J
Jayanta Bhattacharya
We have sold our old house and I have been reported for SFT in this year's (i.e. FY 2019-20) Form 24AS. Also I have made a few payments towards purchasing a new Flat which started in 2018 and will complete in 2021.
Under these circumstances, in which year's (this year or next year) ITR should I inform about the selling and purchasing?
I have been reported for SFT in this year's Form 24AS. Can I mention the payment received in next year's ITR? Will 1 year be allowed by CBDT?
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You need to report sale in three year in which you have transferred possession and registered sale deed.
You can book consultation at: https://www.taxontips.com/tax-notice-personal-consultation/
Please connect on +91 9830375894/ canavinjain1@gmail.com
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Syed
Sir I'm using 3 credit cards a limit of 3lakhs and spending it every month for my business. I swipe card to purchase goods from departmental store. I'm earning a margin of 5 percent.what is the percentage of tax I should pay to government. All my customers make payment through cash.
Tax will depend upon the net income you earn. Please connect on 7045760379 on Monday for further discussion
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Faiz
If any one have paid rent to two landlords of amounts below Rs. 1 lakh each (for eg. Rs.1.8 lakh in total). Do I still need to submit the PAN details of both my landlords to my employer for claiming the HRA exemption?
V
Vipul
R
Raghav Chaudhry
I have received notice u/s 245 and i do not agree with it as I have already received favorable order from appeal commissioner. need help in giving proper reply to CPC.
Section 245 notice is for adjustment of demand with refund.
If it's still active for reply you can book consultation here: https://www.taxontips.com/tax-notice-personal-consultation/
Please connect on +91 9830375894/ canavinjain1@gmail.com
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