Mrs. R, being owner of the building, enters into an agreement of joint development with Mr. E, and Mrs. R will receive one flat and Rs.15,00,000 as consideration. She will also receive Rs.50,000/month towards rental compensation. Mr. E deducted TDS on all the payments made. Is rental compensation received under joint development agreement taxable? TDS deduction made by Mr. E on payments of Rs. 50,000. Is it valid deduction?
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Whether builder developer is required to deduct tax on amount paid to the existing members by way of rent for alternative accommodation as well as corpus and other sum paid as part of development agreement?
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A resident paying rent to NRI, deducting TDS @ 31.20%. However at the time of filing return (form 27Q), he did not mention the PAN and straight away mentioned “PAN not available” At what rate TDS is deductible ?
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i use the pre-filled data to file my itax return. i download 26AS data from traces and find that there are many entries missing . e.g. the tds and income from income tax refund (of previous year) is shown in 26AS but is missing from the pre-filled data similarly there is a difference in credit amount and TDS shown in 26AS and pre-fill data for some bank interests thus the tax paid amount calculated by pre-fill data is less compared to actual deducted and reported by 26AS how to fix this
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As an insurance agent, my TDS got deducted under section 194d, can i file return under 44ada
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SIR, வணக்கம்.நான் ஒரு ஆன்லைன் கேமிங் நிறுவனத்தில் விளையாடி ரூபாய் 6 லட்சம் வரை இழந்திருக்கிறேன்.அந்த நிறுவனம் மோசடி செய்கிறது என்பது எனக்கு தெரிகிறது.நான் போன 2023-24 ல் நான் அவர்களிடம் கட்டிய பணத்திற்க்கு 28 சதவீதம் GST அரசாங்கத்திற்க்கு கட்ட வேண்டும்,அதை அவர்கள் ஒழுங்காக கட்டியிருக்கிறார்களா என்று RTI ல் எந்த சட்டத்தின் படி கோரிக்கை வைப்பது மற்றும் நான் விளையாண்ட போட்டியில் ரூபாய் 10000 த்திற்க்கு மேல் வென்றவர்களிடம் 28 % TDS பிடித்து அரசாங்கத்திற்க்கு கட்ட வேண்டும்.அவர்கள் அதைசரியாக கட்டியிருக்கிறார்களா என்று RTI ல் எந்த சட்டத்தின் படி கோரிக்கை அல்லது மனு வைக்கலாம்.மேலும் நான் கலந்துகொள்ளாத போட்டிகளில் அரசாங்கத்தின் TDS ஒழுங்காக கட்டியுருக்கிறார்களா என்று கேட்கும் உரிமை எனக்கு உள்ளதா என்பதை தெரியப்படுத்தவும் நன்றி D.Kalyanakumar
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Dear sir, On Import of goods, we need to paid ocean freight and commission paid to foreign companies is liable to deduct Tds. Please clarify
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Sir, Is tds under section 194q applicable in case of a buyer whose income is exempt u/s 11?
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Let me know TDS Liability in case of Import Freight paid to foreign shipping company
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Assessee is charitable trust having object of Education . During the year due to financial difficulties could not make the payment of TDS in time , however before receiving any notice from the department paid the TDS along with the interest . Now PCIT has issued SCN U/SEc. 276B/276BB of the Act. Assessee trust has submitted detailed reply stating the reasons for delay . however the PCIT has decided to initiate the prosecution proceedings . whether he is justified in law ? is there any remedy available ? whether the assessee should filed the WP before the HC? pl guide
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Rental compensation received under joint development agreement