Aditya Ghatge
This Query has 6 replies

This Query has 6 replies

22 July 2024 at 18:40

Unable to process Income Tax Return

Dear Sir,

I'm coming with an error as mentioned in the screen-print request you to kindly advice. Unable to attached herewith the screen-print hence sharing the Error displayed.

Error Description "[#/ITR/ITR3/Schedule112A/Schedule112ADtls/1: required key [ShareNameUnit]not found]"

Suggestions " Please contact the developer of your error with the error key "

Kindly advice.

Warm Regards,
Aditya Ghatge




PRIYA
This Query has 1 replies

This Query has 1 replies

22 July 2024 at 18:35

Tax on stcg and ltcg

I have 20 lakhs income from short term capital gains on selling shares and 9 lakhs from long term capital gains on stt paid shares for the financial year 2023-24. How can I save my income tax on this income?


jaya
This Query has 1 replies

This Query has 1 replies

22 July 2024 at 16:59

Dividend Income Taxable or exempted

Hi,

just wanted to know, for FY 23-24 the dividend income is taxable or tax free?


sm
This Query has 5 replies

This Query has 5 replies

22 July 2024 at 15:50

IT Return is defective.

i got the following message ...
"You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate form. Thus, the required schedules for reporting incomes pertaining to said TDS sections are not present in your return of income filed in form no. ITR-1. "
which file should I choose?


Keyur
This Query has 4 replies

This Query has 4 replies

22 July 2024 at 14:08

Return file -Old Regime

Sir/Madam

I have one query regarding suppose i file form 10IEA submitted on or before 31st July 2024 but i have not submitted return on before 31st July-24.

After that can i file business return in Old Regime?? Please clarify me.


V.Ch.Venkateswara Rao
This Query has 1 replies

This Query has 1 replies

When I have tried to file correction statement it was rejected due to Line No 2 - Invalid Previous RRR Number.


Srihari
This Query has 5 replies

This Query has 5 replies

I have received the following notice after filing my ITR under ITR-1.
Please provide your advice on the which is correct ITR form and how to respond to this notice.

You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate form. Thus, the required schedules for reporting incomes pertaining to said TDS sections are not present in your return of income filed in form no. ITR-1.

Probable Resolution
You are being provided with an opportunity to make necessary corrections and file a return of income in the appropriate form so that income and taxes may be determined correctly in accordance with the Income-tax Act, 1961 duly disclosing the complete gross receipts/income reflecting in your form 26AS under the relevant schedules of the ITR. Please note that as per Rule 37BA of the Income-tax Rules, credit of TDS is allowable to the person in whose hands the income is assessable and in the year (AY) in which such income is assessable.


Student
This Query has 9 replies

This Query has 9 replies

22 July 2024 at 08:25

ITR 2 or ITR 3 to file ?

Dear Sir,
Please guide that I have only Bank Interest Income (Rs.1 Lakh) + Short Term Capital Gain + Long Term Capital Gain of Delivery based trading ( Rs.2.15 LaKH) + Rs.3689/- Intraday Share Trading. Now for these small Rs.3689/- gain (speculative or business gain) will I have to file ITR 3 or filing ITR 2 with showing Rs.3689 in other income will do ? Because once I file in ITR 3 , I have to prepare Balance Sheet and P & L etc and I do not want to make for such a small amount and time is also less. so please guide what I should do ?
Thanking you
Regards


Arijit Mukherjee
This Query has 9 replies

This Query has 9 replies

22 July 2024 at 02:01

Information Missing is AIS

I Sold a joint property (Joint with my Mother) this year. However, the details of the same are missing from my AIS and my mother's AIS. Is there any reason for it to not appear in the AIS?


poornima
This Query has 1 replies

This Query has 1 replies

06 August 2024 at 12:25

Capital gains on sale of TDRs

Assessee got TDRs on compulsory acqusition of site during 2019. He sold these TDRs for new constructions and not for redevelopment during 2022-23 and 2023-24 Financial years and realised Rs.1 Cr. whether Capital gains provisions applicable or not. If applicable what will be the cost of acqusition for those TDRs. Please support the decision with applicable case laws. Thanks






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