trying to find TR 4 business code for graphics artist. but not able to find.. business code 16019 not available anymore.. its become medical profession... I'm really confused. please help.

Sir in ITR-4,where to show SGB semi annual interest received in savings account??

Please assist with the below query and in detail if you can:

FY 22-23 (April 01 to 31 March)Indian reporting period for tax purpose my residential status was RNOR

For current filing FY 23-24 my status will be resident ordinary resident.

Since I hold foreign stocks I have to declare them while filing under FA schedule for foreign reporting period 01 Jan to 31 Dec 23(calendar year)

I recieved dividends and sold some shares between Jan 23 to Mar 23 while holding RNOR status. No tax was paid or reported as RNOR is not required to report.

My question is do I need to report the dividend and gross proceeds from sale for the above period while filing FA schedule this month.

If yes, how to claim exemption for dividend and capital gain.

Thank you

If a person has two house property. For one house property he has paid interest on borrowed loan of Rs.67000/-. The said house property is let out property against which he claims interest on home loan.
For second house property he has paid interest on home loan of Rs.408368/- which is self occupied. Whether this second house property can be declared as demeed to be letout property in order to carry forward the loss above limit of Rs.200000/-.

In financial year 2022-2023 performance based incentive given to employee. After the financial year performance audit conducted by the employer,. Based on performance audit report, amount given to the employee was recovered to the tune of Rs.50800. The assessee paid the tax on full incentive in financial year 2022-23 retur. Current Financial year 2023-24 ,he got incentive Rs.280300 and on that TDS was deducted. I want to know while filing the return of income for FY 2023-24, already recovered amount is deductible in current year incentive or any other remedy is available to the assessee

Hai myself Rajesh
I am working in 2 colleges as a lecturer under contract basis. The college authority deducted tds under section 194c and 194JB. My total receipts Rs.434380/-( all are bank receipts) for fy 2023-2024 ( Total TDS deducted Rs.10650/-).Will i file in ITR 4? Can i show in presumptive taxataion scheme 44AD by showing 6% profits. What is the business or professional code for my income. (code no.) can i get TDS refunded?

It is humbe request to guide me in detail. I am waiting for your valuable reply.

DEAR SIR,

LAST TIME ALSO I HAVE ASKED ABOUT THE PARTICULAR MUTUAL FUND INVESTMENT REPORT AND TRASACTION DETAILS. MY CLIENT HAS SENT ALL THE DETAILS ABOUT THE MUTUAL FUND TRANSACTIONS BUT ALL REDEMPTION OVER IN THE YEAR OF 2022 BUT IN THE AIS REPORT LONG TERM CAPITAL GAIN REDEMPTION DATE ON 05.6.2023.

STIL I CAN'T MATCH THE TRANSACTION DETAILS TO AIS REPORT MY CLIENT SAYING I HAVE SENT ALL THE DOCUMENT REGARDING MUTUAL FUND.

IF REPORTING TO FILE RETURNS AS PER AIS DATA WITH IGNORING PARTICULAR DATE OF ACQUISITION IS THERE ANY PROBLEM

GUIDE ME

THANK YOU AND REGARDS

DEAR SIR,

WE HAVE ORGANISE A FOREIGN TOUR PACKAGE NOW WE HAVE TO PAY TRAVEL AGENT (RESIDENT) PAYMENT IS OVER RS. 700000/- NOW WE HAVE TO KNOW TDS IS DEDUCT ON THIS PAYMENT OR NOT. PLEASE LET US KNOW HOW MUCH TDS RATE ON THIS PAYMENT.

THANKS & REGARDS,

Dear Sir/Ma'am,
My query is that my client made a commercial complex 20 years back and there was only one shop that was in stock and he sold this shop in 2023-24, now the difference in price is huge so is he bound to pay tax @33% on the difference amount or some indexation benefit is allowed in this case. The assessee is a firm

Thanks and Regards

Solar project we executed with PMC last year. PMC submitted six invoices, of which two pertained to services accompanied by machinery/equipment/modules. We capitalized these services as an integral part of the asset, as they were essential for the project's completion.
During payment, we deducted TDS under Section 194Q, considering the invoices as assets. However, PMC is now disputing our approach, claiming that we should have deducted TDS under Section 194C for the service invoices, as they consider them as services. We maintain that these services are an integral part of the asset and, therefore, not subject to TDS under Section 194C.
Could any one kindly provide clarification on the correct approach in this situation and confirm whether our stance is correct?
Thank you for your time and expertise.