Suresh S. Tejwani online

Whether there is any liability arise on withdrawal and addition of funds in partnership firm by partners ?


P.Madhivadhanan
03 September 2022 at 19:01

CRYPTO CURRENCY TRADING

DURING THE FINANCIAL YEAR 2021-22 AN ASSESSEE WHO PURCHASED CRYPTO CURRENCY FOR RS.100000 AND SOLD WITH IN A MONTH FOR RS 108550 . hE IS HAVING TAXABLE INCOME . tAXABILITY OF CRYPTO CURRENCY FOR ASST YEAR 2022-23? AT WHAT RATE AND UNDER WHICH HEAD?


Musavvar Ali Saiyed

I was in a temorary(Contract) job in Govt. Hospital in a Covid-19 Epidemics.Appointed by CMHO office.
Than what is the right option for type of deductor?
In form 16 Deductor is CMHO office and Responsible person is CMHO officer.
Please guide me what option i can choose?


NARENDRA KUMAR GABA
03 September 2022 at 12:39

FORMAT FOR DECLARATION

kindly share the format for declaration U/S 13 (1) (c)


mahan
02 September 2022 at 20:29

Legal heir's access to deceased person's IT

1. whether full access to details of past ITRs , 26AS,etc of the deceased person in IT portal is available to the legal heirs of the deceased person
2. what is the share of each legal heir in tax liability of deceased, even though other legal heirs dont opt to register with IT as legal heir of deceased.


Kollipara Sundaraiah
02 September 2022 at 17:17

It transaction accepted

Sir,
Brother gives some money amount from sister for the purpose of rights withdraw in father's immovable property.
Question:
Above transaction accepted and show procedure in books and capital gains applicable in it act.


Satish Mehra
02 September 2022 at 16:53

TDS claim previous

My ITR for AY 21-22 was filled within due dates. TDS (revised return) was deducted (for Ay 21-22) by a party after 31-3-22 (last date to revise Income Tax return for AY 21-22). How can I claim that TDS which is visible in 26AS now. Thanks in advance


Debashish Sen Gupta
02 September 2022 at 13:04

IT demand for AY 2009 10

Hi please guide my ITR 2 which was manually filed for AY2009 10 was having a clerical error where loss from house property amount did not reduced my taxable income instead it was shown as loss carried forward for future year, which was contrary to my form 16. Intention was to claim the loss in that year itself. CPC in Nov 2014 communicated that there is an outstanding demand dated 2010 where there is a tax and interest due. I sent two letters to AO and also uploaded my grievance in the IT website saying demand was not acceptable in full. I was not in India thus couldn’t visit the concerned AO. Now this year IT department has adjusted huge amount from my AY 2022-23 refund. Please suggest options available with me. Regards


Nagaraj
02 September 2022 at 12:04

Section 40(ba)

Dear Experts,

in the case of an association of persons or body of individuals [other than a company or a co-operative society or a society registered under the Societies Registration Act, 1860 (21 of 1860), or under any law corresponding to that Act in force in any part of India], any payment of interest, salary, bonus, commission or remuneration, by whatever name called, made by such association or body to a member of such association or body.

My question is
1. Society registered under society registration act, 1960 in Karnataka will exclude from section 40(ba) same like Societies Registration Act, 1860?

2. In AOP if member worked as an employee how to take salary or remuneration?



Ashish Kumar Pandey

If an Indian company taken a property on rent in Kanpur India
Property owner (Individual) Lived in Dubai last 10Years and raised bill from his Dubai address and also given PAN to us which was registered in India
But payment taken in his NRO bank account which is also in India,

So, Kindly suggest for TDS deduct under which section
Form 15CA needed or not if TDS deduct under section-195 NRI

Read more at: https://www.caclubindia.com/experts/tds-on-rent-195-or-194ib-2877694.asp






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