Rahul Singh
This Query has 4 replies

This Query has 4 replies

Sir
I filed updated return on 27th Mar 2024 for AY2023-2024. If updated return becomesinvalid then last revised return processed by CPC will be valid or not. If not Can I file another updated return if it becomes invalid Thanks


Aditya Ghatge
This Query has 1 replies

This Query has 1 replies

Dear Sir,

One of my Assesses purchased Immovable Property. He is a Salaried Employee which ITR shall I File and is it mandatory to mention purchase of Immovable Property while ITR Filing. If yes then where shall I mention purchase of Immovable Property, kindly advice.

Warm Regards,
Aditya


Nilakantan
This Query has 4 replies

This Query has 4 replies

11 July 2024 at 18:03

Error message on verification

I am getting below error message though I have entered correctly. Can someone please assist?

'In schedule CG, at s.no. A2, 111A or 115AD(1)(b)(ii) can only appear once. Please enter total value.'





k chakraborty
This Query has 1 replies

This Query has 1 replies

partner received remuneration from partnership firm, but his total income is below threshold limit i.e below 250000, is it mandatory for him to file ITR


Ritesh
This Query has 4 replies

This Query has 4 replies

11 July 2024 at 15:59

Conveyance Allowance in ITR

Hello Sir,

My company is not showing Conveyance Allowance in CTC. They are giving all allowance in special allowance section.
Can I show Conveyance Allowance while filling ITR to get tax exemption under section 10 sub-section 14(ii) for RS 19200 (Conveyance Allowance)


Dipen
This Query has 3 replies

This Query has 3 replies

Dear Experts,

In one of the case where HUF is the proprietor , IT return was being filed under presumptive scheme by declaring 8% income of the turnover for 3 years. ITR 3 was filed since there was capital gain on shares as well and business income shown under presumptive scheme.

Now in 4th year , business is in losses. So in this case do I need to file ITR 3 with entire balance sheet and profit and loss? Also will it be subject to tax audit since loss?

Pls advice

Regards,


sona1
This Query has 1 replies

This Query has 1 replies

11 July 2024 at 13:33

WITHOUT PAN RETURN

We have deducted & deposited TDS @ 20% rate because Party does not provide his PAN number for the Month of May,2024.

Now how to file 26Q Return without PAN No. ??????????????????????????


BISWAJIT MAIKAP
This Query has 3 replies

This Query has 3 replies

Form 16 issued with OLD TAX REGIME and TDS has been deducted under the head of salary of a Salary person. Now can he choose for his income tax return AY 24-25 in New Tax Regime and Can he claim his TDS (which has deducted under the head of salary income)?


Gaurav
This Query has 4 replies

This Query has 4 replies

11 July 2024 at 12:12

Can HUF Calim Exemption us 54F

Hello Members,

I sold of shares in HUF and the proceeds received was then invested in the newly bought residential flat by me and my family. However HUF name is not there in agreement but rest all of the co parceners are owner of the said flat.
Can I claim exemption us 54 F on the Capital Gain on derived on selling of the shares.


Suresh S. Tejwani
This Query has 9 replies

This Query has 9 replies

If books of accounts of any assesse is audited u/s 44Ab and also having FNO and intraday transaction then can he opt presumptive scheme for FNO and can show Profit and loss as positive figure by showing turnover and 6% profit by banking channel?
If no what is the other option to treat such FNO transaction?






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