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AUDITORS EDAPPAL
This Query has 1 replies

This Query has 1 replies

04 October 2023 at 17:58

UDIN FOR TRUST

WHICH FORM TO BE SELECTED WHILE TAKING UDIN FOR TRUST REGISTERED UNDER 12AB.
WHILE TAKING UDIN FOR THE TRUST , WHEN WE SELECT FORM 10B SECTION 12A(1)(b),THEN THE RELEVANT ASSESMENT YEAR IS NOT AVAILABLE.PLEASE HELP US TO CLEAR THIS DOUBT.


Sanjeet
This Query has 1 replies

This Query has 1 replies

04 October 2023 at 13:16

Income tax ITR-2 Query

Dear Sir

A person have Capital gain from Mutual fund and Stock also. so while filling ITR-2 no option to show separately- 2 so can he add MF sale + stock sale and put in ITR-2 Seclude 111A Full value of Consideration and same for Purchase

Please advise


Vaneet Monga
This Query has 1 replies

This Query has 1 replies

04 October 2023 at 13:13

Agriculture income & Business income

Sir

Please advise a person have business income Rs.400000/- and Agriculture income Rs.373200/- Can he file ITR-4 under Section 44AD. earlier year he filed ITR-4 because only business income.

Thank you


Gaurang
This Query has 1 replies

This Query has 1 replies

Dear Experts,

We as an Society received interest income on FD with Nationalised Bank of Rs.1.9 Lacs and interest from S.B A/c of Rs.15000/-. Pl. guide us whether the said interest is deductable in computaion if Yes under which section and maximum amount deductable.
Thanks,
Gaurang


Mukund Seshadri
This Query has 2 replies

This Query has 2 replies

04 October 2023 at 10:26

Net Tax Payable (ITR3)

Dear Team, I recvd an outstanding demand from IT department yesterday. This is for ITR 3. While balance tax payable matches with what I have submitted, the net tax payable shows an amount higher by 18000. There is no indication of what this extra amount is for. I checked for previous arrears but no such indication. Why balance payable and net tax payable be so different . Interest under 234 is also included already. Kindly advise if in case you have any idea.


Krishna
This Query has 1 replies

This Query has 1 replies

04 October 2023 at 08:35

Application us 249(4)(b) of income tax

where assessee files an appeal before cit, he is required to pay the tax determined by AO if ROI has has not filed. However assessee can make an application to cit(a) thereafter 249(4)(b) will not apply. If anyone has this application format please share. Thanks.


Soumya Das
This Query has 1 replies

This Query has 1 replies

I have sold a residential property in April 2023. I have recently booked a flat in an under construction residential apartment project and signed the "Agreement for Sale" where the possession date is mentioned as December 2024. I have already used the funds from the capital gains to pay the builder while booking the flat.

I am assuming there might be some delay in handing over the flat but I am still hoping that I will get the possession by March 2025 so I can do the registration before April 2025 to claim the LTCG exemption under Section 54. 

I want to clarify if the LTCG exemption window is for 3 years after the property sale (i.e. till Apr 2026) since the new property is under construction or it will be 2 years (i.e. till Apr 2025) since I am not constructing the house myself, rather buying an under construction flat from the builder.


ketan
This Query has 1 replies

This Query has 1 replies

03 October 2023 at 15:49

PARTNERS REMUNARATION IN WHICH SECTION ?

IN ITR3 WHICH SECTION PARTNERS REMUNARATION MENTIONED ?


ketan
This Query has 1 replies

This Query has 1 replies

03 October 2023 at 11:53

ITR FOR PARTMNERS ?

WHICH ITR IS APPLICABLE FOR PARTNER'S RETURN FILLING ?


CA Parul Saxena
This Query has 1 replies

This Query has 1 replies

Co has purchased property from NRI...my question is whether to deposit TDS through challan 281 and section 195 and Form 27Q is to be filed? Am i right? or normal form 26qb is to be filed






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