This Query has 1 replies
143(1) levied strange 10 or 15% surcharge on pvt disc. trust having just 7 lakh interest income,
i thikn its taxed at MMR, thats y?
not sure,
This Query has 2 replies
Seller is NRI, buyer is resident, sale value of property is 95 lakhs, how will be the surcharge calculated on the same, when we do not know the total capital gain/ total taxable income of the seller.
How much will be the total TDS to be deducted?
This Query has 2 replies
SIR
AOP TRUST FILED ASST-YEAR 2025 -26 LOSS OF RS.175813/- AND WITH REFUND CLAIM OF RS.39527/- BUT THE INTIAMTION U/S 143(1) COMPUTERD WITH 234C INTEREST RS.7019/- REFUND BALANCE AMOUNT RS. 33,000/- CRIDTED IN BANK ACCOUNTS.
1. 234C INTEREST IS APPLICABLE IN THE CASE FOR AOP
2.HOW RETIFICATION REQUEST AND GET THE INTEREST AMOUNT OF RS, 7019/-
PLEASE GUIDE
THANKS
This Query has 2 replies
Sir mera tin sources of income hai at first business income jo ki mai 44ad me lena chahta hu dusra commission and brokerage income v hai and short term and long term capital gain share market income v hai ab mujhe bataye ki itr 3 kaise dikhau pls reply me
This Query has 1 replies
I would like to clarify whether, as per section 393(1) SI.No.2 of Income Tax Act 2025, in case the payer is an Individual or HUF, TDS is required to be deducted at 2% irrespective of the nature or classification of the asset. Further, in cases where the payer is other than an Individual or HUF, whether the applicable TDS rate should be determined based on the classification of the asset.
Please reply, welcome your response.
This Query has 1 replies
I FILE ITR WITH LAST 15 YEAR. NIL RETURN. SOMETIME IN MY FINANCIAL PARTICULAR ALL ZERO BUT LAST YEAR SHOW TOTAL ASSET E25 IS 40 LAC. CASH IN HAND 15 LAC.
IS IT WORRYING FOR SUDDEN JUMP 0 TO 40 LAC.
This Query has 1 replies
Hi Experts - Regarding 26QB (TDS property), request you to please the resolve below queries
Date of agreement: 05.06.2024
Total sale consideration: 55L INR
1st installement paid without TDS :17L (02.07.2024 - 04.07.2024)
2nd Installement paid without TDS: 16.5L (03.08.2024- 04.08.2024)
Date of agreement: 31.12.2024 (choosen higher end plot) and value: 90L
1. Now my query is that can I club both installements and pay the TDS 33.5K (1% of 33.5L)..?
2. Is aadhar and Pan link is manadatory, since it it government auctioned property I dont think so HMDA will provide aadhar..?
3. Please provide your valuble suggestions to avoid interest, lat fees and penality.
thank you in advance, your support is highly appreciated.
This Query has 1 replies
I have worked in 2 companies in a FY , and got HRA from both , however due error in the presentation my entire HRA is disallowed as per sutomated computation and demand raised for the same . can any one help me what is the correct way of presentation in schedule 'S'with example that Emp 1 salary - 10 lacs , emp 2 - 12 lacs and total HRA 3 lacs ................regards
This Query has 1 replies
I have short-term capital gains of ₹1,37,600 from selling US stocks. I also have carried-forward losses from previous years:
Long-term capital loss of ₹1,23,619 and
short-term capital loss of ₹24,248.
As I fall under the 30% tax slab, do I need to pay tax at 30% on ₹1,37,600, or can these gains be set off against the carried-forward losses.
This Query has 1 replies
Assessee has received notice u/s 133(6) for submission of information in connection with his vendor for Fy 23-24
Assessee has expired one year ago. his income tax account is active.
My question is
Now the reply will be signed by whom ? Any documents need to be enclosed re demise of the assessee ?
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Surcharge on pvt discretionary trust