If the dependant parents receive foreign remittance to support the family, and medical expenses etc, should such receipts, be added to the income and tax patable, when such amount is part of the income already taxed at the foreign government.

Dear Sir,

There is off-market transfer of few shares from Mother to her son. These transactions are appearing as Value of off market debit transactions of listed equity share in mother's Annual Information Statement (AIS). End of the Day value is Rs. 7182/- and consideration column has zero value.

What are the implications of this transactions? whether they are required to be reported in Income Tax Return of Mother?

Kindly guide.
Thanks & Regards,
Suraj

I raised a housing loan for an Apartment, bought as a joint owner (70% share) in 2009 and claimed the Exemption from Interest component till 2015 when I cleared the outstanding loan. The property is self-occupied at the moment.
In the meantime, I bought another apartment as a joint owner (70% share), with a housing loan in 2021. Both the properties are not rented. Can I claim the exemption in the interest component on the Housing loan for this second property after indicating it as self-occupied?

Someone by mistake made a payment to his vendor after deducting TDS but, by mistake mentioned my PAN instead of his Vendor's PAN. As a result, the whole amount and the TDS is showing in my 26AS and AIS/TIS. Somehow I contacted the deductor and he agreed to his mistake. Now according to him, he has revised his TDS return a week ago but the amount is still showing in my 26AS/ AIS/TIS. Does it take so much time for 26AS / AIS to be updated ? What remedy do I have ?

Hello,
I bought flat ~12years ago @16L and sold in FY 2021-22 in 40Lacs.
Sold property was Jointly owned by Me & my mother.
This sold transaction entry of 40lac (SFT-012) came in 26as & AIS of both me & my mother.
 
I need your help to understand,
Question 1 : while filing ITR how I need to show this
Option 1 - both me & my mother need to show full 40L
Option 2 - me & my mother need to show 20L each.
 
Question 2 : how the buy price needs to show for both the buyers
Option 1 - both me & my mother need to show full 16L
Option 2 - me & my mother need to show 8L each.
 
 
Question 3 : After 4/5 years, I have paid VAT charges of ~32000
How this can be shown in ITR to avail Tax benefit (with indexation)

Question 4 : I had some legal issues with my Tenant, who sublet my property to someone else.
In this case I had paid 25000 as lawyer fees.
and at the end paid 1 lac rupees to person staying in my flat to vacate.
How this 1 lac & 25 thousand can be shown in ITR to avail Tax benefit (with indexation)

 
I will be obliged If someone can help me on this.
 
Thanks

IS there any liability for Partnership Firm to get registered from REGISTRAR OF FIRMS under RERA?

Dear sir,
Kindly advise, if PF is not paid on due date ,due to bank server down & paid on next day.
whether it will be disallowed. or we can provide bank server down reason.
advsise.

Mr. A sold a piece of land to Mr.B for Rs.3,50,000 on 17.06.2022 and entire payment was made in cash.
Please advise whether Mr. B would be liable for contravention of s.269T of the Income Tax Act, 1961 and liable for penalty u/s 271E ?
Whether Mr. A would be liable for contravention of s. 269SS and 269T both

IF A PERSON BEING AN INDIAN RESIDENT OPENS A COMPANY OUTSIDE INDIA THEN WHAT WILL BE THE TAXABILITY IN HANDS OF THAT RESIDENT AND IN HANDS OF THAT FOREIGN COMPANY AS THERE IS NO BRANCH OF THAT COMPANY IN INDIA. BUT THE OWNER OF THAT COMPANY IS RESIDENT OF INDIA.....

GOOD DAY
I AM PARTNER IN COMPANY, AND COMPANY HAS IEC CODE
WE WANT TO REGISTER IN ICEGATE AS IEC HOLDER
I AM DSC HOLDER AND PARTERN AND AUTHORISED PERSON
PLEASE HELP HOW TO REGISTER
STEP BY STEP IN ICEGATE

REGARDS