D.P.KAPOOR
This Query has 2 replies

This Query has 2 replies

07 August 2024 at 16:09

Rental income of Joint property

Joint property mere aur meri wife ke nam he us per rent mere account me aa raha he. kaya me yeh rent 80% apni return me aur 20% anpni wife ke return me yaa pura rent apni return me dikha sakta hun.
DP Kapoor
9810600330


Sachin Singh
This Query has 2 replies

This Query has 2 replies

Hello, I have always had business income (ITR 3). Last year, I'd filled Form 10IE to file under the new tax regime. If I want to continue under the new tax regime this year as well, I don't need to fill any form this time, right?

This year, the new tax regime is in any case the default one, so this would also mean I don't need to fill any form, right?

Thank you.


Harsh Mehta
This Query has 2 replies

This Query has 2 replies

I understand profit from buyback of shares needs to be shown under "Exempt Income" in ITR.
However under "Exempt Income" there is no option of section 10(34A) to be selected. How to show?


Dipen
This Query has 2 replies

This Query has 2 replies

Dear Experts,

If an individual gifts property to wife or children without any consideration, then that transfer will not be subject to any tax.

However rental income from that property will be taxable in whose hands? transferor or person receiving the gift? Will these attract clubbing provisions?


Ashok
This Query has 3 replies

This Query has 3 replies

Sir, Madam.
I have a Mediclaim policy provided my employer, can I claim the amount of this Policy under section 80D in my income tax return.?

Thank You..
Regards
Rakesh Yadav


D.P.KAPOOR
This Query has 2 replies

This Query has 2 replies

07 August 2024 at 16:09

Rental income from house

sir One property purchase jointly with my wife but total rent amount transferred in my bank account. please advise the total rent may be shown in my Income Tax Return. Yadi mein ITR 2 me Co-ower per tick karta hu to veh rent to divided ka deta he please resolve my problem.
D P kapoor
9810600330


Anand Prakash Garg
This Query has 9 replies

This Query has 9 replies

I am NRI from +10 years.
In FY 2024-25, I will be out of India for 183 days and balance days will stay in India. Will I be considered as NRI
(1st April to 1Sept overees)


shinu
This Query has 1 replies

This Query has 1 replies

18 June 2024 at 15:31

MEDICAL ALLOWANCE BY EMPLOYER

Sir,
Employer pays to employee Rs.28900 (after deducting 500 from their salary),how to treat the same in books of accounts and whether deduction can be claimed by employer or deduction can be claimed by employee


sachin goel
This Query has 1 replies

This Query has 1 replies

HOW TO FILE 2ND TIME REVISED CORRECTION TDS AND ITS PROCEDURE TO DOWNLOAD CONSOLE FILE , ACKNOWLEDGEMENT NUMBER, PREVIOUS RRR NUMBER???


Suresh S. Tejwani
This Query has 1 replies

This Query has 1 replies

MR. X HAS NOT FILED FORM 10BD WITHIN TIME. NOW HE WANTS TO FILE FORM 10BD WITH PENALTY. ON ONLINE PORTAL OPTION TO PAY PENALTY FOR LATE FILLING OF FORM 10BD IS NOT SHOWN. THEREFORE, HOW WE CAN PAY PENALTY FOR LATE FILLING OF FORM 10BD ON ONLINE PORTAL AND UNDER WHICH HEAD?






CCI Pro



Answer Query