Sir One Agriculturist no other income except Agricultural income had sold his rural agricultural land into residential plots over period of 3 years to maximize his sale value . Since there is no adventure in sale (Income from Business other than this sale) is it treated as Exempted Income or to be treated as Income from business.

My Appeal against AO order was dismissed by CIT(A) in Dec22 and then my CA filed ITAT Form 36 online within 40 days but did not file physical appeal in Delhi bench.
Now after 1 year i have received a section 271(1)(c) notice for penalty from IT dept and cannot find the appeal in ITAT website
Is the appeal valid or barred due to time lapse?
Can i file a appeal now and seek condonation of delay?
How to reply to notice for penalty?
Pls help

Respected Sir/ Madam

In 26AS of FY 2022-23 bit of TDS of 2021-22 is appearing and is claimed in return of FY 2022-23.

Income of FY 2021-22 whose TDS is now showing in 26AS of FY 2022-23 has been correctly accounted for in FY 21-22 and Income given for taxation in the return of FY 21-22 although TDS on this income had not been claimed in FY 2021-22 as it was not appearing in 26AS of past year.

CPC has not given credit of past years TDS in return of FY 2022-23.
Return processed without giving credit of TDS of FY 2021-22

Now Return of FY 2022-23 is processed and Intimation u/s 139(1) has been received with Computation of Restriction of TDS based on Rule 37BA which has reduced total TDS claimed in return by amount of TDS that pertains to past year (FY 2021-22)

What to do now to get credit of total TDS ( TDS of 2021-22 + TDS of 2022-23) in return of FY 2022-23.

Please Guide

Thanks & Regards

Facts of the case:

A. I the Landowner purchased a property being Land & Building vide Registered Deed of Conveyance in the year 1987.

B. In the year April 2021 I entered into a JDA with a Developer for construction of a Commercial Building on the above mentioned Property.

C. It is agreed that the Developer shall construct and handover to me 50% of the Constructed Premises to be constructed on the said Property..

D. I handed over possession of the said Property to the Developer in the month August 2021.

E. The Certificate of completion of the said project is expected in or around February 2024.

Queries:

1.Cost of Acquisition: In view of the Amendment made to Section 55 applicable from April 2021 whether I shall be eligible for stamp duty value or fair market value of my property as on 01.04.2001?

2. Indexation:
Whether Indexation is to be calculated as on the Year in which the Joint Development Agreement was executed i.e. April 2021 or till the year of the project receiving the Completion Certificate i.e. February 2024?

3. Full value consideration of Landowner: Whether Stamp duty value of my share in the constructed premises will exclude or include the cost of Land?
Kindly quote any case laws of ITAT or High Court regards to Query No. 3.

Dear Experts,

I am filing one GST Cancellation application however unable to file it due to below message:

"Warning Application of Cancellation of Registration is not allowed as you have filed an Application for Amendment of Core fields vide ARN xxxxx which is pending for Processing with tax official"

This is on old application made in 2020 for which reply was not submitted and tax officer has still not rejected at his end.

Please advice

Regards,

We had interior designed our new office. He had only made the designed, and the labour work and material was carried out by an altogether different contractor.

Can we charge 1% tds on the designing services, given the HSN code 998391. The vendor's CA has told TDS can be charged under contract.

Our company has organize an event of motivation for company staff, he is charged fees 1198000+18% = 129800, and he his mentioned "Consultancy Fees" on Invoice.

now Please tell me how tds will deduct on which section?? 194J-10% or 2% ?

Sale of Digital painting is sale of goods or sale of services where only a photo is created with the help of some softwares and created photo is sent through internet. And what if this sale is outside India. Is it a export of service or goods?

Dear Sir,

If an Indian company paid yearly subscription fee to a foreign company, for view latest fashion of leather products on his web portal through login id which is provide by foreign company and received subscription fee yearly for that id.

Foreign company have an Indian PAN registered with his London (UK) address and no PE in India.

TDS applicable or not if yes then which section.

Form 10F & TRC required or not.

Sir, Issued Invoices during May,2023. No e-way bill raised, because no movement of goods, only repairing charges. May I cancel the said bills during filing of December,2023 GSTR ?