basu1992
06 January 2025 at 14:11

DTAA India & UAE

One of my client is purchasing property from and NRI of Dubai, how tax we have to deduct under section 195.


Suraj
06 January 2025 at 13:50

Treatment of Renting of Villa

Dear Sir / Madam,
My query is as follows:

Mr A has built a villa having 6 Rooms, Kitchen, Swimming Pool, Gym on the outskirts of Mumbai. Mr A and Mrs A are the owners whereas the entire contribution to build the Villa came from Mr A. Mrs A is there for namesake.

Now Mrs A wants to rent it out to the people either through the services of MakemyTrip etc or through direct enquiries, by starting the proprietorship business.

How to treat this rental income for Mr A and Mrs A?

Kindly Guide.
Thanks & regards,
Suraj


Daya
06 January 2025 at 12:26

sale of unlisted shares

what is capital gain tax rate on sale of unlisted shares
LTCG and STCG


Anish Verma

Assesse has filed the ITR on 16th June 2024 for the AY 2024-25. The ITR was e-verified through Aadhar OTP on the same day. The refund receivable was around 30K. The ITR has not been processed till date i.e. 06/01/2025.

Two-time grievances have been raised on the portal with CPC-ITR for the delay in processing of ITR but every time it has been closed stating that returns go through automatic validations and checks, so wait for processing.

When can we expect the processing of this ITR since the due date to process ITR was 31st December 2024?


Vipul Acharya
06 January 2025 at 10:52

TDS 194R applicability

A company wish to give foreign trip or trip in india to a consultant apart from the agreed fee, as he helped company in a project. whether TDS provisions u/s 194R are applicable or not.

Kindly reply with explanation, as per auditors TDS u/s 194R not applicable


Umesh Jadhav
06 January 2025 at 10:44

Sec. 194J tds

194J thresholds limit 30000 hai, but yah per year hai ya single bill.
Per year hai to ek bill april mai mila hai and ek bill dec mai to tds deduction kaunse month mai dikhau.


Daya

what is short term and long term capital Gain Rate right now


binu sukumaran

Sir,
I have currently only income from sole business. Plan to purchase house through housing loan . can I get deduction for Housing loan EMI.
Please advise
Binu


Daya

what is TDS rate on employment news and Rating agency Like Crisil.


Daya
06 January 2025 at 10:21

Gift to employee more than 1Lakh

Gift to employee more than 1 Lakh Given , How much exempt in hand of employee and How much GST applicable on this amount





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