Let us know if We received 1st time Professional Fees Bill Amt Rs. 25000/- we do not deducted TDS & for the Next Period we received 2nd time Bill Amt Rs. 25000/-
So my question is in which amount we deduct the TDS 25000 OR 50000/-?

Hi While filling Form 26QB I'm seeing few queries
Total Sales Consideration is 66 lacs
date of Agreement : 20th Oct 2023
Tentative date of Registry : 5th Dec 2023

My Wife has paid 5L to first Seller and 5 Lac to Second Seller on 20th Oct
I have paid 5L to first Seller and 5 Lac to Second Seller on 4th Nov
Balance 45,34 Lac will be paid through Joint Home Loan after adjusting TDS amount of 66000 on 5th December 2023
my queries are as below:
1. No of 26QB ? Do we need to file 8 TDS forms or 4 TDS Forms?
2. interest calculation of TDS in my wife's 26QB against payment made in Oct 2023, As i have not deducted TDS at that time (I was not aware)
3. interest calculation of TDS in my 26QB against payment made in Nov 2023, As i have not deducted TDS at that time (I was not aware)
4. What value should I fill in "Total Value of Consideration" --- 33 lac ?
5. What value should I fill in "Total Stamp duty Value of Property" ---- 16.5 lacs?
6. What Payment Type should I consider : Installment/ Lumpsum ?

Regards
AV

I had a private limited company which is changed to a LLP. I need to surrender the PAN card of private limited company. Can u please share the formats/ drafts of affidavit or Indemnity bond to be submitted to AO

Can nri claim relief under section 89 and if yes is there any liability to be follow in case of NRI. What are key points to keep in mind while filing such return

Just as u/s 32 where "use" could mean actual use or ready for intended use, even in the case u/s 31 for repairs of plant and machinery does the word "use" have the same two meanings as given for depreciation?

In such case if I have a plant and machinery ready for its intended use but I have not actually used it in the year even for a single day, then can I claim any repairs incurred on it as deduction in such previous year, by considering it as passive use?

Does passive use always mean "ready for intended use" or does it also mean irregular use?

Due to any exigencies if a society is unable to file Form 10BB and ITR of the current year so my query is what would the late fees applicable at the time of filing of Form 10BB & ITR?

LET ME KNOW IF WE RECEIVED 1ST TIME TECHNICAL SERVICE BILL AMT RS 25000 WE DO NOT DECDUCT TDS & 2ND TIME WE RECEIVED 25000 TDS BILL
PLEASE LET US KNOW WHICH AMOUNT WE SHOULD DEDUCT TDS 25000/50000?

Regards

Sir,
A person (son) buying a property name mother value rs:60 lacs
Rs:20 lacs amount pay to son
Rs:40 lacs amount pay to mother
Question:
Above mentioned property buying transaction benami act applicable.

Hello, can anyone help me understand which ITR form I should file? I am a freelancer providing services like content creation, digital marketing, web development, and blogging to clients.

Should I opt for 44ADA, 44AD, or ITR-3?
This question is crucial because there isn't specific information about this on the Income Tax website, and many of us might be filing the wrong ITR.

I am self employed, live in Delhi and I file zero ITR

In November 2020 GST Intelligence team raided my home in connection with GST evasion of around 50 Crore. Then I found that someone else had created a firm on my pan. I gave my statement and filed a police complaint next. They did not find my involvement or evidence against me so since then I never received anything from them.

In 2021 and 2022 I received summon 131(1A) from Income tax, I went to civic center, recorded my statement , submitted affidavit.

Since then I am getting notices from income tax frequently and I am submitting their replies on income tax website. In June 2023 they gave me demand notice (221) for 23 crore payment and Now they have attached my saving account.

What Can I do now ?

Thank you