Dear sir
Its applicable for companies also .
And please share notification

I am trying to file form 10IE in the new portal for the past 3 days. But, I couldn't file. Can someone give reason?

Circular number for payment of 20% demand of tax for filing appeal

No entry in Income from Lottery, Crossword etc., but wants a breakup of the quarterly income in serial 10 where we have to show for the dividends. This seems to be a technical problem with the ITDe form.
A new version has been released a few days back. Maybe this problem is fixed. Can I take a Final JSON back up and then download the new ITDe form? will I be able to load the entire form back again? I do not want to enter the whole thing all over again.
Thanks.

When we used excel based ITR-6 provided by the ITD site, json file of ITR is generated but at the time of uploading json file on ITD portal, it runs validation and shows error "Invalid hash value identified, modification to ITR details outside utility is not allowed". Is there any solution for rectification of this error. I prepared ITR multiple times but getting same error. There is no customer care, raised multiple grievances online but no reply till date.

Dear Sir,

My father expired 2 years back and he was having a bank account in which I am the joint holder in the account.

Can I keep this account operational and show it as my account under Income tax while filing return. I am the second holder in the account.

Regards,
Divyesh Jain

What are the tax implications from Income Tax Point of view

is the provision of section 44ad(4) i.e. declare profit for the five assessment year, also applicable on 44ADA? If one person files a return under section 44ADA for the financial year 2018-19 and opt-out from 44ADA for the financial year 2019-20 and files ITR 3 (maintenance of books of accounts.) Can he file a return again under section 44ADA for the financial year 2020-21? Kindly clarify.

An individual purchased a commercial shop under construction in 2017-18 after paying a substantial amount and executed an agreement of sale. However possession was handed over to him only in 2020-21.
1.If he sells sells the property in the current year, what will be the period of holding i.e., will it be considered as a long-term or short-term capital gain?
2. If it is a long term capital gain, will year of indexation be considered as 2017-18 or 2020-21 for cost of acquisition?
3. Are there any case laws to support the same?

This problem is in AY 2021-22. I am a Resident and do NOT have any income by way of winnings from lotteries, crossword puzzles, races, games, gambling and betting and have not filled anything in Sl. No. 2a of Schedule OS relating to income at special rates. However, during validation of ITR ( whether online or through JSON utility), I get error "In schedule OS. Sl. No. 10, the quarterly break up by way of winnings from Lotteries,...betting, (etc.),referred in Section 2(24)(ix)is not equal to Sl. No. 2a Winnings from Lotteries, etc. chargeable under 115BB-DTAA 115BB respectively. Even if the values are input as zero in both serial nos. 2a and 10, the error keeps cropping. Hence upload of return is no possible. Please advise.