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Vaneet Monga
This Query has 1 replies

This Query has 1 replies

29 November 2023 at 13:34

Capital gain from MF and Stock In ITR

Sir

if a person have capital gain from Mutual fund Rs.2060/- and stock Rs. 4060/-so while filling ITR-2 short term capital gain seclude 111 A. he show total Sales from Mutual fund + total sales from Stock and put the value of column full value of Consideration and same as total purchase of MF+ total purchase of STock and put the value of Colum Cost of acquisition without indexation then Capital gain/loss reflect
or need to disclose separately separately
please sugget


Suresh S. Tejwani
This Query has 1 replies

This Query has 1 replies

IF PARTNER HAS INTEREST INCOME FROM PARTNERSHIP FIRM THEN INTEREST EXPENSE OF CC OR OD CAN BE ALLWABLE TO DEDUCT FROM SUCH INTEREST INCOME ?
OR WHETHER SUCH INCOME WOULD BE DIRECTLY ADDED AS BUSINESS INCOME?


Prabhu K
This Query has 2 replies

This Query has 2 replies

29 November 2023 at 12:30

Applicability of

Dear Experts,
Greetings!
Can any one guide me the applicability of TDS on Year end party donation Rs.9,000/-and event participation fees Rs.25,000/- given by company to Association.
Thank you.


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

Sir,
It assessess cash loans from different persons each person rs:19000/- total amount rs:15 lacs for daughter visa purpose.
Question:
1.huge amount from different persons sec 68 ,69 applicable
2.cash loans interest payments compulsory.


Harish Chandra Pathak
This Query has 1 replies

This Query has 1 replies

28 November 2023 at 18:19

Re-download paid TDS Challan/ Form 26QB

how can re-downloaded paid form 26QB Form from and paid TDS on sale of property receipt from Income Tax Site


Kunjan
This Query has 1 replies

This Query has 1 replies

assesseee got allotment letter/mou dated 2009 from builder
got flat possesion from builder and registered in 2015
after possession , sold flat to new buyer in 2016
question --> while calculating cap. gain for 2016, period of holding will be from 2009 or 2015?
my view --> from 2009 as mou /allotment letter can be said to be purchased (albeit it was just a right in capital asset back in 2009)


Chahat Khanna
This Query has 1 replies

This Query has 1 replies

28 November 2023 at 13:28

26QC AND 194IB

Resolved and deleted.


VIPIN GUPTA
This Query has 1 replies

This Query has 1 replies

28 November 2023 at 12:25

Shares of Unlisted Company

Dear sir,
One of our client was a Director in a Pvt Ltd company and had applied shares at the time of allotment @ 10 and Latter on there was a right issue which was also subscribed by them @ Rs65/- now they have sold shares of the Pvt Ltd Company @ 160/-. Is there any implaction that we have to go for valuation or go for Rule 10UAA. Kindly guide and will indexation will be available as allotment was in Fy 2013-14


sona1
This Query has 2 replies

This Query has 2 replies

28 November 2023 at 12:13

Revised retrun for Transporter

Note that we have already submitted our 26Q2,2023 Return timely and here shown one Transporter whose one bill taxable Value Rs. 32,500.00 but not deducted any TDS (i.e. 0%) because Transporter given us Declaration for Not Deducted TDS Purpose.

After Return submitted Department issued us short Deduction Notice Rs. 7150.00(including Interest) because Transporter Not Linked his PAN with Aaddher.

Note that We already paid this above demand amount and Online Added our Challan Details in statement on Trace website and create conso file.

Now our Question is how to show this paid demand amount in revised TDS return (CONSO FILE) .


Sanjay Budhiraja
This Query has 1 replies

This Query has 1 replies

28 November 2023 at 09:16

Gifting in NRE ACCOUNT

Hello All
I want to know if I give some amount in shape of gift to my brother who is a NRI.. SHALL THAT AMOUNT WILL BE TAXABLE IN THE COUNTRY AUSTRALIA in his income tax return..
Pl do reply.
Regards






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