Krishna
01 March 2022 at 19:48

44 AD OR 44ADA

one having income as "ayurvedic massage receipts"; can he opt 44 AD or 44 ADA ?


Amandeep Singh
01 March 2022 at 18:25

Bank account not validated


Dear Sir,

During filling ITR i have mention three bank account apart of 3 account 2 account not linked to my income tax account. i have done many validation requests but not validate
so suggest me what to do in case.




ARUN GUPTA

Our auditor filed audit report for fy 2020-2021 . Depreciation of Rs2000/ shown in profit and loss account but was not deducted from laptop and value of laptop as b/f on 1/4/2020 was shown.
Now for fy 2021-2022 how will we rectify this error? What value of laptop to be shown on 1/4/2021 ? Please clarify?


Husseini
01 March 2022 at 12:08

Deduction under 80CCD (1B)

Can state govt. employee get additional deduction under 80CCD (1B) of Rs.50000/-
Salary as per below
Basic Rs. 437600/-
DA Rs. 74392/-
other allowances ( incl HRA,TA,DCPS) Rs.200168/-
Total Gross Salary Rs. 712160/-
Investment
80C - LIC,NSC Rs.150000/-
80CCD(1) - Employee Contribution Rs.51834/-
80CCD(2) - Employer Contribution Rs.72444/-


Dimpy

Please help me with the following matters
1. Hardship money received from developer in case of redevelopment is taxable or not? Also how to record the same in tally?
2. Rent received for alternate accommodation in advance taxable or not? Also if taxable under which head? Income from House property or IFOS? (Rent received from developer is not spent on any other alternate property)

Thanks in advance


Rajendra Hegde
28 February 2022 at 16:58

Taxation on LIC amount

Dear Sir/Madam,

I have purchased LIC Policy of Rs. lack. now maturity amount 2 lacs in which bonus of rs 25 k included. tds also deducted. Pls. explain me how much amount is taxable ?


konjeti deepa

Hello everyone,
I'm unable to upload CSV file on income tax site for bulk verification of PAN under section 194N. Could you please give suggestions for file format and anything that need to be take care for uploading.
Thank you


Naveen Kumar

Hi,

We have used the Third party warehouse for storing our raw materials , now Third party raised the Invoice and mentioned Warehouse charges in the Invoice, can please advise Tds is applicable under Sec 194C or 194I


sankar ponnan
28 February 2022 at 13:05

TDS in case of GTA

Sir / Mam

We are GTA ( P Ltd)
We do not have any own vehicles
We are renting of all our sub-contract vehicles to another GTA.
Here, We are the sub-contractor to that GTA.
They are ready to deduct the tds on our payment.
Is it applicable?
Plz let us know the right solution
Thanks in adv


aarya
28 February 2022 at 12:28

Rent CALCULATION

having 3 let out property , out of 3 let out property one is commercial let out property which is vaccant for last one year , so should we considered approximately rent of this commercial let out property to calculate taxable income , and how to calculate approximately rent .






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