Divyesh Ajmera
This Query has 1 replies

This Query has 1 replies

28 December 2024 at 22:10

Regarding 87A rebate demand

If any assessee already paid demand raised by department by disallowing 87A rebate will be refunded to assessee by department?


LoneWolf
This Query has 3 replies

This Query has 3 replies

I have a checking account in USA. I need to report this in schedule FA point A1.
Point A1 has a field "Gross interest paid/credited to the account during the period". Do i include my salary in this field or just the interest. I am reporting my salary separately in point G as well.


P.Madhivadhanan
This Query has 1 replies

This Query has 1 replies

28 December 2024 at 20:04

ITR FILING USING COOWNER AADHAR

SELF OCCUPIED PROPERTY IS A CO-OWNERSHIP PROPERTY CONSISTING OF 9 OWNERS . OUT OF THEM TWO PERSONS NOT HAVING PAN. WHILE FILING RETURN OF ONE PERSON ( HAVING TAXABLE INCOME) HIS SHARE IS MENTIONED UNDER SELF OCCUPIED PROPERTY, THE OTHER MEMBERS NAME , AADHAR & THEIR PERCENATAGE SHARE ARE CORRECTELY FEEDED IN ITR2 OF THE ASSESSEE. WHILE UPLOADING THE ITR , IT SHOWS ERROR MESSAGE AS " if the property is coowned, percentage share of property, Name & PAN of the cooner(s) necessary. Is it is possible with aadhar of the two coowners to file itr


Divyesh Ajmera
This Query has 1 replies

This Query has 1 replies

28 December 2024 at 14:39

DTVSV 2024

If writ petition filed against assessment order then can we go for DTVSV 24? Is there any adverse consequences of that?


ARCHANA
This Query has 3 replies

This Query has 3 replies

28 December 2024 at 13:18

TDS challan paid from other CA account

Sir,

Our proprietor having two companies A & B paying tds same tan no from different account.

One challan paid from A Company CA , B company can use this TDS challan of A

If we use the challan how to transfer tds amount B company to A company Account

Plz clarify my doubt.

Thanking you,


Shyam T
This Query has 1 replies

This Query has 1 replies

28 December 2024 at 08:06

Treatment of Income from STCG

I am a retired person having income only from FD Interests and capital gains of Equity / mutual funds. My interest income from FD is below Rs 2.5 lakhs. However my STCG from equity is about Rs 10 Lakhs p.a Do I have to consider the STCG income to arrive at the slab rate for the FD Interest income ? Or Can I claim exemption from Tax on the FD Interest income as it is below the basic exemption limit ? Will they both be combined for arriving at the slab rate ?


Ashish Kumar Pandey
This Query has 3 replies

This Query has 3 replies

27 December 2024 at 18:43

Cash Received in Bank Account

Dear Sir,

If a company running Milk and Dairy product business Turnover 250 Crores Approx.
Appoint distributors for sales of milk products.
Company raised invoices to distributors for milk supply and collect payment from distributors in cash which is deposited directly by distributor in company bank account on daily basis.
Note:-Cash collection from each distributors is less than Rs. 200000/- Lacs in a single day/transactions.
This procedure is correct or not.
If not then advice correct procedure
Please advice.


sunil singh
This Query has 1 replies

This Query has 1 replies

27 December 2024 at 15:31

Capital gains for NRI Tax free

Is there any waiver in capital gains in this budget for NRIs investment in mutual funds


Sachin Kumar
This Query has 3 replies

This Query has 3 replies

27 December 2024 at 15:30

Income Tax Return RWA

We are a Residents' Welfare Association (RWA) comprising 70 independent kothis. Our financial records for FY 2023-24 show receipts of ₹638,243 and expenses of ₹580,664.
Are we required to file an income tax return ?


Rajat Sharma
This Query has 1 replies

This Query has 1 replies

27 December 2024 at 13:52

LAST DATE for the asstt. year 2022-2023

Sir I want to know what is the last date to file the updated income tax return for the asstt. year 2022-2023.






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