Easy Office


Nipun
17 June 2023 at 09:41

Capital gains taxi to be paid?

I have a scenario like this.
I have stocks as RSU in US and they vested in 2010-2019.
these stocks I sold then partially in 2019 and I invested that amount in buying a house A.
I also had a house B in my name which I sold and re invested that amount in another plot to construct a house C.
I did a gift deed to my wife for house A in 2023.

In 2023 again I have bought a plot to construct a house. I have the above stocks left as RSU in US and I want to sell them and use that money to pay for the land and construct a house D.
So as per section 54 can i avoid capital gains tax on the amount after selling those shares as I am investing that in construction of a house D

I only have plot C in my name as I have gifted the house A to my wife and will own plot and house D now.

Kindly advise.


Adept Advisories
07 June 2023 at 15:43

TDS pan verification

Sir,
Have filed the TDS return for the quarter 4,and while updating the authorised person details an error is showing as PAN of Authorised Person is not available in the latest 24Q statement filed for the TAN.How to resolve the error.PAN of the authorised person is same in the statement filed


Girish Sangrulkar

I HAVE DONE TDS PAYMENT OF 94J ON 02-JUNE-23, BUT STATUS IS STILL SHOWING AS AWAITING BANK CONFIRMATION, THE AMOUNT IS ALREADY DEBITED FROM OUR BANK & IT IS NOT REVERSED YET. (07-JUNE-23).
COULD YOU PLEASE TELL ME HOW TO SOLVE IT.


Ninad kolankar
04 June 2023 at 11:21

Urgent__Tds return online correction

Dear Experts,

I have filled my company's tds return for q4. I have failed to update the lower deduction details of one party. And hence now i have received the notice for short deduction along with the interest. Need to how how to rectify this and also am I required to pay interest again??


skncc Erandwane
09 June 2023 at 16:49

P.T. retrun

Error while submitting return.|Account determination not possible for key MSTD - -C1 -R000 -A17D, posting area Invoicing: Account Assignments for Genera(2610)|--> Error during processing of source document INVBI 3000666431|--> Reporting invoicing function: Invoicing of Billing Documents|Unable to process invoicing unit for contract account 27285251762|*** Documents to be processed in invoicing unit:|***** Source document category-source document number INVBI -3000666431|*******|Errors occurred when posting invoicing documents for form bundle 92999596|


Pratap Pawale
26 May 2023 at 21:13

ITR2 return

while filling my ITR2 for AY23-24 offline utility for itr2, last schedule calculate tax button when click to show tax or refund system asks for enter password.Ihave entered the efilling password, pan no, panno and date of birth but not accepted.hence icould not generate johnson for upload.
Please help me and guide.
Thanks
Pawale


Sagar Sharma

MYSELF HAS MADE MONTHLY ONLINE PT PAYMENT OF SALARY AND HAD SELECTED WRONG FINANCIAL YEAR IN THE CHALLAN.
PAYMENT IS MADE IN MAHARASHTRA.

PLEASE GUIDE.


Prapti
02 May 2023 at 15:25

Taxpayer new regime

Can anyone please guide me on how much TDS will be deducted from Salary if annual salary is 6, 00,000 and opting for new regime.

If upto 7.5lacs don't need to pay tax. I had been told upto 3lacs it will be nil and 3-6lacs, I.e on 3,00,000, 5% is applicable. Is it true?

Will my TDS will be deducted nd later while filing I will get the Rebate? Or is it possible to Not deduct any TDS?


Ashu
13 April 2023 at 20:41

Gift by Karta's Father to HUF

Karta's Father likes to give monetary gift frequently to Karta and his Family. Karta is planning to have these gifts received in the newly formed HUF.
1. As the gifts will be frequent, is it fine to receive those in HUF's account without any Gift Deed through online transfer mode without any tax implications?
2. Can HUF receive in cash also? Is there any limit for gifts in cash for above scenario?
3. Will there be any income clubbing for Karta's Father if those gifts are invested by HUF?

Please guide.


ALOK GOEL

What is the limit of cash cash Withdrawal from NRE account during my status as NRI.

Read more at: https://www.caclubindia.com/experts/ask_query.asp

regards