CMA Pravat Kumar Parida
This Query has 1 replies

This Query has 1 replies

27 February 2024 at 09:48

REGARDING ITR U FILE.

WHEATHER I CAN FILE ITR U AGAINST AY 2022-23 AND AY 2023-24


nitin
This Query has 1 replies

This Query has 1 replies

26 February 2024 at 19:03

Standard deduction on rental income

Hello
I need to know whether standard deduction of 30% on rental income is applicable for a company renting out premises to a school/ college.
Kindly clarify. Thanks.


Amandeep Singh
This Query has 3 replies

This Query has 3 replies

26 February 2024 at 16:10

Invest in Mutual fund and Stock ITR

Dear Sir

I have invested Rs.220000/- in Mutual fund Via monthly SiP and some Lumsup amount and invested RS.100000/- in Stock also approximately 6 Transaction in 6 months. Its high value Transaction Can i face any notice issue from IT Department. My earning source from Salary I am regular filling ITR but invest in Stock market First Time. so Please suggest Accordingly.


naveen jain
This Query has 1 replies

This Query has 1 replies

25 February 2024 at 16:31

Updated ITR

F/Y 2022-23. Interest income was shown in ITR 2 under 2 heads - Interest from bank deposits and under Interest -others which included interest from deposit with a Pvt Ltd company. Tax was deducted on all u/s 194A. The compliance portal has shown a mismatch as it has considered only the portion of interest shown in ITR under interest from bank deposits. Can an updated ITR be filed now showing total interest under one head of Interest on deposits from banks etc. There will be no change in total or taxable income or in tax liability/ refund.


Ashok
This Query has 1 replies

This Query has 1 replies

25 February 2024 at 14:43

Last year TDS can pay ?

Sir, on last F.Y. we foregate to pay TDS of of one party, now this transection can disallowed, so we should pay this this TDS amount now.
Thanks,


Kollipara Sundaraiah
This Query has 3 replies

This Query has 3 replies

25 February 2024 at 12:39

SMS NOTICE IT DEPARTMENT

SIR,
Attention (XXXXXXX) it departmentidentified certain information f.y.22-23 avaloable on ais.mismatch compliance portal under pending actions tab and e-verficiations mobile sms received.
Doubt:
Sms received after procedure.


DEBASISH BODHAK
This Query has 1 replies

This Query has 1 replies

TAN Default notice received against deactivated PAN, tax to be paid @20%. After PAN Aadhaar linking the PAN is now activated. Filed correction statement after 2 weeks using the same PAN. But again default notice issued against the same PAN. Please suggest me what to do?


CMA Pravat Kumar Parida
This Query has 2 replies

This Query has 2 replies

24 February 2024 at 17:31

CALLING FOR INFORMATION U/S 133(6)

WHEATHER I CAN REVISE MY IT RETURN AND SUBMIT THE SAME AGAINST INFORMATION CALLED BY INCOME TAX DEPT U/S 133(6) OF INCOME TAX ACT.


Gaurav
This Query has 1 replies

This Query has 1 replies

24 February 2024 at 16:39

Intimation Order Us 143

Hello Members,

For the AY 2022-23, assessee filed updated Return and tax along with applicable penalty of 125% on Tax amount was also paid off.
However, now intimation order is issued and further tax liability is being raised by the department.
But unlike in normal order received wherein we get the bifurcation of the tax amount and applicable interest us 234A/B/C here in this intimation for Updated return there is no such bifurcation provided by the department.
Could you please assist as to what should be the next recourse as it is evident that tax computation done by the Income Tax department is not right and further they are also not sharing the reason for the increase in tax liability despite all penalites being paid off at the time of filing of return itself.

Regards
Gaurav Jhanwar


Suresh S. Tejwani
This Query has 1 replies

This Query has 1 replies

24 February 2024 at 16:32

REGARDING NOTICE ISSUED UNDER SECTION 147

If notice issued to builder under section 131 of income tax act and books of accounts seized of builders then addition can be made to buyer of such property merely because in the books of seller cash transaction over and above of purchase agreement?
Is there any favourable case studies regarding above mentioned matter?






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