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We had paid TDS against rent in assessment year 2009-2010. But by mistake
one of the pan no of the landlord was wrongly entered. Now the demand has
been raised. Please advise how to correct the situation.
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Hi all, I recently joint a pvt ltd firm which offered me gross 10000 salary Per month and 10.3%tds deduction on it. my net salary will be 9000. My question is my salary is not taxable then how they can deduct my tds? according to firm tds return will get me back after 1 years ? I am totaly confused with this pls guide me on this matter. Thanks in advance
Dear All, My query is related to capital gain on house property. If a pair of husband and wife have four houses in joint name comprising three residential house and last one is commercial property. Now question is that if they sold all property for Rs. 1.00 Crore and took a new residential property for Rs. 1.25 Crore. So are they eligible to full tax exemption u/s 54 and 54 f and they had to not pay any amount of Income tax? And they have also taken a Rs. 25.00 Lacs housing loan to invest the last one. So are they can take deduction u/s 24B and 80C as well? Please note that they have all property in joint name and share is 50% of each. Please guide me for this.
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