An Individual Assessee sells a residential property in 2020 and purchases a new residential property in the same year, thereby, claiming benefit u/s 54.

Now he sells the new residential property after 2 years but within 3 years, and plans to invest the entire proceeds in new residential property.

What will be tax implications ans whether exemption can be again claimed u/s 54?

We have Deducted TDS (ADVANCE) from One Party Rs. 5000.00 (u/s 94J) , Dt. 23/11/22 now party submitted his bill Rs .50000.00 Dated 20/01/2023

Our Question is
1) Can We show this Transaction 26Q Return in Q3,2022
2) If Yes then which date mention in Date of Payment/Credit ,Date of Deduction in 26Q Return

Dear Sir,

FILING TDS RETURN AND GOT ERROR "T-FV-4301 Invalid value under field 'section/collection code'." WHAT TO DO?

THANKS

Sir, one of my client (GST Registered) has purchased a Road Roller for Rs. 15.00 lac and had given it to third party (Unregistered) on monthly rent basis. What Rate of GST is payable by me client ? Whether my client can avail ITC paid on purchase of above road roller ?

Can register for Micro finance company under Section 8 ? IF yes, is there any new amendments that i should know before I apply for registration.

sir,
A partnership firm professional income Gross receipts rs:12 lacs working two partners. gross receipts amount rs:12 lacs shared to two partners capital account (6 lacs +6lacs).but profit declared rs:50% 6 lacs profit transferred to partners capital account 3 lacs + 3 lacs.
Question:
Gross receipts vs profit difference amount show procedure partners capital accounts.

1.on which basis register folio number and certificate number given in share certificate?

2.And if the same shareholder, additional shares alloted. In this case, how register folio number and certificate number given in the share certificate?

3. on which basis, share certificate issuing date is fixed?
Please explain.

Thanks in advance.

MY FRIEND HAS FILED HIS RETURN ON 30/7/2022 FOR AY 2022-23 BY PAYING SELF ASSESSMENT TAX OF RS.92000/- BUT BY MISTAKE THE PAN HAS MENTIONED WRONGLY WHICH WAS NOT NOTICED WHILE FILING IT RETURN. THE ASSESSMENT HAS BEEN COMPLETED RECENTLY WITH A DEMAND OF RS.92000/- WHILE VERIFYING THE CHALLAN STATUS IT WAS NOTICED THAT THE SELF-ASSESSMENT TAX WAS CREDITED TO SOME OTHER PAN(THERE WAS A INTERCHANGE OF ONE ALPHABET IN THE PAN).
MY QUERY IS HOW TO SOLVE THIS PROBLEM ? KINDLY GUIDE ME THE PROCEEDURE. THANKS

Dear Experts
Gud morning all....
In our university we have planned to provide food for maintenance team on daily basis from canteen (which is located in our campus for rent basis). Now I received food bill from them which also exceeded the threshold limit (bill value Rs 60,000/-) their pan belongs to INDIVIDUAL there is no service tax or GST in the bill. now my question is do I need to deduct TDS @ 1% from the bill value or not? Experts advice mee.

Sir,

Please solve my below query my one relative is working in Public Sector O she invested Rs. 36000 in LIC, Rs. 120000 in PPF, New Pension Scheme Rs. 73400 her contribution and employer contribution is Rs. 103440/- for New Pension scheme .
Kindly guide me what are the above deduction amount show in deduction section i.e Section 80 C, 8CCC, 80CCD(1) & 80CCD(1B) applicable for her

Thanks & Regards
sanjay