Shantanu Bose
This Query has 11 replies

This Query has 11 replies

07 April 2025 at 16:00

PAN Migration to New AO

Sir,
Can someone please help?
My question:
My residential address has been changed within same state but in different city although it's not parmanent address. How can I migrate my PAN to a new AO in changed jurisdiction from existing AO where I used to live ?
Thanks


Pranay Parmar
This Query has 2 replies

This Query has 2 replies

Respected Sir/Ma'am,

The details are as follows:

1) External Commercial Borrowings Loan Taken before 01-07-2023.
2) TDS as per 194LC 5% concessional rate is applicable.
3) PAN of Non Resident Not Available.

Kindly throw some light on TDS Rate, if Non Resident is not having PAN.

Will still be 5% concessional rate available or TDS should be deducted at Heigher Rate?

Thank You!
Yours Sencierely


naresh
This Query has 4 replies

This Query has 4 replies

07 April 2025 at 12:18

Demand due to error in 3cd

by mistake, ca wrote figure in inadmissible remuenration instaead of admissble remuneration column 21c of 3cd
immediately, in oct 2020, 143(1) raised demand. after which ca revised 3cd stating inadamissible remueration as nil


however, demand is not dropped. should i file appeal or just objection via interface writing in text box that 3cd is revised now, please drop demand explaining error by ca will do?

my view, better to file cit appeal but its of asst.2021, i hope cit appeal will allow.


sundeep
This Query has 3 replies

This Query has 3 replies

07 April 2025 at 11:02

Capital gains LTCG

I sold my apartment today. Made a LTCG. property was purchased in 14th May 2002. whether indexation will apply. whether LTCG Tax 12.5% or 20% ? whether it has to be paid in this quarter or end of FY 25-26 during filing ITR?


PP Ajesh
This Query has 2 replies

This Query has 2 replies

06 April 2025 at 13:34

Income tax planning

Sir,

My CTC is 14 lakh. I use the meal card option which is 26,000 Rs deducted annually from my salary and 60,000 LTA which is also deducted from my salary. After deducting PF, meal card and LTA, my taxable income is around 12,31,000 which less than the taxable income of 12,75,000 as per the new tax regime so I am hoping there will be no tax deducted.

But my question is what happens when I get the 60,000 at the end of the year if I don't claim LTA and then my taxable income becomes 12,91,000. Does this mean I have to pay tax on the full amount?

I pay a rent of 25,000 every month but I don't have the owner's PAN to claim HRA so in this case, which tax regime do you suggest? I don't have any other investments.

Thanks for your help.


Dinesh kumarpro badge online
This Query has 2 replies

This Query has 2 replies

05 April 2025 at 16:28

TDS -Annual fees

Annual Membership subscription charges tds deduction or not


Keerthana Keerthana
This Query has 2 replies

This Query has 2 replies

Sir,
Actually, we paid income tax for the past three years. we received challan and gave a response on income tax portal. but still, now it showing as outstanding demand on portal and received intimation letter from IT to pay the amount.
please suggest me a solution sir.


sundeep
This Query has 2 replies

This Query has 2 replies

05 April 2025 at 10:35

ITR not processed yet for FY 23-24

I have raised 3 grievances to date, but the ITR is still being processed. I submitted and revised the ITR on 31 July by adding some income that was updated late in the AIS statement. Even then, my income was below 7 lacs, and I am a senior citizen. I included the STCG of the STCG on cash stocks and the loss on LTCG cash stocks.
what is expected of me? Already April 2025 started


Sahil Doshi
This Query has 2 replies

This Query has 2 replies

04 April 2025 at 15:22

TDS on Supervision charges.

We have received a demand notice from a government department regarding salary monitoring fee, the amount of which is Rs.88265/-. So, can we know whether TDS is applicable on this fee or not?


omnath
This Query has 1 replies

This Query has 1 replies

04 April 2025 at 11:28

140-A Tax Wrongly Paid PAN No

SIR
MR A. 140-A TAX PAID FOR WRONGLY IN PAN NUMER AS ON 30.07.024 FOR THE ASST-YEAR 20240-25. THROUNG FOR HIS SB A/C . HOW THIS CHALLAN ERRO RETIFICATION AND RECOVER THIS AMOUNT FROM THE PAN HOLDER . MR A LEVING IN MADURAI AND HIS WARD IS 1 (7) BUT HE PAID WRONGLY PAN HOLDE IS LEVING IN RAJASTHAN.
THANKS






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