This Query has 3 replies
total consideration of property amount is Rs.11250000/-
stamp duty paid is 787500/-
kindly suggest what is to be filled in respective columns..
1. amount paid /credited currently {b} i have entered 11250000
2. total stamp duty of the property {c} i have entered 787500 Warning : Difference between Amount paid/credited currently (B) and Stamp Duty Value (C) is more than 20%.
3. amount on which TDS to be paid {d}
This Query has 2 replies
Annual Information Statement for the AY 25-26 is not downloading from the Income tax website. Has it not been updated so far or there any other problem? Kindly guide me how to download the AIS.
This Query has 1 replies
I HAVE REVISED FORM 10B AUDIT REPORT FOR THE AY 2023-24 AND FILED IN THE PORTAL WHICH WAS DULY ACKNOWLEDGED WHILE CONTACTING ASSESSING OFFICER ABOUT THE ISSUE HE IS ASKING TO FILE CONDONATION PETITION FOR FILING REVISED AUDIT REPORT IN FORM 10B FOR THE AY 2023-24.
WHAT IS THE PROCEDURE
This Query has 4 replies
There is Capital gain (both short and long term) on Equity ETF.
But in the broker statement it is classified as (STT not paid and booked profit is less than double of Index Profit)
Based on the above clause, what would be the taxation rate applicable for this Equity ETF?
Short term and long term bifurcated based on 1 year of holding and it is transacted before 23rd july
This Query has 10 replies
We have filed original ITR under old scheme. Now for some reason the same needs to be updated. Can we continue filing the same under old return or we must file updated return under new scheme?
This Query has 1 replies
I have huge ITC in my balance sheet and portal now i want to write off ITC of Rs. 1.5Cr from my book and from GST portal. Can i take income tax benefit .
This Query has 4 replies
A Durga Puja Committe to be treated as which person under Income Tax.
Also pls share the procedure to form the committee and what statutory compliance to be done?
This Query has 3 replies
I have taken company car on lease, and it is on company name. My company does gives me reimburse Rs 20000 /- for maintenances of car but I forget to submit the bills (Fuel, driver salary & insurances paid by me) by end of year, thus company made whole 9 months reimburse amount (rs 180000/-) in taxable income as unclaimed reimbursements. Is there a way I can claim it via ITR ? if yes, under what section ?
Thank in advance..
This Query has 2 replies
Dear Experts,
A jointly owned property(commercial) has been rented. There are total 3 owners. However the tenant has filed TDS return reflecting entire rent only against 1 owner and he is not ready to revise the same.
If I show income in respective owner , then there will be a mismatch with 26AS. Is there any option where I can show rent is shown on behalf of co-owners and file returns accordingly showing rent against respective owners in their individual returns?
Pls advice
Regards,
This Query has 1 replies
Anyone let me know the TDS rate on the Annual Membership Fees paid to Times Strategic Solutions Ltd for India Leadership Council.
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TDS on property 26QB Difference between Amount paid/credited currently(B) and Stamp Duty Value