICY TAKEN BY COMPANY.
3) INSURANCE COMPANY SAID IS NOT A PART OF BLOCK & NO PRODUCTION IS START SO THIS MACHINE IS NOT PAID ANY INSURANCE AMOUNT

I remitted more amount in TDS Challan by oversight in Quarter II. I adjusted the excess amount in III quarter. TDS return is not generated showing the error ' deducted amount is more than challan amount'. Pl suggest

my client has filed original ITR for the FY 2021-22 within due date but skipped Capital gain income.now he want to file the ITR but time period for revised ITR is over, so shall I file updated ITR for that income in January 2023 ?
can any one guide me in that matter

I reside in a jointly owned residential house A with my brothers, where I barely have a room to live. All of them have multiple rooms.

3 months back, i sold a jointly owned residential plot B (with my brothers).

Now, i want to buy a flat/ apartment C to reside.

Can I claim capital gain exemption under sec 54 with respect to B & C.

If yes, can i use sale proceeds from B elsewhere & use a home loan instead for C?

Thanks in advance

Circular 23/2017 dt 19.7.17 clarifies that TDS should be deducted on amount excluding GST, provided GST is indicated separately. Now, under Income Tax act, for what purpose should this circular be applied.

1. For the purpose of ‘determining the amount’ on which TDS should be calculation .

2. For the purpose of ‘determining TDS APPLICABILITY’ ie: scope of TDS threshold limits.

If the scope of the above circular be applied on point no 1 , then what is the scope of checking threshold limits(including GST or excluding ).

Assessee's Total income for the financial 2021-22 is Rs.472800. After 87A relief his tax is zer0. 234F Rs.1000 Payable. He wants to file ITR U for the asst year 2022-23. He has not filed return already. Is it possible . If it is possible challan 140B or 140A. How much is the tax payable. His age is 58 years.

History-
I paid monthly contribution ( about 12%) from my tax paid salary to my Company regularly for 14 year ( about Rs. 9 Lakhs)
After retirement at 60 years , Company fixed my monthly Annuity through SBILIFE and I am receiving annuity monthly .
Question -
This annuity is taxable or not ?
In my opinion , it should not be taxable as I had contributed this Rs. 9 Lakh fund from my taxable salary for past 14 years. Can we connect this case with Section 10 , Tax clause 23aab
Kindly clarify me .
Regards

Note that PARTY Not Filed any Return in Previous Year , he is a salary holder
Please said us can we will filed BACK DATED Income Tax return for 03 Years (i.e. A.Y 20-21,A.Y.21-22,A.Y.22-23 ) IF YES THEN PROCIDURE

Dear Sirs/Madams,
My clients jointly brought one flat from the seller, property value INR 68 lakh, He/She completed consideration money in three installments in December 2022. But at the time of filling 2 nos 26QB, is he/she need to mention the total consideration amount of INR 34 Lakh in each 26QB or INR 68 Lakh in each? IT website guide to mention the proportionate amount of stamp duty for each 26QB filling .
Also at the time of filling 26QB if the last installment is marked as "Yes" and the previous installment amount is entered then TDS is calculated on the total amount of the previous & current installment automatically. Is it right or wrong? because they are already filled & deposited TDS on their previous paid consideration amount. If the total previous consideration paid & current consideration paid is less than the stamp duty value then TDS will be considered on the stamp duty value is it correct or wrong? as TDS should be deducted from the purchase value of consideration & not the stamp duty value.

Sir,
At the time of submitting responds in e verification schemed in Income tax its shows undefine.

Please gives the solution for the same.