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I had salary in USA in Jan, Feb, March 2024. I have shown this in FSI and paid tax on it. My CA told me to show this in point G of schedule FA as well as it didn't have the cutoff of 31 December mentioned.
Now I have come to know that the point G follows the 31 December cutoff as well. So I should not have reported this income in schedule FA and shown only till December 31, 2023 in this schedule so for me it would have been 0.
Should i try to rectify it or it is okay? I don't want to rectify it because of form 67 and other complexities and it has already been processed. Is there anything to worry or I can just explain in case of any scrutiny.
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Banker is selling some of the properties under auction. It is observed that in some cases, the borrowers have either not linked their PAN with aadhar nor created profile in IT Portel. In these cases, the auction purchasers are not in a position to discharge the liability. What is the recourse available. Can any one brief the same.
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I want to know whether Disallowance of section 43B(h) is applicable to units registered under SEZ?
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Dear Sir,
We have paid annual income tax return for fy-2023-24 but we know about income tax entry going in tally which group under.
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i am selling an apartment purchased in 2018 im my wife's name. i have furnished the same for 15 lakhs (bill in my name). now when i sell the property can i take the cost of the furnishing separately from the buyer in my name? also can i sell it for a higher consideration?
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Query resolved and deleted?
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Department sent verification of refund claim to the assessee. assessee did not respond within the time given. now there is no option to verify claim under pending work list.. how to get the refund now that the option to respond is not available
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Dear sir,
Can you enlighten me on applicability of cost inflation index while calculting long term capital gains on of Residential Plot of land sold on 20th November 2024 after holding it for 8 years ? Thanks in advance.
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Sir,
It assessess new residential house construction value rs:1.50 crores payments through on bank channel.if residential house construction value rs:1.70 crores certified by engineer (income tax valuer) f.y.24-25
Question:
Assessess construction house expenses difference amount tax applicable for it act f.y.24-25
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FINANACE YEAR 2023-24 26AS REPORT
TRANSCATION DATE MARCH 2024
AND DATE OF BOOKING MAY 2024
CAN WE CLAIM TDS IN 2023-2024 ITR
AND WAT IS THE MEANTING OF TRANSACTION DATE AND DATE OF BOOKING
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?