Astaf Mansuri
31 March 2022 at 15:33

Form 10A FOrm 10AB

I have two trust one is old trust which was registered under income tax act for 12A and 80G in the year 2010. Now in this case I have filed form 10A on new portal, after few days I got form 10AC “order for approval” in case of 80G and “order for registration” in case of 12A. I think this is my final registration order. Now shall I have to apply for 10AB?
Another trust which I have formed in 2021, for that I have applied for 12A and 80G in form 10A in January 22, in this case I have got the provisional order for registration” and “provisional order for approval” for 12A and 80G respectively in the month of February 2022. Now for final registration do I need to apply in form 10AB ? if yes then what is the time limit to apply ?


Kollipara Sundaraiah

Sir,
It returns non filing person mobile sms received from it department e-campaign /pending/ non filing of returns in f.y.20-21
Sft -004 cash deposit in bank sb account rs:16 lacs .but assessee rs:16 lacs amount different clients received after clients gst and it tax pay through on online mode used purposes.
Question:
Assessess it returns filed compulsory or reply filed only in f.y.20-21.


123456
30 March 2022 at 22:04

Regarding TDS Refund status

Sir, I had filed for TDS refund in the month of Oct 2021 and was expecting refund in Dec 2021, but its already March 2022 end, so far i have not received my Refund in my Bank Account. please let me know where to check the status of my Refund and what is the procedure. Thank you very much.


Kollipara Sundaraiah

Sir,
It assessee purchase of agriculture land rs:5 lacs pay amount through on cash mode in f.y.14-15.
Question:
Assessess sec 269t violation provision in it act.


Nayeemulla S H
30 March 2022 at 15:34

TDS on Work Contract and TCS

Good Afternoon Professionals,

Our firm is non audit case for Last Financial Year but for this year our turnover is crossed threshold limit so we have to audit but my query is we made payment to contractor of Rs. 1,31,000/- in current year, 1)for this amount should we need to deduct TDS or not. If yes then please let us know the percentage and 2)we paid more than 50 Lakhs to some suppliers should we collect TCS on it.
Thanks and hoping for suggestions.


samson samuel

Dear Sir,
As per the broker the bonus shares sold by me is a long term transaction whereas in AIS the same is displayed as a short term sale. Before filing return I checked the dates displayed in P&L and accordingly taken it as LT sale . Return processed already
Should I need to give feedback in AIS and show a disagreement in this case


Bapun Dasgupta
30 March 2022 at 14:30

National Pension Scheme (NPS)

My client is saving with NPS. He does not have net banking facilities. His son wants to pay the contribution through his own net banking (i.e., through the son's net banking) facilities to his father's NPS account.

If the son does a NEFT through his own account for his father's money, will the father get benefit of the same in his NPS account ?

Shall be thankful if someone can answer this urgently.

Regards.


Komal
29 March 2022 at 22:31

QUERY RELATED TO WHEN TO FILE 10AB

I HAVE FILED FORM 10A OF A NGO WHOSE APPROVAL HAS BEEN GRANTED ON 16.08.2021 FOR 5 YEARS. THE NGO ALREADY HAS BEEN CARRYING OUT ITS ACTIVITIES BEFORE AFORESAID PERIOD i.e. EVEN BEFORE FILING FORM 10A. NOW I WANT TO KNOW WHEN TO FILE FORM 10AB FOR MY NGO.


Jeevs

I filed Condonation of Delay with CIT for late filing of ITR for 3 years asking for delay to be condoned so that I can claim TDS.

CIT has denied by Condonation application. Now, what options do I have? Can I approach Income Tax Tribunal or Do I need to file with another agency?

Please help.


Swapnil

Hi ,

I have one query regarding case where record date of dividend declared by company & actual receipt of dividend by an individual assesse falls in different financial years

For example XYZ Ltd declared record date for dividend on Shares as 28 Mar 2022.
But actual payment of dividend to Shareholders will be in April 2022

Now in this case , Dividend in hands of individual assesse in FY 2021-22 or FY 2022-23

Please advise






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