John Z
15 August 2023 at 15:59

Taxing of pic pension plus policy

does lic pension plus proceeds comes under section 10 10(d) of income tax act.
And if so

conditions for claiming lic pension plus maturity proceeds under section 10 10 d


Shubhendru Kumar

In the original return tax liability was zero and a full refund of the TDS deducted u/s 194O was due. Before filing the revised return, the refund status was still due thus we filed a revised return increasing the tax liability.
But Just a day before filing the revised return refund was received. The status of the original ITR is still "refund awaited". How do we pay off the liability, increased in the revised return?


naresh

for asst.2122, if itr was filed without audit report, (audit report was filed after itr was filed), exemption should not go right?
itr and audit report both were late,

my view--> if itr was late, they cant deny exemption
https://taxguru.in/income-tax/misinterpretation-section-12a1ba-cpc-lead-huge-tax-demands.html


ghosh
14 August 2023 at 19:39

F&O turnover and purchases

what is a F&O turnover and purchases , and how turnover - purchases = profit arrived at?


mohamed ali & co

Are persons working abroad required to file income tax returns in India even if their stay in India is less than 182 days and if their income is below taxable limit. DDIT issued notice calling for assets held abroad.
Can the experts throw light in this aspect please....


GOKULDAS KAMATH

My wife got her share of Rs.10 lakhs out of sales proceeds of agriculture lands in the name of her grandfather

Whether this amount is taxable income

If yes, what is the remedy available so that she need not pay Income tax on this amount


K.G.Shah
14 August 2023 at 13:23

Rent agreement with wife name

Sir
Mr A 35 year purchased flat in joint name Mr A and Mrs A. ( wife is house wife) .

Can he let out property and show rental income as his wife's income. Rent agreement done wife's name.
Since last 2 years he is showing income as wife income . Just to save tax .
Clubbing of clause affected ?
He is doing right ?
Please advise


suryadipsinh mori

If someone is running business and filed ITR 4 OR 3, whatever the case,
Then If He Scored Good Mark in Government Exams (State Or Central) Then Any Problem Arises In Getting Job ? Like He is already earning, Or He is already stable like that? OR Name not listed in merit list because of Filling Tax return like that?
Is there any case about that ? Please let me know


C.M.JAYSINGH
13 August 2023 at 23:42

Pesonal Account Examples

Could you give me the Personal Account Examples?


Athira
13 August 2023 at 22:30

Direct Tax itr

Actually I have filled my income tax and income tax department processed the same. Now I received a message saying my CRN expired. I did not generate multiple challan and my itr already processed so what does it mean






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