Sonnal Khandaray

Hi All

One of my clients has sold the property in FY 21-22 and received partial consideration on agreement to sell. Still Sale deed is pending and partial consideration is also not received. When is the capital gain calculations are to be made ? in FY 21-22 or FY 22-23.

Thanks in advance.


Suresh S. Tejwani
13 June 2022 at 17:22

REGARDING 148 NOTICE

Mr. A received notice u/s 148 as on dated 16.04.2021 . The income chargeable to tax that has escaped assessment amount is below 50 Lakhs. No new notice u/s 148A(b) issued by the department. Whether the Notice u/s 148 is still valid or not ??


AUDITORS EDAPPAL

PROCEDURE FOR ONLINE FILING OF REVISION OF ASSESSMENT ORDER U/S 264 OF INCOME TAX ACT,1961


satish kumar Chauhan
13 June 2022 at 17:06

MEDICAL EXPS INCURRED ON PARANETS

Dear sir/madam

I have icurred the medical exps of Rs. 2.00 Lac of my mother (dependent aged 75+) and no source of income of my father and i have no mdical insurance policy. Can i claim the any deduction for this in my ITR. If yes, how many and which section and which document is required for cliam.

Thanks


DIVYESH JAIN

Dear Sir,

My father was having an HUF running in his name for which he used to file regular income tax return.

Now he is no more, hence I want to operate his HUF.

I want to know what is the procedure for changing the name of Karta in income tax so that I can operate the HUF.

Please help me in this matter.

Regards,
Divyesh Jain


Rave Erd

Sir,
A printing press, Sale of Printing Bill Books,etc., with GST 18% and also Labour/Cooly Bill for customer without GST rate ? And their total turnover below 20 Lacs.

My doubt, the Press can make Invoice without GST rate of Labour Bill, during year the total turnover below Rs.20 lacs.
thanks in advance.


PARVATHY R
13 June 2022 at 16:15

TDS PAYMENT U/S 194C

Sir, please explain the due date for TDS payment u/s 194c will be calculated from the
1. Invoice date (the date which is printed on invoice) (OR)
2. the date on which the payment was made to the concern party after deducting TDS


sunil c

Sir/Ma'am,
If the Profit from F & O Business is less than 8% and Income other than F & O Business exceeds Basic Exemption Limit. Is Tax Audit Applicable in this case? Please Guide.


Vaishnavee Bhoyar

Partnership is dissolved 1 year before as the accounts are already closed by mutual agreement. But no dissolution deed is prepared at that time. I want to know what will be legal compliances and what will be legal fees applicable if I prepare dissolution deed now?


TARIQUE RIZVI
13 June 2022 at 15:14

ITR-5 EXCEL UTILITY NON AUDIT CASE

Respected Sir

For the Ay 22-23 I have to file ITR-5 but the excel utility is still unavailable on income tax portal due date being 31st July 2022 for Non Audit Case.

What to do in such a case ?

Please guide me and oblige.





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