Sir/Madam

I have not able to download AIS & TIS online for my verification. What should i do??
I have dealing in share trading & MF and i have to prepare my tax computation.

Please suggest best possible way

While Filling ITR 2 for AY 2022-2023, in Income From Other Sources schedule, there is section to be filled for Income Taxed at Special Rates. This section includes the field "Accumulated balance of recognized provident fund taxable u/s 111".

What is this section about, who is it for and how to fill this section. It would be very helpful if the same could be demonstrated by taking an example.

Thanks in advance

When I view my Form 26as, I see some amount credited. I have not received the amount in any Bank account. How can I verify if it is a wrong entry? If done deliberately by someone how to verify in which account the amount has been credited using my PAN number?

After adjusting TDS receivable from my total tax liability and further payment of Self Assessment Tax there is no further tax liability for particular financial year. The IT Return is assessed u/s 143(1).
Now can i transfer the Tds receivable and Self assessment tax to Capital A/c by passing journal entries as below

Capital A/c
To Tds Receivable
To Self Assessment Tax

Or transfer the same the to expense account

Note: Status of Return filer is Individual

Hi experts,
Please read below and provide your insights
I worked for a Japan Company from India before I moved to Japan I received salary for 7 months in India (which they transferred from Japan after deducting tax at Japanese rates @10%) . For A.y 2022-23 my tax status is Resident of India.
wanted to know below
1. Is salary received in India for those 7 months taxable in India or not considering I've already paid tax at source in Japan
2. If it is taxable what is the DTAA benefits I can avail and any tax reliefs I can get ?

Thanks in advance

Dear experts
What is the due date of filing return s for
a) 12A registered trust
B) unregistered trust, club and association

I had recently filed ITR for AY22-23 with a total Tax due of around INR 20K by clicking on "Pay later". In fact, I was not factually aware that this may lead to default in return, and wanted to recheck the due amount before payment. This due Tax amount of INR 20K was then later paid by me a day later after filing of ITR. The challan has still not got updated in the income tax e-portal, as of now (about 7 days post filing return)

My questions are:-

1) Will the challan details get updated in the income tax portal against my PAN and generally how long does it take for this to happen.

2) Is there any procedure to update my challan post ITR filing.

2) Do I need to file revised return or it is not needed. There is no mistake in ITR, only it was filed with due Tax amount, which has been paid a day after filing return.

Thanks indeed for all your help,

In a partnership firm, one partner is reducing its share by 8% from 33% to 25% & other partners are acquiring the same.
Total Capital of Firm as on date of transfer - 170000/-
Capital of partner with 33% as on date - 114000/-

Will there be an internal entry to be passed for the said exchange of shares (If yes, then at what value ?
Is there will be any tax to the partner or Firm ?

During working of sec 89 relief can we consider deduction under Sec 80 which is not claim in income tax return previously due to no Tax lability .
Tax payer not claim Sec 80 DD deduction of Rs 1.25 Lakh in previous 3 years , working of 89 relief for average tax rate can we reduced taxable income .

Dear Experts,

our company is a proprietorship. last year we stared the business our owner introduce 1,00,000/- as capital in this company.
after some time he deposit 10,00,000/- and 8,00,000/- (Total amount Rs.18,00,000/-) in current account for purchase material.
after that he sale material in 25,00,000/- and he withdrawal 18,00,000/- back in his personal account.

now at the end of the year company profit is 7,50,000/- and he want to withdrawal his capital amount of Rs.-1,00,000/- and profit amount also.

my question is :-
1- Is this possible to withdrawal capital and all profit from company or we treated this as drawing from company
2.- on Which amount we calculate the income tax.