Getarex Hey

I need professional second opinion. I had filled an income tax appeal in feb 2024 through a lawer/CA. Since then I have been asking them when will be appeal heard and they saying that they have not received hearing notice. As year 2024 ended and finacial year is about to end also in 20 days I am worried sick so I asked them again they said same thing again but after that I received following message on 6 March 2025. Am I right that they forgot to do something earlier and wasted my time ? I can not confront them without professional opinion.

Thank You very much for your time.



1 Feb 2024
Informational Message :- Fw: [ITBA]Enablement of Communication Window

6 March 2025
Response to Notice ID ITBA/NFAC/S/62/2023-24/1060361890(1) successfully submitted

Response to Notice ID ITBA/NFAC/S/62/2023-24/1060355811(1) successfully submitted


Shantanu Bose
09 March 2025 at 17:58

ITR-U for AY 22-23

I didn't file my ITR for AY 22-23 although my gross income was above basic exemption limit bit net tax liability was nil. Now I've received sms and email from CBDT to file ITR-U for AY 22-23. My question is what consequences I might face if I don't file ITR by 31/03/25 ?
Thanks


sanwara agrawal
09 March 2025 at 12:56

Gift of property by son to father

I gave some lacs of rupees to my son through bank transfer for purchase of a residential flat some years ago with the condition that he will return money in instalments without interest. He is not returning money but now ready to transfer that flat to me as a gift deed. Whether this transfer of flat as gift from son to father will be taxable under income tax act in the hands of father.


Rajnish Sharma
09 March 2025 at 12:42

Query on Form 26B

Hi, My transaction is of double seller and double buyer. I am making the last installment of payment and have deposited tds of previous installment and during last installment I am getting following error.

Total of ‘Total amount paid/ credited in previous installments, if any (A)’ + ‘Amount paid/credited currently (B)’ cannot be greater than value present under field ‘Total Value of Consideration’

Pls help to resolve and understand. Thanks


jignesh sitapara
08 March 2025 at 15:12

Regarding Cash Transactions

How much limit of cash transactions to SUNDRY CREDITORS & Debtors ? under IT.


Suresh S. Tejwani
08 March 2025 at 14:34

regarding section 234c.

A taxpayer has paid 100% of his assessed tax as advance tax on 15th march. But he has not paid any advance tax in QTR-1, QTR-2 & QTR-3.
Is he liable to pay interest u/s 234C for QTR-1, QTR-2 & QTR-3 in this case scenario?


NB
08 March 2025 at 12:50

Clubbing of spouse's income

Refer to the below article on clubbing of spouse's income

https://economictimes.indiatimes.com/wealth/tax/income-from-asset-transferred-to-even-your-daughter-in-law-will-be-clubbed-to-your-income-and-will-be-taxable-in-your-hand-in-this-case-says-income-tax-dept/articleshow/118685554.cms

Can colleagues help explain that if gift to spouse (monetary or otherwise) is not taxable, then how can return from such gift in the form of income be clubbed with the giver's income.




Varun Dhimanpro badge
08 March 2025 at 09:31

Adjust penalty under Section 139(8)A

Whether penalty under section 139(8)A can be adjusted under Rebates of Section 87A


naveen kumar
08 March 2025 at 06:30

Penalty u/s 271AAC(1)

If total assessed income 10 lakh includes addition of Rs.7 lakh u/s 69 of the act. How we calculate penalty u/s 271AAC(1) of the Income tax act? Plz reply.


Varun Dhimanpro badge
07 March 2025 at 17:22

Update ITR U

How we file updated ITR without penalty of Rs.1,000/- when assessee already submitted ITR but now submitting increased income with increased tax but below income of Rs. 5 Lakht






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