Latika
This Query has 1 replies

This Query has 1 replies

Buyer A and B finalized a property from Seller C and D for amount 80,00,000.
Buyer A and B have paid 40,00,000 each to Sellers C and D and registered the property
Now Buyers A and B need to fill 4 forms of 26QB (A->C; A->D, B->C, B->D).
In this scenario, I have below query:
In each of the forms, what should be filled in Total Amount Paid/Credited* field. Will this be total amount divided by 4 i.e. 20,00,000 or entire property purchase amount of 80,00,000 in all four TDS forms?


Surinder
This Query has 1 replies

This Query has 1 replies

13 February 2022 at 15:25

143(1) CPC

Sir,

I have received sms intimation for ITR processed.but yet no received any mail from department how can I check detail of 143(1) from IT portal.


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

13 February 2022 at 14:36

It doubt for doctor

Sir,
A Doctor running a clinic purchase of medicines personal name and clinic name
used treatment purpose to inpatient and outpatient after fees collections from patients and accounting records maintained of cash basis.
Question:
1.A Doctor purchase of medicines individual name or clinic name is corrected procedure
2.purchases of medicines used treatment purpose tax liability applicable in gst act and purchase of medicines any limit provision applicable in it act.
3.Doctor depreciation claim on fixed assets and closing of medicines treatment in books for cash basis accounting records system.
4. A Doctor drug licence registered compulsory.


Vaneet Monga
This Query has 3 replies

This Query has 3 replies

13 February 2022 at 12:32

ITR CPC SMS


Dear Sir,

i have received below SMS what is the meaning of SMS I don't receive any mail I have check my inbox and SPAM. Can it's serious issue from IT department

ITR for AY 2021-22 and PAN: xxxxxxxx has been processed at CPC. Intimation u/s 143(1) has been sent to your registered email ID. If not received check Spam



Anouja Thyagarajan
This Query has 2 replies

This Query has 2 replies

13 February 2022 at 12:24

Form 35-Appeal

Respected Sir/Madam,
I have received intimation u/s 200A for late filing fee of Form 26QB i.e. TDS u/s 194 IA, can I file an appeal before CIT(A), because while filing Form 26QB my date of payment was Oct21 & date of agreement was in Jan22 it showed error that we cannot file for future date so i was not allowed to make payment & I filed it in Jan22.


Daya
This Query has 1 replies

This Query has 1 replies

12 February 2022 at 16:02

Treatment of Bonds and Debentures

what is difference between Bonds and Debentures,
and what is its Tax treatment.


Kunal Mittal
This Query has 3 replies

This Query has 3 replies

12 February 2022 at 13:22

IT payment for AY 21-22

I've paid my IT for AY 21-22 from my current account as mostly its business income from the same business. What will be its entry in books. Will it go in PL account as expense.


ARUN GUPTA
This Query has 2 replies

This Query has 2 replies

12 February 2022 at 11:57

Form 3CB CD AUDIT REPORT

Our auditor audited our proprietorship firms accounts and prepared balance sheet but he did not gave schedules of debtors and creditors in balance sheet. Is it compulsory to give schedules of sundry debtors and creditors? Pl clarify?


SUDHEEP M
This Query has 1 replies

This Query has 1 replies

Sir,

I have purchase used motor vehicle from an unregistered person for an amount of Rs. 30 Lakh through a sale agreement constituted in a stamp paper. what was the implications in respect of the above transaction?. Purchase of motor vehicle in excess of Rs. 10 lakh will attract TCS provision. Whether such provision attracts here?. Whether any GST impact on the said transaction as the seller was an unregistered person and RCM other than notified cases not prevailing as if now.


TARAK KUMAR ROY
This Query has 3 replies

This Query has 3 replies

12 February 2022 at 09:52

MEDICAL REIMBURSEMENT FOR THE A.Y. 2022-23

One of my clients gets Rs. 123000/- as medical reimbursement i.e. one month of his basic pay in a year. Is it fully taxable under the head of perquisites? If it is not taxable - under what head it is not taxable. Kindly let me know your opinion. He is a salaried employee. Regards, TARAK KUMAR ROY, 150/1/1, Banerjee Para Road, P.O. Naihati-743165, west Bengal






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