Ay 16-17 I had filed my income tax return in July 2016 but the deductor revised the TDS Return in Sept 2016 because of which Credit of TDS remained unreflected in my IT Return of Ay 16-17 but now in my 26-AS it has been reflected. Whether that much TDS Credit has been forfeited or can be claimed in my IT Return of Ay 17-18. Please guide me and oblige.
Answer nowI am trying to e filing ITR3 through efiling portal of income tax but I didn't find option of itr3 and there only option of ITR 1 and 4. Please help
Answer nowSIR AFTER UPLOADING XML FOR ITR 2 AY 2017-18 I AM GETTING MSG " PLEASE GENERATE XML AGAIN USING THE LATEST UTILITY"
KINDLY ADVISE
Dear Sir,
Whether Interest on Securities earned from a Limited Company is taxable under income tax.
Thanks,
Abhishek
Sir/madam, My son paid income tax for A.Y.2016-17 thro' bank challan online dtd.23/07/2016 & receipt was generated online. It was his first time. On 27/12/2016 a Demand notice by CPC,Banglore was received for payment of FULL TAX i.e.Rs.30323/-. When Challan was examined it was found that he had mentioned Wrong A.Y.2015-16 instead of 2016-17. HE shocked & DEPOSITED full tax demanded i.e.Rs.30323/- thro' bank challan under all heads/A.Y.This time all OK. Now, how previous AMOUNT paid by Previous challan could be Refunded/Adjusted. YET, HE HAS TO FILE RETURN FOR A.Y.2017-18. Please help my son,sir. Thanks.
Answer nowI have a Mod account in bank. Bank has deducted tds on interest on MOD account which is reflected in my 26AS statement. Now my query is whether I need to disclose only that interest amount and tds in ITR which is reflected in 26AS
OR
I need to disclose whole amount of interest of full year
Because tds deducted on some part of interest but actually interest amount is more than what reflected in 26AS
Sir/Madam,
I was received in bank rs 30000 by investing rs 20000 in online betting site and all transactions done through saving bank account.it attract any tax .if yes what is tax amount.
Please tell full details
Thanks in advance....
if a salaried person trade in f&o and his sale is 3.50 crore and incur loss then what will his turnover and what sale and purchase take in profit and loss A/c
Answer nowWhile uploading my ITR2 excel utility for AY 17-18 - the error message " the XML SCHEMA IS INVALID.PLEASE UPLOAD XML IN CORRECT SCHEMA..
AT LINE NO 137 : INVALID CONTENT WAS FOUND STARTING WITH ELEMENT ITR FORM PRE BANK DETAILS. ONE OF (HTTP:\\INCOMETAXINDIAEFILING.GOV,IN/MASTER" BANK DETAILS FLAG) IS EXPECTED"
PLEASE HELP ME
Is there is any restriction for cash sales..... Per day...... What is the monetary limit of daily cash sales to different party........i have retail countet.... Can i sell good for cash in total of 500000....receiving from different party in a day and can the the same be deposit in the next day in current account.....
Set-off of tds