Sir, I ad formed a partnership firm and started to construct residential flats for business purposes. Construction has already started and advances has also been received from clients. Now I have to filr ITR for AY 2019-20. Please let me know the following:
a) Which ITR should I use ?
b) Where to show amount invested in construction and advances received from the clients ?
c) As there is no income during the year, where to show the same ?

Hi, me & my friend buy a agri land 5 years ago and land registered on my friend name at that time due to am not in station. recently we sold the same land received the amount but the sale deed executed on my friend name only. Now my problem is should i can claim the return agri land as a capital gain for MY IT Return. Me and my friend having a internal agreement (MOU) saying that both are having right on that land.
Please suggest.

Dear sir
I would to know how much depricitation should be claimed for assessment year 2019-20. For Ct scan machine.

Dr. ANKUSH DHANADIA
DIAGNOSTIC CENTRE OWNER

Total Amount of Tax Deposited validation failed (Sum of Tax + Interest + Surcharge + Others + Fee should be equal to Total Challan Amount) , after filing the correction return of TDS , this is the reason for the non processing of correction return . Please guide me how can this query be resolved.

I received notice under section 143(1)(a).Is it mandatory to respond to the said notice.What is the solution if i want to respond to the notice.

What is maximum limit for Commission receipts (LIC/Post Office), for which income cannot be declared u/s.44AD ?

Whether income from LIC commission may be declared u/s. 44ADA in ITR 4 ?

dear sir, i have filed my incometax return[audit case].one party has done tds in 2018-2019 but due to late i show this income[commision] in 2019-2020.also gst bill issued in 2019-2020and party is not ready to revise this tds return
please advice

Sir, I am a retired employee of United India Insurance Co. Ltd.and have been getting my pension/salary. I had filed my ITR for AY 2019-20 with a refund claim of 40,000/-. . I had filed my ITR for AY 2011-12 and 2012-13 manually with neither refund claim nor tax paid (Only TDS). But , my employer has not filed TDS return and hence, the TDS for AY 2011-12 and 2012-13 is not showing in 26AS .Now the CPC has sent me a notice intimating to adjust the previous demand with the refund claim of AY 2019-20. Sir, please let me know how should I proceed now.

Hello,

I have purchased an apartment recently and am needed to deduct TDS for the purchase. I have the following queries regarding the form 26QB

1. I have paid earnest money by two cheques disbursed from my account on 16 Aug and 22 Aug. I have not deducted TDS then. Can i deduct TDS on the entire agreement value now in one go or do i need to deduct TDS separately for each of the cheques?
2. As the remaining amount will be disbursed by Bank through Home Loan, I am required to deduct the TDS. The actual amount disbursed by bank will be lower than the remaining amount (agreement value - earnest money), as i will also deduct TDS. So in Form 26QB, which value should I put, Agreement- Earnest money or Agreement-Earnest Money -TDS?
3. As my wife is co applicant in home loan, how do I factor her in in the TDS payment.

Regards