I just want to know time barring date for assessment of individual for FY 2020-21,21-22 and 22-23 along with extract of relevant sections.
I've filed my original return for AY23-24 in the month of July.. have filed larger HRA value by error and got a refund. Now i'm trying to submit an updated return with correcting the HRA value to right value. I'm getting an error while trying to upload the JSON "Caught error description as null". I'm trying to use the desktop utility but i couldn't input the refund that i got during the original filing in Part B ATI. I'm hoping to fix the errors from the previous filing and submit the updated returns asap. I paid the difference amount along with interest already.. but i couldn't add the previous year refund and submit the form.
SIR
MR A FILED IT RETURN FOR THE ASST-YEAR 2023 -24 IN JULY 24.ASST-YEAR 2021-22, AND 2022-23 HE FILED NEW REGIME. THE ASST YEAR 2023-24 FILING TIME HE WRONGLY SELECTED FOR WITHDRAW. SO HE FILED FOR OLD REGIME. MY QUERIES IS HE FILED REVISED RETURN NEW REGIME ?
THANKS
Suppose I purchased a land for Rs 10,00,000. Stamp duty and registration charges paid by me for Rs. 1,00,000 and brokerage paid by me for Rs. 10,000. After 2 year I sold this land for Rs 17,00,000.
What is cost of acquision to calculate LTCG. Weather it is 10,00,000 or 11,10,000 (1000000+100000+10000) or 10,10,000 (1000000+10000) or 11,00,000 (1000000+100000).
Dear Sir/Mam,
One of my client got married recently and the girl to whom he got married used to stay in Ireland from the past 2 years and became an NRI. She had earned salary income in Ireland during these 2 years and now want to transfer this money in India as she will now permanently stay in India.
My query is will this money be taxable in India and apart from transferring money to her Bank account in India can she transfer this money to her husband too who is an Indian resident. The total amount she earned in Ireland is around Rs. 20 lacs when converted to Indian currency.
Please help me to resolve this matter.
Thanks,
Divyesh Jain
Hi
I have sold a land for 72 lakhs by POA. How to show it in ITR. Can get tax exemption on the LTGG if I invest the money in purchase of new flat?
Thanks
Under IBC resolution I have received some cash and some Security Receipts (SR) and Optionally Convertible Debentures (OCD) against SREI NCDs. These SR and OCD will mature over a period of 5-8 years. While calculating Capital Loss on SREI NCDs, what should be the realization value - cash amount or cash+SR+OCD?
Sir,
For 194C limit of Rs30000/- and Rs1,00,000/- including GST or excluding GST. Please clarify.
Hi
I am going to purchase furniture from Dubai for a cost of Rs. 50 lakh. What would be the statutory compliance to which I should adhere? as per the Income Tax Act, Customs Act, and FEMA Act.
Thanks in advance.
An army officer gets reimbursement of approved medical expenses incurred in a private hospital for his parents, Will the amount so received from employer be included in taxable income as perquisites or will it be exempt ? Kindly advise
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Time barring date for assessment of individual