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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?
This Query has 3 replies
Dear Sir,
Excess TDS paid in FY -2020-21, can we adjust the same against liability of May-21
This Query has 2 replies
I want to know that whether DSC is mandatory to verify the 12A renewal application.
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.
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We give a order to a party to print school dairy which cost is approx rs. 150000 should we deduct tds on that.
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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
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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 ?
This Query has 1 replies
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 ?
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Hi,
If a person is working in two companies, then how his professional tax will be calculated??
This Query has 4 replies
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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197A exemption certificate