Divyesh Ajmera
This Query has 1 replies

This Query has 1 replies

TDS is required to be deducted on foreign remittance for purpose code s1502 and recipient is in Czech republic country?


S.R. JAIN
This Query has 1 replies

This Query has 1 replies

10 January 2025 at 14:10

Penalty under new section 271 of IT Act

An NRI assessee did not file return.Notice u/s 148 issued in response to which return was filed and tax of Rs 99000 after deducting TDS
was paid.In assessment return was accepted in toto without any addition.Can penalty for concealment be levied? Please give reference of some case laws.


Harika
This Query has 1 replies

This Query has 1 replies

10 January 2025 at 13:36

UPDATED RETURN FOR FY 2021-22

I, SALARIES EMPLOYEE, ALREADY FILED INCOME TAX IN OLD TAX REGIME FOR FY.2021-23. FOR THE SAME FILED UPDATED INCOME TAX RETURN IN NEW TAX REGIME -
IS IT CORRECT
CAN I CHNAGE TAX REGIME IN UPDATED RETURN RELATED TO SALARY EMPLOYEE


Daya
This Query has 1 replies

This Query has 1 replies

10 January 2025 at 12:18

Due date for Payment under section 43B

what is due date for payment under section 43 B Liabities under income tax.


Divyesh Ajmera
This Query has 1 replies

This Query has 1 replies

10 January 2025 at 10:17

Regarding 15CA.

If amount of remittance is below 2,00,000 and purpose is for reversal or wrong entry S15002 so there is liability to deduct any TDS amount for same?


naresh
This Query has 2 replies

This Query has 2 replies

deductor filed 27q (for nri deductees) for q3, fy2425 yesterday,
but nri deductee 26as is not showing the tds amount.
how much time it will show in, any idea?
tds was 29 lakhs, hence worried.


Nishant Gandhi
This Query has 4 replies

This Query has 4 replies

10 January 2025 at 09:43

To Keep Records

Respected Experts

Kindly guide me that how many years records we have to keep in Income Tax & TDS.


manohar
This Query has 1 replies

This Query has 1 replies

09 January 2025 at 20:22

TDS on Property 26QB

Pan & Aadhar not linked while filing the 26QB return after filling got the demand notice to pay remaining 19% tax, what's the solution please let us know.


SIDDHARTH MAHESHKUMAR SHAH
This Query has 1 replies

This Query has 1 replies

10 January 2025 at 12:16

TDS on Consolidated Invoices

Please Suggest:
One Invoice Received as below:

Material Cost - 1,00,00,000.00
Installation Charges - 15,00,000.00

Total Invoice Value - 1,15,00,000.00 (Without GST)

Hence How much TDS will be applicable on above consolidated invoice and under which section?


suren
This Query has 1 replies

This Query has 1 replies

09 January 2025 at 17:09

Surcharge on income above 50 lac

Dear Experts,
If the assessee has income of 52 lakhs from Salary and other income and 3 lakh Short Term Capital Loss during the FY 2025, total income comes to 49 lacs though he will be paying tax on 52 lakh and carry forward loss to be setoff against capital gain in future. Is he liable to pay surcharge @ 10% on total tax payable?
This is for academic purpose.
Thanks in advance.






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