If an Individual / company donates land to a charitable trust registered u/s 12A of the Income tax Act, would the individual / company eligible for getting exemption u/s 80G? If yes, how would it be calculated?
Answer nowI am a service provider & I earned from service provide Rs. 42000×12 = 504000/- for the F.Y. 2016-17 I paid to my staff Rs. 4000×2 = 8000×12 = 96000/- than what's my income tax & How ?? Plz explain...
Answer nowI file my TDS return, but now a deductee converted into LLP from Private company. Now how can file these corrections.....Thanks in advance.
Answer nowI am filing my own return on line. My income is within 10 lakh. ( Pension+Interest on TDs+STCG from stock market)
This year while filing the return I tried to down load XML file. Following message displayed.
Quote : At line number 1288. Invalid content as found starting with element ‘ITRForm-Movable Assets’.One of ‘( http://incometaxindiaefiling.gov.in Immovable flag)’ is expected.... unquote.
I h ave a residential house which is self occupied. There is no other immovable. I have selected applicable sheets schedule HP and AL as N in home page of ITR-2.
Please let me know whether these two schedules are to be filled and validated though there is no income from my immovable.
Hi All
I am a grain merchant. I file TDS online on a monthly basis.
I recently realized that I have been submitting my TDS under the wrong MAJOR head (0020-Company Deductees instead of 0021-Non Company Deductees). But the funny thing is that I never received a notice from the Income Tax Department about the same.
What should I do about it? Or I should just leave the matter and start filing my TDS under the correct MAJOR head from now on?
Thanks in advance.
Hi experts. My relative has opened 1 year FD for Rs 100000 on 1-12-2016.Interest recivivable is Rs 7196 on 1-12-2017. While filing itr for AY 17-18 whether interest should be shown proportionately or only after receiving on 1-12-17 I.e for A.Y 18-19. Please guide me. (TDS NOT DEDUCTED). Thanks in advance.
Answer nowi received income from contractee as contract basis that amount is 847522 in F.Y 2016-17. they are directly transfer to my bank account in every month..so i want file ITR-4, where shouid i show my income in the ITR-4 ??
Either
1).Through a/c payee cheque or a/c payee bank draft or bank electronic clearing system received before specified date
or
2). Any other mode
which option is better to show my income in ITR Return-4 ??
as depositing of first installment of advance tax is 15 June...if somebody fail to deposit on last day...or he will deposit on 16 June is it considerd in first installment or in second installment? please reply
Answer nowmy Form 16- A for TDS deduction RS 4560/- not issued by CA Firm on behalf of Client. As 7 Digit Alfabet no of Form 16 - A is requred to be filled in ITR form 2 or form 4 , i will not be alliwed tax CR by ito untill i fill 7 Digits of Al0ha nos of Certificate in Itr Tds 2 Col 4 in under Head Unique Cer5.no . Às 26 Shows çr of 4560/- .Can I get Cr of TDS in my ITR w/out Unique 7 Digit Alpha Cert no pl.k8ndle Guide me ple OPGoyal
Answer nowRESPECTED SIR,
I HAVE FILLED ITR 3 ASSESSMENT YEAR 2017-18 IN EXCEL UTILITY AND GENERATED XML FILE WHILE UPLOADING RETURN IN INCOME TAX E FILING ONE ERROR XML SCHEMA INVALID.PLEASE UPLOAD THE XML IN THE CORRECT SCHEMA.AT LINE NO 2477: INVALID CONTENT WAS FOUND STARTING WITH ELEMENT ITR FORM: MOVABLE ASSET ONE OF (HTTP//INCOME TAX E FILING GOV.IN/MASTER IMMOVABLE FLAG IS EXPECTED SHOWS.KINDLY RESOLVE ISSUE. I WILL BE VERY THANKFUL TO YOU.
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