My turnover is 1.5 cr I have not opted for presumptive taxation in any previous year and I have loss of 5 lac will I need audit or I can file normal itr under no account cases in itr3?

House rent is more than 50k. So tenant deducted tds @ 2%. How to pay it. Do the tenant need to deposit it every month? Please guide

Suppose I am purchasing a property which is owned by 2 seller (50% share) and me and my wife are purchasing it (50% share). I understand we have to fill 4 form 26QB. My question is suppose value of property is 1 cr and I pay lump sum amount then what should I fill in these values:

1. Total Value of Consideration (Property Value): There is much confusion about this on internet. In my case would it be 25 lakhs or 1 cr?

2. Amount paid/credited currently (B): Pretty sure it would be 25 lakhs. Let me know if this is not the case.

3. Total stamp duty value of the property (C): Again not sure.

Thanks in advance.

My relative salary (Gross Salary) is 9.5 lacs
Investment in LIC and SBI Life Policy amounts to around 2 lacs
Medical Insurance is paid for around 30 thousand. PF is around 1500 PM

based on above information kindly advice which regime to choose old/ new

I would like to seek your advice on consolidating TDS payments for both a contract and a professional service into a single payment. The total TDS amount is ₹20,000 (₹10,000 for a contract individual and ₹10,000 for a professional individual). Could you please guide me on the process for making a single TDS payment, and let me know if there are any issues or compliance considerations with combining these payments?

Thank you for your assistance.

I got a ctc car worth 20 lakh from my company. The amount was actualky given on loan to me @8%. The cost towards the same was deducted from my CTC every month fir last three years. Now the residual value of car is 4 Lakh. (And I am told by my company that fair market value is 6 lakh). They say that of I buy the car now, I have to pay the residual value (4 lakh) and 30% of balance 2 lakh as tax. However, if the car is directly sold to a third person, this 30% will not need to be paid. I am confused. Request advice

Hi,

Unable to open the recently downloaded 26QB zip file. Even the last year zipped files which were opening with password (PAN) is not working.

Please help.

Thanks,
Gaurav

26QB Zip Folder is password protected. Buyers or Sellers PAN is not working to open the same. This is the same case for 2 of us. Please help!

Home Orderly Allowance is available to Judicial Officers of India in pursuance to the recommendations of Second National Judicial Pay Commission. Is the whole of amount received taxable in India?

Dear experts
I have received the final copy (UDIN updated) of Form 15CB and Form 15CA for NRI remittance from our CA. However, there is an issue: the beneficiary provided the wrong bank name. Is it possible to update the name in both forms?

Experts Kindly advice