While filing TDS under 26 QB, I accidentally selected the wrong values for the fields -
1. Whether it is last installment? [I entered "Yes"]
2. Total amount paid/ credited in previous installments, if any (A) [I entered Rs.65,10,000]

I was actually paying my 1st installment and the next installment will the last installment. So, I need to correct the responses as follows -
1. Whether it is last installment? -- Need to correct to "No"
2. Total amount paid/ credited in previous installments, if any (A) -- Need to correct to '0'

Please advise how I can do this. I am aware that this will get assigned to an AO, and I may be asked to provide some documents. Could you please advice what these documents could be so that these corrections can be made?

I am worried that if I am not prepared, or there is some non-cooperation from the seller, I may have some trouble with the TDS authorities.

Thanks for your help, and looking forward to your response.

I would greatly appreciate it if you could provide us with information on whether TDs are applicable for the TOEFL exam which we are conducting for our Inhouse facultys and under which section it fall.

Total amount is costing too 80500/

which major head we opt while making a TDS of a firm

Hello,
I am planning to buy a property and wanted to pay TDS through the e-paytax in www.incometax.gov.in. When filling Form 26QB, the Seller PAN was requested. On entering the PAN of the seller, i get the message "Error : User ID does not exist, Please Retry ". I have checked for the correctness of the PAN. Due to this, the data of seller does not appear and i am not able to continue with the TDS payment.
Any information to resolve this issue will be very helpful.
Thank you.

Regards,
Sesh.

Sir,
A RTP maintained a pharmacy Stores turnover rs:1.50 crores yearly regular scheme in gst act.
Question:
Dealer purchase of medicines credit based payments msme provision sec 43(b) applicable.

I bought property in mumbai and paid 1% TDS of property value..on the same day I got default notice to payment Additional 19% as a penalty because seller PAN and Adhaar was not linked later we got it linked and filed correction in traces but still got the same default notice....now how to get this notice null & void since PAN and Adhaar both are linked now

I have a scenario like this.
I have stocks as RSU in US and they vested in 2010-2019.
these stocks I sold then partially in 2019 and I invested that amount in buying a house A.
I also had a house B in my name which I sold and re invested that amount in another plot to construct a house C.
I did a gift deed to my wife for house A in 2023.

In 2023 again I have bought a plot to construct a house. I have the above stocks left as RSU in US and I want to sell them and use that money to pay for the land and construct a house D.
So as per section 54 can i avoid capital gains tax on the amount after selling those shares as I am investing that in construction of a house D

I only have plot C in my name as I have gifted the house A to my wife and will own plot and house D now.

Kindly advise.

As per Rule, any value of gift received higher than Rs 50K become taxable under the section 56. (Lets assume not through relatives) if it is declared by the receiver does it get exempted to the person who gifts the same? if not allowed, will it not become double taxation in the hands of receiver, if his income falls in income tax slabs?

How to file ITR U online or paper form only is available?

Sir I have paid PTRC for Mar 2022 . Also Filed return for same but when I submited my Form III b there I saw I did not filled details of payment and it shows that there is amount payable of my PTRC please help me fix my mistake.