I Sold a joint property (Joint with my Mother) this year. However, the details of the same are missing from my AIS and my mother's AIS. Is there any reason for it to not appear in the AIS?
Assessee got TDRs on compulsory acqusition of site during 2019. He sold these TDRs for new constructions and not for redevelopment during 2022-23 and 2023-24 Financial years and realised Rs.1 Cr. whether Capital gains provisions applicable or not. If applicable what will be the cost of acqusition for those TDRs. Please support the decision with applicable case laws. Thanks
Hi
Suppose I m doing job in Mumbai and have opt for HRA from company.
Can I claim HRA From my mother who is living in non metro city.
By having a clause of 40% of salary.
And I ll transfer every month some amount in her account.
Question 1:can I claim HRA paying to Mom
Question 2: do i need rent agreement
Question 3:If I have any property in Mumbai still I can claim HRA.
PLZ REPLY
Respected Sir/Madam,
I have booked a flat in gurguram in 2013. Builder not given possession on time. Builder agree to paid principal and interest. Builder paid interest without TDS deduction. Is interest amount is taxable for me and tax will be paid ?
Dear Experts,
Can anyone please help me to rectify the following error. (Verification pan should be same as any of the key pan in Part A General 2) While i am submitting the ITR 5 error is coming. even after updating the partner details in Part A General 2.
Thank you
Vijith T K
I have income of Rs 2 lakhs from intraday trading in equity for the financial year 2023-24. Where I am supposed to show this income in ITR 3 form?
Where am I supposed to show my post office savings account in itr for the financial year 2023-24?
if food allowances other than fees reciept given to an domestic ipl player is appicable to gst implication,and if it is applicable then what should be hsn code and tax rate for that treatment
Sir/Madam
Please clarify
For AY 2024-25 if ITR 3 with Professional Income Salary and Other sources Income is Filed under new regime can I revise ITR 3 and file it under OLD Regime.
Confusion while filling ITR2
- I have a joint commercial property in my and my mother's name say owner A and owner B with equal share.
- It has 2 floors given to tenants, say tenant A and tenant B.
- Ground Floor - Tenant A - Annual Rent - Rs. 5,00,000
- First Floor - Tenant B - Annual Rent - Rs. 4,50,000
- Annual Property Tax Paid - Rs. 50,000
- The tenants distribute the rent between Owner A and B and transfer to respective Accounts.
1. While filling in ITR2, I have to fill 2 House Property as Ground and First Floor?
2. Expense of Property Tax should be divided in 4 Parts ? - Owner - Tenant - 12,500
3. The ITR 2 individually be like:
House Property 1 - Let Out - Owner A - Tenant A
Annual Rent - 2,50,000
Property Tax - 12,500
NAV - 2,37,500
House Property 2 - Let Out - Owner A - Tenant B
Annual Rent - 2,25,000
Property Tax - 12,500
NAV - 2,12,500
House Property 1 - Let Out - Owner B - Tenant A
Annual Rent - 2,50,000
Property Tax - 12,500
NAV - 2,37,500
House Property 2 - Let Out - Owner B - Tenant B
Annual Rent - 2,25,000
Property Tax - 12,500
NAV - 2,12,500
Please advice.
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Information Missing is AIS