This Query has 2 replies
TDS payment for the month of october has been made through income tax portal, the challan regarding the same has not made available on any where. Is there any scope for download TDS challan from IT portal
This Query has 1 replies
My friend went to Canada almost 200 days (more than 6 months) back as his PR got confirmed.
He won a lottery for a million dollar.
Do he need to pay tax to Indian govt.
This Query has 3 replies
Good evening all, can a person purchase agriculture land by making payment in cash up to 2 lakhs
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An assessee an indian resident wants to gift to his NRI son Rupees ten lakhs as gift. The assessee earned income out os his salary and retirement benefits from govt. Is it allowable under FEMA. Is it exempt under income tax act. What formalities to be followed
This Query has 3 replies
I have received an intimation U/s 143(1)(a) for the proposed adjustments as below :
There is inconsistency in amount mentioned in return at Sl. No. 5(a) of Part A OI "The items falling within the scope of section " as compared to amount mentioned in clause 16 (a) of audit report
Facts of the adjustment:
In Form 3CB-3CD i have declared the renumeration recevied from a partnership firm Under Clause 16(a) -The items falling within the scope of section 28;
However, in IT return have disclosed the same under point No.24 of schedule BP and not in Point 5(a) of Part OI-The items falling within the scope of section
Please advise the correct head of reporting the aforsaid income in Form 3CB-3CD and in IT return.
This Query has 1 replies
Hi there, I am an owner of a residential flat in Maharashtra. I am having registered leave and license agreement with my tenant. My tenant wants me to sign a NOC for him to register a Pvt Ltd company on this address. He is saying he will not do any commercial activity from here and this address is only for registration. He can sign an underwriting for not doing any commercial activity. Looking for a legal and/ CA advise.
This Query has 1 replies
While making a tds payment on sale of immovable property, I made a single payment for 2 co-owners (husband and wife sellers), hence entire sale and TDS amount is seen under one owner's name. Now Income tax has rejected the TDS return of the seller as he had stated only 50% of sales amount whereas 26AS is showing entire 100% of sale consideration. What needs to be done now in this case?
This Query has 4 replies
Hello Sir,
Kindly inform that I(First holder) and my wife(second holder) hold joint savings acct. If I give gift from this joint account to my real sister then any tax implications on my sister as it is joint account with my wife. Can I execute gift deed and state that this gift exclusively made from my fund. Please guide. Thanks in advance.
This Query has 1 replies
Hello Experts, I am facing an issue, while replying to a notice on Compliance Insight Portal, i have filled all the mandatory fields like Response/Remarks, uploaded needed documents, when i click on Submit button, I get a pop-up window says Info "undefined", only button available in this window is "Ok" button, as soon as we click on ok, we are back to Response Submission page. Apart from not able to submit response , nothing happens. Already opened Grievances & tickets on Compliance & Income tax portals but nothing helped till date. Its already couple of days gone with same error msg.
This Query has 5 replies
After clicking on generate jason file , the ITR4 UTILITY for fy 2021-22 is showing that the file is saved in a folder , but the filder is not showing that file.
Please guide
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Download TDS payment challan from IT portal