Dear Sir,

One of my client is having a land in his village and he gives this land on contract basis to others and earns bulk amount as income in 3 years time for using his land.

The income is deposited in my clients relative's bank account who stays in village and then the relative transfers money to my clients account.

My query is whether this income is taxable to my client as he is the owner of the land.

Please help me in this matter.

Regards,
Divyesh Jain

Sir,
My client is engaged in providing and supplying of grill , railing etc. He submit ITR 4 for his business ,salary and other sources of income. He received cash INR 10,00,000 from a sources and invested in KVP in Post Office during FY 2021 -22 time to time. This investment is shows in AIS of the IT site.
How to manage this Income in ITR? Is I include this income with business income and pay tax on 8% profit or more or declare this income as other sources? If I show this income as other sources then the taxpayer will bear a huge tax amount Experts, Please show me the right way Thanks

Sir,

what is the depreciation rate of laboratory machiners such as ultra sound,biochemistry analyser,hematology analyzer,aqua electrolyte analyzer etc.

Sir,
I filed ITR 2 for AY 2022-23 under old regime for income under salaries,other sources & capital gains aa a esident Individual.
I wish to file the revised return now under NEW REGIME for same AY as i have realised that the same is more beneficial.Is it allowed?The original return is still not processed & last date of filing is still away.

Dear Sir,

One of my client has come with his Form 16 where he has claimed Rs. 1 lac extra HRA in Form 16. Now he wants to declare actual HRA amount and file Income tax return.

My query is can I declare his correct HRA amount as if I do that the amount will not match with Form 16. Will his return get accepted by Income tax.

Please help me in this matter.

Regards,
Divyesh Jain

I retired on 14th Jan 2019 at the age of 58 years from a multinational company in India. I withdrew my EPF Corpus on 3rd Nov 2021. Will the interest earned from EPFO beyond the period 15th Jan 2019 be taxable or it is tax free. My last contribution to EPF was in Jan 2019.

what is Password to open PDF for AIS ( Annual Information system) and TIS.( Taxpayer Information summary)

what is diluted EPS.

An Indian citizen who is been employed outside India and falls under category resident but not oridinarly resident had come to India during FY 2020-21 for a short visit but due to pandemic he couldn't leave India. During this time he worked from India (WFH) and received salary in foreign bank account and also pay taxes in foregin country for the same . Does the aforesaid income is taxed in India?

in which condition RCM on advocate not applicable in the case of service received by a Pvt. Ltd. company.