mahan
This Query has 1 replies

This Query has 1 replies

02 September 2022 at 20:29

Legal heir's access to deceased person's IT

1. whether full access to details of past ITRs , 26AS,etc of the deceased person in IT portal is available to the legal heirs of the deceased person
2. what is the share of each legal heir in tax liability of deceased, even though other legal heirs dont opt to register with IT as legal heir of deceased.


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

02 September 2022 at 17:17

It transaction accepted

Sir,
Brother gives some money amount from sister for the purpose of rights withdraw in father's immovable property.
Question:
Above transaction accepted and show procedure in books and capital gains applicable in it act.


Satish Mehra
This Query has 3 replies

This Query has 3 replies

02 September 2022 at 16:53

TDS claim previous

My ITR for AY 21-22 was filled within due dates. TDS (revised return) was deducted (for Ay 21-22) by a party after 31-3-22 (last date to revise Income Tax return for AY 21-22). How can I claim that TDS which is visible in 26AS now. Thanks in advance


Debashish Sen Gupta
This Query has 7 replies

This Query has 7 replies

02 September 2022 at 13:04

IT demand for AY 2009 10

Hi please guide my ITR 2 which was manually filed for AY2009 10 was having a clerical error where loss from house property amount did not reduced my taxable income instead it was shown as loss carried forward for future year, which was contrary to my form 16. Intention was to claim the loss in that year itself. CPC in Nov 2014 communicated that there is an outstanding demand dated 2010 where there is a tax and interest due. I sent two letters to AO and also uploaded my grievance in the IT website saying demand was not acceptable in full. I was not in India thus couldn’t visit the concerned AO. Now this year IT department has adjusted huge amount from my AY 2022-23 refund. Please suggest options available with me. Regards


Nagaraj
This Query has 1 replies

This Query has 1 replies

02 September 2022 at 12:04

Section 40(ba)

Dear Experts,

in the case of an association of persons or body of individuals [other than a company or a co-operative society or a society registered under the Societies Registration Act, 1860 (21 of 1860), or under any law corresponding to that Act in force in any part of India], any payment of interest, salary, bonus, commission or remuneration, by whatever name called, made by such association or body to a member of such association or body.

My question is
1. Society registered under society registration act, 1960 in Karnataka will exclude from section 40(ba) same like Societies Registration Act, 1860?

2. In AOP if member worked as an employee how to take salary or remuneration?



Ashish Kumar Pandey
This Query has 4 replies

This Query has 4 replies

If an Indian company taken a property on rent in Kanpur India
Property owner (Individual) Lived in Dubai last 10Years and raised bill from his Dubai address and also given PAN to us which was registered in India
But payment taken in his NRO bank account which is also in India,

So, Kindly suggest for TDS deduct under which section
Form 15CA needed or not if TDS deduct under section-195 NRI

Read more at: https://www.caclubindia.com/experts/tds-on-rent-195-or-194ib-2877694.asp


Pankaj Panchal
This Query has 1 replies

This Query has 1 replies

TDS ON BROKERAGE PAID ON SHARES SALE AND SHARES PURCHASE SHOWN IN TRDING ACCOUNT AS BUSINESS TURNOVER AND AS BUSINESS IS UNDER AUDIT U/S 44AB IS DEDUCTABLE OR NOT?


Ashim kr Ray
This Query has 5 replies

This Query has 5 replies

01 September 2022 at 12:21

Repay debt in bank account

Sir,

I help my friend by paying Rs 1lac in cash.
now he return me in my bank account.I am confuse what entry to be shown in tally in this type of situation as this is not my income.
Please guide


Amit
This Query has 1 replies

This Query has 1 replies

05 September 2022 at 17:00

Challan query 2022

Dear SANDEEP
Your CRN 22081600000264 dated 16/08/2022 is valid till 31/08/2022. To ensure CRN doesn't expire, please make remittance of tax within this date. If you are not aware about this transaction, please contact 1800 103 0025 or +91-80-46122000 immediately.
e-Filing, Income Tax Department

Dear SANDEEP
Transaction of Rs. 1000 against CRN 22081600000264 is expired.
e-Filing, Income Tax Department

What is meant by these messages?
Return filed & e verify same day. Rs.1000 rs late fees are deposited


Renjith.R.s.
This Query has 1 replies

This Query has 1 replies

31 August 2022 at 21:46

Bank charges treatment for DSCR

For calculation of DSCR to arrive operating profit, bank charges paid to be added along with interest charges?






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