We paid the tax on rent u/s 194IB for the FY 2022-23 on May 31st. Along with rent, we also paid the late paying interest. But while filing the 26QC for the same, when we select the Date of Payment and Date of Deduction as 31st May 2023, the FY was auto populated as FY 2023-24. When we tried to file a correction statement, we were able to change the FY to 2022-23 only if we make the Date of Payment and Date of Deduction as 31st March 2023. Kindly advise us if there is any way to make the FY as 2022-23.

while filling ITR 3 I have not entered any amount under SEC 80U Sch VI . During validation the error comes"In Schedule VIA, deduction u/s 80U for self with severe disability cannot be more than the maximum limit of Rs.1,25,000"

Dear sir

My actual salary is Rs 12 Lakhs
My employer shown in 26AS as 26 Lakhs, TDS ded Rs.1.1 lakh

I intimated to my employer , he said he will revise

As due date is very near 31st July, shall I file my ITR with actual values

Please advise

U/s 44AD - Presumptive Scheme. How can we categorize payment rec'd in cash, Bank, tds & bad debts under 6% & 8% ?

Hi Team, I have a query on carry forward losses. If someone has loss in FNO in FY2021-2022 and he has filed ITR3 with loss. But in 2022-2023 he has not done any fno trading only has capital gains .So, current year which ITR he should file to get the carry forward losses from previous FY. Whether carry forward losses will be shown in ITR1 and ITR2 also?

Dear Sir,

My friend has received Rs.3.85 Lakhs in Cheque (TDS) deducted, 3.10 Lakhs in cash

Shall he file ITR - 3 & show receipts in No account case, declaring Exp @ 40%.

Please advise

I selected wrong assessment year and minor head while paying self assessment tax challan for AY 23-24
I have submitted letter to AO for correction in challan 24-25 days ago but corrections have not yet been made
In this case ,I may receive demand notice, how to reply it?

I got arrear of Rs. 1,32,000 of previous two financial years (FY20-21& FY 21-22). Previous two financial years my income tax was nil. Now due to arrears my income increased to 10 lakhs. Though i filled form 10e but i am not getting any relief in tax under section 89a. What should be done to get tax relief due to arrears?

80U - Maximum deduction will be of 75,000

Even i have not entered it

I have tried all things with it i.e. added 0 in there, deleted it, even enter 75,000 and try to generate

It is not solving at all

Dear Experts.
I read Notification No. 31/2023/F. No. 200/3/2023-ITA-I issued by the Ministry of Finance on enhanced the exemption limit on leave encashment. There is an explanatory memorandum which is " It is hereby certified that no person is being adversely affected by giving retrospective effect to this notification". Is this sentence giving retrospective effect to all past tax payers to claim exemption?