Income Tax QnA [Resolved]

All Resolved Open

Accounting Home Services

This Query has 1 replies

22 March 2025 at 11:46

PAN Card Surender

Hi, how to surrender a PAN card. Since firm Business is close.

Daya

This Query has 1 replies

21 March 2025 at 21:02

TDS on technical fees on which services apply

TDS on technical fees on which services apply,
and also TDS on rating agency what percentage TDS apply.

Jaswinder singh

This Query has 1 replies

21 March 2025 at 16:55

Regarding Insurance claim received delayed with Interest taxable or not

Respected Colleagues,
A Female received delayed Insurance claim from National Insurance Co. with Interest around Rs 15 Lakhs, Now Interest amount taxable as income or not in ITR related to AY 2019-20?

Chandra Kala

This Query has 5 replies

22 March 2025 at 10:12

Exemption u/s 10(23C)(iiiad) Schools

Exemption u/s 10(23C)(iiiad) Schools shall file updated returns for the A.Y.2023-2024 & 2024-2025 under exemption. In updated returns shall we show additional income. How to file updated return

V Ishu Hegde

This Query has 1 replies

21 March 2025 at 13:50

Filing of ITRU

A senior citizen has income of bank savings interest of Rs. 1276/ in the f.y.2021-22 A.Y. 2022-23. His tottal income for the A.Y.2022-23 is Rs. 1276 /- and hence no return has been filed for the A.Y.2022-23.He has recd email for filing of ITRU FOR a.y.2022-23.
1. How Shall he proceed?
2. what steps does he need to take?
3. When should ITR U be filed

Suresh S. Tejwani

This Query has 1 replies

21 March 2025 at 11:20

Regarding Time Limit for revision of Audit Report

What is time limit for revision of Audit Report?

Chandra Kala

This Query has 1 replies

20 March 2025 at 16:23

Updated returns - Schools

Whether it is necessery to offer income in the case of exemption claimed u/s 10(23C)(iiiad) for the returns filed u/s 139(8A) of the IT Act

Mahabir Prasad Agarwal

This Query has 1 replies

20 March 2025 at 18:49

Deposits by others in a bank account,

One of my client used to take payments in his own bank account from his various customers (Vide UPI/IMPS/NEFT). Subsequently, he used to withdraw cash from his account and refund the same to his customers after deducting a meagre commission. In this way, he has received a huge amount (Approx. 80.00 lac) in his bank a/c and has also refunded the same after withdrawing cash from his account. Now he approached me to file his ITR. How can I file his ITR? What nature of income is to be shown? Is there a way to file his ITR ?

Rajkumar Gutti

This Query has 4 replies

20 March 2025 at 15:45

Household goods

Grocery purchased for poor people donatio
For tds under 194 q limit crossed.
For deducting tds can gst taken into consideration or not.

afreen shaikh

This Query has 1 replies

20 March 2025 at 12:12

ITRU 22-23

I WANT TO FILE ITRU FOR AY 22-23( RETURN WAS NOT PREVIOUSLY FILED) BUT DUE TO TDS ITS RESULTING IN REFUND.

CAN I SHOW LESS TDS AND PAY 1000 ................WILL IT BE CORRECT WAY TO FILE RETURN??? AS WE CAN FILE ONLY IN CASE OF LIABILITY