Krishna Digimart
This Query has 2 replies

This Query has 2 replies

04 September 2023 at 13:20

TDS APPLICABLE ON SAC 998555

Is TDS applicable on SAC 998555 For Tour operating service ?


Gjh..
This Query has 1 replies

This Query has 1 replies

1..Will tds attracted on sale of rural agriculture land above 50 lakhs stamp
duty?

2.is there any need of transfer rural agriculture sale proceeds in capital gain account scheme ?


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

03 September 2023 at 18:30

Society registered aop hospital

Sir,
Society 5 members registered hospital in aop gross receipts rs:60 lacs yearly.
Question:
Taxation and accounting and 6f(1) or 6f(2) provision applicable.


Mohanbhai Gohel
This Query has 1 replies

This Query has 1 replies

03 September 2023 at 18:24

PPF account for minor

can a father open a ppf account for his minor son? Can he deposit 150000 in both accounts ( in his own ppf account and his minor son account in a F Y. ? Can he claim rebate u/s 80 C for his own account? Is there any other tax liability for his minor son's ppf account ?


mohamed ali & co
This Query has 1 replies

This Query has 1 replies

02 September 2023 at 20:51

TDS REMITTANCE DONE WRONGLY

There are two firms having similar names. while remitting tds chalan, TAN number was wrongly mentioned in the chalan and the tds has been remitted from the other firm. Can it be rectified. I request the experts to show a way out of this wrong remittance of TDS chalan using a wrong TAN number


MAKARAND DAMLE
This Query has 1 replies

This Query has 1 replies

02 September 2023 at 17:17

Private Limited Company Companies Act

A Private limited company is registered under companies act
It has two directors and both are NRI

My question is whether this pvt ltd co will be domestic company for income tax purpose


sai reddy
This Query has 4 replies

This Query has 4 replies

02 September 2023 at 13:44

ITR-4: Two business

I have two business, and the business code for both business is "21008-Other services n.e.c.".

In ITR-4, do I need to add two business with same business code or do I need to specify it only once?

Thank you for your kind help.


Kailas D Dabholkar
This Query has 2 replies

This Query has 2 replies

01 September 2023 at 22:58

Income tax under new regime

Assessee has not filed earlier ITR he received notice u/s 133(6) and pointed out the Income has not offered in ITR .ITO has requested to correct the situation by filing ITR u/s 139(8a).
Assesee wants to opt for new tax regime can he opt fo the same


CA. Aditya Goel
This Query has 3 replies

This Query has 3 replies

01 September 2023 at 18:23

TDS u/s 194 IA - Practical Queries

Please help with my queries regarding TDS u/s 194IA on purchase of property

1. first payment made on 1st January (booking amount), then 2nd payment made on 8th january (allotment amount), builder buyer agreement is executed on 15th January, in this case what would be date of agreement/booking to be filled in form 26QB.

2. property purchased by husband and wife (both working), but whole payment is made by the husband to the builder, in this case, TDS compliance is on both or only husband?

3. in case both needs to pay the tds then in form 26QB, in total value of consideration, 1 CR to be filled for each or 2 CR each? i think it should be 1Cr (their share) but still double checking as total value of property is 2 CR.


Lalit Chaudhari
This Query has 1 replies

This Query has 1 replies

01 September 2023 at 16:59

Calming the TDS of AY 2021-22

I am salaried person and regularly filing my income tax return (ITR-I). In the assessment year 21-22 I received the amount of Rs 32,50,822/- as compensation for Compulsory Agri Land Acquisition by govt. However the acquisition body deducted the TDS of Rs 6,50,164/- at the rate of 20% view non submission of Pan Card and I did not get the credit on my pan for that relevant AY 2021-22, further I filed my income tax return for AY 2021-22 showing only salary return and did not claim the compensation and its TDS. Thereafter, after lot of persuasion through my lawyer, recently I got the credit of the TDS of Rs. 6,50,164/- in AY 2021-22 but in mean time my return was processed by CPC and issued intimation order u/sec 143(1). Further I tried to rectify the said return but I was not able to do the same and the IT web portal rejecting the rectification request showing the reason that an additional TDS claimed. Now my question is how to claim the said TDS of Rs. 6,50,164/- of assessment year 2021-22.






CCI Pro



Answer Query