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hiluferns

Hi, I just wanted to know weather income from house property below 2 lakhs, is to be declared in the ITR. This year my income from business will be approx 10 lakhs and I have a appartment which I have given on rent for Rs.14,500/- per month. So am I liable to pay income tax on the rental income?
Thankyou.


Satish Chaudhary

How to nullify the old demand of A.Y.2009-10 of a Railway employee, the TDS Return has now been corrected by the Railway Employer and TDS Credit appearing in 26AS of A.Y.2009-10 in December 2023 , by pursuing them several times. Please guide. Thanks.


Ajay Chandak
06 January 2024 at 23:18

TDS U/s 194Q Petrol Pump

One of my client is running a petrol pump business. they bought petrol worth Rs. 15 crore during last F.Y 2022-23, from HPCL .. is there a requirement to deduct TDS u/s 194Q?

my Client has deducted TDS U/s 194Q from HPCL,
Now HPCL is denying to adjust same in bill.. and deducted TCS U/ Section 206C (1H)

now what option my client have.. plz guide


tony
06 January 2024 at 20:42

Drc 03 for tax payment on bill issued

Dear Sir,
A person need to pay 18% gst instead of 12% paid with 3b and R1 of March 2023. Whether it can be paid by drc 03 ? and which head to be select while filing drc 03.

Please clarify.


Hitendra Agrawal

What will be the taxes which I need to bear in Importing? Please let me know the type of taxes and rates of the taxes applicable?


Rahul Oswal
06 January 2024 at 17:14

Transfer of shares from son to mother

I am a salaried employee having around Rs.3 Lakh gain in capital gain of long term. Therefore I want to transfer shares from my demat to mothers demat and sell the holdings from her account. So what documentation will be required for transferring the share? Will I have to prepare Gift Deed or not?? And in whose hand long term capital gain tax will arose?


CA Ritu Chauhan
06 January 2024 at 16:41

Mandatory Registration for NBFC

A company whose principal business is to run a playgroup for toddlers, parks its surplus funds in shares & securities of listed companies. Over a period of time these financial asset (shares & securities) exceeds 50% of the total assets of the company. Income from such assets also exceeds 50% of gross income of the company thereby fulfilling 50-50 Asset Income Test of RBI. Whether this company is required to obtain registration as NBFC from RBI even if its principal business is not that of NBFC.


kollipara sundaraiah
06 January 2024 at 15:59

Rule 16 with rule 37 itc

Sir,
Input credit limitation rule 16 along with rule 37 in cgst act


Mahabir Prasad Agarwal
06 January 2024 at 14:39

Demand U/S. 16(4) against FY 2018-19

Received a demand of Rs. 3,53,000/-(Tax + Interest+Penalty) U/S.16(4) against March,2019 GSTR . Is there any remedy sir ?


suresh s. tejwani

We are trying the get register on service tax portal but we are getting "CE" number instead on "ST". How to get ST number for the pre-deposit of service tax appeal fees.







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