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Easy Office


Gaurav Kapadia

This is a Capital gain Type A only 5 months old account, open in July - 2022 to deposit profit amount from my old flat selling. Now, I want to buy a new flat, property identify and stamp duty registration done. 50% payment paid to builder from my pocket and remaining I want to opt loan from bank.

My query is,
the amount which I kept in capital gain account, shell I self withdraw on my name from bank or it is not permissible?

The reason for above question is, I borrowed the money from my relative to deposit in capital gain account and now I want to return the same..


Gayathri
31 December 2022 at 11:51

100 years age

An individual completed the age of 100 years on October 2021. Is he eligible for tax and itr filling? Having pension income. Before Oct 2021(4.2lac)
After Oct 2021(2.6lac).
Total income 6.8 l for fy21-22


Kollipara Sundaraiah

Sir,
Sec 44ada professional income it person purchase of agriculture land value rs:10 lacs payment by cash mode in f.y.2016-17 year.if a person purchase transaction missing in f.y.16-17
Question:
Assessess purchase of agriculture land Missing Previous year transaction Present in f.y.21-22 show allowed in it act.


Daya

what is tax treatment of Mediclaim insurance and life insurance in the case of individual in income tax.


BISWAJIT MAIKAP

IF 31/12/22 IS THE LAST DATE OF FILING A.Y. 22-23 RETURN. THEN WHY WE WILL CALL IT AY 22-23? WHEN NO ANY WORK IN 2023! IS THERE ANY LEGAL EXPLAIN?


ASHOK KUMAR MUNNATAXCONSULTANT
07 January 2023 at 10:59

TDS calculater on salary

Dear member,
can u share excel sheet with formula (without password protected) TDS calculater on salary

ASHOK KUMAR MUNNA (C.A.)
8130491313
itax.info@gmail.com


naresh
31 December 2022 at 02:32

16(4) --> march 2019 3b filed in nov 2011

i am told i should file march 2019 3b by 20 oct 2019.
i filed in nov 2019.
do i loose full march 2019 itc?
isnt there any way?
can i go in adm relieft or something? its big 9 lakh impact :(


Guest

Respected Sir
a stamp Vendor Who Deposited Cash in Saving account 13, 50,000 In F.Y.2021-22 He Received commission income 26759 after deducting TDS u/s 194H
he used stamp paper for affidavit and prepare Property Releted Documents He hardly earned 2lakhs in year for preparing property related documents

My question is if i show income u/s 44ad of rs. 5 lakhs rs and decalring 40 % income i.e. 2 lakhs and commission income 26759 then how ITO Relates declared income with Cash deposited Income of rs 13,50,000 .

is there any chance to get notice from Income tax Department For cash deposits.??


Javed Memon
31 December 2022 at 00:21

Is TAN required for small business ?

Respected Sir

Is TAN required for small business ?

Who is Liable to deduct tds and Required TAN for deducting tds
supppose if i pay Commission to one person For amount of 35000 in a year
am i liable to deduct tds and obtain TAN ??


Nikhil Dawda

One of my client attained majority in current year however for filing her ITR, IT department has not activated her portal also her mother who is her authorised representative, her account has been removed with filing option. I'm chasing IT department for more than four months and have already missed her original due date of filing ITR, however till now no access has been given. Whenever I call up the help desk I get no satisfactory answer to this looks like they are not able to resolve this issue. I have sent at least 20-30 emails raising this issue to efilingwebmanager id but there is no proper response or resolution to my query. My main worry is just a day left for filing IT return and no resolution provided by IT department till now. My appeal to all colleagues, have you handled any client with this kind of situation. Quick response on this will be highly appreciable. Regards CA Nikhil Dawda