Gopalakrishnan V
This Query has 1 replies

This Query has 1 replies

24 May 2024 at 17:09

Compensation in kind

A Private Limited Company owns a piece of land measuring 10 acres and engages a person to do the necessary infrastructure facilities, to form a layout. The Company deicides to give two sites so developed as fee for the activities done, instead of paying cash. Is this allowed in Income Tax Act. Kindly clarify


RAGHUPATHI REDDY APPIDI
This Query has 2 replies

This Query has 2 replies

24 May 2024 at 15:57

TDS -error in RPU-5.1 vertion

T_FV_6351 Applicable and Mandatory For Financial Year 202324 onwards 'Other special allowances under section 10(14)'.

i got this error for the F,Y-2023-24-Q4. any sollution for this error?


JAMES VERGHESE
This Query has 1 replies

This Query has 1 replies

A company has only one employee, the annual salary of particular employee is below taxable limit. Here, How will issue Form 16 from traces without TDS Challans ??

Kindly Guide me


Binu
This Query has 2 replies

This Query has 2 replies

Can anybody advice solution for error code TV_6351 - 24 Q correction statement creation error


Rohit
This Query has 2 replies

This Query has 2 replies

23 May 2024 at 18:25

TDS RPU error

T_FV_6351 Applicable and Mandatory For Financial Year 202324 onwards 'Other special allowances under section 10(14)'.

Getting Error White Filed TDS 24Q Revised Return

Please help how to resolve the error


Suresh S. Tejwani online
This Query has 2 replies

This Query has 2 replies

23 May 2024 at 17:53

REGARDING INCOME EARNED BY NRI

If any income earned by non resident by way salary and Company directly deposits salary in indian account of such nri then such income would be taxable as income arises in india?
Or it would be treated as foreign remmitance and would become exempt in india?


Himani Sharma
This Query has 3 replies

This Query has 3 replies

I had purchased a property in the name of my father who is senior citizen aged 70 years for Rs15,00,000 and the Stamp duty value(SDV) of that property is 37,50,000, Do we liable to pay tax on difference amount (SDV- Sale consideration) I,e 22,50,000.
Please note property purchased from cousin by mutual understanding for less value


Mahesh S M
This Query has 1 replies

This Query has 1 replies

23 May 2024 at 13:42

TDS overbooked

Suppose I have paid a challan under section 194Q for ₹15,000. Later, due to a purchase return, I reduced this amount by ₹5,000. Can I use this ₹5,000 to pay another person under a different section?


Chandra Kala
This Query has 1 replies

This Query has 1 replies

DONATIONS RECEIVED FROM KIND CAN BE REPORTED IN FORM 10BD (IF NOT REQUIRED 80G CERTFICATE)


Jyoti
This Query has 1 replies

This Query has 1 replies

If there is demand for short deduction of tds of in-operative pan deductee (TDS on Contractor - 94C) , for which we had made payment with interest for the demand before circular 6/2024 issued. How to adjust this payment of tds against demand for short deduction?






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