What is limit for remuneration to partners under section 40(b) for F. Y. 2025-26?

Sir /Mam,

One company raised invoice on 30/12/2025 , we are paying 2nd December so which date considered in TDS payment December or january

Please clarify to file tds returns and tds payment invoice date of payment date which is important

Thanking you,

We got the possession of an apartment in April 2017 and was rented out . The rent was accounted in my wife’s name and accordingly ITR filed , But later on 4/9/23 the apartment was Registered in My wife and my name jointly .
Now we propose to sell the apartment and if so which date has to be taken for assessing capital gains . Further how to account for the proceeds …in wife name alone or both names as mentioned in the sale deed .

Kindly advice

Hello All,

I own an Apartment which was registered yointly with my wife in october 2001 The sale deed shows only 3.85 Iakh — UDS only (guideline value 4.70 lakh) and the Total payment was 18 Iakh. I am a senior citizen and like to sell off this apartment and settle down in a temple town. have already purchased a 1BHK apartment in Joint names by using my Fixed deposits (25 lakh) —
registered in May 2023, and payment completed in October 2024.

we have found a buyer going for a bank loan and mostly the sale would be completed for 55 lakh in Mar—April 2026.

also would like to get expert opinions for

1.How to calculate the Long Term capital Gains and cost of indexation.
2. reducing the capital gains tax
3. process of showing these details in ITR and claim TDS on the sale.

Thanks in advance,

Respected experts, after registering as legal heir in income tax site, after loging from PAN in which mode/whose ITR should all above thing be mentioned/filed?
1. As legal heir ITR.
2. Self ITR

Hi,

Curious, what's the difference between these two fields on 26QB

1. Total amount paid/Credited currently
2. Amount on which TDS to be deducted.

My guess is that the first one would be inclusive of GST, while the second one would be without GST?
Also, when paying instalments would the "Total Stamp Duty Value of the Property" be left empty?

We have taken public transport services (minimum 70 buses) from MSRTC. MSRTC has told us not to deduct TDS from payments. Is it exempt from TDS? Please share applicable Circular/Notification. Is this correct?

In case of transmission of electricity whether deduction on the basis of ROE can be claimed as no separate books are maintained for asset addition during the year.

I HAVE FILED LAST YEAR (AY 2024-25) RETURN UNDER OLD TAX REGIME , FOR THIS YEAR I AM FILING UPDATED RETURN UNDER OLD TAX REGIME BUT THE ERROR IS SHOWING BY SOFTWARE THAT " DEAR USER, ORGINAL RETURN WAS NOT FILED FOR THIS AY , SO YOU WILL NOT BE ABLE TO PROCEED TO FILE UPDATED RETURN U/S 139(8A) WITH OLD TAX REGIME" SO IN THIS REGARDS PLEASE PROVIDE ME GUIDANCE HOW TO PROCEED....

I have filed appeals before CIT (A) under Faceless Scheme. I am receiving notices from JCIT(A) with their individual name, designation and location instead of using NATIONAL FACELSS AUTHORITY. Are there any changes in the scheme. I am under the impression that the main purpose of faceless scheme is to avoid identity and direct interaction. Pl clarify.