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Sarcastic Aloo online
27 July 2024 at 09:51

Self help group trust taxation

Which ITR form is applicable for a self-help group trust (they purchase agricultural produce from village farmers and sell it to the government)
and how to show income related to it


suresh kumar garg

Sir, I am a salaried employee and filed ITR1 Or ITR2 in previous years. In the F. Y. 23-24 having income from " Intra day trading" I have to file ITR-3, & opted out from new regime & got acknowledgement number & date. But now I want to file under new regime. So advise me can I do it. If not whether I have to apply for "opt in". I have not filed ITR date.


memon javed
26 July 2024 at 23:55

44AD AND 44ADA Return Filling

one of accountant files return under presumptive Section 44ADA From last 5 Years

For F.Y. 2023-24 alongwith accounting Practice he Started online selling of Mobiles .

My question is can he file return under both 44ada and 44ad for accounting income and Mobile selling income respectively ?


motilal purohit
26 July 2024 at 21:00

Self assessment deposited

sir i have submit ITR 3 & verified with option tax pay latter and now i have deposited tax amount please tell me how to submit challan details as challan no BSR code etc..


Gaurav Vaidya

Hi,
Is variable dearness allowance part of calculating leave encashment? Same should consider while calculating exemption ( avg salary of 10 months) ? Please guide in detail..


ketan
26 July 2024 at 19:45

Defective notice u/s139(9)

i have income from Receipt of fees for professional or technical services (Section 194J)

from ARCELORMITTAL NIPPON STEEL INDIA LIMITED (SRTE00025E) Rs.217700 TDS deduct Rs.4355

i was filled ITR4 BUT received notice

which ITR FILLED ? and income mentioned in which head ?


Aditya Ghatge

Dear Sir,

An Assesse wants to claim Relief u/s 89(1) of Income Tax Act, 1961 and wants to know that whether is it necessary to File an Income Tax Return on yearly basis or it will be fine to Claim Relief u/s 89(1) while submitting an Income Tax Return on Adhoc Basis. Kindly advice.

Warm Regards,
Aditya


Prakash Dayani
26 July 2024 at 18:36

Dividend Error in ITR 3

Geting this error in filing ITR

In Schedule OS/ Schedule EI, the amount of dividend income mentioned is cannot be more than
the dividend income reduced from Schedule BP;#;Kindly ensure that dividend income mentioned in
schedule OS or schedule EI should be equal to dividend income reduced from Schedule BP." while validation of ITR-3.

The solution which i came across so far says that " OPEN THE PART-A PROFIT AND LOSS ACCOUNT AND EDIT
14(iii) AND write the DIVIDEND amount in and save the data.Second Open the Schedule BP and Click 3
and click edit and enter the Dividend amount here also save the data. Third Same amount in Schedule OTHER INCOMES. "

This sounds fair but what happens in case where a person does not maintain a P/L account and has chosen to report
presumptive income.. Why should that person at all be entering anything in " PART-A PROFIT AND LOSS ACCOUNT " ?


VIKAS KUMAR SHARMA

SIR a housing property was sold (65 lac) in april 2023 sold by individual and TDs was deducted US 194IA and in october 2023 purchase another housing property (1 Cr)by name of own and his daughter-in -law. He did not open capital gain account and use saving account for all sale & purchase transaction.
how to treat above mention entry in ITR?
Regards
Vikas


ARUN GUPTA
26 July 2024 at 17:56

Sales zero during fy 2023-2024

My sales was zero during fy 2023-2024 .I am a registered gst proprietorship firm in West Bengal .Do I need to pay professional tax for fy 2014-2025 since my sale is zero.If I need to pay how much should I pay professional tax? Please clarify







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