A bungalow owner is giving his property to developer for redevelopment. Developer will be developing the property and in exchange he will give two flats to the bungalow owner out of six which he will construct. The remaining four flats will be the property of developer. Developer will also give monetary benefit of Rs. Tweny Lakhs to the bungalow owner. A bungalow is the old residential property and the base cost will be of 01.04.2001 after having a valuation report by the valuer.
What will be the capital gain in this case? Also guide for the relevant section and orders or decisions with similar to this incident.

Many thanks

WHAT EXPENSES ARE ALLOWED FOR EXEMPTION IN STCG AND LTCG ON EQUITY SHARES LIKE STT, BROKERAGE, INTERNET CHARGES, TRANSACTION & SEBI TURNOVER CHARGES, STAMP DUTY, SERVICE TAX ON BROKERAGE, ETC.?

Sir,

One of my friends resident in UAE. he sale of MF during the year in india and earn profit.

This income is taxable in india?? And what tax rate??
He has Tax Identity Number. DTTA ??

If DTTA are there than what to do?? I need to file other form before filling his Tax return?

We had filed Form 24Q for the first two quarters of FY 2024-25. However, the company ceased operations thereafter. Now, the employees who worked during that period are requesting Form 16 for filing their income tax returns.
I would like to know:
1. How can I download Form 16 Parts A and B?
2. Is it necessary to file Form 24Q for Q4 of FY 2024-25, for downloading Form 16?

Rent payable by NRI. TDS under what section to be done. What formalaties to followed in remittence of rent to NRI

Sir/Mam,

What is the limit of cash paid for purchase of goods and Expenses

Please clarify my doubt

Thanking you

DEAR SIR,

ONE OF MY CLIENT RENTING HIS 12WHEELS HEAVY VEHICLE FOR SO MANY COMPANIES. HIS PREVIOUS YEAR RENTAL INCOME RS. 407006/-(154551/87900/164555) FROM ALL COMPANIES. NO ONE HAS BEEN DEDUCTED TDS.
AND ALSO HIS UPI TRANSACTION NEARLY ABOVE 40LAKHS PER ANNUM. RECEIVED FROM RENTING VEHICLES.

IN THIS CASE CAN WE DECLARE BUSINESS INCOME U/S 44AD

YOUR GUIDENCE MUCH NEEDED

THANK YOU

Sir,

While file ( 24 Q Qtr. 4th 2024-25) TDS return in below option ask in Colum no.332B in RPU file :-
(Whether opting for taxation u/s 115BAC ? (Applicable from Fy 2020-21 up to Fy 2023-24)
Or Whether opting out from taxation u/s 115BAC (1A) (Applicable from Fy2023-24 onwards )
(Yes /No) )
Which option we select Yes/No please revert.

Donations 1,000,000.00
Less: set apart 15% (150,000.00)
Remaning to be applied 850,000.00
Applied (300,000.00)
Not Applied 550,000.00
Now, this 5.5 lac is taxable at slab rate or at MMR ? Kindly suggest with supporting laws

My client contracted with a video editor for his channel, he is paying Rs 1 lakh per month to the editor is TDS deductible u/s 194C or 194J? (If under 194J at what rate?)