Long back in 2012, my father had sold one of our house inherited from my grandparents as an immovable property. The entire transaction was carried transparently and we had received cash in terms as bank deposits from the owners. My grandparents had 3 sons out of which my father is the youngest. Now 4 days back we got an letter subjecting to non filing of IT returns based on my father's pan card. Please advise what to do.

How many times one email ID with different phone numbers can be used for registration at income tax e-filing site ?

Sir
My brother had deposited total Rs. 2,14,000 in two of his bank accounts (Rs. 200000 in one account and Rs. 14000 in another account of different bank) during demonetization. The money he deposited was borrowed from friends and relatives for meeting expenses of his daughter's ensuing marriage. He does not have taxable income as he runs small shop of petty things.

Please advice whether deposit of Rs. 214000 in bank during the period of demonetization entails in compulsory filing of ITR? He does not want to file ITR as he does not have taxable income and he assumes that if once filed, there would be a liability of filing ITR every year despite not falling in taxable income group.

Please provide your valuable opinion in this regard.

Regards

Dear Sir,
If assesse has presumptive income u/s 44ADA, and gift income of Rs. 11 lacs. Then he can file itr 4 for the AY 2017-18 or
he has to file itr 3?
Please clarify.

have doubt in the income tax return filling.

for assessment year 2016-17, filled IT return before due date and I got refund for the same.

But subsequently, we checked further deduction in TDS with my account, shall fill revised return by now.

As well as shall fill IT return for assessment year 2017-18 by now, or need to wait for previous year revised return that shall fill the same.

Sir,
I am salaried class assessee. I filed my ITR on 31-Mar'17. Unfortunately I mentioned wrong amount of salary or tax deducted by the employer. As a result it was showing tax to payable by me. Further, I have not done the e-verification.

I have filled up the ITR for the AY 2017 18 which is correct.

Someone can suggest how ITR for AY 16-17 can be correct & two ITR can be submitted?
Regards

I have 2 houses, one is let out and has no loan taken on it but other is self occupied and has loan interest of 4.5 lacs paid on it during the year. Since I can only claim benefit of 2 lacs u/s 24(b) on self occupied though interest paid is 4.5 lacs, can I show the second property of self occupied as let out to my brother as say I have let out 2 rooms to him at 7,000 per month to be able to claim complete 4.5 lacs as deduction u/s 24(b)?

person living in mumbai on rent and his family living in banglore(Own house) how we will compute income from house property?

if company not give benefit of house rent. can i take benefit in ITR.

Respected Sir ,

My client's Gross arrears salary is (3,12,085)
Deductions
--------------
PF (29,605)
Income Tax (10,000)
SIP (7750)
========
Net arrears Salary Received 264730

for Claiming Releif u/s 89 , Gross arrears salary Considered or net ??

Thanking You