WHAT ARE SFTs? DO WE NEED TO DISCLOSE IT AS INCOME FROM OTHER SOURCES??

An assessee purchased an immovable property for Rs.65,00,000. He has deducted TDS @1% and while filing Form 26QB by oversight the PAN and address of the Transferee (Buyer) was mentioned as Seller (Transferor) and vice versa. Challan was accordingly paid in the PAN and name of seller instead of buyer. Please suggest remedy. Thanks

Dear Sir\Madam,

I request you to please guide me on the above subject i.e. the Director wants to transfer his shares in the name of his employees in free of cost as he wants to retire from company. So my question is any tax liability arise to the director for transferring his shares to employees under the head of capital gains?

Sir,
It assess source of income two types
1.fees collections income
2.sales of medicines income
Question:
Assess benefit of old or new scheme it returns filed two business person.

hello expert
recently i filed my first itr and i made some mistake plz help
1. i am a freelancer helping people with accounting and consulting in filing for pan and linking process for which my GReceipts where 92000 and profit was 65000 cash 10400 i foolishly filled itr 4 under section 44 ada in under profession of accountancy with no current account i am an mcom graguate
2. i dont think i will be continuing my profession as i have joined a job and have no ffree time.
3 i know opting out of itr 4 or 3 i will lose the presumptive scheme for 5 years which i dont think i should lose

i am also scared of getting a notice from IT and have not slept for 2 days of scare

my main reason for filing itr this year is to show my freelance income as i have applied for TA exam in which i put PGBP as my employment
i think i want to show my income in other souces as freelance and not claim benefit of 44ad or ada
but as i have filed my income tax can an expert help me in this mess
plz plz plz help

Sir,
It assess AIS information download recently bank cash deposits and withdrawals transaction mentioned below . example:
Q.no.1.SFT-004 cash deposit in bank sb account rs:12 lacs
2.SFT-003 cash withdrawal in bank sb account rs:10 lacs.differnce amount rs:2 lacs cash at bank treatment
Q.no.2 1.sft-004 cash deposit in bank sb account rs:10 lacs
2.sft-003 cash withdrawal in bank sb account rs:12 lacs difference amount rs:2 lacs cash on hand balance treatment

Hi,

1. Does a company who wants to design websites for clients outside India and receive payments in Dollars via wire transfer requires to register for IEC number (Import Export Code.?)

2. When we purchase services like Web Hosting Servers from vendors outside India, we pay GST via RCM method and claim input credit. But there is no way to deduct TDS for foreign vendors as they don't have any tax registration in India. So how do we handle this?

Trust have sold recently inherited (Old) commercial property vide Income generated Rs.15Lac on it so kindly guide us on below queries;
1. Whats the Capital Gain Tax Applicable?
2. Where we can invest (Bank FD or Post Office FD or Property or Bonds or Mutual Funds) inorder to have proper Tax Planning?
3. In How much time we have to invest?
4. Do we have to invest total amount received on sale of property or the income generated Rs. 15Lac?
5. If invested in Bonds or Mutual Fund whats the Locking Period?

Kindly update us on above queries or we are contactable on 9867023723 for more clarification.

when i upload 10a after attaching all documents . On submission of form after affixing digitals it shows submission failed . Invalid flag but no details given of error

In FY -19-20 Department send me demand tax late fee RS- 980 and i am pay yesterday with interest using net banking then i try to submit response in adding challan details not submitting showing massage me if i save challan clicking (Any open challan with such details is not available in the database for this assessment year.) this massage showing and submit option not activating .3
please help me above problem