ntc pioneer
This Query has 3 replies

This Query has 3 replies

13 February 2024 at 15:57

Ltc -for income tax calculation

Is ltc encashment taxable ?
Is ltc allowance taxable ?
Is ltc reimbursement taxable ?


SUNNY SK
This Query has 1 replies

This Query has 1 replies

13 February 2024 at 14:28

TDS - software purchase

Dear Sir,
Is TDS on purchase of software from resident is applicable ? If yes, section under which and rate please explain.


Akhila
This Query has 3 replies

This Query has 3 replies

Is it possible to carry forward the tds for A.Y 21-22 to A.Y 24-25 ? If it is possible whether we ne need to carry forward the income with tds while filing updated return for A.Y 21-22 in case original return is not filed


SUNNY SK
This Query has 3 replies

This Query has 3 replies

13 February 2024 at 10:10

EPF Interest

Dear Sir,

The accumulated interest on EPF account at the time of withdrawal of EPF amount after continuous 5 years service is Taxable or not ?? Please explain.


Sunil
This Query has 1 replies

This Query has 1 replies

12 February 2024 at 23:32

Joint development agreement clauses

what clause should be put in JDA / GPA so that capital gain is not realised on the date of signing JDA/GPA.

as per the new rule is only the payment of capital gain pushed to year of obtaining OC or even the transfer date is pushed. This causing a problem in treating asset as long term vs short term.


Surajit Bhattacharya
This Query has 1 replies

This Query has 1 replies

Say my father invested 'x' amount of rupees in REC 54 EC bond in 2020. He was the first holder and I was the second holder. There were no other joint holders. My father used to get 'y' amount of interest per year from the said bond and this amount used to get credited in his own bank account (my mother was joint holder in this bank account). My father died in December 2023. Now, if I perform transmission of the said bond in my own name and own bank account number, it is clear that from now onwards, the aforementioned 'y' amount of interest from the bond will start getting credited in my own bank account and I have to pay income tax on that. My question is: On maturity, when the invested principal amount will get credited to my own bank account, will I have to pay income tax on this principal amount?


YELLANKI RATHNAGIRI
This Query has 1 replies

This Query has 1 replies

12 February 2024 at 14:39

One person can cliam 100% deduction?

Wife and Husband jointly taken home loan, EMI is being paid by Husband
House was registred on both names and Both are taxable assessee in income tax

Can only wife claim 100% deduction (for Interest and Principal)???
Is it possible?????


Ramya Surendran
This Query has 1 replies

This Query has 1 replies

12 February 2024 at 13:20

Joint Venture TDS

What is the amount of TDS on Joint Venture Payment of Rs.50,00,000/-.No other share in Project


Jhmun Lal
This Query has 1 replies

This Query has 1 replies

Please Provide me a format for: Request for Condonation of Delay in filing Form 10BB for Assessment Year 2023-2024 as soon as possible.


uma sharma
This Query has 3 replies

This Query has 3 replies

10 February 2024 at 18:47

Ledger in response to 133(6)

If i have received notice u/s 133(6) of income tax act , deptt asked for ledger account in response for proceedings of my supplier u/s 147 . Can i submit ledger without voucher no or reference no ?






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