i have been filing my returns under Sec 44AD for different Business but then i discontinued business for FY 2025 - 26 and started earning as freelancer for consulting so can switching from Sec 44Ad to Sec 44Ada can trigger income tax notices or can we switch and

Sir, for the F.Y 2012-2013 and 2013-2014, for a particular company we could not able to find the the TDS statment filed -token numbers/receipts-Ack's.numbers- are not found with the assessee. So, can we make request in the traces for requesting such token/receipt/ack.numbers, becuase without which we are not able to view whenever any notice/intimation is recieved for damand. Any idea regarding this sir.

I am providing compliance consultancy to my father business and I’m not a qualified ca so quite confused which presumptive taxation to opt as i am not a professional but providing services hence kindly help

I recently bought a property and the buyer was an NRI
Total value - 1 Cr
Tax deducted - 14.3 lakhs (14.3 %)
paid tds in tie
filed returned in tie

there were 2 seller and 2 uyers. my wife didn't got any notice but i recieved a notice to pay the amount of additional 1.62 lakhs as short deduction. fail to understand why

Sir, in one of the Asstt.Year we have prefered an appeal against the penalty order u/s.270A. Notice u/s.156 speaks that if the demand is not paid within 30 days, then simple interest could be charged u/s.220(2), again furthere to say that provisions of U/s.221 would attract that penalty would also attracted. Here my doubt is, if I succeed in the appeal, then, penlaty will be deleted. If I do not succeed, then as I understand that the penalty levied by the AO remains same. But how come, penalty carries the simple interest U/s.220(2) and again penlaty carries U/s.221 ie the further penalty. Kindly help me out in this regard sir.

Sir,
Whether transfer Rs 50 lacs to my two sons (50 lacs each son) through RTGS or cheque as a gift during a financial year is totally tax free for donor and donee?

2. If, their is any boundation to prepare gift deed on stamp paper duly notirrised?

Thanks sir

HII!!! Mr. ABC is getting married on 15/11/2025, kindly expain tax liability of money received on day of marriage to him and to his parents ?

Sir, Plot given under JDA → received flat → flat sold. What should be the COA for capital gains? Only land cost proportionate? Or include builder consideration + stamp duty too?

if father controls indian entity and son controls foreign entity, but both dont interfere in other's entity (means no control on each other), then they are not associated enterprise right?
my view --> yes, they are not associated enterprise beccause, there is no control of any kind on other's entity
section 92 says deemed associated enterprise means jointly controled by him and his relative . In my case, there is no say of anyone in anyone's entity.

am i fairly correct that father-son where there is no say at all in management (and , further, no mutual loans also etc) is not asscoaited enterprise?

Sir,

यदि एक 60 साल से कम उम्र वाला जिसकी सैलरी इंकम 7 lac हो और fd interest income 5.75 हो और वो बैंक में फॉर्म 15G जमा कर देता हो गया तो क्या बैंक tds काट सकता है क्युकी standard deduction के बाद उसकी इंकम 12 lac होगी और टैक्स liability nil होगी l
1.क्या 15 g जमा कर सकते हैं?
2.बैंक tds काट सकता है 15 g जमा करने के बाद भी नहीं जबकि estimated annual income 12.75 lacs (7+5.75) जिसपर कोई टैक्स liability नहीं होगी after relief u/s 87A.
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