This Query has 4 replies
Hello All,
Whether the onus of TCS/TDS on sale/purchase of goods lies on the Seller or Buyer.
Need advice
This Query has 1 replies
PLZ HELP ME TO SUBMIT ADDRESS PROOF IN PAN CARD APPLICATION
APPLICATION ALLREADY SUMBITTED
This Query has 4 replies
Dear Sir,
An Assessee having HRA u/s. 10 (13A), and Intt on HBL u/s. 24. Can he claim both the deduction in ITR.
Thanks,
Abhishek.
This Query has 13 replies
Dear Experts,
My friends and I worked as a group, We received money in my personal account via paypal. We shared the money among us. What ITR should be filed for myself in this case? P.S: I haven't paid any advance taxes yet.
Also, please let me know under which section I can show my expenses (like salary, investments) or how do I calculate the taxable income
This Query has 2 replies
The legal heir has filled IT Return ONLINE of deceased father after registering as representative of assesse as legal heir. All bank accounts previously registered with IT of deceased father has been closed by Bank. The Bank account of legal heir is not being accepted for refund by IT dept online as the bank account of legal heir has no reference of PAN of deceased. How to get the refund and which bank account will be utilised.
This Query has 2 replies
I have purchased ELSS in mar 2017 and lock in was upto March 2020. In April 2022 i redeemed some of its unit...then short term capital gain or LOng term capital gain will be levied?
This Query has 6 replies
My client had been opting 44AD from 17-18 financial year for his income tax filing. Can he opt out from 44AD scheme for his 22-23 FY income tax filing? Does this five year rule of consecutive 44AD filing includes the first year of 44AD filing ie 17-18 FY? Or this five year consecutive 44AD filing range from 18-19 FY to 22-23 FY? Experts please advice.
This Query has 4 replies
10 lack receipt cash se hai aur 5 lacks banking se total profit 110k hai ab uska ration 7.33 araha hai ye 8 percentage ke neeche ja raha hai notice a sakta hai 10 lack ka 8% profit 80000 aur 5 lacks 30000
Total profit 110k but sir total ratio 7.33 araha hai please explain
This Query has 1 replies
Dear Experts,
In one of the case, Housing loan is repaid entirely. Can this be considered as repayment of housing loan eligible for deduction under Section 80C
Regards,
This Query has 11 replies
DEAR SIR,
ONE OF MY CLIENT SOLD AGRICULTURAL LAND IN PREVIOUS YEAR THE LAND WAS PURCHASED IN THUC YEAR OF 2000 WORTH OF RS. 6,00,000/- LAKH RUPEES NOW THE LAND SOLD WORTH OF RS. 50,00,000/- NOW MY QUERY IS SALE OF AGRICULTURAL LAND IS EXEMPT INCOME AS PER IT ACT. THE ASSESSEE IS HOUSEWIFE HIS HUSBAND IS FARMER BUT GOVT EMPLOYEE AND HE PURCHASED LAND IN HIS WIFE NAME AND ALSO THEY PURCHASED AGRICULTURAL LAND WORTH OF RS. 7,00,000/- REMAINING AMOUNT DEPOSITED IN SB ACCOUNT.
NOW HOW FILE IT RETURNS CAN WE FILE THE INCOME FROM SALE OF AGRI LAND TREATED AS EXEMPT INCOME BECAUSE THE ASSESSEE HAS NO OTHER INCOME.
THANK YOU
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
TCS/TDS on sale/ purchase