Suresh S. Tejwani
This Query has 2 replies

This Query has 2 replies

17 September 2024 at 09:12

REGARDING FEMALE KARTA OF HUF

Can a widow and her son create HUF on their own and Such Female member can be karta of HUF?


Hari Vignesh
This Query has 3 replies

This Query has 3 replies

16 September 2024 at 17:39

Updated return TDS

Can I claim less TDS to file updated return?

If Tax = Rs.30000 and I have TDS deducted = Rs.100000 for FY 2022-2023, can I claim Rs.29000 from TDS and pay Rs.1000 as tax and file updated return? If yes, is there a way to claim the TDS next year?




Suresh S. Tejwani
This Query has 1 replies

This Query has 1 replies

Is there any case study that if order u/s 147 has been passed then such point can be reopened in the subsequent case of same assessment year in different issue?


jayesh khokhariya
This Query has 1 replies

This Query has 1 replies

16 September 2024 at 11:50

AUDIT APPLICABILITY 44AD(4)

A.Y 2021-22 RETURN FILED U/S 44AD
A.Y.2022-23 TURNOVER 2.5 CRORE AUDIT DONE U/S 44AB
A.Y.2023-24 TURNOVER 1.32 CRORE AUDIT DONE U/S 44AAB
A.Y. 2024-25 TURNOVER 76 LAKHS WANT TO FILE RETURN U/S 44AD
IS IT POSSIBLE ?? OR COMPULSORY GO FOR AUDIT U/S44AD(4)


nitin gulati
This Query has 1 replies

This Query has 1 replies

16 September 2024 at 11:24

Tax Audit For Commercial Property Rent

Sir

Mr X individual constructed Commercial Warehouse on Land and Let out to Gst Registered Person and charging GST also .

Mr X wants to shown rental income as business income and wants to claim expenses and claim depreciation on constructed warehouse .Rental Income more than 1 CR. Mr X keeps Books Of Accounts .

Whether Tax audit can be done in this case.

Thanks.


brigade ca
This Query has 5 replies

This Query has 5 replies

16 September 2024 at 10:06

Joint buyers and joint sellers

so if i have 2 buyers and 2 sellers and property purchased = 70lac

total sale value consideration would be 70lac(irrescpective of joint buyers and joint sellers)

and total stamp duty value and total amount paid/credited = would be 17.5 since 4 forms and lumpsum


dont i have to divide total sale value consideration by 2 ie 35lac for each buyer since each buyer will go for 2 26qb and putting 70 lac will increase the value of property in sellers 26as??


Chahat Khanna
This Query has 3 replies

This Query has 3 replies

15 September 2024 at 15:45

80JJAA deduction

Resolved and deleted.


jayesh khokhariya
This Query has 3 replies

This Query has 3 replies

15 September 2024 at 13:35

Compensation to worker

one worker was died in accident occurred in business premises, Due to death of that worker Business owner has incurred hospitalization expense of that worker around 4 lakh , but unfortunately worker was died and business owner has paid another 4 lakh to his family member, Than 8 lakh will be allowed as business expenditure or not ??




Rahul Singh
This Query has 1 replies

This Query has 1 replies

Sir
I have paid Self Assessment tax of Rs 1890 but forgot to mention in ITR U 139 8A tax details. What will happen. Will the return will become defective/invalid. This pertains to AY2023-2024


Parekh
This Query has 6 replies

This Query has 6 replies

15 September 2024 at 09:00

TDS on property - 26QB

Hi,

I have registered document for residential property and want to pay TDS.
My property value is 70 lac, but I have just paid 5 lac for registration as lumpsum and balance will be paid later.

1. on which amount I have to pay TDS?
2. can I pay on full mount of 70 lac? (if yes , I would like to pay in full)
3. in any case "amount paid/credited to seller" will be 5 lac?

Thank you in advance






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