Answers On Category: Income-Tax
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 Assets f.y. 24-25 rs: 10 lacs Decreases value liabilities 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.
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The pagdi property is more than 50 years old and have also received notice from BCM for structural repair. We (tenant) had multiple meetings with the land owner but he is neither ready for repair nor he is ready for redevelopment. In such case according to law what is the tenant right to go with redevelopment where the land owner is not ready for same.
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while selling tenancy rights, is it allowed to claim indexed cost of tenancy on zero cost ?
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Can you please suggest easy way to calculate it for ay 13-14; 14-15; 17-18;18-19 etc ?
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If CA of seller refuses to furnish form 26A, what is the remedy to buyer to save disallowance for non -deduction of tDS ?
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IS it mandatory to accept cheque from bank account of buyer only or can payment from 3rd party or even NRI is allowed ?
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can they claim expenses incurred for object against income even if treated as AOP ?
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can one claim 54F only against LTCG on some shares and c/f LTCL on other shares to next year ?
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IS CIT[A} bound by remand report of AO, if it is in favour of tax payer ?
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If one does not utilize amts deposited in capital gains scheme for more than 3 years, whether 1] how can one withdraw it after 3 years or m more ? 2] what are its tax implications ? LTCG or stcg? in which year? 3] can one again claim 54/54F against sums withdrawn by making fresh investment ?
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Gross receipts declared rs:25 lacs or rs:20 lacs as per sec 44ada f.y.24-25