This scheme has only predefined replies but there is no chance for us to explain where we had shown that particular income in ITR. Eventhough we have shown the income in ITR still there is a mismatch. How to response to it?

For the Asst.year 2022 23 my Trust is having provisional registration u/s 12A but not able to regularise by filing 10AB. Due to ignorance the provisional certificate were treated as the final. what to do for claiming exemption from the Asst. Year 2022 23. Please advice. The trust was having 12a registration since 2012.

Sir/madam
suppose if a credit co operative society incurred a loss from business of Rs. 1 lac & have interest income on deposits of Rs. 2 lacs i.e. 1 lac from investment with credit society & 1 lac from interest on deposits with nationalised bank then 1 lac business loss can be set off against the FD interest earned from deposits with nationalised bank & remaining 1 lac interest can be claimed as deduction us 80P(2)(d) ??
please reply thanks in advance

WE WAS TAKEN PROVISIONAL REGISTRATION ON DATED 31-08-2021 IN BOTH CASES 12A AND 80G . BOTH PROVISIONAL CERTIFICATE ARE VALIDE FOR AY 22-23 TO AY 24-25. ON DATED 03-04-2024 MY PERIOD WAS EPIRED OF PROVISIONAL CERTIFICATE. MY QUERY IS THAT WHICH FORM IS APPLICABLE I.E FORM 10A AND FORM 10AB. IF FORM 10AB IS APPLICABLE. THEN WHICH SECTION CODE IS USED FOR 12A AND 80G FINAL REGISTRATION ALONG WITH REASON IN CASE OF PROVSIONAL REGISTRATION PERIOD EXPIRED.
01-Sub clause (ii) of clause (ac) of sub -section (1) of section 12A
02-Sub clause (iii) of clause (ac) of sub-section (1) of section 12A
03-Sub clause (iv) of clause (ac) of sub -section (1) of section 12A
04-Sub clause (v) of clause (ac) of sub-section (1) of section 12A
4A-Item (B) of sub-clause (vi) of clause (ac) of sub-section (1) of section 12A
05-Clause (ii), of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (iv) of clause (23C) of section 10)
06-Clause (ii), of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (v) of clause (23C) of section 10)
07-Clause (ii), of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (vi) of clause (23C) of section 10)
08-Clause (ii), of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (via) of clause (23C) of section 10)
09-Clause (iii) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (iv) of clause (23C) of section 10)
10-Clause (iii) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (v) of clause (23C) of section 10)
11-Clause (iii) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (vi) of clause (23C) of section 10)
12-Clause (iii) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (via) of clause (23C) of section 10)
12A-Sub-clause (B) of clause (iv) of first proviso to clause (23C) of section 10( for applicants covered under sub-clause (iv) of clause (23C) of section 10)
12B-Sub-clause (B) of clause (iv) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (v) of clause (23C) of section 10)
12C-Sub-clause (B) of clause (iv) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (vi) of clause (23C) of section 10)
12D-Sub-clause (B) of clause (iv) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (via) of clause (23C) of section 10)
13-Clause (ii) of first proviso to sub-section (5) of section 80G
14-Clause (iii) of first proviso to sub-section (5) of section 80G
14A-Sub-clause (B) of clause (iv) of first proviso to sub-section (5) of section 80G
GUIDE ME ON ABOVE MENTIONED ISSUE

Hello Team,
If agreement value is of 19364480 and there are 2 buyers(66% & 34% ratio) and 1 seller.
So what should be the values in below 3 fields in each form 26qb?

If i give below values in each form 26qb ,it is giving me error "Warning : Please enter proportionate share of Stamp Duty Value." Also the 1% TDS Amount is not coming automatically for me, so i do need to manually enter and move ahead?

Total Value of Consideration (Property Value) * 12815960
Amount paid/credited currently (B) * 12815960
Total stamp duty value of the property (C) * 12815960

Total Value of Consideration (Property Value) * 6548520
Amount paid/credited currently (B) * 6548520
Total stamp duty value of the property (C) * 6548520

Which is the correct values? Can anyone please guide?

Proprietor firm mein wife ko salary dikha sakte hain ?

Sir,
A Doctor maintained a private hospital and pharmacy Stores
Cash balance as on dt:30-03-24 rs:40 lacs as per hospital account books and physical verification cash rs:35 lacs
Cash balance as on dt:30-03-24 rs:30 lacs as per pharmacy Stores account books and physical verification cash rs:32 lacs
Question:
Assessess excess and shortage cash amount deposit in bank account as on dt:31-03-24 compulsory.

We have a Provisional Registration of form 10AC in Section 12 for A-Y 2024-25.
So will we be applicable to file form 10A before 31st March 2024 or after that.
When can we file it?

Will deemed be attracted in the following arrangement:

A pvt ltd company transfers money in partnership firm as its capital contrirbution in the capacity as a partner and the same amount is withdrawn by another partner who is a director and shareholder in the said pvt ltd company.
But shareholding is less than 5%

If not deemed dividend, does any other provisions/consequences apply in the said arrangement?

Hello I have queries regarding taxation on property.

In this financial year, bought an Under-construction property - joint ownership - home loan EMI ongoing.

1. Is the principal component of EMI deductible under 80C for under-construction or is it deductible after completion certificate in 5 installments like the interest component.

2. After discussing with the developer, the overall property value has decreased . However , since sale agreement was registered and subsequent TDS were paid on demands, what will happen to the remaining stamp duty (on which value will the rest stamp duty be charged on) and TDS correction in 26QB?