Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

14 October 2024 at 16:45

Account records maintained doubt

Sir,
It assessess owns maintained hospital yearly Gross receipts rs:2 crores books of accounts electronic mode method maintained f.y.23-24 and f.y.24-25 books of accounts manual mode maintained
Question:
Assessess electronic modes method maintained compulsory for it act.


sri vijayan
This Query has 3 replies

This Query has 3 replies

There are three coparceners [one mother and two daughters] selling a residential property to an individual. Both the daughters will not receive any share from the sale proceeds money from their mother. They have given power of attorney to the mother. Mother only will execute the sale deed.
Purchaser has to deduct tax and pay it in seller’s PAN.
Now, purchaser’s doubt is whether can she pay the entire TDS amount into mother’s PAN only?


Suresh S. Tejwani
This Query has 1 replies

This Query has 1 replies

13 October 2024 at 14:04

REGARDING FORM 29B

FORM 29B FOR MAT IS MANDATORY TO FILE BEFORE 30TH SEPTEMBER? IF YES, THEN WHAT IS CONSEQUENCES OF LATE FILING THIS FORM?


ANAND A
This Query has 8 replies

This Query has 8 replies

Sir
Can you pl clarify whether the flying instructors in the flying academy to train the pilot trainees, do they come under
44ADA. Please clarify
Rgds
Anand


sharanappa m hugar
This Query has 1 replies

This Query has 1 replies

Hello Sir,
I have one client for Agricultural Land Lease provide to Wind electricity company, as per lease agreement, agreement period is 20 years lease amount is Rs. 20Lacks. The lease amount paid by company whole in single year rs. 20lacks single payment and also Tds deducted @rate 10%.
But above situtation how much income disclosed to income tax return because Rs. 20 lacks considered not a single year it should lease period is 20years the income should shown year by year also.
Kindly tell the above problem solution


Sandeep Kumar P
This Query has 1 replies

This Query has 1 replies

11 October 2024 at 12:43

Refund in violation U/s 44ADA

One of my client got a IT intimation that refund is in violation of Section 44ADA. However, we have filed Tax audit report U/s 44AB(e) business income. There is no professional income earned during the year. But while deducting TDS for one of transaction by one of their vendor it was been made U/s 194J. Please advise at the earliest.


vinod sharma
This Query has 3 replies

This Query has 3 replies

10 October 2024 at 20:04

Another pancard

my friend applied for duplicate PAN CARD as his pan card was lost somewhere.then he came to know that one more card was issued in his name. how to cancell another card.the card which he usages has linked with aadhaar.


Kunjan
This Query has 1 replies

This Query has 1 replies


WHERE TO REPLY TO 133(6) IN PORTAL?
1st option is quck links/comply to notice wherein, after writing din and OTP, it says INVALID DIN. MY DIN IS example ITBA/AST/S/133(6)/2024
-25/1111111111(1). WHY IS IT SHOWING INVALID DIN?
2nd option is e-proceedings where i cant find that notice.
3rd option is after loggin in, compliance portal/view notice where i cant find that notice either.

my question is --> is there any format of DIN? may be we cant write brackets, still its showing invalid din.
MY FEELING--> no idea how to reply to 133(6) on portal.


sunil hagawane
This Query has 1 replies

This Query has 1 replies

10 October 2024 at 16:26

TDS on Solar Energy Supplier

Dear Experts,
1 A company is availing solar power from an individual, who is having the facility to generate the solar power.
2 The solar power supplier has raised the invoice to the company in his own name.
3 The query is
Whether TDS is applicable on this solar power supply or it is exempted from deducting the TDS.
4 Pls clarify


Deepak Londhe
This Query has 1 replies

This Query has 1 replies

10 October 2024 at 15:17

TDS on Registration of Idea

Dear Expert

Is TDS applicable for registration in Idea Awards exps ?






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