Sujit Jagtap
This Query has 1 replies

This Query has 1 replies

Hello Sir,

I am two flats, both are rented out. For both properties total home loan interest paid to near to 9 Lakh. Can i claim tax benefit on entire 9 Lakh. Which ITR form i need fill.


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

sir,
If a business person accounting records maintained used for tally accounting software some months closing cash balance negative showing.
Query:
Cash balance negative amount undisclosed income treated in it act.


RAJEEV KUMAR MEHTA
This Query has 4 replies

This Query has 4 replies

10 December 2023 at 10:11

NRE Account in ITR

Dear Sir,

Is NRE account required to be reflected in Income Tax Return in India? This is in view of the fact that Assessee is filing the return in the country of residence abroad and also in India for income arising in India.

Kindly Advise!

Thanks & Regards


Abhishek Kurkuri
This Query has 1 replies

This Query has 1 replies

Error Message : Refund request can be submitted for OLTAS challan (s) where available amount in challan is equal to or greater than ₹1. '' This error has been showing when Add challan and click on view challan details.

Pl help


R.SRINIVASAN
This Query has 1 replies

This Query has 1 replies

12 December 2023 at 14:33

Section 234E levy

Notice to pay 234E (delay for filing TDS return) for FYs 2012-13 & 2013-14 received. I believe this is not payable for the periods before 01.06.2015. There are many decisions favouring this. Though I have not filed any appeal, can I deny payment quoting these decisions?


binu sukumaran
This Query has 2 replies

This Query has 2 replies

08 December 2023 at 18:12

Taxable turn over in 44Ad

Sir.
One of my friend has local and export service. While calculation taxable turn over ,export of service is exempted or add to total turnover in the case of Income taxable payments uder 44AD.
Please advise.


ajay r parikh
This Query has 1 replies

This Query has 1 replies

08 December 2023 at 10:45

Property Capital Gain

Date of purchase of unger construction property 1 is Aug 22. If I sell Property 1 in Sep 24 (i.e. more than 24 months) will this be considered under long-term capital gain & can I reinvest this capital gain in under construction property 2 (date of purchase Nov 23, possession date: Dec 27)?

Construction project investment: Capital gain can also be invested in a construction project. However, the construction must be completed within three years from the date of the sale to avail the exemption. If not completed within this period, the exemption will be revoked, will this clause be applicable as the possession of the 2nd property is beyond 3 years of date of sell of property 1?

Please Reply me Sir


Mahenthiran
This Query has 2 replies

This Query has 2 replies

I have received a notice U/s 154 from TRACES, demanding a sum against "Additional late payment against the processing of latest correction". Actually this is a case of short payment, and I have paid the short amount with interest and filled the correction statement with adding new challan for required correction. My question is under which section of income tax, they levy such type of payment.


MATTA CHANDRA SEKHAR
This Query has 1 replies

This Query has 1 replies

07 December 2023 at 12:15

TDS ON TRANSPORTERS CHARGES

Sir,

Is TDS is applicable on transportation charges? if so what is the rate? What are circumstance TDS is not applicable for transporter. Please give reply soon.


Chandra Kala
This Query has 1 replies

This Query has 1 replies

07 December 2023 at 11:48

Bank refund issue

One of our client has expired so we have filed the return with the name of legalheir. We have refund amount for that client. Now my doubt is who's bank details has to be given?. How to claim that refund amount.






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