Hi
Whether TDS is applicable for advance given for construction of building? What will be rate?

Thanks in advance.

Hi, I have short term capital gain which is set off against carried forwrarded short terms capital loss from pervious years. At the same time I have long term capital gain less than Rs. 1 lac which is also set off against carried forwrarded short terms capital loss from pervious years. No deduction of Rs, 1,00,000 taken place in the ITR-2. May I know how to get the deduction in this scenario. I appreciate your kind support.

Whether 12A and 80g certificate are same? I have old registration certificate of trust ....is it also 80g certificate?
or 80g certificate is different from registration certificate?

FY 2021-22

X (below 60 Years ) having Fixed Deposit with bank?

What is the Exemption limit when bank will not deduct TDS ?

What is the definition of parents for a married woman for 80D (do parents come, do mother-in-law and father-in-law come?
शादी शुदा औरत के लिए पेरेंट का डेफिनेशन क्या है ( क्या पेरनेट में माँ & पिताजी आते है क्या सास और ससुर आते है.

DEAR SIR,

ONE OF MY CLIENT STARTED TEMPLE TRUST. HE IS THE MAIN SOURCE OF THE FUND TRUST ACTIVITIES. MEANS HE IS MAIN TRUSTEE. OTHER TRUSTEES ARE HIS RELATIVES OR FRIENDS. HE WANTS TO GIVE LOANS TO HIS TRUST MEMBERS THROUGH TRUST FUND. CAN IT BE POSSIBLE TO GIVE LOANS TO ITS MEMBERS. HE COLLECTS SIMPLE INTEREST FOR THE LOAN GIVEN. THE INTEREST WILL BE TRUST INCOME. SO I NEED YOUR GUIDENCE.

REGARDS

Kindly let me know the Applicability of income tax on unearned leave on private affairs for government employee at time of retirement

Dear Sir/Madam

One of my client posted TDS after we file our Income Tax Return.

At the time of filing Income tax return, We have claimed TDS credit as reflected in 26AS.

Revised return time is already expired.

Now, My query is how to take this credit when the client is not willing to revise their TDS returns.

On Partnership Deed we have been mentioned that the " The Net profits or losses after charging interest @ 12% p.a and remuneration to partners as per the clause no 9 the partnership deed shall be shares by the partners in ratio basis."

So My query is

1) Is it fine if we do not want to give interest or remuneration to partner?

2) can we give interest to partner below 12% e.g. 2%, 6%,5% etc.?

Hello everyone,

For assessment year 2019-2020, I had foreign income with tax status being resident. I hadn't filed Form 67 before income tax return. In Feb 2021, I received U/S 143(1) intimation where foreign tax relief claim was rejected. With help of CA, we filed Form 67 and rectification at ITO.
However, tax relief has still been rejected by tax department stating that I hadn't filed Form 67 before due date.
What can I do in this situation? Has anyone been to similar situation?