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

I HV MISSED TO FILE ITR FOR FY 2020-21. CAN I FILE IT NOW. IS THERE ANY PENALTY OR FINE IS THERE.

PL GUIDE

I am computing income from house property. I am just confused regarding Municipal Taxes.

I have paid property tax and solid waste management tax to Municipality (Composite amt) and have also paid Urban Land Tax and Water Tax to Municipality for FY 21-22.

Can anyone let me know what tax to be considered while calculating Net Annual Value?

My client transferred money to his wife's bank account & some of his debtors also directly transfer the payment of his supply to his wife's bank account. His wife invested money in MF from the same bank account. My client filed ITR 4. Are all receipts from their wife's bank account clubbed with his business income? If yes then where does he show this clubbed income in ITR 4 by mentioning his wife's name, PAN, Adhaar no. etc. ? or does he naturally add this income with his income in ITR 4 without mentioning the name of his wife?

sir,
A Gst registered jewellery business dealer bank charges and testing service charges(hall mark charges) and personal purchases rs:35510/- show in AIS INFORMATION in f.y.21-22
Question:
Assesee above mentioned rs:35510/- amount business expenses or goods purchases added or debited to capital account treated income tax purposes.

Dear Sir ,
With reference to relief u/s sec 89 , in previous years we could not claim deduction u/s 80 due to income is less then 5 lakh .

Dear Sir ,
Taxpayer is salary employee in current FY 2021-22, employer relive from service him with paid of compensation of Rs 8 Lakh .
Assessee wants claim relief of 89 for compensation .for computing average rate of tax by adding 1/3 of the compensation amount for last three preceding year .preceding 3 years taxable income more then 2.50 lakh but less then 5 lakh. he was not claim all deduction of sec 80 due to no tax liability was arise on that years . In current FY sec 89 relief working can we consider deduction which is not claim earlier in income tax return .

Sir,
Normally Assesse who receive commission income is required to file return of income with books of accounts. But there is an option to file return of them without books of accounts. Upto which amount of commission, we can file return without books, ie without P&L and balance Sheet?

LOOKING TO GET AO CODE FOR SOLA SCIENCE CITY, AHMEDABAD AREA FOR PARTNERSHIP FIRM

Dear Sir/ Madam,

Please

Challan details mentioned in the statement not present in the challan file imported - This error is seen while filing Q1 Return - can any one help
Error report saying

t-fv-3141

Thanks
Sarath Kurian

If my income in Crypto Virtual Digital Asset is upto 5 lakhs per annum and which is short term in nature, do i still need to pay 30% tax on the income earned upto 5 lakhs? Is Rebate u/s 87A applicable to income solely comprising of income from Virtual Digital Asset??