Deepa V
This Query has 4 replies

This Query has 4 replies

20 April 2025 at 19:06

TDS on advance amount paid to builder

Should I pay TDS on advance amount paid to builder before executing sale agreement on property purchase? The total value of the property is more than 50 lakhs. Also in the case of joint buyers and one seller if the total property value is 60 lac what is the total value of consideration to be entered in form 26qb for each of the buyer. Is it 60 lac in both form 26qb or 30 lac in each form.


San Gai
This Query has 2 replies

This Query has 2 replies

Hi Team,

If income is under Basic Exemption Limit one can submit Form 15G to avoid TDS on dividend given by a company if it crosses threshold.
As per Union Budget tax on RS 0 to RS 4 LAC is NIL. Does it mean 4 LAC is Basic Exemption Limit? or is it still 2.5 LAC?


Siddhartha Das
This Query has 4 replies

This Query has 4 replies

20 April 2025 at 12:53

26B Form submission

I submitted 26B form online for refund for excess Taxes paid. However, it's asking to submit documents to AO. How to submit that? It's says submit within 14 days. Can this be signed and emailed to AO? Or can it be uploaded some portal?


Manuj Mittal
This Query has 1 replies

This Query has 1 replies

does purchase of agricultural land need deduction of tds @1% if value over 50 lacs


Babita Sharma
This Query has 2 replies

This Query has 2 replies

20 April 2025 at 10:30

24Q Return Filling Error

I am getting below error, how to solve?
Amount reported as per section 192(2B), of other tax deducted at source or tax collected at source, other than (388)


Vinay Hirakki
This Query has 2 replies

This Query has 2 replies

Hello All,

I purchased an under construction flat in 2019 and paid stamp duty in December 2019 and got it registered to my name in 2019 itself but i received possession of that flat in 2025. So if i sell that flat in 2025, do i need to pay short term capital gains tax or long term capital gains tax


Uday Kumar
This Query has 4 replies

This Query has 4 replies

sir
i want to know that -- i am purchasing under construction flat and builder is asking Rs 60000/- for transformer of our building so want to know whether TDS to be deducted on Rs 60000/- thousand or not
Thanks


Chandra Kala
This Query has 2 replies

This Query has 2 replies


1. Demand raised by the Assessing Officer was appealed.
2. Subsequently, assessee paid the said demand amount as per Vivad se vishwas scheme 2024 by withdrawing appeal.
3. In such a case, whether PCIT can enhance the demand of tax with plea that there is a wrong calculation in Assessment order passed by Assessing Officer which was appealed and withdrawn and paid the tax in the scheme Vivd se vishwas scheme?


Gopalakrishnan V
This Query has 2 replies

This Query has 2 replies

17 April 2025 at 17:29

Advt Expenses

Huge expenditure spent on advertisement for opening a new branch, can it be shown as deferred revenue expenditure, as the benefit of spending will be spread over years?


Jacob Abraham
This Query has 2 replies

This Query has 2 replies

Is there any issue if we do not book interest and salary for working partners to adjust the profit? This year, we are in a loss and do not want to book interest and/or salary for partners.

Is it allowed?
Are there any formalities to follow for the same?






CCI Pro



Answer Query

Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details