Mahabir Prasad Agarwal
This Query has 2 replies

This Query has 2 replies

11 June 2024 at 12:48

26AS TDS not shown

Sir, after how many days of filing TDS Returns, TDS entries are reflected in 26AS ?


Amar Chandu
This Query has 2 replies

This Query has 2 replies

07 August 2024 at 16:10

Tax Savings Help

I have a Total Gross Income of 7,69,882? After claiming standard deduction (50k) & professional tax (2.4k) .... Along with 80C (1.5 Lakhs), 80CCD(1B) 50k .... Taxable Income comes to 5,16,882. I am filing ITR for FY 23-24 so no option to invest or something. So what are my options to make it below 5 lakh. After some research I found somethings that are applicable to me but not sure whether i can claim them. Any suggestions would be helpful:

1.> 80D we can claim preventive health checkup upto 5000 that is done in cash. Also I have a health insurance of 1999 so that makes it 6999. But for 5000 can i claim without any receipt? For 1999 I got receipt. Or if not 7000 can i claim a total of 5000(1999 + 3000) though for 300p also i don't have receipt.

2.> Food coupon/ allowance can be claimed under 10(14) (i) upto 26,400. But my employer deducts the food contribution from salary shown in payslip. So can I claim this ? Total amount is 10000

3.>. Also we can claim Internet Allowance under 10(14) (ii) but my employer gives internet allowance named as Other Allowance in payslip. So can I claim that . Its total 6000. Also I donot have bills of broadband.

Please suggest if I can claim any of the 3 mentioned or anything other than theses that i can claim


k chakraborty
This Query has 2 replies

This Query has 2 replies

We are a govt. contractor firm and all our bills receive deductions for statutory amounts (TDS, GST TDS, BOCWW Cess, etc.). When reporting gross receipts in the ITR, should we include these deducted amounts in the:

- 'Receipt through bank' column, or
- 'Receipt through any other mode' column

Given that:

- Gross Receipts include deductions (TDS, GST TDS, BOCWW Cess, etc.)
- All receipts are received through bank after deductions
- ITR asks for Gross Receipts, subdivided into:
1. Receipt through bank
2. Receipt through any other mode

Please provide guidance on where to report the gross receipts, including deductions, in the ITR.


Amar Chandu
This Query has 2 replies

This Query has 2 replies

07 August 2024 at 16:10

Help In Tax Savings

I have a Total Gross Income of 7,19,882? After claiming standard deduction (50k) & professional tax (2.4k) .... Along with 80C (1.5 Lakhs), 80CCD(2B) 50k .... Taxable Income comes to 5,16,882. I am filing ITR for FY 23-24 so no option to invest or something. So what are my options to make it below 5 lakh. After some research I found somethings that are applicable to me but not sure whether i can claim them. Any suggestions would be helpful:

1.> 80D we can claim preventive health checkup upto 5000 that is done in cash. Also I have a health insurance of 1999 so that makes it 6999. But for 5000 can i claim without any receipt? For 1999 I got receipt. Or if not 7000 can i claim a total of 5000(1999 + 3000) though for 300p also i don't have receipt.

2.> Food coupon/ allowance can be claimed under 10(14) (i) upto 26,400. But my employer deducts the food contribution from salary shown in payslip. So can I claim this ? Total amount is 10000

3.>. Also we can claim Internet Allowance under 10(14) (ii) but my employer gives internet allowance named as Other Allowance in payslip. So can I claim that . Its total 6000. Also I donot have bills of broadband.

Please suggest if I can claim any of the 3 mentioned or anything other than theses that i can claim


K BHEEMA REDDY
This Query has 2 replies

This Query has 2 replies

10 June 2024 at 20:30

Form 12BB data in 24Q Return

Dear sir,
is it mandatory to disclose form 12BB data (previous employer salary details) in 24Q-Q4 tds return when employee joined in middle of the year.


Thanks in advance,
Thanks & Regards,
Bheema Reddy



Javed Memon
This Query has 2 replies

This Query has 2 replies

10 June 2024 at 19:44

FORM 10E FILE

Respected Sir , I have not Filled ITR For A.Y. 2023-24
in A.Y. 2024-25 Year Income Includes arrear income for A.Y. 2023-24
can i file Form 10E of A.Y. 2024-25 for Claim Releif u/s 89(1) ??


Sanjay H G
This Query has 4 replies

This Query has 4 replies

Question:
ABC Pvt Ltd company has paid group insurance to all employees (Mr.A).
Mr. A don't have any other health insurance except company provided ,
In this case Employee can claim a deduction up to 50,000/- on Medical expenses.(If Senior
Citizen)

Please suggest whether can i claim or not

Thank You
Sanjay



Aman Kumar
This Query has 3 replies

This Query has 3 replies

10 June 2024 at 17:59

Query for Tax Audit

Hi,

In F.Y 2022-23 we had filled ITR 4 for salary and professional income but this Financial year I have some lost from Share market so this year we need to fill ITR 3.but my query is this year we transfer ITR 4 to ITR 3,so we need to tax audit or not.


Chandra Kala
This Query has 2 replies

This Query has 2 replies

10 June 2024 at 16:45

Pan card status changes

Pan card was issued with the capacity of firm in the place of cooperative society. what is the processor to get it changed


Leo A/cs
This Query has 1 replies

This Query has 1 replies

Dear Experts,
We are taking services of Sponsored Updates for running LinkedIn ads for our Brand awareness from LinkedIn bases in Singapore.They have no PE in India ,should TDS applicable over this services .If yes then what will be the rate.Do RCM liability of GST also applicable.

Regards






CCI Pro



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