We've to submit a rectification request for a company u/s 154. As a clerical mistake, we've ticked the "PREVIOUS YEAR SALE Rs. 400 Crore?" option as YES. So the taxation was on 30%. Now, we've to correct it. But as of now, IT Portal is giving only 3 options- 1. Reprocess of Return, 2. Additional Information for 234C Interest,& 3. Return Data Correction (Offline). Which option do i have to choose? or do I have to wait for sometime for activation of some specific option?

Dear experts,

My father retired in February 2021 but unfortunately he passed away due to covid in April 2021. He is due to receive bonus in December 2021. My query is whether this bonus from employer is tax exempt as ex gratia recieved from employer on covid death? if it is tax exempt upto what extent?

Kindly explain the purpose of Form 26AS.

Whether the Tax Credited should match with my books or the amount paid/credited should match with my books or both should match with my books.

In my case TDS deducted on account of Bank Interest matches whereas amount paid does not match with the interest received.

Our auditors says that both should match.

Kindly clarify.

Thanks.

10000 late fee is paid in income tax. Chellan copy is received
The amount is reflected in 26 AS web site.
Paid date : 8/Nov/2021
But I try to submit the Response outstanding amount income tax site. its show the error "Any open challan with such details is not available in the database for this assessment year."

What to do ... ?

XYZ PVT LTD (GST Registered Company) will Purchase a LAND from Amal Das(individual) which Value Come Rs. 50,50,000.00 and Payment will made Installment basic which shown below:
5,00,000.00 (First Installment ), 10,00,000.00(Second Installment) ,25,000,00.00(Third Installment) ,10,50,000.00(Final Installment)

Now our Question is 1) XYZ PVT LTD will deducted TDS against this Installment payment to Amal Das? If Yes then which Section applicable against this and send us Total Procidure.

2) GST RCM will applicable against this transaction?

Dear Sir /Madam

We Have Paid challan of Income Tax for F.Y. 2020-21, Amounting aprox. 25,00,000+ Intt. upto Sep-2021 before 30th september-2021 but now at the the time of filling of income tax return today the interest amount is showing to be deposit as per CA Sir
My question is why interest calculate ? whereas we have paid intt, upto sep 2021 but not filed ITR due to last date extended of ITR Filling up to 31Dec.2021. Kindly provide brief Information. and which section interest will be paid ?
I am not understand this is interest on Income Tax Amount or Late Filling ? Sir we should pay interest compulsory or not ? before filling ITR Kindly give your valuable advice.

Thanks & Regards
Raj

Hi,
While I am trying to upload audit report 3CB 3CD for client, I am getting invalid jason error.
I am also not able to see option to attach digital signature on my CA profile.
Let me know if anyone has solution.
Thanks in advance.

Dear Sir'/ Madam

We Have Paid challan of Income Tax for F.Y. 2020-21, Amounting aprox. 15,00,000+ Intt. upto Sep-2021 Before 30th september-2021 but now at the the time of filling of income tax return today the interest amount is showing to be deposit as per CA Sir
My question is why interest calculate ? whereas we have paid intt upto sep 2021 but not filed ITR due to last date extended of ITR Filling up to 31Dec.2021. Kindly provide brief Information. and whitch section interest will be paid ? this interest on Income Tax Amount or Late Filling ?
Sir we should pay interest compulsory or not ? before FILLING ITR pl suggest


Thanks
Rajendra

Dear Sir's

We Have Paid challan of Income Tax for F.Y. 2020-21, Amounting aprox. 15,00,000+ Intt. upto date on 25th september-2021 but now at the the time of filling of income tax return today the interest amount is showing to be deposit as per CA Sir
My question is why interest calculate ? whereas we have paid intt upto sep 2021 and the last date extended of ITR Filling up to 31Dec.2021. Kindly provide brief Information. and whitch section interest will be paid ?

I was trying to put the name of mutual fund in itr2 but not able to insert In Sec 112A of capital gain shedule.
Though I have put isin number.
What action needed