Shambhavi Sabarish
This Query has 3 replies

This Query has 3 replies

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?


Komal
This Query has 1 replies

This Query has 1 replies

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?


Viral
This Query has 1 replies

This Query has 1 replies

12 December 2023 at 14:34

TDS DEDUCTION US 194J

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


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

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.


Surya Sharma
This Query has 1 replies

This Query has 1 replies

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.


Getarex Hey
This Query has 3 replies

This Query has 3 replies

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


Ravi Konda
This Query has 2 replies

This Query has 2 replies

01 December 2023 at 13:24

TDS on Employee Reimbursement

Dear all,

Our company gives advance to the employee to meet expenses incurred at the branch.
Nature of the transaction includes fix payment to labour contractor,rent ,electricity ,water,food ,stationery purchase,internet service ,mobile expenses etc..

Post payment employee prepares a voucher and sends the same to HO for accounting against advance payment.

Some of the expenses attract TDS as well.

Now my question is, Do we as a company need to deduct TDS on such reimbursement?

Regards,
Ravi Konda


Anuj Mittal
This Query has 1 replies

This Query has 1 replies

Trust filled an application in Form 10A under section 12A and 80G. the provisional registration in form 10(AC) is issued by the ITD. Then the trust file form 10AB under 12A and 80G and the form is rejected with provisional registration approved in 10(AC). So, i want to know how to proceed further without approaching ITAT.

Thanks


Komal
This Query has 1 replies

This Query has 1 replies

30 November 2023 at 21:36

SURRENDER OF PAN NUMBER

How to Surrender the PAN number if it is applied anonymously by someone without being in our knowledge?


Paras rana
This Query has 1 replies

This Query has 1 replies

30 November 2023 at 19:25

How do I claim TDS?

Dear sir, My client only sell on Amazon and his receipts under section 194o is more than his sales provided to him by amazon. Eg. - his turnover as per amazon sales report is 12 lakh where as his income on which TDS has been deducted is 24 lakh.






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