I have 2 houses (joint - me & my wife) in my name and 2 land (plots). Recently sold one of flat (100% cheque payment).

Can I reinvest the Capital gains arriving out of sale in purchasing a flat?

Note: I had reinvested earlier on (4 years ago) the similar captial gains to buy land from a house sale.

Thank you

I am NRI, now USA national. I earn not even Rs hundred interest on minimum balance required in NRO a/c. Bank deducts about Rs 50 TDS. Shall I write to IT that henceforth I will not file return due to non-taxable income? Will my application absolve me from any punitive action by IT authorities? Or, shall not file returns & keep quiet? I thought that giving letter in writing to this effect will be better. Please advise. I do not want to apply for refund of tds.

Sir in may 18 I had completed my IPCC gr1 so I joined articles in my home town vizag in small firm. As we no big firms giving preference only to bothgroups.In Nov 18 results I completed my grp2.

I didn't learnt much during last4months as, works are also less here. Now I am interested to do in big firms so can termination less than one year can be accepted there. And my principal agreed to give termination. He said he will tell valid reasons on behalf him to next principal. Sir please solve my situation....

From income tax dept under error code 310 :Taxpayer having income under the head “Profits and gains
of Business or Profession” but has not filled Balance
Sheet and Profit and Loss Account as required in
explanation (d) under section139(9) read with section
44AA.
Solution given by incometax dept in their notice.The Part A of the Profit and loss account and Part A of the
Balance Sheet should be entered in the corrected return
without which the return filed earlier is liable to be treated as
invalid.

CASE:My case is income from professional service to the tune of Rs.280000 and capital gain from shares about Rs.200000 and i filled ITR3 coulom 53 for professionals.but income tax dept sent me above notice.What is the solution.

I purchase capital goods and pay GST. But my service tournover GST is less than the GST paid on my purchase. My doubt is shall i carry forward the balance of ITC to next financial year? please clear me.

DEAR SIR,

IF DETAILS OF SOME EMPLOYEES TDS WERE NOT INCLUDED IN Q-1, Q-2 , Q-3 OF TDS RETURN

BUT FULL SALARY DETAILS OF THESE EMPLOYEES WERE PROVIDED IN ANNEXURE ii OF Q-4,

NOW, Q-4 DEFAULT IS SHOWING TDS OF SHORT DEDUCTION OF THAT EMPLOYEEE'S

HOW TO DO CORRECTION IN THIS CASE, TDS PARTLY RELATES TO Q-1, Q-2, AND Q-3, BUT DEFAULT IS SHOWING IN Q-4

THANKS.

DEAR SIR,

Does Tds form 24Q - Annexure ii , Includes -

1. Full year salary details

2. Full year details of Tds to be deducted, and

3. Full year Tds deducted till 4th Quarter Return Date??

Thanks.

One of my Client is an NRI. He has sold a House property in Pune for Rs.49,00,000. But the buyer has not deducted any TDS u/s 195. I have two queries
1, Is it necessary to deduct TDS @20% for TDS on sale of Immovable property plus cess if the seller is NRI?
2, Form 13 Non-Deduction / Lower Deduction of TDS is it applicable in this case?

We are in UP dealer & having a car with up no. problem is that we repair car from delhi showroom and service provider give two invoice. One for Goods & other for service . he charge IGST on service bill but goods invoice charge CGST & SGST.

Service provider told that place of supply is delhi for goods, so he will charge CGST & SGST. Is service provider correct.

I am into business of renting commercial property, I am charging GST on the rents, and filing my GST returns, also my tenants has deducted TDS u/s 194IB on rent paid.
So now my question is for income tax purpose, Whether I have to show my inocme under House property head or Business head.

Thanking in advance.