This Query has 1 replies
Sir,
A resident Doctor professional income (online teaching classes) received from USA and professional income from India.
Question:
1Assessess it returns two or one filed
2.USA income show procedure in it returns
This Query has 5 replies
I have brought forward short term capital losses. On checking the bank account details in income tax login one out of my three accounts shows validation failed due to account pan IFSC linkage. If I file my return with the validation failed account will my return be considered defective and will my losses be eligible to be carried forward?
This Query has 1 replies
Dear Sir,
While filing an ITR-1 unable to find the deduction u/s 80D mentioned within Form 16, but an Assessee is in possession of Policy Document consisting of claiming a Deduction shall I consider his plea and grant him a deduction u/s 80D, kindly advice.
Warm Regards,
Aditya Ghatge
This Query has 1 replies
Is it mandatory or optional to show gift received from relatives under exempt income while filing the return? What if we file the return without showing the same?
This Query has 2 replies
There was a mistake in AY 20-21 return thus leading to some excess amount payable. Hence the refund for AY 21-22 was kept on hold after issuing intimation u/s 245. Within 30 days response to the intimation was filed by rectifying the return for AY 20-21 and the same was processed in few months.
Now that return of AY 20-21 is rectified with no tax payable, when will the refund that was kept on hold for AY 21-22 be released? I already tried raising grievance but no response.
What is to be done? Somebody who's faced similar issue pls guide?
This Query has 6 replies
I'm getting the following error while filing ITR - 7 Form. I'm using computax software for filing of ITR. If anyone knows how to clear it, kindly reply.
Error : In "PART B- TTI", value at Sl.no.'11' "Refund" should be equal to value of Sl.no.9e- Sl.no.8.
This Query has 1 replies
Sir,
It assessee SBI life insurance flexible smart covered rs:100000/- yearly *10 years sum assured amount rs:10 lacs .if assessess SBI life insurance amount received rs:11,50,000/- f.y.21-22.
Question:
Assessess SBI life insurance amount taxable or exempted in it act.
This Query has 1 replies
A person has Rs 4 crore capital gains from trading of shares. To avoid CG tax, he wish to purchase residential flat. He will make Rs 80 lakhs as down payment and rest Rs 3.2 crore on getting possession after 2 years. Whether he needs to deposit Rs 3.2 crore in CG deposit account to claim exemption or he can park the fund as per his own will?
This Query has 3 replies
After filling my IT return(AY 22-23) I got a demand notice from the IT department as the TDS done by bank is Mismatched because of Form 26AS does not contains partial amount of TDS with respect to the Tan mentioned in schedule TDS.
What is to do now?
This Query has 1 replies
Sir/Madam
I have one doubt, please resolve the same-
1) How to know donation paid is eligible u/s-80 G is covered under 50% /100 % amount of donation??
Is we can trace eligibility based on trust registration no??
2) Is it possible that last/past period it covered 50 % limit and in current year onwards it will cover under 100 % limit??
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Two incomes show procedure in it returns