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Ashish
This Query has 5 replies

This Query has 5 replies

I am a senior citizen and wasn't aware to claim 80ttb deduction from last 3 years ,can rectification be done for same so that i can claim refund? can i add deductions to previous year returns?


Sanjay Keskar
This Query has 5 replies

This Query has 5 replies

26 July 2022 at 15:12

Filing of IT return for FY 2021-22

Dear Sir, I have salary income from one Bangalore based company from Apr-21 to Sep-21. They had TDS of Rs. 12000/- from my salary. But not remitted to IT dept yet. Income as well as TDS is not seen in 26AS. That company is now in under bankruptcy process & don't know when remit it.
Secondly, From Oct-21 to Mar-22, I have income from of technical visit fees etc... (approx. Rs. 2.25 lac). Now deadline for filing IT return is near. Kindly guide me how I can file IT return.
Thanks & regards - Sanjay


Dharam Pal
This Query has 1 replies

This Query has 1 replies

27 July 2022 at 17:49

Interest on commerial property

Sir
My son received loan for purchase of shop and paid EMI per month to Bank. Please advise any rebate on Interest on Loan for purchase of Shop and how many amount of rebate
Thanks
Dharam Pal
9810600330


ARCHANA
This Query has 5 replies

This Query has 5 replies

26 July 2022 at 14:00

80TTB Deduction for Senior Citizen

Sir/Mam,

Individual Senior Citizen

Dividend 17474,
SB Interest 37429
Deposit Int. 24300
Total 79,203

But in 80TTB online filling option only 24300 taking actually 80TTB is 50,000 Exemption

Please advise I will take 50,000/- or 24300 in online filing

Thanking you,


Sanchit
This Query has 3 replies

This Query has 3 replies

26 July 2022 at 13:43

Salary Slip Break Up

Dear Sir,
We are a start up company having 2 directors and both director's are taking Rs. 50,000/- per month salary. We have deducted the TDS against the Salary Amount but we want to know Salary Breakup which will be more beneficial for tax purposes.


akshay maloo
This Query has 2 replies

This Query has 2 replies

26 July 2022 at 10:38

44AD real estate business

Can I person who is into business of Developing and Selling of Plots claim section 44AD of Income Tax while filling ITR? If Yes, then what business code to be choose in case of nature of business?

Thank You


Krishna
This Query has 1 replies

This Query has 1 replies

26 July 2022 at 08:46

Section 115baa & 115bac

Do we need to file form 10IE(115BAC)
& form 10IC (115BAA for companies) every year ?? or we need to file during 1st year of opt in ??
second query is can we opt out from this sections ??
As per my understanding 10IE is required to file for ITR 3 or 4 once while opt in n not required to file again in subsequent years. form 10IE is required to file again while opt out & once opt out we cannot again opt for section 115 BAC. Form 10 IC is required to filed only during 1st year of opt in n not required to file in subsequent years. once filed form 10IC then cannot opt out of this section. Is this correct ???


SHYAM KRISHNAN K
This Query has 2 replies

This Query has 2 replies

26 July 2022 at 07:17

SFT regarding credit card usage

While filing IT return, my 26 AS has been reported an SFT of 17 lakh regarding usage of credit card. Actually this spending was not fully pertaining to me. My family and friends using my card for their purchase and i collect money aginst the same on my card due date. Is there any problem in this?. Is this require any further clarification?


esai arasan
This Query has 1 replies

This Query has 1 replies

Items 1-5 is to be filled if Yes is selected in field Are you liable to maintain accounts as per 44AA ? in General Schedule - Audit Information Item 6 is to be filled if ' No ' is selected. How to short out.


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

Sir,
A person cash gift from non relative value rs:3 lacs previous finicial year.if assessee rs:3 lacs not showing income treatment in it returns.
Question:
Assessess above transaction show procedure in books and it returns.






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