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

Dear Sir/Madam,
I have purchased an immovable property from an NRI. I would like to know how to deduct TDS in this case. I have already registered for a TAN on the Income Tax portal; however, I am unable to find the option related to the sale of immovable property.
Could you please guide me on how to proceed?

sir,
Is there is need to change partnership deed on new stamp paper due to substitute of Income tax Act ,1961 to New Income Tax Act,2025. As Act as well as partnership interest and remuneration clause has been changed. Interest and remuneration to partner in erstwhile Act were allowed under section 40 (b) whereas in new Income Tax Act ,2025 these are allowed under section 35 (e) - Stamp Paper