Mahabir Prasad Agarwal
05 September 2026 at 11:23

ITDS U/S.194T of Firm

If I declare income of a partnership firm U/S.44AD, whether ITDS on remuneration to partners is compulsory u/s.194T ?


TARIQUE RIZVI

DEAR SIR

The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done now?


Dipen
02 September 2026 at 21:23

Bank details not Visible on Traces Portal

Experts,

I have added a new bank account on IT portal. The same is also validated however with Remark - "Name mismatch between PAN and Bank account". It has been 10 days since validation on IT portal but the same is not visible on Traces Portal. Any reason for this? Or generally it takes time to show on Traces portal

Please advice

Regards,


SOMENATH DHAR

What is the difference between date of Date of Payment/ Credit made to Seller and Date of Deduction in FORM 26QB form?
I paid an installment to builder on 10th Nov 2025 and shall pay the TDS for it now. In that case what will be the date of Date of Payment/ Credit made to Seller and what is Date of Deduction?


Kollipara Sundaraiah

sir,
Q.no1.. Business tax payer turnover rs:80 lacs 25-26 show in itr returns
doubt: cash on hand balance 31-03-26 show in it returns turnover rs:80 lacs at 5% 4 lacs show correct or not any limit applicable.
Q.NO.2 it tax payer purchases of residiental house or flats any purchases limit for own name and
wife and jointly limit as per it and property act.


VIJAY D KULKARNI

i have filed itr1 for my client in time for ay 2026-2027 wherein i have shown correct tds on salary and tds on bank fd int income which was available in 26AS. while processing original return CPC has allowed tds on salary but not on bank int income(even though it was available in 26as) thus raising demand of rs 6680. hence rectification request is filed online which was also came with demand of rs 6680 (not considering tds on deposit again) as such pl advice how to resolve the issue. thanks.


Geetha Venkateswaran

I own a flat in a coop society bought in 2006 in my first name and second name my daughter. She got married in 2008 working and a SWISS citizen now. My daughter was a student in 2006.
She executed a general Power of atorney in favour of my husband in 2016 ,which is notarised
but not registered. I want to sell this property now . what are the tax implications ?
THANKS


Javed Memon

Respected Sir

Newly Partnership Firm (Laboratory Firm) incorporated on 01/01/2026
Gross Receipt of Firm 1.50 Lakh Net Profit after Remmuneration is 0 (Zero)
there are Two Partner (laboratory technician ) both Having Degree B.Sc. MLT

My First Question Can We Opt 44 Ad For this Partnership Firm for A.Y. 2026-27
My Second Question is If We Filed under Regular Books of account Maintained and Declare Profit 0
(Below 6% or 8 % ) then audit is applicable or Not ?


TARIQUE RIZVI
31 August 2026 at 16:05

TDS CREDIT MISMATCHING

GOOD AFTERNOON SIR

TODAY IS 31ST AUG WHAT SHOULD I DO

THE DEDUCTOR HAS NOT REVISED THE TDS RETURN BECAUSE OF WHICH THERE IS A MISMATCHING BEWEEN TDS AS PER BOOKS AND TDS AS PER 26-AS.

SHOULD I FILE ITR AS PER BOOKS
OR
SHOULD I FILE ITR AS PER 26-AS

PLEASE GUIDE ME AND OBLIGE.


Mahabir Prasad Agarwal
31 August 2026 at 15:20

ITR 4 and Bank transactions

ITR 4 was filed for FY 2024-25 declaring income under section 44AD. But, turnover amount was shown mistakenly in Cash column instead of in Bank Column. Now, while registering for GEM, there arose problems and registration attempt failed. What is the solution for the same sir ?






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