Do we have to report all investments when filing ITR-1, even if there is no income tax liability after claiming deductions for investments?
Respected Sir,
I am Paying my Tax Liability by myself in the form of Advance Tax ,instead of TDS through my office.Office clerk says that by doing office may get I.T.department notice.
My question is 1) Really such notice can serve department to office.
2) Can I deposite tax on office TAN with my name sothat I can prove deposite tax is filled by me.
Under which heading should I create Credit card ledger since maintaining personal a/c
Dear Learned Experts
Warm Greetings
Can an NGO, that holds 12a and 80g registrations, donate funds from its CSR allocation to another NGO with similar objectives?
Other special allowance 10(14) error in TDS return-error code 6351
can somebody plz help
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Head: Capital Gain out of Long term residential property
No exemption availed, straight forward tax to be paid
Seller: (1) Mrs. J (75% share) mother
(2) Ms. N (25% share) daughter
Buyer: (1) Mrs. R (100% share)
Case summary: (i) capital gain has been rightly shown in Mrs. J (75%) and Ms. N (25%)
(ii) TDS credit has been claimed accordingly of 75% and 25% in both
(iii) But, buyer Mrs. R has deposited 100% TDS credit on the PAN of Ms. N only. Hence all the 100% credit is reflecting in 26AS of daughter Ms. N
Problem: (i) As we have claimed 75% tds credit in Mrs. J there is a shortfall credit of 75% in Mrs. J
(ii) As we have claimed only 25% credit in Ms. N there is an Excess credit of 75% in Ms. N
Return status: (i) As on 14/05/2024 rectification order has been passed by local AO where Mrs. J has not been provided with any credit of 75% as there is no credit reflecting in 26AS of mother Ms. N
Query: What would be the way that Mrs. J can get the credit which is excess in Ms.N?
CAclubindia
Error solution required