Dear Sir / Madam,
My query is as follows:

Ms A is co-owner with her mother in Flat No. 1 & Flat no.3 on 50:50 basis each.
She is also a co-owner with her Grand mother in Flat No.2 & Flat No.4 on 50:50 basis each.

All flats are vacant. Hence For Ms A, there are in all 4 properties whereas her mother and her Grandmother have 2 properties each on co-ownership basis with Ms A.

So my question is: since all flats are vacant, for her mother & her grandmother, 2 flats will be treated as SOP.

But For Ms A, 2 flats will be SOP & 2 flats will DLOP.

So how to show rent of DLOP flats in the returns of Ms A, her mother & her grandmother ? because suppose rent is Rs. 10000/- pm each for 2 flats then for her share it will be 5000/- pm for each flat. But those flats would be SOPs for her Mother & Grand-mother.
Then are we supposed to show rent in the return of Ms A only and SOPs in other two cases? Bit confused....

Kindly guide me.

Regards,
Suraj

Is UTI Fixed Term Income Fund Series XXXI - V (1174 Days) a Debt fund ?? Is it to be shown under other assets in ITR 2 for its sale ??

I have cleared my group 1 in PCC intermediate course and got converted in to IPCC and my registration got lapsed on 19-7-2021. Now i want to continue my intermediate to clear my left over subjects. i have completed my articleship under PCC scheme and computer course also.
please guide me how can i revalidate my registration.

Thank you

"In Schedule VIA, deduction u/s 80U for self with severe disability cannot be more than the maximum limit of Rs.1,25,000"
After filling ITR3 online , above message appeared 10 times .What to do?

Hi esteemed experts,

I require assistance to deposit TDS on immovable property. I have bought a property above 50 lakhs and have paid installments as follows :

payment date Seller receipt date Amount as installment
14/03/2023 15/03/2023 670,300.00
24/04/2023 25/04/2023 670,300.00
21/06/2023 22/06/2023 744,778.00


However, I have not paid TDS. I have the following queries:

1. Will I be required to pay TDS 3 times or in lumpsum?
2.What should I put in Date of payment/credit made to seller?- will it be payment date or receipt date as per table above?
3.What should I put in the column of date of deduction?
4.Will I be required to pay penalty and will it be automatically calculated once I give the above dates and amount ?
5. In the column where the various amounts are to be given, there is one field which requires "total amount paid /credited to seller- should I put the whole amount or amount net of TDS?

I will be extremely obliged if my queries can be resolved.

Dear sir. One of my client resign from service after 10 year of service. As per information company that it will take 1month time to show date of exit in pf portal.
While checking in employees login such details not showing. They further says that the made exit in PF it will take 1 month to reflect in pf portal and 2 month time for withdrawal from money from pf. Iets me know is this is correct? And exit from service update employer or employee.
My friend says that employee can update exit from service.
Please advise

Dear Sir,

I have a Housing Loan and I am going to pay 4 Lakh as Interest in a year. And I have one house which one part is self occupied and one part I am giving for Rent (Monthly Rent 9000). So my question is how can I claim this for my TDS deduction, What is the maximum I can claim under housing loan interest both self occupied and let out property ?

Thanks in Advance

Hello all,

I have a query regarding 80G(5)(iii) i alrady have a provisional registration upto AY 2024-25.

Can we file Form 10AB for permanent registration of 80G and 12A after 6 months of commencing activities? or we required to file again form 10A? plz advise
we are filed the Form 10AB now office is rasing the query that as the six months have been passed you cant file the Form 10AB for 80G(5)(iii)
Officer asking for the maintability / alloawibility of the Application

Pls advice ..

Thank you in advance====

Dear sir / madam
We have filed few HSS BOE's using our AD Code and few BOE's using local suppliers AD code. We made payment to local suppliers in INR and in turn they made payment to overseas suppliers.

In both the cases, these BOE's are not knocked off in the IDPMS and our bank is also not aware of the procedure. Could you please help out on the procedure on how these BOE's could be cleared off in the IDPMS.

There is a clause "UNCLAIMED TDS" under TAX PAID Schedule. Kindly let me know the very purpose of this clause and how far this clause can help the tax payers.