Sudhaker Ramani
This Query has 1 replies

This Query has 1 replies

09 July 2024 at 11:44

Dividend income Querry

"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


DEVI SINGH PARIHAR
This Query has 1 replies

This Query has 1 replies

06 August 2024 at 12:25

Income u/s 44AE

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.)


BISWAJIT MAIKAP
This Query has 3 replies

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?


Kuldeep Singh
This Query has 2 replies

This Query has 2 replies

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?


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

Sir,
Assessess Gift income from specified relatives exempt under new tax regime or not.


Javed Memon
This Query has 2 replies

This Query has 2 replies

08 July 2024 at 19:53

Agriculture Income Show in ITR

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


Priya
This Query has 3 replies

This Query has 3 replies

08 July 2024 at 19:30

Dividend Income error

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.


Chemistry E learning
This Query has 2 replies

This Query has 2 replies

08 July 2024 at 19:25

Which ITR and how to fill

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


SIDDHARTH MAHESHKUMAR SHAH
This Query has 2 replies

This Query has 2 replies

08 July 2024 at 18:40

TDS Deduction Under Section 194Q

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.


Suresh S. Tejwani
This Query has 2 replies

This Query has 2 replies

08 July 2024 at 18:25

Regarding Income Tax Return u/s44AE

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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