We filed returns correctly for the A.Y.2023-2024. But, we got below mentioned error for every Educational Society / Trust claimed exemption u/s 10(23C)(iiiad) for the A.Y.2023-2024. Please suggest us.
Schedule:
Part B2 (Part B TI) & Schedule IE-4 & Schedule OS
Error Description;
Income due to disallowance of exemption under clauses of section 10 entered at Sl. No. 1(e) of Schedule OS is less than the difference between the "Gross receipts" in Sl. No. 3 of Schedule IE-4 and exemption claimed in Part B2 of Part B TI. Hence, the amount mentioned at Sl. No. 1(e). 'Income due to disallowance of exemption under clauses of Section 10' in Schedule OS is recomputed accordingly.
Hello Sir,
I am two flats, both are rented out. For both properties total home loan interest paid to near to 9 Lakh. Can i claim tax benefit on entire 9 Lakh. Which ITR form i need fill.
sir,
If a business person accounting records maintained used for tally accounting software some months closing cash balance negative showing.
Query:
Cash balance negative amount undisclosed income treated in it act.
Dear Sir,
Is NRE account required to be reflected in Income Tax Return in India? This is in view of the fact that Assessee is filing the return in the country of residence abroad and also in India for income arising in India.
Kindly Advise!
Thanks & Regards
Dear Experts,
In case of HUF , turnover = 30L approx and net loss around 2L. Will tax audit be applicable for FY 23-24?
Regards,
Error Message : Refund request can be submitted for OLTAS challan (s) where available amount in challan is equal to or greater than ₹1. '' This error has been showing when Add challan and click on view challan details.
Pl help
Notice to pay 234E (delay for filing TDS return) for FYs 2012-13 & 2013-14 received. I believe this is not payable for the periods before 01.06.2015. There are many decisions favouring this. Though I have not filed any appeal, can I deny payment quoting these decisions?
Sir.
One of my friend has local and export service. While calculation taxable turn over ,export of service is exempted or add to total turnover in the case of Income taxable payments uder 44AD.
Please advise.
Mr A's Return has been defective for not verifying return within 30 days. Whether there is any option of withdraw the same return and file new return ?
or any other procedure to make such return valid ?
Date of purchase of unger construction property 1 is Aug 22. If I sell Property 1 in Sep 24 (i.e. more than 24 months) will this be considered under long-term capital gain & can I reinvest this capital gain in under construction property 2 (date of purchase Nov 23, possession date: Dec 27)?
Construction project investment: Capital gain can also be invested in a construction project. However, the construction must be completed within three years from the date of the sale to avail the exemption. If not completed within this period, the exemption will be revoked, will this clause be applicable as the possession of the 2nd property is beyond 3 years of date of sell of property 1?
Please Reply me Sir
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Adjustment u/s 143(1)(a) for the A.Y.2023-2024