Dear All
Is there any rule in income tax or labour law that a person can't get monthly salary & monthly consultancy fees from same organization at a time for service rendered ?

TDS on consultance fees will be deducted as per section 194J of Income Act
TDS on Salary will be deducted as per section 192 of Income Act

CAN WE VERIFY ITR FOR A.Y. 2023-24 NOW? IF YES, THEN HOW?

CAN FORM 10IEA WITHDRAW?

In a case where the company has deducted the TDS U/s 194 J instead U/s 195 what correction can we do now. The company was not aware on the residential status of the service provider and the bank details were also given of an Indian account for payment. Please suggest?

Is the tenant liable to deduct tds on rent, security deposit payable to the landlord? If yes at what rate? Also whether tds should be deducted from the brokerage payable to the estate agent? If yes then at what rate?

Please consider both sinarios : rent above 50k and below 50k.
Please respond. Thanks

I purchased a plot from local authority. i will paid the amount to local authority on 27 Dec.

I have paid the TDS of 1% on 23 Dec. but accidentally i selected the date of payment and date of deduction i choose 19th dec because on same day i filled the form and saved it as draft and done the payment on 23th Dec.

Is this a concerning thing ? if yes is there any process to rectify it ? and on traces portal if i search for this challan with ack no and seller pan card no. I'm getting no such data. Is it because it takes some days to reflect on traces portal ?

If there is refund in case of 147 order, then what is further procedure made against such order in order to claim such refund?

Respected Sir/ Ma'am
We recently received a notice under our client's TAN, stating a demand has been raised due to the associated PAN being marked as inoperative. In the Demand Notice received, all the employees mentioned in the list have the Total Taxable Income below Rs. 5,00,000/- in the previous Financial Year i.e., 2023-24.

So, here at this point we seek your guidance that what if we remove the entries of those employees from previous year. Will the demand be removed or it would still be standing payable?

I would greatly appreciate if you could provide insights or share the experience in dealing with a similar issue. Your guidance on the procedural and legal aspects would be extremely helpful.

Thank you in advance!

Best regards,
Avneet Kaur

what is major differences in 194Q and 206 C regarding 206C for TDS deduction and TCS Charges.

Hii,
Can we show income from Benefits or perquisites received in respect of business or profession (Section 194R) in 44ad as gross receipt as business have made an expenses to earn the income.

Is GST will be applicable on such receipt.