Hi Sir/Ma'am, I'm filing my ITR3 and getting the following error during validation. The "Gross Dividend" detail was prefilled. Dividend Income must be equal to 1a(i) of Schedule OS - DTAA of Dividend - System calculated value of Interest expenditure u/s 57(1)] of Schedule OS

TURNOVER IS 70 LACS AND PROFIT IS TWO LACS .LESS THAN SIX PERCENT. WHETHER AUDIT IS REQUIRED OR NOT.

Dear Sirs,

Query on ITR selection for an Individual (FY 2022-23)

Salary Income Rs.3,35,900/-
Savings Interest Income Rs.17,628/-
Short Term Capital Gain – (Rs.40,079/-) loss – from equity shares

Speculative (Same Day Squareoff):
Total Sell Value Rs.19,59,767/-
Total Buy Value Rs.19,40,668/-
Gain Rs.19,099/-

Kindly clarify which ITR to be selected.
I was advised to file ITR 2 and asked to club STCG loss & speculative gain, totaling a loss of Rs.20,980/- and report in Schedule CG under Short Term capital Gain (111A).

Is this the right way to report.

Thanks.

An individual has taken secured loan from bank and has given that loan amount to his relative as unsecured loan, now how should interest amount be treated while filing return, the person to whom loan is given is deducting tds while making payment of interest but how both the interest be treated, on one side paying to the bank and on other side receiving interest from the other person, can we deduct interest paid on loan to bank from interest received from unsecured loan while showing interest in other sources income, how to show both the interest amount
Thank you in advance

Please guide as to how & where to show post office savings account interest of less than Rs. 3000in ITR2?
Is it to be included in the interest on savings account first & then shown as exempt?

Team,

If you choose e-pay later while filing ITR, do we have to wait for any acknowledgement from IT department to make the payment or choose e-pay tax and make new payment - if so which head do i choose - 300 or 400 . kindly advise. Regards, Mukund

Please guide as to how & where to show post office savings account of less than Rs. 3000 in ITR2?
Is it required to be included first under interest on saving account first & then shown as exempt?

TDS deducted and deposited on Property purchase now deal cancel and while filing the refund at TRACE all challan show consumed. what to do in this case if seller revise his ITR and delete that TDS challan in that case is the challn can be open as unconsumed challan or any other way. kindly advise.

I am getting the following error even though i have filled up all the details of the representative and have received approval for the representative "Since return is filed by a representative assessee then details regarding "Name of the representative, Capacity of the representative, Address of the representative and Permanent Account Number (PAN) / Aadhaar of the representative" is to be mandatorily filled."

An Hospital run by doctor as a Proprietorship under nursing home registered under her name though she not practices her own practice with hiring other professional doctor on professional fees, purchase machinery and other equipment for hospital, hire nurses, lab, medical, and other staff, paying rent, electricity is an Business or profession can she file business return with ITR 3 without 44ADA.