Dear Sir,

With respect to above mentioned subject line request you to kindly let me know what will be the Tax Treatment for Virtual Digital Assets. Is it mandatory to provide Feedback in AIS before 31 Mar, 2023 or it will be fine to provide Feedback during submission of Income Tax Return for A.Y. 2023-24.

Warm Regards,
Aditya Ghatge

Respected sir/ madam,

I am filing Form 10A for re-registration on income tax portal for claiming exemption under section 12A of Trust/Society as per Circular No. 6 of 2023, dated 24th may,2023, which extends the due date for filing re-registration of claiming exemption.
As the section code for re-registration of existing trust/ society for claiming exemption under section 12A is 01-sub clause(i) of clause (ac) of sub section (1) of section 12A. but this section is not showing while filing the form 10A.

Therefore, requesting you,please give suggestions regarding this error and suggest for any other section regarding re-registration under section 12A of trust/society.

Hi,
I have received invoice from vendor in Mar-23 amounting to 53,100/-
Taxable : 45,000/-
IGST : 8,100/-
Total : 53,100/-

We have deducted the TDS @10% amounting to 4,500/-, and now TDS return also has been filed.

But we haven't initiated remaining payment after deduction of TDS. For some issues in service we want to raise debit note for entire invoice, so what will be the effect of TDS in Debit note.

Should we revised the TDS return or collect TDS amount from vendor ?

Hello,

Suppose, I am foreign citizen and Non resident since 15-16 yrs and hold PAN card so is there any rule to update my residential status as per income tax site India. basically I have bank account(NRO) in India but income is below taxable limit hence I am not liable to file income tax return in India.

please guide in this matter urgently whether do update my resident status without filing of ITR to income tax site , shall I apply for New PAN as foreign citizen and surrender old PAN?

when i am trying to uploaded excel form on income tax portal 15g then showing date format error

i am not filled within due date ITR AY-2022-23 , but now i want fill this then i want know which under clause fill ITR . pls say me thanks

Sir,
Purchase land , dt 27.2.18
co owner property A.& B
Pur.Total Amt 580000/-
A.290000/- B 290000/-
Sale Total amt.295000/- dt.30.11.22 One person sold.
Received amt A a/c. 147500/-
B. a/c.147500/-
Itr 3 filing A Plot pur.A. 290000.
Sale total amt.295000 one person 100% But ITR filing which sold amt consider? Pur.property owner A 50% B 50%? Sale amt.A.147500& B.147500 LTCG Calculate? & ITR . full consideration value? Cost of acquisition without indexation calculation? Index
Total stamp value purchase. 580000/-
A.calculation.290000/272*331=352904 B.calculation.290000/272*331=352904 LTC Loss A -205404 & B -205404 ITR. Correct calculation ? Please. Sir .

Whether Govt. Office having TAN do the repairing or renovation work in the building and do not have any contract with the person but pays the amount equal to say 3Lacs then TDS under section 194C is to be done or not ? If not then why ? and if yes then Why ? Please give your reply with justification.

Dear Sir,

I had filed an Income Tax Returns for an Assessee from A.Y. 2021-22 & onwards but unable to file Returns before 2021-22 i.e. for the period from A.Y. 2018-19, A.Y. 2019-20, A.Y. 2020-21 now I'm finding the Pending Actions from A.Y. 2020-21 & before, kindly advice.

Warm Regards,
Aditya Ghatge

1. Brokerage 2. Securities Transaction Tax ( S.T.T) 3. Stamp Duty 4. Stock Exchange Charges 5. Depositary Participant Charges 6. SEBI Turnover Charge 7. GST, etc

Whether these expenses related to purchase /sale of shares
In the case of purchase of shares to be added
in the case of sale of shares to be deducted.
While making journal entry of purchase and sale of shares.