hinduja
This Query has 1 replies

This Query has 1 replies

07 June 2021 at 09:47

197A exemption certificate

owner of building has obtained 197A tax deduction exemption certificate.it is valid from 4.5.2021-31.3.2022.
owner raises rent bill on 31.05.2021 for the month of may 2021.


1.Do we need to deduct tds from 1.5.2021-3.5.2021 ?
2.Can we deduct zero tds for whole month of may 2021?
3.At the time of of TDS return filing,can we split taxable value into two amounts ,one with tax dedn and other without tax dedn (after quoting certificate no.)for same PAN?


Vipul Acharya
This Query has 3 replies

This Query has 3 replies

04 June 2021 at 20:32

TDS Adjustment of Last Year

Dear Sir,

Excess TDS paid in FY -2020-21, can we adjust the same against liability of May-21


Gourav dewangan
This Query has 2 replies

This Query has 2 replies

04 June 2021 at 09:28

12A Renewal

I want to know that whether DSC is mandatory to verify the 12A renewal application.


sidambaraselvan
This Query has 4 replies

This Query has 4 replies

My relative is 81 years old and he is an advocate and notary public by profession and also drawing pension from the State Government.

Due to Covid 19 Pandemic situation and age, during the last financial year 2020 - 2021, my relative stopped practicing Advocate profession and Notary. His professional income during the last financial year 2020 - 2021 is zero. He is getting only pension and interest income for the fixed deposit and savings bank account from the bank.

His income does not exist the ceiling limit at any assessment year so far.

As he is having Pan Card, he is filing income tax return in form ITR 3 till last assessment year 2020 - 2021.

But for this assessment year 2021 - 2022, his only source of income is pension and interest from bank alone. Professional income is NIL.

In this situation, which form is to be filed by him either ITR 1 or ITR 3 for this assessment year 2021 - 2022.

kindly assist in this matter.


Pardeep
This Query has 5 replies

This Query has 5 replies

03 June 2021 at 18:21

Tds on printing and stationery items

We give a order to a party to print school dairy which cost is approx rs. 150000 should we deduct tds on that.


swetha
This Query has 2 replies

This Query has 2 replies

03 June 2021 at 12:51

54f exemption claim

A and B husband and wife had 2 seperate vacant lands in their individual names. They sold both the lands and bought new vacan site jointly on wch they want to construct home within 3 years. They already own one residential property. Can they claim 54 f exemption for this new property


Ghanshyam Lohar
This Query has 3 replies

This Query has 3 replies

03 June 2021 at 12:08

Commutation of Pension after death

If someone does not cummuted of his pension during his retirement and after some time he and her wife gets mishappening then Will his children's eligible to get commutation of pension ?


S SHAH
This Query has 1 replies

This Query has 1 replies

03 June 2021 at 09:35

Form 27D Download

Traces PDF conversion utility 1.1 for form 27D is too Slow. It takes 3 to 4 minutes to create one certificate. If we have 500 parties then it will take around 30 hours. Is there any alternative solution ?


Sapna Rajodia
This Query has 3 replies

This Query has 3 replies

02 June 2021 at 16:36

PTCR

Hi,
If a person is working in two companies, then how his professional tax will be calculated??


Pardeep
This Query has 4 replies

This Query has 4 replies

02 June 2021 at 16:12

Remuneration paid

Will tds applicable if we paid to teachers some amount which is received from cbse to pay them for exam duty?






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