Patel
This Query has 4 replies

This Query has 4 replies

03 June 2022 at 14:30

ITR-3 Filling

I done trade in only FNO and Loss 80000/ from Turn over only 80 Lacs in FY 2021-22 with all digital transcation and no any other income so when I fille for AY 2022-23 ITR-3 upload, Message shows Your income less then 8 % and you need to Audit I have no any other income. why this message show.
As per rules for audit is above turn over 1 crore and total income exced above basic exemption limit then audit is require. so please give proper answer.


AMANDEEP
This Query has 1 replies

This Query has 1 replies

The assessee sold Ancestral land via plotting in parts & constructed a house after completion of land sale & consumed all the sale price in construction.
Can we treat the said sale as capital gain or should we take it as a Business Income.

The assessee has not been filing any itr for the past 10 years as there was no Income.


sudheendra
This Query has 3 replies

This Query has 3 replies

03 June 2022 at 13:30

ITR-5 in excel

Do you have ITR-5 in excel format ?? Couldn't get the same in internet.


PARAS CHHAJEDpro badge
This Query has 1 replies

This Query has 1 replies

03 June 2022 at 12:59

Reassessment order quashed

Honourable Bombay High Court in the case of Emcure Pharmaceuticals Limited V/s. Assistant Commissioner of Income Tax Central Circle 2(1), Pune and Ors. in Writ Petition No.5293 OF 2022 decided on 05.05.2022 has in Para 5, held as follows:
5. In view of the above, wherever the assessment order has been passed those assessment orders will stand quashed and set aside. So also the consequential orders/notices.
My query is that whether the quashing of assessments made in the cases of petitioners alone or all the cases where assessments have been made pursuant to notices issued between 1.4.2021 and 30.06.2021 shall stand quashed.

Please guide.


sudheendra
This Query has 6 replies

This Query has 6 replies

02 June 2022 at 10:05

Private Trust income tax return

Dear Sir/Madam,
We have a trust founded for agriculture related programs.

Please inform the Income Tax return number to file its returns.

Thanks


Ashim kr Ray
This Query has 1 replies

This Query has 1 replies

sir,

A petrol pump dealer at the time of purchasing oil paid vat to assam govt. Whether again have to vat return in assam .is it compulsory to do vat return in every month.


niloy sanyal
This Query has 5 replies

This Query has 5 replies

01 June 2022 at 17:28

16b (Property TDS Certificate)

Note that we are a Pvt Ltd. company and we are already register in Traces website through DEDUCTOR Category and issue to party Form 16,Form 16A easily , but this time we are unable to download form 16b (Property TDS Certificate) .
Do I have to register again under Tax Payer category for download of form 16b?


kanika
This Query has 2 replies

This Query has 2 replies

hi
Such certificate is required or exists as per the income tax act to have an Income tax clearance certificate for sale out of the property of a person?


FOUNTAIN HEAD PVT LTD
This Query has 2 replies

This Query has 2 replies

04 June 2022 at 12:13

TDS BENEFIT CAN GET FOR LAST 2 YEARS

my client do not filed for last F. Y 2019-20 & 2020-21 years. can he get tds benift for last years if he file f.y 2021-22?.


vikrant
This Query has 2 replies

This Query has 2 replies

01 June 2022 at 11:53

RETURN TAX

One of client has not filed the income tax return since 2017 - 2018 financial year . The client is salaried person now how can i file the return online please help .






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