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Anonymous   31 March 2024 at 19:32

Inclusion or exclusion

Sir, when phrase goes as " from the date of receipt of notice" which means, whether the date on which notice is recieved is o be included or excluded ?

Nitesh Umate   29 March 2024 at 15:51

Capital gain tax

When I purchase the land it was urban agriculture land but 2-3 months before my selling of this land it become non agriculture land. So can i take exemption of capital gain tax reinvesting the money to another agriculture land?

Ankur Choudhary   27 March 2024 at 08:53

Gifted residential house

Sir I got a gifted residential house now I want sell it and buy other residential house now I will have to pay tax or not ? My house selling price is 10 lakh rupees.

visuiyer Online   21 March 2024 at 17:25

Pure labour service

Is there a difference between pure labour service and supply of man power service
both are taxed at 18%

if there is no difference there is an exemption in notification no.12/2017
under sl . no.3 (for pure supply of labour) and sl. 66 (for manpower supply)

if there is a difference, please share the difference with legal reference to it.

thanks for understanding

Ankur Choudhary   18 March 2024 at 08:43

House registry

If aunt give a house as a gift to his nephew then how much percentage will be charged for registry? My house circle rate hi 20 lakh and I am from rajsthan.

Ankur Choudhary   14 March 2024 at 18:03

Can aunt give a house as a gift to his nephew?

Can aunt give a house as a gift to his nephew ? If aunt give a house as a gift then nephew will have to pay tax or not ?

Anonymous   27 February 2024 at 09:25

Can any restaurant impose service charges on the food bill

I was charged by BBQ nation while having lunch at one of the restaurants of the chain imposed me service charges at the rate of 4.75% of the total bill and also separate GST imposed on the bill . Is it legal to charge this amount?

T harikishna   20 February 2024 at 20:01

Risk allowance taxable or not

The risk allowance paid to Veterinary doctors is taxable or fully exempted

venkat batchu   29 January 2024 at 08:12

Can i buy a new house in the joint name

sir, i am intending to sell my old flat and buy two new ones (as per latest rules, i think i can invest in two different flats or housing property) .. now, my wife wants her name to be also be included in the new property .. to be purchased to save Long term capital gains .. can i do it... without affecting my tax benefits...

professional   19 January 2024 at 21:43

Query on income tax

This pertains to my IT return for AY 21-22. I had filed the ITR return within due date (i.e. before 31st Dec 2021). The Due Tax payment (self-assessment Tax) of about INR 2 Lacs was paid within 4 days of the filing of Tax. I also paid interest of around 7000/-, as reflected in the Income Tax system, though no interest should have been applicable

Please let know whether I can file:

1) Rectification to update my challan for payment of INR 2 Lacs. I was told that last date of filing rectification was 31st Dec 2023, for AY21-22. Can you please confirm whether I can file rectification. In this case I am getting Tax due of around 35,000/-, as it is not capturing date of challan payment and calculating interest for delay. Actually, no interest should be applicable.

2) Updated return under 139 (8A): However, in this case, I am getting marginal refund of around 6500/- (nearly same as the interest amount I had paid), but since refund is not allowed under 139 (8A), I have to manually make it zero, before system allows the filing.

Please confirm whether 1) or 2) is the right way to proceed.