In November 2021 Partnership Firm was converted to LLP and subsequent to change Name in PAN Number was changed
Now while filing Income Tax Return of Partnership Firm for A Y 21-22 error is coming
Name does not tally with PAN data base and return of income is not getting filed

My question is what should be done now so that Income Tax Return of Partnership firm is filed ?

Hi All,

I have a query regarding tax saving components of Salary. My new company has given me the flexibility to define my own Salary breakup/Salary components.
Now I want to know what tax saving components can be included to save taxes.
I am not using HRA.
I am making the basic as maximum component so that my EPF contribution (12 percent of basic ) from Employer side is Tax exempted.
I am taking LTA of 60000 per year.
what other components can I include to save on taxes.

Regards,
Navjot Singh

Dear Members,

Can a company pay Rent to Minor ,if father who is owner of the land gives declaration to a Company to pay Rent in the name of his Son who is minor?

If possible pls share the case laws

Thanks & Regards,

Ravi Konda

r

Dear All,

Kindly give input and clarity

My client central govt employee claiming HRA for Bangalore and Northeast (his family staying rented house in bangalore and he is stayed at gowhati for work purpose) and he paid rent for both house , can he claim rent for both the houses actually paid - kindly needed your inputs, since audit team are not allowing HRA claim for bangalore is this correct?
.

Please reply in brief.

Sir
while claiming the premium paid recpts for lic policy under 80c can be claim gst paid also along with the premium paid.

Sir,
It assessee amount rs:25 lacs from friend through on bank account received after rs:25 lacs amount pay cheque to friend.friend rs:25 lacs amount purchase of property purpose used.
Question:
Assessess rs:25 lacs receipts and payments to friend transaction treatment in books and accepted in it act.

Hello sir,
I get the cheque from my friend amount 2 lakh rupees from his business cash credit account for his entry settlement. And he want that money back after 2-3 days through my saving account cheque. should i deposit his cheque in my saving account in bank ? Please advice. is there any penalty in income tax like this kind of transaction.?
i shall appreciate if you could help me regarding above mention transaction.

Thanks.

one having income as "ayurvedic massage receipts"; can he opt 44 AD or 44 ADA ?

Dear Sir,

During filling ITR i have mention three bank account apart of 3 account 2 account not linked to my income tax account. i have done many validation requests but not validate
so suggest me what to do in case.