Aditya Ghatge
17 November 2022 at 11:28

Consideration of ITR for Sanstha or Trust

Dear Sir,

Kindly let me know which ITR should be considered for E-Filing in respect of Sanstha or Trust. Also, do let me know what is the context of Form No. 10AC with regards to Income Tax.

Awaiting for your kind response.

Warm Regards,
Aditya Ghatge


Thomas Joseph

Invalid hash value error is shown in ITR U while uploading from excel. Please guide how can it solve the issue.


SHYAM KRISHNAN K

TDS payment for the month of october has been made through income tax portal, the challan regarding the same has not made available on any where. Is there any scope for download TDS challan from IT portal


Milandeep Singh

My friend went to Canada almost 200 days (more than 6 months) back as his PR got confirmed.
He won a lottery for a million dollar.
Do he need to pay tax to Indian govt.


Venkateshwarlu Pulluri

Good evening all, can a person purchase agriculture land by making payment in cash up to 2 lakhs


P.Madhivadhanan
16 November 2022 at 12:54

Gift to nri relatives

An assessee an indian resident wants to gift to his NRI son Rupees ten lakhs as gift. The assessee earned income out os his salary and retirement benefits from govt. Is it allowable under FEMA. Is it exempt under income tax act. What formalities to be followed


Sandeep Kumar P

I have received an intimation U/s 143(1)(a) for the proposed adjustments as below :

There is inconsistency in amount mentioned in return at Sl. No. 5(a) of Part A OI "The items falling within the scope of section " as compared to amount mentioned in clause 16 (a) of audit report

Facts of the adjustment:
In Form 3CB-3CD i have declared the renumeration recevied from a partnership firm Under Clause 16(a) -The items falling within the scope of section 28;

However, in IT return have disclosed the same under point No.24 of schedule BP and not in Point 5(a) of Part OI-The items falling within the scope of section

Please advise the correct head of reporting the aforsaid income in Form 3CB-3CD and in IT return.


Neel Sharma

Hi there, I am an owner of a residential flat in Maharashtra. I am having registered leave and license agreement with my tenant. My tenant wants me to sign a NOC for him to register a Pvt Ltd company on this address. He is saying he will not do any commercial activity from here and this address is only for registration. He can sign an underwriting for not doing any commercial activity. Looking for a legal and/ CA advise.


pranali Sarangdhar
15 November 2022 at 11:30

For 26QB correction

While making a tds payment on sale of immovable property, I made a single payment for 2 co-owners (husband and wife sellers), hence entire sale and TDS amount is seen under one owner's name. Now Income tax has rejected the TDS return of the seller as he had stated only 50% of sales amount whereas 26AS is showing entire 100% of sale consideration. What needs to be done now in this case?


Student
14 November 2022 at 20:07

Gift received from Joint Acct

Hello Sir,
Kindly inform that I(First holder) and my wife(second holder) hold joint savings acct. If I give gift from this joint account to my real sister then any tax implications on my sister as it is joint account with my wife. Can I execute gift deed and state that this gift exclusively made from my fund. Please guide. Thanks in advance.






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