When I am running FVU for 26Q it is giving error and not generating fvu file for Q3 return.

Hi,

i had taken retirement at the age of 52 and i understand that i will continue to earn PF interest for next 3 years if there is no contribution.
i have below questions.
1) if I withdraw partial amount before end of 3 years after the retirement to make PF account as operative then can i continue to earn interest further till the age of 58 years?
2) what will the tax implications on the interest earned after my retirement (52 years) ?

Thanks
Rajesh

Can an order u/s 148(d) be revised u/s 264 of the IT Act, 1961?

Dear Experts,

Can we have to deduct TDS on payment to overseas vendor ?? If yes , is there any threshold limit.

DEAR EXPERTS,

IF MEMBERS DOES NOT CONTRIBUTE ANY CAPITAL TO AOP AND PROFIT ALSO NOT SHARED BY ANY MEMBER. WHAT IS THE AOP TAX RATE ?

If we are making a Payment to an entity whose income is exempt under section 10(23C)(iiib). Then can we be required to deduct TDS on payment to the such entity? If we are exempt from the deduction of TDS then please provide a section or any notification/circular if available. Thank You in advance.

One of my clients misplaced the 12A registration certificate and the trust is religious and charitable trust under Under Exemption 1/3 Kolkata.
Under this circumstance what is the to get the certified true copy of the 12A registration certificate.

Respected Sir Madam
Please guide for Calculating Capital Gains
Land purchases 1986
Factory Building built 1992
Factory Building has been capitalized and depreciation charged WDV of 31.03.2022 is Rs. 10000
Sale consideration 30.12.2022 Rs. 50lakhs for Land and 4Lakhs for Factory
Will this entail
1. Long term Capital Gains on Land calculated with indexation based on FMV of Land on 01.04.2001 AND Short Term Capital Gains on Building
OR
2. Should Long Term Capital Gains be calculated on land and building together
Plz guide which method (out of 1or 2) should be adopted or suggest any alternate method of Capital Gains calculation.

Thanks

I failed to file my revised ITR for AY 2022-23 on 31st December even after putting all the effort by login to my income tax account and even after paying the differential tax including penalty, fees through income tax portal. There was no submission option available after validation. There was one tab for verification of ITR. I tried verification of my draft return through HDFC bank and even reached the bank page. I didn't received any confirmation from the Bank or Income Tax department that my ITR is successfully filed. Also my draft filled up data was not thereany more. It looks the changes effective 1st January was implemented on 31st December in the portal which prevented me to submit my revised ITR. I raised multiple grievance through my login also called up CPC Bangalore sent few emails they insisted me to download the utility and file the return u/s 139 (8A). Last few days I am struggling since the ITR 2 excel utility at the time of download getting error has a bug thus cannot be used. I also have tried using desktop utility ITR 1-4 where there is no option for filing u/s 139 (8A) under the filing status of Part A of General Information. Please note original return for AY 2022 23 was filed before due date on 30th July.Please guide me with your experience so that I can file the revised return. Thanks

Sir,
I am selling my home. Buyer is taking loan from bank. Bank is ready to give only 75% amount for home registry. Remaining 25% amount would be given as bank draft for home renovation. This would save stamp duty for the buyer.
I would not spend 25% amount on home renovation but would give capital gains tax on this.
Is it fine for Income Tax Return ?