Suresh S. Tejwani
This Query has 2 replies

This Query has 2 replies

20 March 2026 at 15:35

TDS U/S 194S VDA

IF TDS IS DEDUCTED U/S 194S CAN WE SHOW SUCH TURNOVER IN ITR UNDER PRESUMPTIVE INCOME? IF AN INDIVIDUAL IS REGULAR TRADER OF CRYPTOCURRENCY.


Urvi Shah
This Query has 2 replies

This Query has 2 replies

What is the Tax rate and surcharge rate for discretionary Trust for AY 25-26?


Venkateshwarlu Pulluri
This Query has 3 replies

This Query has 3 replies

one grand mother is willing to transfer an amount of 50 Lakhs to her as a gift with love and affection on her grand daughter to survive herself in future, since she is no support of father, only mother is caring now,

is income tax applies on said cash gift to donee, since doner sold out her house property, out of said source she willing to transfer said amount.

please guide me in this regard.


Rajendra Kumar Das
This Query has 1 replies

This Query has 1 replies

Can a govt PSU deduct TDS under Section 194J on payment of Rs. 2,00,000 to the Institute of Cost Accountants of India for a certificate course of its employees. Please confirm


binu sukumaran
This Query has 1 replies

This Query has 1 replies

18 March 2026 at 09:17

Advance tax payment after 15th Mar 15

Sir.
Due to medical treatment of owner, unable to pay advance tax Q4 with in the mar 26.
Let's me know if paid with in Mar 31, is there any benefit with in respect of interest.
Please advise.
Binu


Suresh S. Tejwani
This Query has 3 replies

This Query has 3 replies

In case of the buyer deducted TDS on the sale consideration and deposited the same .Subsequently, the transaction was cancelled, and the consideration amount was refunded to the buyer by the seller.
1.Whether the TDS deposited under Section 194-IA can be claimed as a refund in such circumstances.
2.Whether the refund should be claimed by the deductor (buyer) or the deductee (seller).
3.The appropriate procedure to claim such refund, including any rectification or correction in Form 26QB.


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

sir,
A partnership firm remenuration and interest paid to two partners.
Question:
tds provision applicable on remenuration and interest f.y.25-26 .


Suresh S. Tejwani
This Query has 2 replies

This Query has 2 replies

17 March 2026 at 13:11

REGARDING ITR OF TRUST

If we file ITR-5 instead of ITR-7 in FY 2023-24 and report an income of ₹12,000, a demand is raised. Is there any way to avoid paying this demand, considering that we had provisional 12A registration for that year?


Stephen Arul Raj
This Query has 2 replies

This Query has 2 replies

17 March 2026 at 12:39

Pending Income Tax Refund

Sir/Madam, we had certain expenses disallowed during FY 2017–18 and FY 2018–19. We subsequently filed an appeal and received a favorable order. However, the refund has not yet been received. Kindly guide us on the procedure to obtain the pending refund.


Venkatesan V
This Query has 4 replies

This Query has 4 replies

Hello All,

Have entered into an agreement with a buyer to sell my apartment jointly owned by me and my wife. The agreement done on 20th Feb is not registered but was mutually agreed to be completed in 30 days.

The only thing i am particular was to complete the sale deed registration before this Financial year 31st March 2026.

The buyer (he is actually known to me) says he actually wanted to complete the sale before 15th March as somebody says it is not auspicious to complete sale in month "Phalgun"?

Now there is some delay in his loan processing and some EC Index correction (minor detail in Encumbrance is typed wrong due to data conversion but sale deed is clear ) , which would mostly be done in a 1-2 days.

Buyer says he can make his part of payment this Month ,by issuing two cheques in the names both of us, and the loan part will given in a bankers cheque only to a single name at the time of Registration.

( received an answer earlier from an expert that there is no Capital Gains in this sale)

I would like to know what are the Tax implications , ITR filing issues (or any other issues )
a) if i received his payment part and Bank Loan part in March and Sale deed registered in March itself.
b) if i received his payment part in March and the Bank Loan part in April and Sale deed is registered in April.

Thanks






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