I have purchased a 830 sq ft plot for Rs. 170000 (stamp value) and constructed a house with 620 sq ft. Carpet area (total built-up area 1350 sq.ft.) by applying loan. The bank valuing the property (land & building) for Rs. 55.25 lakhs sanctioned for loan amount of Rs. 36.00 lakhs for land & construction.. Am I eligible to claim intrest exemption under section 80EEA?. Please clarify. Thank you

I purchased a product and the seller has issued two invoices for it, so I have TWO TIMES the eligible ITC available now in GSTR-2A.

If I claim the correct amount of ITC(only for single item) in GSTR-3B, what will happen if the seller issues credit note next month?

1. Will I have to pay the reverse ITC from my pocket next month?

2. It will cause mismatch in 2A and 3B for 2 months(this month and the next month). Will the GST department issue notice for the same?

Sir/Madam
Please provide guidance. In Form 16 of a salaried employee
Deduction Employees Contribution to Provident Fund 70000
and
Voluntary Contribution to Provident Fund 70000 is showing.

How much deduction under Section 80 C can this individual claim in his ITR-1.

Thanks for the Help in advance

Sir,
Sec 194jb
Transactions date:31-03-21.
Date of booking :10-07-21.
Amount credited rs:4,30,020/-
Tds deducted rs:29754/-
Tds deposit rs:29754/-
Above information as per 26as in f.y.20-21.
Question:
A person income show in f.y.20-21 or 21-22 year it returns.

hello everyone

1.one of my purchase bill of sept month is not shown in gstr2A.

can i take its input tax credit while calculating my gst liability.

Sir\
Please advise the Income of Rs. 60000/- annual from accounts work and filling of GST Return etc of Pvt Firms at work to home . Sir above amount may be shown in salary account head in Income tax Return

Dharam Pal
Mob. No. 9810600330

DEAR SIR/MADAM
CLIENT HAS GST DATA TURNOVER IS RS 29,51,433 AND 26AS TURNOVER IS RS
34,11,861. LAST YEAR WE HAVE FILED RETURN 4S WITH 4S WITH GST TURNOVER DATA BUT THIS TIME 26AS TURNOVER IS MORE THAN GST TURNOVER PLS HELP ME ON THIS.
REGARDS

I HAVE SOLD MACHINE. WDV OF MACHINE IS 1094800 AND SALE VALUE 725000. IT WAS CAPITAL LOSS? IF YES THAN HOW CAN I CALCULATE DEPRICIATION ON MY REST OF MACHINERY AND WHERE WE SAW IN ITR-3. PLEASE GUIDE US.

I am going to purchase a property - bare open roof of an already built 2 storied building underneath. My legal consultant told me that during registering this property, I have to pay stamped duty not only on the roof being purchased, but also on the estimated one storied flat to be built on the roof in the later years. For the roof Rs 15 lakhs is the purchase price to be paid to the seller, but I need to register it on Rs 25 lakhs, which is the purchase price of the roof as well as the estimated market value of the flat to be built later (as confirmed by Registration Authority). While consulting with a Tax Consultant, I was told that I have to add to my income the difference of the actual purchase cost and the market value ( i.e. on Rs 10 lakhs).
I am a bit confused as regards why I need to pay tax on Rs 10 lakhs, since I have not made any real income anywhere. My query is under which section / sub-section such tax is chargeable, if it is admissible as per Income Tax Act.
Request expert's valuable advice on the implication of income tax for the aforesaid property transaction.

when my company purchased Scrap from other parties and the other parties levied TCS on sale .
while my company sells and charged TCS on sale .
My question is whether my company should file returns for TCS received or TCS payable. under GST or income Tax.