Dharmendra Kewalramani

Sir
I submitted the two different e-verified 10E form for Ay 2023-24 but I still not submitted the Itr for the same, Now which is the 10E considered as right one?
With regards
Dharmendra K. Kewalramani


Proloy Samaradivakera

My daughter has an NRI status and has received dividends from HDFC Mutual Fund for Rs 15032 u/s 196A and tax at 20%+ as given in 26AS. While filing tax - this amount needs to be entered in Sch - Other Sources (OS) under the sub-section 'Income Chargeable at Special Rate'. While choosing the sub-category under this sub-section I am getting two relevant options
to choose i) 115A(1)(a)(i) - Dividends in case of non-residents and ii) 115A(1)(a)(iiab)- Interest as per Sec 194LD.
In AIS Summary the amount is shown under 'Income in respect of units of non-resident u/s 115A(1)(a)(iiab)' .
Under which sub-category will I enter the dividend amount under the subsection Income Chargeable at Special Rate' ?


Sanjay Fuloria

"Value of off market credit transactions of unit of equity oriented mutual fund (RTA)" appears on my AIS. Transferor name is mine. Consideration Value is 0 and the status is active. I haven't sold this. What are the income tax implications?


DEVENDER KR GOEL
03 July 2023 at 20:23

Error 4336 in tds ret 27q

how to remove error 4336 in tds ret 27 q


sudhir ch. saha
03 July 2023 at 18:49

EFiling of Return

Sir,
I am not a income tax professional . Every year I mysrlf file my return . Can I file return for my son and wife from their Login .

I would like to know one thing more . If I-Tax payable is greater than TDS in a return - how I-tax would be paid / adjusted .

With regards,
Sudhir Saha


Exclusive Content

Greetings,

I wish to know what is the limit of amount a private limited company can take exemption for the interest paid on the unsecured loan taken (Please note that this loan was from the Director to the Company)

Regards


Aanand Jha
03 July 2023 at 17:43

FMV2 Under Rule 11UAE

We have Purchased Assets of Rs. 100 Crore on credit at the begging of Financial Year and at the end of FY we sold all purchased assts as a slump sale for cash consideration of Rs. 100 crore. What will be tax liability?

Apparently it should be zero but when we calculate capital gain as per the provisions of Rule 11UAE we have capital gain because FMV2 is Rs. 100Crore and the Net worth is Zero.

Can any one solve this puzzle? If so i will be obliged


Aeysha Encilatta
03 July 2023 at 16:39

Remove registered income tax account

Hi,
I already have one income tax account but mistakenly create another account with same PAN number. Now I don't want that account. How to remove the second created account?


Suraj

Dear Sir/Madam,

Mr A had a flat in a building in Navi Mumbai that was not in good condition. So the Flat fetched a lesser price (Rs. 23 lakhs) than the market value as per stamp duty valuation (Rs. 29 lakhs). The condition of the building was really not good and also had many municipality and water problems.
My query is as follows:
1) Is there any transaction limit for reporting the sale of a flat in ITR even though it fetches a lesser price? I mean sale price is just Rs. 23 lakhs and there is also no capital gain then is it necessary to file the return?
2) Will Mr. A get a notice from the IT dept as the sale price is less than the market value as per the registrar?

Kindly guide.
Thanks & Regards,
Suraj


ARITRA CHAKRABORTY

If a videography is taken for appraisal of class taken by Lecturers, under which section the tax will be deducted at source from the payment?

And what will be the nature of such service?






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