An Individual Assessee sells a residential property in 2020 and purchases a new residential property in the same year, thereby, claiming benefit u/s 54.

Now he sells the new residential property after 2 years but within 3 years, and plans to invest the entire proceeds in new residential property.

What will be tax implications ans whether exemption can be again claimed u/s 54?

is giving advance for some product like that we give for purchase of car as the product will be received after months and are we actually losing a potential income from that advance money

Read more at: https://www.caclubindia.com/experts/is-giving-advance-for-something-a-loss-2889319.asp

We have Deducted TDS (ADVANCE) from One Party Rs. 5000.00 (u/s 94J) , Dt. 23/11/22 now party submitted his bill Rs .50000.00 Dated 20/01/2023

Our Question is
1) Can We show this Transaction 26Q Return in Q3,2022
2) If Yes then which date mention in Date of Payment/Credit ,Date of Deduction in 26Q Return

What is the limit for Tax Invoice in Cash ?

Dear Sir,

FILING TDS RETURN AND GOT ERROR "T-FV-4301 Invalid value under field 'section/collection code'." WHAT TO DO?

THANKS

Sir, one of my client (GST Registered) has purchased a Road Roller for Rs. 15.00 lac and had given it to third party (Unregistered) on monthly rent basis. What Rate of GST is payable by me client ? Whether my client can avail ITC paid on purchase of above road roller ?

TDS Deduction Section, Rate and threshold Limit for payment made to film distributor

We have a 12A registered trust, is there any TDS under GST applicable when we undertake transaction above 2.5 lakh

Can register for Micro finance company under Section 8 ? IF yes, is there any new amendments that i should know before I apply for registration.

IF A COMPANY IS ELIGIBLE TO COMPOSE AUDIT AND NRC COMMITTEE, BUT HAS ONLY ONE INDEPENDENT DIRECTOR THEN WHAT SHALL BE THE COMPOSITION OF THE COMMITTEE IN SUCH A CASE?
OR
THE COMPANY SHALL OR SHALL NOT CONSTITUTE THE COMMITTEE WITH ONE INDEPENDENT DIRECTOR.