Hello, I own a commercial property which is rented for a warehouse/storage unit. Monthly rental is Rs 25,000, with the new budget effective from 1st Apr 2025 (i read about increase in TDS limits for rented property); does the TDS is supposed to be deducted on rent or tenant can transfer the complete rent i.e. Rs 25,000?
Thanks!
sir,
A Doctor Gross receipts income rs:25 lacs and personal expenses rs:5 lacs and A Doctor is not maintained account records for professional expenses
Increases value Assests f.y. 24-25 rs: 10 lacs
Decreases value liabilites f.y. 24-25 rs: 5 lacs
Personal expenses rs:5 lacs f.y. 24-25
Question:
A Doctor Gross receipts show amount rs:25 lacs or rs :20 lacs declared for itr return purposes.
I have retired in August 2024. Now I am self employed as an expert with govt of India earning consultancy charges only. What is the maximum I can earn to avoid GST. When should I withdraw my EPF as I am not in a hurry to withdraw. What will happen to EPF interest as far as income tax is concerned. Thanks and best regards
Payment of TDS deducted for purchase of property can be made through cheque if buyer of such property covered under Provision of 44AB in last year(A.Y. 2024-25)? (Notification No. 34/2008)
When registering as an ISD do I need to Add APOB in the ISD registration of the state where i am registering as an ISD or if I use same Principle place of business as the normal registration i ISD do i still need to add APOB(Additional Place of Business).
We got exemption u/s 80G of the IT Act for the A.Y.2024-2025. Actually we have to file Form 10AB within last 6 months. But now time is lapsed. But we are not filed 10AB till date. Now we have to file 10AB from the A.Y.2024-2025 or A.Y.2025-2026. What to do. Please suggest me.
I am selling a land @Rs. 380 per sq ft. (which is actual market rate in the area) but the stamp duty value is Rs 1080 per sq ft. Can I write an application to Assessing Officer to refer my case to valuation officer before transfer of capital asset? Or the such application to Assessing Officer can be only made if my case has been selected for scrutiny?
A TDS return of 2015-16 is to be revised now. can it possible
Dear Expert, Any need to changes in PARTNERSHIP DEED regarding new section 194T.
Please help.
One of my client started his business in march 2025 & have turnover of 99.24 Lakhs in FY 2024-25, all the sales are credit sales and the Payment will be received in parts in FY 2025-26 all through banking channels only actual profit is around 3-4% only but still we are opting 44AD for FY 2024-25 what will be the presumptive rate applicable 8% or 6%? As the sale is classified as credit sale. (Payment will be received in parts in FY 2025-26 all through BANKING channels)
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
TDS on property rent