Dear All,
What is the business code to be given to a partner of a partnership firm in his personal IT return in the revised scheme of Business Codes for the AY 2018-19. Please provide me with the official references so as to convey to clients
Please do the helpful.
Regards,
Kiran.

After filing TDS Return , it rejected with reason " Total amount of Tax deposited validation failed ( Sum of Tax + Interest + Surcharge + Others + Fee Should be equal to total Challan Amount.

What is the solution for this rejection.

Note: Actually I have splited only DEDUCTIONS of this challan for different quarters. But, I didn't splitted the challan.

Hello experts,

I want to file a condonation request to principal commissioner of income tax in respect of non filing of return for the FY 2016-17. Can I send application by Post or I need to go to Income tax Deptt.

Thanks

Dear Sir,

How to show the total investment in Balance Sheet for AY 2018-19.
Total Investment is 2.35 Crore as on 31.3.2018.
Opening balance of Investment is 1.95 Crore. (MF & Equity Share)
During the year purchase & sold transaction net of amount 40 Lacs.
How to show current investment & non Current investment in balance sheet of Pvt Ltd Company.
Current Investment means transaction during year. Non-Current Investment means no transaction during year or op balance of investment (No Movement in Investment).

Please advise the same in above matter.

Thanks & Regards

NK

Case: A loan is obtained to construct a house property of 4 floors, one floor occupied by the assessee, other three are let out.
can assessee claim deduction under section 24 under both self occupied upto two lakh and balance on let out property?

one of my client is running educational institution under trust, but PAN card is registered under AOP.
AOP is paying salary to one of its member.
Total receipt is less then 1 crore.
MY QUERIES ARE
-whether aop is eligible for exemption u/s 10(23c).
-if yes, then what to do for claiming exemption
-as salary paid to member of aop is disallowed, then profit after diasslowance of salary is exempt or before disallowance.

click sn 2 check box and proceed

This statement has challan(s) with zero deductee rows. Please select the checkbox for no deductee rows. This the message received after filing 26Q1 for FY 2018-19. To download tds challans. Not able to do. Please help the same in this regard.

Hi I am selling a land, the actual consideration is Rs 20 lakhs. The stamp duty value is however Rs 25 lakhs. Can i compute capital gain for Rs 20 lakhs.


Please Guide

Please help

I have to file return in 44AE, so whether I have to fill gross receipt or net receipt after expenses in income.
If i am filing my return in 44AE more tax is coming, so can I show the Income in normal Business Income, after claiming all deductions for expenses. so that tax liability will be reduced.