Kammy Singh
This Query has 12 replies

This Query has 12 replies

Sir, Having net income of 2lakh only why CPC created a demand with surcharge .
(30%+37% surcharge + 4% Edu Cess). MMR amounts to 42.744%

My understanding is surcharge is levied from Income 50lakh and above .
Could there be a glitch in the system? The demand if not paid, interest of 1% is levied per month.

How to reply to CPC in this case.
Pls. give incite on this issue (AY 2021-22)


Prajakta Potdar
This Query has 1 replies

This Query has 1 replies

Can any person withdraw part of his total provident fund before 8 months of his retirement?

What is the percentage of total provident fund that he can withdraw?

He would like to withdraw part of his Provident Fund for purchase of house.

Is it taxable (withdrawal of PF before retirement) ?

Please guide.

Please guide


Ali Darial
This Query has 1 replies

This Query has 1 replies

I and my brother have sold land the sale deed of which is executed in our names, the land has been given to my in the family settlement earlier, the buyers in paying us both in equal share, how can I take the money from my brother and what are the tax implications for both of us. Please advise


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

30 October 2022 at 16:21

Adjustment procedure accepted in books

Sir,
Sec 44ada it assessess cash loans from creditor and cash loan to debtors ledger balance amount show in books as on dt: 31-03-22.
Cash loan from creditor (son) balance amount rs:10 lacs
Cash loan to debtors (daughter) balance amount rs:15 lacs.
Question:
Assessess cash loans from creditor rs:10 lacs amount transferred to cash loan to debtor account adjustment entry passed in books accepted in it act f.y.22-23.


PARVATHY R
This Query has 3 replies

This Query has 3 replies

27 October 2022 at 16:44

TDS Return - Q2

I have filed TDS return through RPU Software. When I click validate a file created as fvu.uenc. To complete the return filing what is the further step I need to do. Please help.


surajit kar
This Query has 3 replies

This Query has 3 replies

20 October 2022 at 17:17

26QB Filing Guidance

Hi,
While filling Form 26QB I'm seeing 3 different kinds of dates -
(1) Date of Agreement/Booking
(2) Date of Payment/Credit
(3) Date of Tax Deduction

As per my understanding,

(1) should be the date on which original seller/purchaser agreement was made. This is 23rd Sept 2022.
(2)
7th Sept 2022 Paid first booking amount
7th Sept 2022 Paid rest 20 percent down payment to seller
28th Sept 2022 Rest of payment has been disbursed from BANK to Seller Account

(3) Today 20th OCT 2022 I am trying to file TDS
So, in my case, what should be the dates for (2) and (3) points?


Lalit Shelke
This Query has 1 replies

This Query has 1 replies

15 October 2022 at 00:58

Form 26QB TDS date issue

Hi,

While filling Form 26QB I'm facing some issues.
Agreement was executed a little late after the advance payment to seller.

Date of Agreement/Registration: 10 Oct'22
Date of Advance-1: 25 Aug'22
Date of Advance-2: 21 Sep'22
Remaining: Loan - Disbursement pending (15 Oct'22)

Should I mention Date of Credit/Payment to seller, as that of Agreement/Registration?
Or will the TDS fee/interest be applicable in my case?


mahan
This Query has 1 replies

This Query has 1 replies

24 September 2022 at 13:21

Access efiling portal as legal heir

after approval of registration as legal heir, how to access the deceased IT account details as legal heir


Kailash Chand
This Query has 1 replies

This Query has 1 replies

26 August 2022 at 17:36

REGISTER PAN ON TRACES AS TAXPAYERS

I want ot Register Assessee PAN on Traces as taxpayer , assessee has not paid tax in cash in any pervious years, only tds deduct by deductors, but when i fill detail of TDS Deductor for Registration as taxpayers, error show that "The details provided in Option 1 are not valid. Please enter valid details" but we fill detail as per 26AS form of previous years, now how i can register PAN as taxpayer.


Debraj Talukdar
This Query has 1 replies

This Query has 1 replies

23 August 2022 at 12:47

Solving of error 4111

While filing 26Q for Q1, error is coming "Due Date of which amount paid/credited". I have put cerdit date as 07/04/22 as tax credit date as 07/04/22. The same tax was paid on 19/08/22 with due interest.
How to solve this issue