Please mention Name of services under section
TDS Under Section 194J(a) & 194J(b) would be deducted

Mr. A , Property purchase on 1963 at the cost of Rs.14000/- after Mr.A. expired, his son gift this property to his wife by Gift Deed on 19.11.2022. His wife sold this property on 19.7.24 sale of Value of Rs.32 lac. How to Calculate capital gain tax and purchase value?

• The Company raised a total amount of ₹36.58 crores through the Rights Issue.

• As per the prospectus filed with SEBI, one of the objects of the issue was to meet general corporate purposes including working capital needs.

• Subsequently, a portion of the Rights Issue proceeds amounting to ₹28.88 crores has been utilised for working capital purposes including purchase of raw materials, payment to creditors, overhead expenses, Rights Issue expenses, etc.

• The said expenses are reflected in the books of account and are directly related to the regular operations of the business.

Hello All,

Currently while computing the Capital Gain tax for a client on sale of residential flat, wherein option of indexation is available. Now as per the updated provisions of Capital Gain tax, either with Indexation or without indexation option to choose is which is tax beneficial can be considered.

In particular case, while the Indexation option was selected and the gain is being invested in the Capital Gain account to be utilised for purchase of property, Winman software is considering the overall Capital gain in the Total Income. On checking with the winman team they pointed out that as per the Income tax forms Total Gain has to be reported to Total Income even though there is Nil Tax liability. But due to this reporting if the overall income crosses 50L, Surcharge gets activated.

Query : Is this understanding correct- to add the Capital gain to Total Income, anyone using different software than Winman could you please check some dummy scenario, I tried to check online but forms are still not made live in Income tax portal hence could not check their.

Regards

hiii!!! i have booked flat in under construction property in 2020, got posession in april 2024 and sold in march 2024.
what is period of holding ??
it is short or long term ??

Registration u/s 12AB has been sanctioned up to 2024-2025. what is the time limit for renewal of such registration

a private limited company increased its paid up share capital by allotment of Rs 63 Lakhs by rights issue. is there requirement to file form 61A by the company?

For the asst year 2026-27 I am not able to deposit tax u/s 194T as this section is not available in drop Down menu in TDS Login
Kindly help me

hiii!!!!
my rent of residential property for F.Y. 2024-25 is 1,05,000 p.m. for the entire year and rate of tds till sep 2024 is 5% and from oct 2024 is 2%. how should i deducte tds on rent??
1. till sep 5% and 2% from oct onwards , file 26qc two times
2. deduct 2% for the entire year and file only one 26qc

Is it mandatory to file NIL form 10BD?