Amar Narang
This Query has 1 replies

This Query has 1 replies

23 September 2021 at 19:16

Itr 2021-2022 under process since 19.8.21

ITR OF MY SPOUSE IS UNDER PROCESS SINCE 19.8.21 FOR THE YEAR 2021-2022, IT WAS SUBMITTED ON 26.7.2021.,CONSEQUENTLY REFUND OF RS 38000 IS HELDUP.
REFUND PORTAL INDICATES THAT AO HAS NOT SUBMITTED/PROCESSED ITR TO BANK.
IT IS CONFUSION,WHO IS AO? AS PER JURISDICTION,AO SAYS IT IS CPC AO TO DO JOB.
Can we refile itr or we should wait.
CAN ANYBODY GUIDE AT. narang.nath@gmail.com


Meenakshi . S
This Query has 2 replies

This Query has 2 replies

23 September 2021 at 18:49

Notice u/s 143(1) and HRA

I received notice u/s 143(1) which disallowed my HRA exemption for the assessment year 2020-21. HRA exemption is not allowed when we live in our own house. I purchase a house property in 2019 with housing loan. I claimed deduction u/s 80c as well as sec 24a. I also live in the same purchased house. Should i agree with the disallowance and file revised return. please suggest


ANIL MATHUR
This Query has 3 replies

This Query has 3 replies

23 September 2021 at 18:38

EXEMPTED INTEREST ON FDR in itr 1

Where to show the exempted interest received on FDR in ITR 1


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

Sir,
A professional income it returns filed person gross receipts rs:40 lacs as per books in f.y.20-21
Sft-003 cash deposit in bank current account rs:45 lacs as per 26as in f.y.20-21.
Question:
Assess show in it returns income rs:40 lacs or rs:45 lacs in it act.


RAJESH GUPTA
This Query has 1 replies

This Query has 1 replies

Penalty Notice initiated u/s 272A(1)(d) of Income Tax Act due to failure of response u/s 142 (1) but the assessee has already submitted his response u/s 142 (1) its just he delayed by 15 days but he already submitted now what should i write to vacate the penalty


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

Sir,
It assess purchase of immovable property value rs:25 lacs
1.rs:20 lacs loan from bank
2.rs:4 lacs Repayment of loan in cash earlier give to mr .B
3.rs:1acs loan taken in cash from mr .C
Question:
Assess above transactions violation of sec 269 ss and 69 (un explaining income) applicable in it act.


CA Amit
This Query has 1 replies

This Query has 1 replies

22 September 2021 at 21:54

I need a AOP deed for Society

Please share some knowledge on AOP registration, post registration compliance, and Taxability of AOP (Persons want to collect the maintenance amount for society functions and spend on them if excess amount left with them what is the tax liability) Whether AOP can get the basic exemption limit or not (if yes what should we do).

Thanks in Advance to the learned Associates.
Kindly share the format if Deed for AOP registration (for society maintenance)
Emain ID is fcaamit.sarawgi@gmail.com


Legal Assistance
This Query has 1 replies

This Query has 1 replies

In assessment year 2012-13, What is the time limit for levying penalty u/s 271F and 271(1)c?


ravi
This Query has 1 replies

This Query has 1 replies

We Outsourced (Bought) Web Development Service From Freelancer Based In Germany And Amount Was Paid By Us To Fiverr (Agent) , Fiverr Paid That Amount Service Provider Of Germany.

In This Case How TDS Should Be Deducted Because Amount Is Indirectly Paid To Service Provider Of Germany Via Fiverr.

Should I Deduct TDS For Fiverr Or Else For Service Provider Of Germany ?

Please Reply


CA Meenakshi
This Query has 1 replies

This Query has 1 replies

22 September 2021 at 14:04

FDI LIMIT

One Indian company(Deal in Digital India) accepted 58% FDI in that case what is the rule followed by company I) to reduce the FDI limit or ii) the provision(i.e 26%) not affected retrospectively, because that is old co.






CCI Pro



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