Dear Sir,
We are filed 24Q TDS return in our organisation. In that return some of employees pan number is inoperative. in Q1 , Q2, Q3 Returns also there is no error showing even though pan is inoperative and it is processed, But in Q4 Return department is raised a demand for Rs.47220.
Details as follows.
New Tax Regime is opted by employee.
Gross salary 431468
Less: Stud deduction: 50000
Total taxable income : 381468.
In justification report department is showing Inoperative pan Tax rate is 20% U/s 206AA and short deduction is Rs.47220. on what basis they are calculated 47220. is there any possibility
to rectify the demand other than payment. Please clarify my doubt as early as possible.


Thanks in advance,
Thanks & Regards,
Bheema Reddy.

My mother passed away two years before .her 1/3rd share of money will come to me.what is the tax treatment.?

Hello sir
Sale of apartment in less than 2 years in treeted as STCG ,but previously we taken the interest on house property deduction upto 2 Lakh and 80 C deduction now how to treat
Please clarify the same
Thanks

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PLEASE ADVICE CAN I USE TCS CHALLAN FOR TDS OR I HAVE TO PUT REQUESTFOR CORRECTION OF SECTION?
WITH THANKS

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SIR
MR A SOLD LAND AND BUILDING AS ON 30.08.2023 RS. 9,45,000/- THIS LAND PURCHASES AS ON 14.03.1987 COST RS. 1000/- AND REG.FEES 100/- AFTER HE SPENT CONSTRUCTION RS.450000/- FOR VARIES YEAR 1995 RS. 75000/- AND RS.175000 AS ON 2000 AND RS. 200000/- AS ON 2010. HE CLAIM THIS AMOUNT FOR INCOME TAX FILING THE FOR THE ASST -YEAR 24-25 CLAIM ON WORKING CAPITAL GAIN .
THANKS

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My question is
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