1] if more than 1 executors are there, what will be rate of tax MMR or slab ? 2[ case law ?
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In a case where the TDS credit is reflected in Form 26AS but the corresponding TDS amount has not been accounted for in the books of accounts in the current year and is instead accounted for in the next year, let's understand this with an example: The TDS credit is claimed in FY 2020-21 while filing the income tax return, and the same credit is reflected in Form 26AS for FY 2020-21. However, the TDS is recorded in the books only in FY 2021-22. The question is: In which year is it legally and logically correct to claim the TDS…
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Mr A has not withdrawn any rupee from bank after receiving Rs 50 lacs in bank . What is his income u/s 44ADA ? Mr B has not withdrawn any rupee from bank after receiving Rs 2.9 cr in bank . What is his income u/s 44AD ?
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Is this order eligible for revision u/s 264 ? any case law ? if revision u/s 264 refused, what to do ? If rejected on merits u/s 264 what to do ?
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Sir, A Doctor (landlord) has rented out their hospital premises to another doctor (tenant), who provides healthcare services there. The tenant doctor earned ₹40 lakhs from a healthcare trust for medical services rendered, but the payment was mistakenly credited to the landlord doctor’s bank account. TDS under Section 194J was deducted, and this amount is now showing in the landlord doctor’s AIS (Annual Information Statement), linked to their PAN. The healthcare trust has stated that it cannot change the PAN or reissue the TDS certificate. For income tax compliance, how should the ₹40 lakhs be correctly transferred from the landlord…
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I am engaged in the activity of collecting pathology test samples from customers and transporting them to Golvilkar Metropolis Health Services Pvt. Ltd. for further processing. I am neither a qualified medical practitioner nor does I perform any diagnosis, analysis, or consultation. My role is limited to logistical support. I am just providing logistical or support activity in the medical field and does not make the assessee a professional under section 44ADA. Kindly provide the case law.
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Individual is engaged in Management consultancy and has opted for 44AD. Can a individual opt for 44AD rendering business consultancy and if yes or no, give a case law or notification which specifies the same.
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To The District Collector, Prakasam District, Andhra Pradesh. Subject: Request for Custody and Legal Adoption of a Girl Child – Reg. Respected Sir/Madam, I, B. Sai Nikhila, wife of B. Venkata Sai Chaitanya, aged 26 years, residing in Ongole, Prakasam District, respectfully submit the following: I was married in 2019. Due to medical complications, we are unable to have children. Hoping to adopt, we explored legal options through CARA but couldn’t proceed due to age eligibility. While exploring legal options, a known RMP doctor from Guntur approached one of our relatives, informing that a young college student had delivered a…
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My father is an ex- service man, when he retired he received gratuity amount( tax free for govt employees) and he invested it in mutual fund, he also received pension only for 5-6 months, total tax payable as calculated by CA is zero. Due to health issues he could not file the ITR for that year. Now a tax demand notice ( huge sum) has come along with penalty proceedings. Only came to know after my father got call from IT department. How to solve this issue. Earlier also notices were issued but we were not aware as registered email…
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My mother passed away recently. She was predeceased by my father, who died a few years ago. I & my brother are the only children our parents have left behind (We have documents like Ration card, Birth certificates etc. to prove the same). My mother is the whole & sole owner of a property (A flat in a registered co-operative housing society) located in the state of Maharashtra. She has nominated both her children with 50% share of each for the said property. We want to sell out the property now. The legal advisor of the society has clearly told…
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