Rashmi Asija
This Query has 3 replies

This Query has 3 replies

27 July 2022 at 18:36

Income Tax Form Ten E

suppose income of 19-20 is 500000

Income of 20-21 is 1000000 which includes 100000 arrears of 19-20 and accordingly 10E filed for 20-21

Now in 21-22 again arrears of 250000/- received for 19-20 and 300000 for 20-21.

Now for 21-22 10E Form can we consider 600000 income for 19-20 and 900000 for 20-21
or 500000 for 19-20 and 1000000 for 20-21




Abizar
This Query has 15 replies

This Query has 15 replies

I have Long term capital gain of 12L from Sale of Plot and LTCG of 120K from sale of shares also STCG of 20K from shares. I have purchased House for 15 Lacs within a week of Transfer of land. When i am claiming deduction under section 54f stating purchase cost of my house to be 15lac and claiming exemption of 12 lac LTCG it is not allowing me and showing error that deduction u/s 54f claimed here should match with total of deductions claimed in respective assets.
please advice me with this error and how can i claim capital gain deduction under section 54F.

Thanking you


MOHD SHAHID
This Query has 1 replies

This Query has 1 replies

29 July 2022 at 12:05

TURNOVER IN ITR

hello, Sales reported in GST in fy 20-21 2755000,but due to overlooking 50000/- sale amt of march 2021 could not be reported in R-1 of March2021. The total sale of 20-21 was 2805000/-. The sale of March 2021 was reported in R1 of April 2021. Now sale in 21-22 is 2975000/- including unreported sale of March 2021 Rs 50000/-. Now question is how much sale to report in ITR in GST sale reporting column. Experts valued opinions are sought.


nitin
This Query has 1 replies

This Query has 1 replies

Sir Suppose Mr. has purchased an Office on 1/7/22. The Agreement Value is Rs 68,50,000/- & Ready Reckoner Value is 75,05,700/- but the Builder has paid Stamp duty 6% Rs 4,50,600/ on Rs 75.07,000/- (on the advise of agent who does the registration work).
Please clariy TDS 1% on sale Property is to calculated on Agreement Value Rs 68,50,000/- or Rs RR Value Rs 75,05,700/- or 75,05,700/- (on the basis of Stamp duty paid.

Please clear my doubts


Ashim kr Ray
This Query has 1 replies

This Query has 1 replies

27 July 2022 at 17:44

Unable to claim 80p in itr 5

Sir

I am unable to claim 80p schedule in ITR 5.
At the time of filling AMOUNT IN BANKING FACILITY ANOT BE CLAIM IN SHEET SCHEDULE 80P


Keyur
This Query has 3 replies

This Query has 3 replies

Sir/Madam

I want to know we must have to submit online form 10E online for getting relief before filling ITR 1 online??

Suppose i will submit after filling of ITR 1 then relief will be available or not??

Clarify me at earliest.


Amandeep Singh
This Query has 1 replies

This Query has 1 replies

27 July 2022 at 16:12

ITR Processed Time FY 2021-22

Dear Sir

How many days are to processed the ITR any time period .I have my filed ITR on 13 July ITR-4 its mention under Processing and my friend filed His ITR-1 today morning and same processed after 15 Minutes.


Vaneet Monga
This Query has 1 replies

This Query has 1 replies

Dear Sir

A person have income from Business . He mainted proper books of accounts. Capital, Profit & Loss account & Balance Sheet in ITR where he can Show. Previous year he filed his ITR under 44AD not mainted books of accounts.


KISHAN ANAND PATIL
This Query has 1 replies

This Query has 1 replies

Please share the format for computation of Income of LLP company Director.


Anita Vyas
This Query has 1 replies

This Query has 1 replies

27 July 2022 at 13:39

Paghadi redevelopment

We have a paghadi system, rented property in Mumbai. Now the property is going for redevelopment. We will enter into an agreement with the builder, making us tenant to owner. My query is , is capital gain tax applicable to us. If yes, what will be rate. The paghadi of Rs 8500 was paid in 1963. Can we take indexation into consideration?






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