RAJEEV KUMAR MEHTA
This Query has 5 replies

This Query has 5 replies

09 October 2023 at 12:27

Reckoning of NRI status

How does one calculate the effective date of becoming NRI? Would appreciate if could be elucidated with an example of 365 days in four years!

Kindly advise!


Krishna
This Query has 1 replies

This Query has 1 replies

where a appeal is filed before cit & return was not filed then appellant is liable to pay tax determined by AO or can make application u/s 249(4)(b) not to exercise the provision of paying tax as determined us 249(4)(b). i have a query whether appellant is required to make application us 249(4)(b) in case of filing of appeal against penalty orders???


RAJAT PANDYA
This Query has 1 replies

This Query has 1 replies

Hello

As we all know as in ITR 6 we have to file Company's Return hence company needs to get audited in companies act.
My Query is while filing point no. e of audit information in ITR 6 which states as below:
"If liable to furnish audit report under any act other than the Income-tax Act, mention act under which you are liable for audit and whether have you furnishing such report."
So whether in the above we have to mention Date of Audit report of a Company?? is yes then what section code needs to be selected while filing the information as it require information as below:
- Act:
- Section Code:
- Have you got audited under the selected Act other than the Income-tax Act? Yes or no
- Date of furnishing the audit report:

Kindly help me in this.
Thanks in advance

RAJAT PANDYA


Gaurav Sharma
This Query has 3 replies

This Query has 3 replies

07 October 2023 at 22:25

TDS Return -incorrect Quarter

Filed TDS Return of Quarter-1 (23-24) instead of Quarter -2 (23-24). Kindly give suggestions to rectify the same.


Dipen
This Query has 1 replies

This Query has 1 replies

Dear Experts,

50% of share of a commercial rented property is sold and a sale agreement is made. However the same is not registered and no stamp duty is paid on the same. Due consideration between parties has been paid. In this case rent received by purchasing party will be subject to tax ? Will he be considered as joint owner of unregistered sale agreement?

Please advice

Regards


gmegha &co
This Query has 1 replies

This Query has 1 replies

07 October 2023 at 13:44

LTCapital Gain on House Property

I purchased a land in year 2004 with a circle rate of 8 Lacs. I want to sell it in year 2023. Now the circle rate is 160 . The bifurcation of circle rate is 76 for land & 84 for building. Kindly guide me to calculate the Long Term Capital Gain on the said matter.


D M
This Query has 2 replies

This Query has 2 replies

HI Experts,
I just found somewhere that Property Tax is exempted for female owners & senior citizens. Can someone please confirm if this is applicable to Thane Area in Mumbai?

Also if yes
1)If female is second name in Property will it be an issue ?
2)How do I apply for exemption?
3)Can the property Tax paid can be used to deduct my Income tax liability?

Thanks,




Anjana Shelar
This Query has 1 replies

This Query has 1 replies

The Capital Gain arising from the Transfer of capital Assets by partner to Partnership firm how is exempt form the Capital Gain TAX


ankit kumar
This Query has 1 replies

This Query has 1 replies

A fee of INR 5000 is imposed under Section 234F in ITR 1 for using an offline Excel-based utility. I wish to submit a "rectification request" to claim tax credits for unclaimed challans.

The initial return was filed under Section 139(1), but upon attempting to change the section in the rectification request, an error was encountered stating that the original return's section cannot be altered.

I proceeded to upload the JSON file with the 5000 INR fees and submitted the rectification request.

I seek advice on how to avoid incurring these charges.?

I had filed a rectification under Section 154, but the offline utility tools are not designed to prepare rectified returns. The return was corrected using the utility tools, and the amended version was uploaded as a JSON file in the rectification request.


ankit kumar
This Query has 1 replies

This Query has 1 replies

05 October 2023 at 21:54

Rectfication request Filing Section

Under Which Section We Should Prepare ITR-1 in Offline Utility Tool For rectification request for correction in data for Self-Assessment taxes paid ?






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