I have received SMS/EMAIL that
High Value transaction which does not appear to be in line with IT return .
During year as per AIS interest from post office is 5 lakh where as per IT return it is 2 lakh.
Reason of variation is I have accounted interest on acrrual basis.
Now I have to give feedback in AIS.
Which option to be selected .

Option A ,B ,C,D ?
Please advise

Which section under tds should be deducted on calibration of instruments in a power plant? 194C or 194J?

itr 3 updated return (ITR U) for AY-2023-24 error : "in part BTI sl no 19-deemed income u/s 115jc not equal to sl no 3of schedule AMT". But both the figures are equal.

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Limit of section 44AB

Dear Sir
How much is the tax relief in the case of the following scenario ?

Fy 23-24
Gross income-10 lakhs
Deductions-pf 1.5 lakhs and housing loan 1.5 lakhs and standard deduction 50000
Gross total of arrears of fy 22-23 received in fy 23-24-4 lakhs
Deduction of pf from arrears-1 lakh


Fy 22-23
Gross income-7 lakhs
Deductions-1 lakh pf and 50000 standard deduction


Old regime is opted in both the years

In filing of ITR U For AY22-23 My client has tds Rs 8500 as per 26as . But no tax liability. In filing return it will shown sr 4 can not be grater than sr 6i in PARTB ATI how to rectify and file return

Sir , As per my AIS Interest is as Rs 5 Lakh (Bank FD 2 Lakh , Post office i 3 lakh ) .

As per IT return it is 3 Lakh ( Bank FD 2 lakh, Post office 1 Lakh) .

Reason of variation is Post office interest shown on accual basis.

Now I have received SMS/Email from Deptt that High Value transaction which does not appear to be in line with IT return .

And they have marked * on FD interesrt to give feed back ..
Option A .Information is correct .
Option B. Information is not fully correct option C information relates to other PAN/year and
Option D information is duplicate

. In this case which option to be selected . They hace not marked on post office interest but marked on Bank interest.
Whether option A to be selected or option C to be selected.

Dear Experts.

i have filed income tax return for partnership firm. after return processing received intimation 143 (1) with demand due. i will check the intimation, in annexure Profit and loss account "as computed u/s 143 (1) Salary/Remuneration paid to Partners of the firm is 0. So, demand is arise.
what is the problems. please let me know. Thank you

The Assessee Sold his ancestral land over a period of two years in small lots & constructed three houses over a period of two years.( consumption of capital gain is subsequently applied to construction).

Three (3) combined(Adjoining) plots are purchased & three different Maps are approved in the name of assessee ( as he has three sons he made all three together)

Can the assessee claim exemption U/s 54f for all three houses in two years period.