Shares ( Equity and Preference share)
Securities ( Like Bonds and debentures and Government securities)
Mutual Funds
Zero coupon Bonds
Units etc

Dear Sir,
Our client is asking for non deduction of TDS on Rent of Rs. 42000 per month paying by us.
Can declaration be submit to us U/S 206ab and 206cca for non deduction of TDS?
In case of transporter there is a provision for taking declaration & U/s 194Q also has same provision.

Please suggest.
Thanks & Regards,
M.K.Mandal

Government securities/Bonds /DEbentures sold- Is profit on GOI Bill
NOn Gov. securities/Bonds/Debentures- Is profit from Bonds and Debentures.
whether it is correct way.

what is called GOI Bill and profit on sold is what type of income Like 6.67% GOI 15-12-2035

Bonds/Debentures sold before interest accrued , whether before maturity interest is taxable hands of seller for the period of before interest maturity period.

One of my client is purchasing property from and NRI of Dubai, how tax we have to deduct under section 195.

Dear Sir / Madam,
My query is as follows:

Mr A has built a villa having 6 Rooms, Kitchen, Swimming Pool, Gym on the outskirts of Mumbai. Mr A and Mrs A are the owners whereas the entire contribution to build the Villa came from Mr A. Mrs A is there for namesake.

Now Mrs A wants to rent it out to the people either through the services of MakemyTrip etc or through direct enquiries, by starting the proprietorship business.

How to treat this rental income for Mr A and Mrs A?

Kindly Guide.
Thanks & regards,
Suraj

Taxpayer had applicability of rule 86B in FY 2021-22. but he has paid output tax through credit ledger instead of cash ledger. in 2024 tax officer has informed that that tax has to be paid in cash with interest. now tax payer has paid tax + interest through DRC 03 in 2024.
Query1: Can taxpayer get refund of ITC which was used in payment of output tax liability in 2021-22.
Query2: If yes then what will be "relevant date" for refund claim application.

what is capital gain tax rate on sale of unlisted shares
LTCG and STCG

Assesse has filed the ITR on 16th June 2024 for the AY 2024-25. The ITR was e-verified through Aadhar OTP on the same day. The refund receivable was around 30K. The ITR has not been processed till date i.e. 06/01/2025.

Two-time grievances have been raised on the portal with CPC-ITR for the delay in processing of ITR but every time it has been closed stating that returns go through automatic validations and checks, so wait for processing.

When can we expect the processing of this ITR since the due date to process ITR was 31st December 2024?