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Chandra Kala
26 March 2024 at 11:10

Mismatch notices

Mismatch notices are coming with the form 26AS compare with the computation filed no option is found in the case of income of minor child included in total income. How to reconcile.

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VARMA
25 March 2024 at 11:39

Income tax deduction for corporate

Dear sir,
Kindly advise on following deduction under income act
Corporate spend on Higher eduction of their Key employee for future benefit of company in India.
whether it is deduction business expense for coporate. Whether eduction cost is treated as taxable income for employee.

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ABHI KUMAR
24 March 2024 at 15:42

REGARING UNSECURE LOAN

A PROPERRITOR FIRM RECIVED A LOAN FROM B
AMOUNT 50000 (BY CHEQUE) SINCE 2020 AND FIRM NOT PAID TO INTEREST TILL DATE
WHAT WILL BE THE IMPACT TILL 2023-24

ANY ISSUE ????

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dsd1986@gmail.com
23 March 2024 at 12:53

Section 144 of IT act

Dear experts, is there any maximum time limit till when IT notice under section 144 can be issued....like we have in section 149 of 3 years and 10 years....Thanks in advance....

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SUDHEEP M

Sir,

I want to know the TDS applicability in respect of the below transaction. One of my group Company which was liable for audit availed vacant land under government scheme from KINFR (a government undertaking). During the financial year 2023-24 they have issued invoice under SAC 997212 for a total value of Rs. 284049 and out of the total amount Rs. 139359 was relates to the previous financial year 2022-23. Respective financial year invoices were issued separately. Whether TDS was applicable in this case?.

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PRIYA
22 March 2024 at 22:06

Old regime or new regime

I have income of Rs 2 lakhs as business income from intraday trading and Rs 15 lakhs from short term capital gains from share trading. Should I opt for old regime or new regime for the financial year 2023-24?

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CMA Sagar Das online
22 March 2024 at 13:35

TDS on BillDesk Charges

Billdesk issues invoice for their charges for GST Payment through Credit Card. Whether we have to deduct TDS? If yes, then under which section?

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suresh s. tejwani
22 March 2024 at 12:48

REGARDING 12A-80G APPLICATION

If trust has applied for provisional 12A / 80G which is to be expired in financial year 2023-24 then by the time of 31/03/2024 whether final 12A/80G is to applied or provisional registration is to be made?

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HOSHANG

DEAR SIR,
WE HAVE PURCHASED A COMMERCIAL PROPERTY BY RS. 2,50,000/- IN OUR PARTNERSHIP FIRM IN THE YEAR OF 2002.
NOW WE PARTNERS ARE GOING TO SELL THIS PROPERTY BY RS 61,00,000/*
SO EXPERTS ,
PLEASE GUIDE ME ABOUT TAXATION IN CAPITAL GAIN ON SALE OF COMMERCIAL TAX.

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nisha singh
19 March 2024 at 19:46

Income tax of housewife

Hi
If a housewife saves money from household expenses is that saving taxable? How much of the savings can be deposited in the savings account in a financial year without attracting tax. Note housewife has no income source only savings from household expenses upto 30000 a month.

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