Income Tax QnA - Page No 694

All Resolved Open

Gaurav

06 February 2024 at 13:23

Revelvant Books recomedation

Hi All,

I am looking for detailed information books on the below topics. Could anyone please help suggest which is a good one to go for?
1. HUF
2. Capital Gain Taxation
3. Taxation for NRI

Regards

E.KALAIKOVAN

06 February 2024 at 12:53

Interest paid adjustment

Sir,

IGST Interest paid in Electronic cash ledger can be utilized for Interest on SGST and CGST?

Nitin Khaire

06 February 2024 at 12:49

We have deducted TDS 194C@1% of Individuals and filed TDS return but due to inoperative PAN department has raised notice to deduct 20% TDS. Now we have linked PAN with Aadhar then how we can reduce TDS liability?

manish gupta

06 February 2024 at 09:37

Capitalization of epoxy flooring

Hi,

we have existing cement concrete floor in factory premises. now we are doing epoxy flooring on existing floor, can we capitalize epoxy flooring, please advise.

Regards

Yashashvi Yadav

06 February 2024 at 00:53

Challan consumption.

I HAD TO PAY THE TDS ON THE SALE OF IMMOVABLE PROPERTY IN LUMPSUM BUT BY MISTAKE I DID IT IN INSTALLMENTS.
CAN IT BE CHANGED NOW?

Suresh S. Tejwani

05 February 2024 at 17:51

REGARDING TDS ON PROPERTY PURCHASED FROM NRI

IF THERE ARE 5 SELLER OF PROPERTY AND OUT OF THEM 3 ARE NON RESIDENTS AND 2 ARE RESIDENTS THEN TDS WOULD BE DEDUCTED OF ALL SELLERS OR ONLY TDS OF NON RESIDENTS IS TO BE DEDUCTED IF SALE CONSIDERATION IS LESS THAN 50LAKH?

Jaswinder singh

05 February 2024 at 17:12

Regarding TDS u/s 194Q for goods purchased

Respected Sir/Madam
Is TDS deducted u/s 194Q on Capital goods purchased? Normally as per goods we consider only goods we manufacture or resale not capital goods we capitalized in business?? So should we deduct on capex?? Kindly advice

shivanand

05 February 2024 at 14:12

National sample Survy regarding

Dear Sir/ Madam

I looking for assiatnace to fill N submit the online Annual sample survey Mail - shivanand@app.net.in / 962214409

Suresh S. Tejwani

05 February 2024 at 13:34

DISALLOWANCE UNDER SECTION 43(b)(h) OF INCOME TAX ACT

If an individual trader purchases scrap from manufacturer registered under MSME act then if payment not made within specified time limit, will provision disallowance applicable for such trader under 43(b)(h)?

Nitin Khaire

05 February 2024 at 13:27

Tax Deducted at Source on membership Fee

Exhibition Charges to a Supplier has been amounted to Rs. 3Lakhs and TDS on same has been deducted u/s 94C @ 2%. Also membership fee is payable to same supplier amounting to Rs.25,000. Shall TDS be deducted on such membership fee? If yes, under which section and at what rate.?