Pooja
This Query has 11 replies

This Query has 11 replies

17 November 2023 at 11:11

How to change to old tax regime

I am a salaried individual. my employer has deducted tax as per the new tax regime. I will file the return for the current financial year as per the old tax regime. how can i change to old tax regime in the middle of this financial year?


suryadipsinh mori
This Query has 3 replies

This Query has 3 replies

17 November 2023 at 09:54

Regarding 44AD Provisions

If i have income from business eligible for 44AD and filed ITR-4 For A.Y 22-23 And In A.Y 23-24 I only have income from Salary so i am filing ITR-1, So That point of view I am not following 44AD rules , so i am not able to opt 44AD for 5 years ?
Please Anyone Clarify Here


Kunjan
This Query has 3 replies

This Query has 3 replies

17 November 2023 at 01:35

Income tax appeal process

my appeal was on 10th , and after giving submissions, we have to wait, right? there was no one to one online hearing.. so i just wait right?


Charu
This Query has 4 replies

This Query has 4 replies

16 November 2023 at 22:49

Change to old tax regime

I have salary income and my employer has deducted tds from my salary as per the new tax regime. So I want to opt for the old tax regime. Is it possible to change to old tax regime I the middle of the year?


G.GOVINDARAJAN
This Query has 2 replies

This Query has 2 replies

Premium amount of Rs.95000 paid to HDFC SL ProGrowth Flex Plan for five years. Sum assured is Rs.38,00,000 after 10 years. If the Policy is surrendered after 5 years lock-in-period, what will be the tax effect on the excess amount received? The premium amount of Rs.95000 is not claimed deduction u/s.80C in the previous years.


ankit kumar
This Query has 1 replies

This Query has 1 replies

How can I request a refund of the automatically adjusted Demand Notice amount of 7500 for AY 2022-23, which was settled in the refund Intimation order of AY 2023-24? but on Filing Rectification for AY 2022-23, the ITR was corrected, and no tax liability was raised in the Rectification Order. ? Now How can i get 7500 Back ?


PRIYA
This Query has 1 replies

This Query has 1 replies

16 November 2023 at 12:53

Taxation on medical expenses

how is reimbursement of medical expenses incurred on parent taxable in salary?


Mahenthiran
This Query has 7 replies

This Query has 7 replies

15 November 2023 at 13:54

TDS DEDUCTED 1% INSTED OF 20%

WE HAVE DEDUCT THE TDS 1% FOR INDIVIDUALS, PAN CARD IS VALID BUT INOPERATIVE, SO THAT INCOME TAX DEPARTMENT RAISED DEFAULT NOTICE. NOW HOW TO PAY THE DIFFRENCE AMOUNT IN SARAL TDS SOFTWARE (OR) TRACES WEBSITE. HOW TO FILE CORRECTION STATEMENT THROUGH ONLINE MODE OR OFFLINE MODE. WHAT IS THE PROCEDURE, KINDLY EXPLAIN ANYONE REGARD THIS MATTER MOST URGENTS.


D Mandal
This Query has 1 replies

This Query has 1 replies

A central Govt. organization didn't file its 24G but filed quarterly 24Q for the FY 2010-11 and AY 2011-12
Because on that period it was not mandatory to enter BSR and Challan no for the Govt. deductor.
One of the deductee's tds updated with wrong and now his pan rectified with correct pan.
But the Income Tax Department is asking to update booking of status from P to F.
On that period all deductees have submitted their ITR and processed accordingly except wrong pan candidate.
My question how to resolve this issue ?


Roshan
This Query has 1 replies

This Query has 1 replies

I have bought a property from an NRI. I did not deduct any TDS as the NRI has a nil tax deduction certificate from the Assessing Officer.

Do I need to file nil TDS return in this case, or not file anything at all? Is there any formality that I need to do?






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