Hi,

If rent from different properties exceed 20 lakhs , then while GST registration which address proof needs to be submitted?

Residential address of the landlord or any property address from which rental income is generated?
There are multiple properties from where rental income is generated

Please advice

Regards,

Sir

1. A issued cheque to B.
2. B submitted cheque to bank.
3. Cheque bounce and B returned cheque to A with intimation letter.
4. A again issued to B which again bounced and returned by B.

My queries are:
1. When I ask B for reason B told me that for taking cognizance U/s 138 requires 3 time bounce.
I never find it anywhere.
2. In this case for taking action U/s 138 counting of days (45 days U/s 138)starting from which date? ie after cheque bounce for 3rd time of after 1st time
Regards
Abhijit

If a partnership firm pays rent to his partner exceeding Rs.50000/- p.m., whether TDS is applicable U/s. 194T ?

Hi,
if we put provision of an expense (from our regular vendor) on 31st march then the tds appllicability will come during that year or when we receive and consider the bill?

1) As per the Income-tax provisions, can we pay TDS for both company and non-company deductees using a single Challan , or is it mandatory to use separate challans (0020 and 0021)?

2) Can we pay TDS for multiple sections (such as 194C, 194J, etc.) in a single Challan ITNS 281, provided the deductee type is the same?

If a person buys through Stock Exchange Listed 10.75 IFCI Bonds due for redemption on 1.8.26 at Rs. 44000 ( Face Value Rs. 10000, with a tenure of 15 years) which are to be redeemed at Rs. 46255/- only on 1.8.2026, will he be taxed on Rs. 36,255 as Interest under Income from Other Sources or on Rs. 2,255/= only as Interest,i.e., being the difference between Redemption Price and Purchase Price. Since these are not Zero-coupon Bonds, these are not eligible to be shown as Short Term Capital Gains if held upto maturity. Shall be grateful for Opinion.

Hi CA Club India,
I used to purchase goods from a buyer during Financial Years 2023–24 and 2024–25. The buyer deducted TDS from my payments during those years.

However, the buyer filed his company audit return, income tax audit return, and all pending TDS returns very late—in February 2026 (during Financial Year 2025–26)—for both Financial Years 2023–24 and 2024–25.

On the other hand, I had already filed my Income Tax Returns for Financial Years 2023–24 and 2024–25 within the due dates, but at that time the TDS deducted by the buyer was not reflecting in my Form 26AS/AIS because he had not filed the TDS returns yet.

Now the buyer has issued me TDS certificates (Form 16A) for Financial Years 2023–24 and 2024–25 and is advising me to claim this TDS in my Income Tax Return for Financial Year 2025–26.
My question is:
As per the provisions of the Income Tax Act, am I allowed to claim TDS for Financial Years 2023–24 and 2024–25 in my Income Tax Return for Financial Year 2025–26?

If yes, please explain the relevant provisions, rules, and practical treatment with accounting entries and examples. If not, what is the correct legal course of action available to me?
Thanks & Regards
Deepak

Dear Sir,
I am issued PO in month of March-26 to Fabrication Contractor & paid half Advance payment to the party.
I am deducting the TDS on PO Amount & paid the same in month of march-26.
Actual Bill received in month of May-26. In which month I am submit the TDS Details in Return.

Kindly Advice.

I have received a lower deduction certificate under Section 197 of Income Tax Act specifying a TDS rate of 0.31%. The total sale consideration is ₹90 lakhs.

I’m confused about how to apply this rate:

Should I deduct TDS at the flat rate of 0.31% as mentioned in the certificate, or
Do I need to add surcharge and cess separately over and above this rate?

Also, one person suggested a split approach:

₹1 lakh already paid (ADVANCE) to be taxed at 12.5% + surcharge + cess, and
The remaining ₹89 lakhs at 0.31% + surcharge + cess

However, my understanding is that the rate mentioned in the certificate should be applied directly, without adding anything extra, as per Section 197.

Can someone please clarify the correct method and help compute the exact TDS amount?

“If an employee’s salary exceeds the basic exemption limit but results in zero tax liability after considering deductions and rebates, is TDS deduction required? Also, should such salary be reported in the employer’s TDS return (Form 24Q)?
For Example : RS.480000 Annual Salary then it should be reported in TDS return filed by employer?