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

I am paid biweekly in foreign company in USA. Half of my March salary I received in March that I offered to tax. The second half I received in April, 2024. My CA told me that since the salary was received in April, and the tax was deducted in April 2024 in the foreign jurisdiction(Which is a different tax year in India), I won't be able to claim FTC on this amount and that's why I should not include it in FY 2023-24 income. Is my CA correct?

GST input not claimed and booked as expenses , whether TDS to be deducted on Taxable value or Inclusive of GST amount.

what is TDS rate on event Managemnt. and which section applied.

Hi All

Is the TDS to be deducted on Online Learning Platforms Like Coursera Subscription by Company to His Employees ?

And the Coursera is Actually Outside of India which he provide service in India for the Subscription and he has the SNRR Account Bonafide Transactions in Rupees

All transactions in the SNRR account will be subject to payment of applicable taxes in
India- Google Search

As of My Underating That the payment relates to subscription of an online learning platform, it typically falls under:

1. Royalty (if it involves access to copyrighted material, intellectual property, software, etc.).

2. Fees for Technical Services (FTS) (if it includes the use of technical expertise, know-how, or systems).

Both royalty and FTS are subject to TDS under Section 195.

Payment in SNRR Account:

Payments into an SNRR account are treated as domestic payments for tax purposes and are subject to Indian TDS rules.

Nature of Payment to Coursera:
Online Learning Subscription:

Payments for subscription to platforms like Coursera generally qualify as royalty under Indian tax law. This is because:
You are paying for access to intellectual property (e.g., course materials, software, or content hosted on Coursera).

Payments for accessing online databases or software platforms are considered royalty under Section 9(1)(vi).

As per Section 195, any payment to a non-resident that is chargeable to tax in India requires TDS to be deducted as the SNRRA Account considered as Domestic Payments

Is My Understanding is Correct

If yes, Kindly share any supporting or Case Study Regarding this Scenarion

Thanks in Advance

Regards
Vignesh Raja