I mentioned wrong TAN number in TDS schedule in ITR3 for A/Y 2021-22. It was pointed out in Intimation received u/s 143(1) in month of April 2022. I now want to request for rectification. Under rectification, the facility to rectify TDS mismatch is not yet provided. Do not know when it will be available. My refund is held up. Alternative suggested is to use option of rectifying by correcting data in the return filed. This option is available in off line mode. I do not know if it will allow correction of TDS schedule. I have downloaded Json file from the return filed, but I do not know how to open it for correction. Can some one guide me step by step how to proceed?

In FY 2020-21 i opted New regime and filed I.T.Return. Now in F.Y.2021-22 i want to Opt Old Regime. Can i Change Regime from New to Old.

Respected Sir,
The goods were exported as follows:
10-09-2021 US$ 88,909 ( 9 months have passed till date)
09-11-2021 US$ 79,783 ( 7 months have passed till date)
Total US$ 168,692 = Rs 12,315,665

The buyer has flatly refused to pay the aforesaid amount with no reason. I want to claim bad debts for the whole amount in profit & loss account for the year ending March 22. I would like to know whether such a claim is allowable or certain formality of RBI is required.

The assessee has a contract to supply material to ongoing repair works at Kedarnath. The daily Payments to laborers is 500,000 (Approx) in cash ranging from 500 to 800 persons & mules per day.As the people don't have bank accounts the payment is to be made in cash only.

The cash is being withdrawn from bank & tds being deducted thereon.

Can the tds be waived by the Income tax as the cash payment is inevitable due to remote area and other reasons
Also will Income tax leavy any penalty towards cash payments

I done trade in only FNO and Loss 80000/ from Turn over only 80 Lacs in FY 2021-22 with all digital transcation and no any other income so when I fille for AY 2022-23 ITR-3 upload, Message shows Your income less then 8 % and you need to Audit I have no any other income. why this message show.
As per rules for audit is above turn over 1 crore and total income exced above basic exemption limit then audit is require. so please give proper answer.

The assessee sold Ancestral land via plotting in parts & constructed a house after completion of land sale & consumed all the sale price in construction.
Can we treat the said sale as capital gain or should we take it as a Business Income.

The assessee has not been filing any itr for the past 10 years as there was no Income.

Do you have ITR-5 in excel format ?? Couldn't get the same in internet.

Honourable Bombay High Court in the case of Emcure Pharmaceuticals Limited V/s. Assistant Commissioner of Income Tax Central Circle 2(1), Pune and Ors. in Writ Petition No.5293 OF 2022 decided on 05.05.2022 has in Para 5, held as follows:
5. In view of the above, wherever the assessment order has been passed those assessment orders will stand quashed and set aside. So also the consequential orders/notices.
My query is that whether the quashing of assessments made in the cases of petitioners alone or all the cases where assessments have been made pursuant to notices issued between 1.4.2021 and 30.06.2021 shall stand quashed.

Please guide.

Dear Sir/Madam,
We have a trust founded for agriculture related programs.

Please inform the Income Tax return number to file its returns.

Thanks

Even after repeatedly downloading the latest "ITDe-Filing-2022 Setup 1.1.4", every time when I upload my Return (after successful validation), the message I get is : "Schema error occurred while uploading your Form. Please try later".

Can somebody help, please ?