I am a Chartered Accountant and retired from Service in FY 2020-21.
In FY 2021-22 I have received Consultation Fee for which TD has been deducted u/s 194JB.
Can I file my return in ITR1 or ITR2 or I have to file in ITR3?
A prompt response will help me file my return in time.
Regards,
Padam Shree Gupta
9903479357

Dear Sir,

Kindly inform that if subsidiary company is paying rent to parent company (after all all results are consolidated) then is there any liability of TDS on rent paid excess to threshold limit. ?

Please inform

Respected all members,

Please guide me on the following question

Is there any exemption against LTCG , if anyone sales one commercial property and one residential property and purchase one residential property from the proceeds of both the properties ?

Thanks in Advance

I have a commercial property ( office) in Ahmedabad city area and have received rent Rs.240000/- p.a.

Can I avail the deduction u/s24a @30% on NAR?

I have some opinion from my collegues that deduction u/s 24a available on only house rent income not Commercial or Industrial property is it right?

Pramod Shahu
8758872406

My Parents had booked a property in NOIDA in FY2010-11 by paying 90% of property value. The construction of the property was delayed. During the period my parents expired and the property was passed on to me.
The possession of the property was taken in FY2018-19 after balance payment was made by me. The property was registered in my name in May 2019. I have sold the property in Sept 21.
Please advise what should be the date of purchase/acquisition to be considered for calculating the indexation/LTCG benefit
Thanks in advance

Hello, A person has bought plot in 2005 and second plot in 2012. First plot of 2005 was sold in March 2022. Construction started on second plot in January 2022. Whether The sale proceeds can be used in construction of second plot to avoid capital gain. And how to be shown in ITR of Ay22-23. The valued opinion is sought from Learned experts. thanks in advance.

Is it mandatory to fill AL schedule if the total income is above 50 lakh including arrears but below 50 lakh if arrears considered if arrears are filled in 10E for 89(1) benefit.
Is it necessary to include assets which are already recorded in AIS/TIS.

Greetings !

I have invested Rs. 2,00,000 in US stocks in last FY.

My broker statement was given based on calendar year. So, only a part of my investment details were given. From April to Dec 2021, I had bought shares worth Rs. 40,000 only. And those details were only there in the statement.

But here in the AIS statement, foreign remittance of my total invested amount was there.

I had bought shares of remaining Rs. 1,60,000 during Jan - Mar 2022.

Should I fill data as per calendar year ?

I was only holding those shares. No gains/losses as I didn't sell. Is it mandatory to show details in schedule FA. If so, which form (A1/A2/A3) should be used ?

Kindly clarify my doubts.

Thanks in advance.

Dear Team,

Can you please let me know the procedure for revising or cancelling the Form 10DA issued.

Thanks,
Kudire SaiKrishna

Sir,
It assessess(son) immovable property (vacant site)Gift from father value rs:1 crore +stamp duty value rs:3 lacs total rs:1,03,00,000/-in f.y.21-22.if stamp duty charges paid by son.
Question:
1.Assessess immovable property value rs:1 crore or including stamp duty correct value show in it returns.
2.assessee gift immovable property value show debited to capital account or assessee block(balance sheet) show in books and it returns.