Dear Expert ! My client is running Restaurant and sell through Swiggy, Zomato etc. Being E commerce operation they deduct 1% TDS u/s 194O from payment after adjustment of their Commission /Service charges etc. Is it necessary to deduct TDS by Restaurant u/s 194H for their Commission ?

Sir,
Q.no.1Assessess sec 194jb and sec 194k some amount show as per 26as.
Assessess above mentioned sec income professional income or other sources of income treatment in it act.
Q.no.2 assessee pf and esi payment every month and some months due date after paid.
All payments expenses claim allowed in it act.

1) We’re paying in USD via Credit Cards towards purchase of services like Server Hosting/Linkedin towards business usage. Shall we deduct TDS u/s 195, if yes at what Percentage we’ve to deduct (PAN is not available) and is there any supporting clause which mentions not to deduct TDS? 2) Payments were already made without deducting TDS, Whether to grossup for deduction of tax if TDS has to be deducted?

Your Return for A.Y. 2021-22 has been processed.
There is no payment due.

I got a mail and attachment is this
Do i need to do anything?

Dear Sir
We Have Paid Tds For Last Year Dated 30.12.2021 Which is Showing In Oltas Reconciliation But Not Showing In Traces Portal Till Now .
Whether Any Solutions for The Same .

I have salary income of Rs1000000/ ten lakhs per year. The co is deducting tds on my salary. How can i save tax by investing. Please advise the government schemes available?

1) Assessee is an resident individual
2) He has 2 businesses and 1 profession, income from which is offered as Income from Business / Profession
3) He owns 4 residential houses
4) 3 houses are let out; either for full or part of the year
5) 4th hosue is self-occupied
6) All 4 houses are shown as Fixed Assets in Balance Sheet
7) Rent from let out houses is offered as Income from House Property

Query:
a) Can assesse claim depreciation in P&L account of Business / Profession?

Residential property is sold in Dec 2021. The entire capital gain (say Rs. 1cr) is proposed to be invested in an apartment in a new residential multi-story building that is under construction by a commercial builder. Say the apartment price is Rs. 3cr.

Under construction linked plan, Rs. 1cr has to be paid immediately. The remaining payment follows the construction schedule. Actual possession is after 3 years, although builders are known to delay projects.

The question is - since the entire capital gain of Rs. 1cr has been invested in an under construction property within the allowable time of 3 years, but the remaining payments and possession is likely to take place beyond 3 years from the sale of the old property, does this qualify for exemption under section 54?

Sir,
A person cash loans to debtors balances as on Dt:01-04-21 show in books value rs:10 lacs.
Dt:20-05-21 cash paid (through on bank) rs:5 lacs
Dt:19-08-21 cash from debtors (through on bank mode) rs:3 lacs.
Debtors balances as on dt:31-12-21 rs:12 lacs
Question:
Assessess interest calculate on closing balance amount or transactions wise correct procedure.

Cost of land including registration charges Rs.92000, year of puchase 1995.
Construction cost Rs.500000 - year of construction 1997, this is sold for 1800000 in the year 2022. Kindly let me know the long term capital gain or loss.