This Query has 1 replies
"In Schedule OS/ Schedule El, the amount of dividend income mentioned is cannot be more than the dividend income reduced from Schedule BP."
"Kindly ensure that dividend income mentioned in schedule OS or schedule El should be equal to dividend income reduced from Schedule BP."
i have included the dividend income in "Profit and Loss" 14 (iii) and Schedule BP A3? .
even after that the issue is OPEN and not resolved
This Query has 1 replies
Income Tax Query: In case of transporter who declare income u/s 44AE having a Truck-Trailer and on R.C. of vehicle laden/Unladen wt.(Kg.) 55000/15070 kg. is mentioned and GVW is not mentioned on R.C. so on which weight income u/s 44AE is to be calculate on 55 ton /15 ton. (55 Ton x 1000/- p.m. or 15 Ton x 1000/- p.m.)
This Query has 3 replies
Sir/madam,
1) My client is a salary person. he has an income from capital gain And also he has an income from future and options (F n O)and online trading (intraday trading). He will file ITR by ITR-3 . Now, He wants to filing his income tax return under old tax regime.Then , is form-10IEA for applicable for salary+capital gain+ future and options+ intraday?
2) if, any salary person will file by ITR-2 in old tax regime ,with Mutual fund capital gain income, then is there need to file form-10IEA?
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Suppose if i sell a plot/house property in June 2024 and want to buy new house property in February 2025. Should i have to deposit the capital gain in CGAS scheme before July 2024 or July 2025 (at a time of itr filing)?
Actually i do not want open capital gain account so when can i buy new property without depositing mony in capital gain account?
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Sir,
Assessess Gift income from specified relatives exempt under new tax regime or not.
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Person is farmer he has fixed deposits ( 11 Lakh Rs. ) in bank and TDS Deducted on Interest income
My question is Agriculture income is Exempt income So if i only Show interest (interest on deposits ) income
in ITR and Skip agriculture income (Because of Exempt Income ) then this is correct way of showing income of farmer or i need to Show Agriclture income in ITR
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I have F&O profit which I mentioned in ITR3 "Trading Account"
I also have dividend income which I mentioned in Schedule OS
When I try to submit the json online, it gives me this message:
"In Schedule OS/ Schedule El, the amount of dividend income mentioned is cannot be more than the dividend income reduced from Schedule BP."
"Kindly ensure that dividend income mentioned in schedule OS or schedule El should be equal to dividend income reduced from Schedule BP."
Is it mandatory to include the dividend income in "Profit and Loss" 14 (iii) and Schedule BP A3?
I didn't have to do it last year.
Should I do the same for interest income?
Although there is no such error for interest income.
This Query has 2 replies
I have income from salary (government service). I have sold one plot in January 2024 and capital gain of 41 lakh invested in capital gain bonds in July 2024. Which ITR, I need to fill and how to show it
This Query has 2 replies
Please Guide: TDS Under Section 194Q:
Threshold limit for TDS Deduction Under Section 194Q is 50 Lacs.
1. 50 Lacs to be considered is basic amount or total bill amount with GST?
2. TDS to be deducted on balance amount exceeding 50 Lacs once 50 Lacs limit is crossed or on
total purchase amount.
3. If there are transactions of sales and purchase from same party then when to consider the 50
lacs threshold limit (Total of sales & purchase both) or only purchase amount.
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Person 'A' has 6 vehicles & gross receipts is more than 1 crore. Can we file IT return u/s 44AE or do tax-audit?
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Dividend income Querry