This Query has 4 replies
What is the procedure for preparing forms 15ca and 15cb? Can the experts explain the provisions plea
This Query has 3 replies
I had an outstanding demand of income tax for the AY 2022-23 which I paid and has been cleared in the income tax e-filing portal. However, there is a "Final Interest" displayed separately later in the portal which I want to pay through the "Pay Now" option available in the said portal. Which Challan No. and options therein should I opt for regarding the payment of this interest amount ?
I chose "ITNS280", filled up the "Other Than Companies" option and filled up "Other Receipts" option, but on the payment page, it is showing a mismatch between Major Head & Minor Head of taxes.
Shall be thankful for help.
Best regards.
This Query has 3 replies
Sir
A person is claiming Home Loan Interest paid to an Individual for IT purpose.
But he has not taken any Home Loan from any Banks.
Whether this interest paid to individual can be considered for Income Tax working.
Thanks.
This Query has 1 replies
I paid an advance tax on 06/12/2022 and subsequently on 11/12/2022 i downloaded Form 26AS and my tax is being reflected in PART C - Details of Tax Paid (other than TDS or TCS).
Today when i chekced Form 26AS i found that there are no Parts A,B,C,D,E,F,G,H and instead it is showing only Part-I,II,III.IV,V,VI.VII,VIII. but i could not find any details of taxes paid and also it is not showing my advance tax paid.
Kindly let me know whether IT dept made any changes for Form 26AS. When can i find my taxes paid.
This Query has 3 replies
One of my Clients received a Demand Notice from income tax dept. He Claimed Housing Loan Interest and principal portion. But in Demand Notice They omit the housing loan interest and principal deduction and asking tax. What he should do?
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I have short term loss in share market against which i have long term capital agst sale of Property. So to harvest loss i will sell the same and purchase on same time. I just wanted to know that the loss harvested can be set-off against my long term capital gain (with indexation) against sale of property.
What will be other impact on such transaction.
This Query has 3 replies
What is Section 206 CR?
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Hi,
We have received a notice from Income Tax Department to file ITR u/s 144, but in login tab they have not giving option to file ITR u/s 144. How can we file the same. Please suggest.
This Query has 3 replies
sir;
AO has made some additions in his assessment order us 143(3). Later on CIT(A) directed that additions shall be deleted by AO & pass the order in favour of assessee.
I have a doubts
1. since it's faceless assessment; AO will rectify or give effect to his original order on its own ? or we have to make an application to AO to give effect ? if yes; Since this is faceless assessment how to make an application to AO. ? or shall we made an application to jurisdictional AO ?. There is any such option available on portal? plz reply thanx
This Query has 3 replies
I propose to sell my residential house this month. A buyer for this is already identified.Amount of sale consideration fixed at Rs 7800000 (Rupees seventy eight lakhs only).Now the buyer requested to break up the sale consideration into two parts,viz...Rs 59 lakhs( fifty nine lakhs) to registration and balance 19 lakhs( Nineteen Lakhs) towards Interior woodworks and modular Kitchen Etc,so that he can save some money outgo to Registration Dept. All payments are proposed to be paid by A/c Payee Checks only. we have paid to the builder by a/c checks only towards acquisition of the said property,4 years back.That time onwards,we spent about 8,00,000.00(eight Lakhs) for Woodworks,False ceiling and Modular Kitchen and Furniture etc periodically and we do not have all the receipts of that expenditure on our files. In the above circumstances,please clarify,if we can allow the current buyer of our property to show the break up of sale consideration,as stated in para 1 above.An early reply from you will help us to go ahead and enter into an agreement for Sale accordingly. Awaiting your response
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
15 ca and 15 cb details