Suresh S. Tejwani

whether any disallowance in current year if TDS is not deducted on capital expenditure
or depreciation is disallowed ?


Nishant Gandhi
28 July 2023 at 11:24

ITC ON SOLAR PANEL

Respected Experts

Kindly guide me for the following

Shall we take GST ITC on Solar Panel which is fixed on our factory ?


Kollipara Sundaraiah

Sir,
It assessess agreement sell transaction f.y.22-23 and sale deed f.y.23-24.if transaction reflected in ais f.y.22-23.
Question:
Assessess transaction show in f.y.22-23 or f.y.23-24.


Asif Ali

Dear Sir,
Commission received in showing itr tds column by default income from other sources. Iske liye itr ka kon sa form choose karna chahiye aur kahan par show karana hai.


Mahabir Prasad Agarwal

May I shift to new Tax Regime now ? Although, Tax has been deducted and paid according to Old Tax Regime vide Form 16 Issued to me (Salary Income only).


Ranjit Shitole
28 July 2023 at 10:00

LOSS FROM F& O

If Assessee has loss from F&O in FY 22-23 which is first year of his loss and in previous Financial years he opt for 44AD for his other business(Milk Production) is tax audit u/s 44AB required or he continue to opt for 44AD for milk business and show loss on F&O and set off against Milk Business.


Sudipta Das

If the sale deed doesnot specify can we take percentage ownership of co owned property as 10% and 90% for two co-owners while calculating capital gains on sell of such property based on the fact that payments were received in that ratio.


Radhakrishnan K.V.

CBDT in the circular No. 13/2023 dated 26/07/2023 has allowed CCsITs to grant codonation of delay in furnishing ITR by Co-operatives for the AYs- 2018-19 to 2022-23. My doubt is that since the assessment for the AYs-2018-19 to 2021-22 are barred by limitation of time as per Section 153 what purpose would be served by filing return for these years, other than claiming refund if any and certain exemption u/s 194N?
Experts, please comment as your valuable suggestions would help the co-operative community all over India.


Vidit Sharma

I have recently registered and paid 2500 PTEC on 11/7/2023 for FY 2023-2024.
How can I make journal entry for this transaction?
Can consider it as an expense or liability?
For expense I know to just make entry from bank account to PTEC expense account.

If it is a liability, how to make the entry?


Kartik Kalia
27 July 2023 at 23:36

Pay Later HELP NEEDED

If I have filed my income tax return for AY23-24, but chose the option pay later. How do i pay the income tax outstanding amount?






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