VIKAS KUMAR SHARMA

Dear Sir,
Land is acquired by NHAI for expansion of High Way 2-LANE Into 4-LANE and compensation is given to beneficiary is TAXABLE UNDER INCOME TAX ????
Land is also acquired by INDIAN RAILWAY for new RAIL LANE, money received by beneficiary is TAXABLE OR NOT?????


Keyur

Sir/Madam
One of my clients have salary income around 15lacs yearly.
He wants to save tax payable by way of donation given to political person. > Can anyone suggest me that it is faith full or not??
> How to make political contribution i.e online or offline??
> How to know which political party are register u/s 29 , so we can get deduction from gross total income?
> What is the limit for political contribution for fy-2022-23??

Thanks in advance for prompt support


Vinay Vaidya

The AY 22-23 ITR offline utility won't allow entering negative numbers or numbers in brackets to signify a capital loss in a given quarter. The overall yearly number is positive (gain) but for a specific quarter there is loss. Can anyone suggest how to handle this situation


Aditya Ghatge
21 July 2022 at 10:15

ITR 3 Filing in details

My Client is having an Income from Business and Profession (both) and he is unable to maintain his books of accounts. Now I have to file his ITR in such a way that he shall not be in receipt of Notice from Income Tax, kindly advice.


SHYAM KRISHNAN K

Can we use ITR U for revice my ITR. My ITR has been filed with an additional income, which is not earned by me. Tax return preparer has takan all income appeared on my 26 AS and the same include an income which is not earned by me. How it possible to rectify the same. Filed on AY 21-22


Ramaswamy Thiyagarajan

Dear Experts,
we have received defective intimation under Sec.139 (9). To rectify the defective return the system requests to rectify offline after downloading the filed return in JSON. The return in JSON format could not be opened after downloading. The error message is "application error". Kindly guide me on how to solve this problem. The stipulated period to file a revised return has lapsed.

With Thanks & Regards,
Ramaswamy.T


Kollipara Sundaraiah

Sir,
A resident Doctor professional income (online teaching classes) received from USA and professional income from India.
Question:
1Assessess it returns two or one filed
2.USA income show procedure in it returns


PRIYA
20 July 2022 at 20:53

Bank account validation failed

I have brought forward short term capital losses. On checking the bank account details in income tax login one out of my three accounts shows validation failed due to account pan IFSC linkage. If I file my return with the validation failed account will my return be considered defective and will my losses be eligible to be carried forward?


Aditya Ghatge

Dear Sir,

While filing an ITR-1 unable to find the deduction u/s 80D mentioned within Form 16, but an Assessee is in possession of Policy Document consisting of claiming a Deduction shall I consider his plea and grant him a deduction u/s 80D, kindly advice.

Warm Regards,
Aditya Ghatge


CA Pooja P

Is it mandatory or optional to show gift received from relatives under exempt income while filing the return? What if we file the return without showing the same?






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