Hi,

Please assist on below query:

I have withdrawn the balance from my PF account before completion of 5 years of service with CG India private Ltd.
TDS has already been deducted on withdrawal
Its not clear to me if the amount of withdrawal (both employer and emloyee contribution including interest is taxable or exempt)
I have been in more than 5 years of continuous service including my previous employer
The current employer from whom I have withdrawn PF I was in less than 5 years of continuous service and the balance withdrawn pertains totally to current employer contribution
How to decide on Taxability / any provision which can make the contribution exempt.
Please guide accordingly as I have to finalise and file income tax return for current year
Any provision which can help to save some tax.

Thanks in Advance,
Regards,
Tripti

What should be the 'nature of employment' in ITR for a person if he retired from a central govt job during the previous financial year and after a few months got another job in a PSU during the same financial year.
He got non taxable allowances exempted under various subsections of 10, when he was a central govt employee, got encashment of leave exceeding more than 3 lakh (fully exempted from tax for central government employee), and various other retirement benefits and pension received in a PSU bank.

Note that I receive pension from EPFO(Employees Provident Fund Organisation) Rs. 1128.00 PER MONTH which has started in the Financial Year 2020-21 . please guide me urgent basis in the whether this income is exempt form tax U/Ds 80 C or is it a taxable income on this matter by referring income tax provisions .

If Pension Income is Taxable Income then which is the process it is show in the computation sheet for the Assessment Year 2021-22.

Dear Sir,

If a person is into Business of providing hr services and teaching services and his tds gets deducted under Section 194JB, can he adopt presumptive Taxation scheme and file return under Section 44ADA.

Please help me in this matter.

Regards,
Divyesh Jain

Dear All,

I have validated the bank account for refund of my client but it is showing that bank account validated but there is mismatch in name as per bank records. However at both the places there is no mismatch in name.
Actually i want to raise refund reissue request but the mobile no. linked with Aadhar has been surrendered and EVC can not be generated due to name mismatch issue.
What can be done now??? please help

Dear Sir/Madam,
I'm filling ITR4 (consultancy fee) for the fy 2020-21. I need help regarding above subject i.e. i have sold my mutual fund long term & short term equity oriented mutual fund) calculation as follows: 1.long term purchased at Rs.56000/- sold at Rs.67807/- differ -Rs.11807/- &
2. short term purchased at Rs.24000/- sold at Rs.28953/- differ -Rs.4953 (tax @ 15%-
Rs.742.95).
Please guide me where to show above values in ITR4.

Thanking you,
Ajay

There is a "Revised"button in the portel for form 10B. But could not file revised form 10B. Is it possible to file revised form 10B ?
Thanks in advance

I am paying rent Rs. 65000/month to one of my friend. However as per Section 194IB I read as "The above said tax shall be deducted: when rental expense for the last month of the previous year or the last month of tenancy, if the property is vacated during the year is booked in books of accounts, or at the time of payment, whichever is earlier.
Further I will be deducting TDS in the month of February 2022 at 5% on Total rent payable for the year. (it will be as 65000 X 12 = Rs 780000/- and TDS will Rs 39000/-. Hence Net Rent paid for February 22 will be Rs 26,000/- (Rs 65,000 Less Rs 39,000/-)

Am i liable to pay Interest from April 21 to January 22?

Sir,
A it person cash loans from different creditors rs:25 lacs
cash loan to different debtors rs:10 lacs outstanding ledger balance amounts previous from 2018 years show in books.if a person interest receipts and payments every year .
Question:
How many years writen-off compulsory cash loans provision applicable in it act.

DEAR SIR/MADAM CLIENT HAS GST DATA TURNOVER IS RS 29,51,433 AND 26AS TURNOVER IS RS 34,11,861. LAST YEAR WE HAVE FILED RETURN 4S WITH 4S WITH GST TURNOVER DATA BUT THIS TIME 26AS TURNOVER IS MORE THAN GST TURNOVER PLS HELP ME ON THIS. REGARDS