Shan Harshad
14 August 2024 at 15:05

Incometax notice

You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate form. Thus, the required schedules for reporting incomes pertaining to said TDS sections are not present in your return of income filed in form no. ITR-1.


94C deduction in my 26 As ( I have passenger vehicle (car) , it running with in contract for a Govt. Office. )


nitin

Sir,
Builder is paying Maintenance charges on average Rs 3 lacs on unsold commercial units to Society. Is TDS applicable or note on these transactionm, if not, please give the rule/ circular no.
Thanks & regards


shinu
14 August 2024 at 14:47

Companies name requirements

Is there any rule regarding that for getting a name for company it necessary to have two words?

Eg... Z X pvt Ltd?

Can't we get Z pvt Ltd


Umashankar

Total value of the resale property is 1.15 crore
2 buyer
1 seller
Please clarify the below points only for 1 buyer :-
1.Date of Agreement/Booking - Would it be sale agreement signed date from both the properties OR registration date OR the stamp duty certificate issue date
2.Total Value of Consideration (Property Value) - 1.15 cr or 57.5 lakh
3.Date of Payment/ Credit made to Seller - Date on which paying 0.5% TDS
4.Amount paid/credited currently (B) - Would it be 57.5 lakh or 57.5 thousand(0.5% TDS for 1 buyer) or 1.15 cr
5.Total stamp duty value of the property (C) - Would it be 57.5 lakh or 57.5 thousand(0.5% TDS for 1 buyer) or 1.15 cr

kindly help with it



Kollipara Sundaraiah

sir,
It assessee sale of paddy income rs:285000/- (agrilculture income ).but assessee expenses claimed acutal or standard deduction(estimated 30%) less on agrilculture income correct procedure.


Marimuthu
14 August 2024 at 10:13

Credit Note received on RCM invoices

Dear Expert,

01.The GST Registered person has received from the service provider ,for which he has paid the GST under RCM.
02.Later on, he has received the credit note for that RCM amount, which was paid by the registered person.
03.Now how the GST components on the credit note for RCM, shall be processed under GST return?


SRIKANTA
14 August 2024 at 09:49

80C Deduction On Postal 5 Year RD

Sir Post office 5 year rd comes under 80c or not


MATTA CHANDRA SEKHAR
13 August 2024 at 19:20

Income Tax 123

1. ITR return filed without claiming the 80D in original return.
2. 80D claimed and filed revised return with refund.
3. I received No Tax due intimation from Department.

How to claim my refund please resolve the issue and thanks in advance.


Shrikant Savant
13 August 2024 at 18:24

ITR refund issue

Sir, There is a quarry in respect of my IT Return filed that:=
"ADD / VIEW AUTHORISED REPRESENTATIVE (AR) ".
Exactly what they want? How to reply the quarry?
For want of this information they have not paid refund amount till date.
Please guide.
Thanks in advance , Sir.


aarya

we are exporter and filed PMT 03 for inadmissible amount , we want to withdraw the pmt 03 which we filed already , please advise further.