PLEASE SOLVE MY QUERY

[SEWA SINGH DHAMI]

Query

 

‘X’ owns a plot of land measuring 1000 sq yds.  The cost of acquisition of the Plot is Rs. 1,00,000/-, i.e Rs. 100 per sq yds. ‘X’ entered into an agreement for the sale of the said plot for Rs. 10,00,000/- (Rs. 1,000/- per sq yds).  He received  Rs. 2,00,000/- as advance money (Rs. 200/- per sq yds).  The balance amount was receivable after 3 month of the date of  agreement of sale. However, the buyer of plot did not fullfil  his part of   the agreement.  As per terms of the agreement ‘X’ forfeited Rs. 2,00,000/- which was received by him as advance money. What is the status of taxability of Rs. 1,00,000/- ( Rs. 2,00,000/- – Rs. 1,00,000/-) if at all the said amount is taxable. 

 

 

Regards,

 

Sewa Singh

 

[ANJINI AGRAWAL]

Dear Group Members,

 

I have filled up Form 24Q for 4th Qtr. On validation the following error is being displayed.

 

Line No	Record Type	Batch No	Challan Details Record Number	Deductee/ Salary Detail No.	Error Code	Error Description
6	Deductee	1	2	2	T-FV-4007	Invalid Deductee Detail Record number
8	Deductee	1	3	3	T-FV-4007	Invalid Deductee Detail Record number
10	Deductee	1	4	4	T-FV-4007	Invalid Deductee Detail Record number
12	Deductee	1	5	5	T-FV-4007	Invalid Deductee Detail Record number
14	Deductee	1	6	6	T-FV-4007	Invalid Deductee Detail Record number

 

I feel this is due to the fact that there must be some place in the form asking for no. of challans and deductees like in earlier Forms 26 and 24.

 

Kindly help in solving my problem.

 

Regards,.

 

Anjini K Agrawal

09331033952.

Kolkata.

 

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[Visvanathan Sivaraman]

Dear AA,

In the sheet "deductee details" and the "SalaryDetails" there is a coluum asking for EMPLOYEE Serial number {Column C} FIll this column with any Pure number like 1,2,3 etc.[ that means ALPHABETS should not be a part of this like A-001 etc]

recreate the Form24Q4 and validate with FVU2.095

sivaraman

[Visvanathan Sivaraman]

Dear AA,

In the sheet "deductee details" and the "SalaryDetails" there is a coluum asking for EMPLOYEE Serial number {Column C} FIll this column with any Pure number like 1,2,3 etc.[ that means ALPHABETS should not be a part of this like A-001 etc]

recreate the Form24Q4 and validate with FVU2.095

sivaraman

On 7/12/06, ANJINI AGRAWAL <anjini...@yahoo.co.in> wrote:

[K.Sankarasubramanian(Finance/TVS-E)]

Dear Friends

 

What is the final decision of this forum to the query i.e. if the company has no TDS for any employee during this Apr-June 06 quarter, should we file NIL Return or can we take it that NO Return is required to be filed ?

 

I am wondering how to file a Nil return in eTds mode ?

 

Pl reply

Thanks

 

K Sankarasubramanian		Taking IT to the heart of India
Senior Manager - Finance TVS Electronics Limited 20 Feet Road, off. Mount Poonamallee Road, Nandambakkam, Chennai 89.		Tel : +91-44-4227 5752 Fax : +91-44-22329533 Mob : Mail : k.sankaras...@tvs-e.in Web : www.tvs-e.in

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[jsaj...@gmail.com]

file a nil rtn

 

rgds

jsatrade

[Santosh Dhoot]

Just file a NIl return

 

No deductee details

No Challan details

 

only deductor details

 

--
-Santosh Dhoot

[Visvanathan Sivaraman]

Dear KS,
Were you filing Q returns earlier?
If so then file NIL return.
If u do not, then you will get a P. Chidambaram's Threatening letter.
I am sure u must be seeing such threatening advts in papers.

Y get into the PC's scarp book???

sivaraman v