Please suggest whether the private limited company need to deduct the TDS on Invoice of Meal Charges bought from XYZ Food Court.

If yes then under which TDS Section?

Thanx

The party 'X' made sale agreement with land owner, later government acquired land and issued the TDR to owner and such TDR sold to a builder in return builder paid certain amount Land owner and 'X' as the confirming party on the instruction of land owner by deducting TDS under section 194IA for both.

1. How and under what head such income should be treated by Mr. X since he is not the absolute owner of either land or TDR.
2. Since it is purchase cost for the builder he deducted TDS, hence it is considered as capital gain as per the form 26AS, and ITR3 form is selecting for filing. If so, since Mr. X is not the owner of either land or TDR and he has not transferred anything How the capital gain will apply?
3. if it is a business income and comes under 44AD and ITR4 is the applicable form and since there is a TDS us 194IA it is asking for me to declare capital gain.

Please guide us and provide suitable explanation & reference of sections of case laws if any.

Sir,
It individual assessess (Name Mr.A) purchase of residential plot value rs:15 lacs f.y.19-20 and cost of improvement expenses rs:20 lacs f.y.19-20 (payment furniture and paints etc purpose) payment made assessess brother (Mr.B)
If assessess plot sold value rs:50 lacs f.y.24-25
Question:
Assessess cost of improvement expenses paid made by bother calculation procedure for capital gain purpose.

Respected Experts,

Our CA has not yet filed ITR3 for FY23-24. Will our firm face any discrepancies due to this. Our assessed income 2 crore.We gave data to our CA on Sep24 but he waited till 15.11.24. But has not yet filed. He says there won't be any issue. I respect his advice I however personally want to know suggestions from you. Thank you.

Respected Sir, That the incoeme tax case under section 142(1) of the assessee has been fixed for scrutiny.That the assessee is the owner of the crredit card.That the credit card of the friends and relative also use the credit card of the assessee. That Now I am in doubt who is the amount belong to the assessee and which is the amount belong to the relative/frieds who has use the credit card of the assessee.Sir from authority I want to know who can I do in the above said matter and oblige.

2019 2019201937119650496T 287610.0 11-Mar-2020 CPC
2018 2019201837016444242T 256440.0 15-Apr-2019 CPC

How to calculate the interest for the outstanding

Assessee is a builder and currently start developing a residential apartment. As per agreement the builder has to give 10 flat to landlord. But now the landlord said he will keep 8 flat and two flat he want to sale ( construction is just starting ), the builder agreed to pay landlord the value of two flat he want to sale, now the query is that is TDS applicable in this case? if yes, then under with section the builder have to deduct TDS, please suggest !

Dear Sirs : I am trying to deposit TDS on sale of property u/s 26 QB through regular income tax portal of assessees by LOG in > password > e -tax > form 26QB but at continue slot it does not move and "pop-up shows that an error has come, please try later" Please guide and help me. Regards

For the assessment year 2024-25, we have received a notice from CPC for not filing audit report in Form 10B as the gross receipts of the educational trust exceeded Rs 5 crore.we have mistakenly filed Form 10BB instead of filing Form 10B. We have been given 30 days to submit the reply. Can the experts kindly explain how to reply for this notice.

I am a senior citizen having NO income under business or profession.

I hv income under capital gains revoked us 54 f.

When should I pay the tax amount to avoid penalty and interest

Regards