If a NRI, purchases a Immovable Property (Residential House) in India from another NRI.
What will be the TDS rate applicable to the purchaser?
TDS will be applicable on Gains or Consideration?
How will the TDS be filed?
Good Afternoon Dear Experts, I have filed my ITR AY 2021-22 on 31.03.2022 and ITRV Acknowledgement niether sent by me after the filing nor validated with EVC/OTP. Now I have sent the ITR V Acknowledgement signed copy last week. The same is received by CPC and marked Invalid as Prescribed time limit is over. So, my question is that, what can I do for complete the process of my ITR because there is a refund amount of Rs. 50,000/-. Please help
Any provisions available for obtaining relief from tax deduction at source under Section 194T of the Income Tax Act? Specifically, guidance on whether a partner can apply for lower or nil deduction of TDS on payments such as remuneration, interest, or commission, and the procedure for the same??
Hello
Actually while making the payment for dividend paid to NRI i chose a wrong section and paid TDS under 194 instead of 195. Now can i use this challan for Form 27Q or else please suggest a solution on this.
Thank you
CAN I INVEST IN FD, AMOUNT RECEIVED FOR PROPERTY SALE, PRIOR TO INVESTING IN 54 EC BONDS WITHIN A 6-MONTH WINDOW?
Sir
Please suggest to me We Deposit Cash in Bank In FY 2025-26 Rs.55 Lacs in Current Account. Totaly turnover Rs.66 Lacs mostly Sales in Cash in mode. Can be face any issue from department please advise to us
We seek clarification regarding the applicability of TDS on software renewal charges.
In our case, payments are being made to a single vendor; however, such payments pertain to renewal of different software licenses and website services.
Kindly clarify:
Whether TDS is applicable on such software and website renewal charges.
If applicable, under which section of the Income Tax Act should TDS be deducted
if a partnership firm is paying rent to partner tds applicability AY 2026-27 and threshold limit
X Sold residential Property for Rs.17500000 on 30/3/26 .Rs.17500000 17500000
Cost of acquistion on 1/4/2001 is rs 2386500 2386500
indexed cost of property Rs.8973240
ltcg Rs.8526760 15113500
X wants to take deduction under sec54 what is the amount to be invested in residential flat?
if he open a capital gains scheme ac by which date should the amt be in capital gains scheme?
Can anyone please share the PDF file
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
TDS on Purchase of Immovable Property by NRI from NRI