tusharthosar
17 July 2023 at 20:20

Tution fee deduction salary person ?

मै सॅलरी पर्सन हू.
फॉर्म नंबर 16 मै ट्युशन फी deduction नाही लिया है .
तो मै ट्युशन फी का deduction 80 c मे लै सकता हू क्या?
या सॅलरी exemption
section 10(14) (ll) मे लेना चाहीए ?
please solution?


VINAYAK ASSOCIATE

DEAR SIR, I HAVE RECEIVED INTEREST ON FDR IN FY 2022-23 WHICH WAS CREATED 5 YEARS BEFORE. NOW I WANT TO FILE MY ITR BUT THE INTEREST BREAKOUT AS PER 5 YEARS , CURRENT YEAR INCOME IS NOT TAXABLE BUT CUMULATIVE INTEREST INCOME IS TAXABLE.
SO CAN I GET RELIEF UNDER 89(1) OR NOT. AND IF NOT THEN WHAT IS THE PROCESS TO GET TAX RELIEF. PLEASE SUGGEST


Kollipara Sundaraiah
17 July 2023 at 19:12

Two pan cards surrender options

Sir,
It assessess two pan cards at present one pan card surrender.
Question:
Assessess pan card surrender to local jurisdiction officer only or any other option.


Divya Sharma

I live in a rented flat in Noida, U.P., paying a rent of less than 2 lakhs per annum (INR). The flat owner is an NRI residing in Dubai, UAE. I understand that India has a Double Tax Avoidance Agreement with the UAE.

Please advise whether I, as a tenant, am liable to deduct TDS before paying rent every month to the NRI owner. If yes, then how much is the deduction and how should I go about the formalities of deducting and depositing this amount to the tax authorities? The rented flat is for residential use only.


AUDITORS EDAPPAL

WE HAVNT PAID TDS FOR THE FOURTH QUARTER CAN WE PAY AND FILE TDS FOR THE SAID QUARTER DURING THE FINANCIAL YEAR 2022-2023


akl
17 July 2023 at 16:22

Deduction u/s80D

Sir,
I had paid three years premium online for my health insurance last year itself to avail discount. However I claimed deduction for only one year premium charge last year u/s80D. Can I claim 2nd year premium deduction u/s 80D in current year & for third year next year?The yearly premium claimed is less than 25K.
Thanks & Regards
Ashok


suryadipsinh mori
17 July 2023 at 14:54

About condonation request

If the time to process the return u/s 143(1) of i.t act is over, it is deemed that the condonation request, if any, has not been considered (or) has been rejected by the DIT(CPC).

What does that mean ?
Itr has submitted on july 29, 2022 which is whitin the due date.
But anyone explain me above paragraph..


MaajidShaikh
17 July 2023 at 14:29

Income Carry Forward

Dear All,

I am an partners in 1 LLP.
I am having Income of 38 Lacs during FY 22-23 with TDS credit of 3.80 Lacs but in my 26AS Income reflected of INR 42 Lacs and tds 4.20 Lacs because my client considered 4Lacs provision and paid tds on it for April 23 Invoices.

So do I need to shown turnover of 38 Lacs of 42 Lacs in Income tax ?


SHAHNH
17 July 2023 at 12:45

Proof of Deductions

Hello Experts!

A Very Senior Citizen wants to claim Deductions under section 80 DD, 80 DDB; filing ITR2 under old regime.
Does he have to upload (is there a provision in the return filing system) certificates / prescription, etc. at the time of filing / submitting the return or have to keep it ready in case it’s asked for later as he has approached the treating Doctors for their stamping but will take some time and due date is approaching.


CA Nidhi Kanabar
17 July 2023 at 12:08

44AD -income tax act

Hello

Please clarify below my query
Financial year Return Filed under
2017-18 44AD- presumptive Scheme
2018-19 44AD- presumptive Scheme
2019-20 44AD- presumptive Scheme
2020-21 Audit -44AB(e)- 44AD(4)-As business Loss, turnover is approx 32 lakh
2021-22 Audit -44AB(e)- 44AD(4)-As business income is less than 8% , Turnover is
approx 67 lakh
2022-23 Turnover is approx 51 lakh and profit is more than 8%

kindly solve above query shall i carry tax audit even though profit is more than 8% and turnover is less than 1 cr. for the Fy 22-23 under which section shall audit applicable







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