Hello I have queries regarding taxation on property.

In this financial year, bought an Under-construction property - joint ownership - home loan EMI ongoing.

1. Is the principal component of EMI deductible under 80C for under-construction or is it deductible after completion certificate in 5 installments like the interest component.

2. After discussing with the developer, the overall property value has decreased . However , since sale agreement was registered and subsequent TDS were paid on demands, what will happen to the remaining stamp duty (on which value will the rest stamp duty be charged on) and TDS correction in 26QB?

I have filled I T Return for Asst. Year 2023-24 in time. Return is processed and Intimation U/S. 143 (1) has also received. I came to know before couple of days that I have forget total claim of TDS in Return which is shown in 26AS at the time of filling I T Return. Now How can I claim TDS deducted for the F.Y: 2022-23?

I HAVE HOSPITAL BUSINESS INCOME 92 LAKH
KITNA PROFIT SHOW KARNA PADEGA ITR ME

Condonation for delay in submission of form 10BB has been allowed by the Commissioner of Income Tax (Exemptions) for the A.Y.2023-2024. Please let me know how to inform to the CPC

Good Afternoon to all

Do we have to show "Transfers from other bank account" as income or can be ignore ? Why I am asking this, this transfer is declared as income in other account..

Kindly do the needful

Sir,
Assessess pan number allowed previous 20 years pan card old .
Question:
Assessess generation new instant pan in it portal allowed .

Whether 43B(h) Is Applicable on those Companies on Which Tax Audit is Not Applicable. i.e. Turnover Is Less Than Tax Audit limit.

My client was a NRI. he has NRE Interest Income (exempt u/s.10(4)). He has HP income Rs.48300 only in India. How declare in updated return and which section to be filled. He has also TDS Rs.14000/- for NRI remittences u/s.195.

Dear Members,
I have a query for the facts as under:
# Return was Originaly filed within due date for AY 2018-19.
# Notice u/s 148 was issued on 11.05.2022 to file Revised Return, Return was filed with same figures as per the Original Return.
# Later Replied Filed for Notice u/s 142(1).
# Assessment Order passed u/s 147 rws 144B by Assessment Unit under Faceless Scrutiny.
# There is No Addition of Income.
# Income and Tax in the Computation sheet and Original/Revised Return are same.
# Credit of TDS and Advance Tax is properly given

But in the Computation Sheet for Order there is Interest u/s 234B and 234C shown as payable for an amount of Rs. 1,15,901/-. Though actually all the Advance Tax was paid correctly... Still there is a demand of Interest...

Query:
What is the recourse for the Demand.. As there is no Addition of Income.. Should we file Appeal ??
Request Guidance of Seniors and anybody aware of such a matter.

Thanking You.
Viral Vora
9702556399

For AY 2019-20 charitable trust return is filed after due date & also report not filed in form 10B. Therefore cpc does not allow exemption u/s 11 & calculate tax on gross receipts. Now can we file condonation request for delay in filing income tax return with CIT (Exemptions)? & condonation for delay in filing form 10B with CBDT to get exemption u/s 11 ?. How to submit the condonation request with CBDT ??
Please reply.
Thanks in advance.