Dear Sir,

What are the consequences if the auditor does not file income tax return of a Pvt Ltd company for fy 2021-22 which is not liable for tax audit.

The return was not filed as the director of the company didn't pay him the past year's audit fees. It is a loss making company.

Please advise.

Regards,
Divyesh Jain

Dear Expert,

We would like to know that one of our employee had purchased Mediclaim valid for 3 years in FY 2021-2022.

Now our question is that if she has not claimed in the financial year 2021-2022, can she claim it in the financial year 2022-2023 or not?

If yes, then our next question is, can she claim only for one year or can claim for the next year also. Since she has paid Rs.68,000 for 3 years, we know that Rs.25,000 can be claimed in 80D in one year.

Dear Sir,
On selling rural non-agriculture land into various plots on different dates.
Can I exempt capital gain on purchasing new agriculture land within 2 years?
How to exempt taxes by other ways?
Please clear.

is interest on non convertible debentures and security on half yearly basis and also whether interest to be calculated on Face value or quantum.

if someone e verifies the revised return with a condonation request after receiving intimation u/s 143(1) of the original return, is it acceptable by deptt?

Can ITR-U be filed for Income Less than Rs.5,00,000. But late Fee Payable Rs.1000?

Hi All,

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Thanks

Good afternoon sir/s,

weather NRI Income is to clubbed/reflect in ITR while filing the return of income in India, he is having only capital gain for the year

Hi,i want to know if my date of agreement of flat purchase is in 2017 and date of allotment in 2016 but got possession of flat in 2022 what will be my date of acquisition if sale this flat in 2023.Ll it be short term capital gain or long term capital gain .ll indexation will apply of date of acquisition of property.And if there is loss on sale of property still we have to invest in property.

Sir/ Madam

Since which financial year it is compulsory to issue TDS certificates from TRACES.
Pl provide Reference of Notification / Rule ....

Thanks