T.T.VIJAYAPRAKASH
This Query has 1 replies

This Query has 1 replies

27 August 2021 at 14:59

Relief u/s 89(1) FOR INCOME TAX ACT

MR A.PENSION RECEIVED RS.788072/- AND ARREARS OF SALARY RS,348227/ ( ASST-YEAR 2017-18 TO 2019-20)- FOR THE ASST-YEAR 2021-22. HE PEERED FOR FORM NO.1OE. RELIEF IS RS.0.
.1) THE RETURN FILING FOR TAXATION U.S 115BAC.

2). TOTAL INCOME RS.1136299/- (788072+348227)
3) TOTAL TAX RS.106350/- LESS TDS RS.54000/- BAL. TAX RS.52350/-
HE FILED FORM NO. 1OE OPTIONAL ? ARE COMPULASRY.
THANKS


CA Rapunzel
This Query has 5 replies

This Query has 5 replies

A client sold an apartment in 2020-21 and amount was also received in the same year. But the sale deed was made in the year 2021-22 .
My question is when should the sale be considered ? year 2020-21 or 2021-22 ?


Arvind Dubey
This Query has 2 replies

This Query has 2 replies

IT dept has frozen my company Current Account due to non-payment of one penalty Demand.
1. Can i open some other current account.
2. How to unfreeze the said current bank account as I want to start receipt/payment in bank.
Pls suggest.


CA Rapunzel
This Query has 1 replies

This Query has 1 replies

M client sold an apartment and made investment acc to sec. 54EC. Can i claim deduction in current year even if investment was made in next financial year but was made within 6 months of selling the property?


TARAK KUMAR ROY
This Query has 1 replies

This Query has 1 replies

27 August 2021 at 13:06

YOUR ARTICLE ON PRIVATE TUITION INCOME

I have gone through your article for the matter cited above along with IT audit U/s 44ad and eligible persons U/s 44aa. My opinion is presumptive income from private tuition on full or part time be allowed on 6% or 8% on net income as presumptive income and at per he/she can file ITR-4 for the A.Y. 2021-22. Kindly send your opinion to proceed further.


CA jignesh daiyapro badge
This Query has 1 replies

This Query has 1 replies

27 August 2021 at 12:24

Tds On Franchises Agreement

Dear Sir

Whether Any Tds Becomes Applicable For payment To Me Made To Franchisee For Selling Our Product .
All Payment Will Be Collected By Us And Then Remitted To Franchisee As per Revenue Sharing Agreements Based On % Of Revenue Generated By Him .
All Day to Day Expenses For This Agreements Will be Borne By Franchisee Only Except Advertisement cost .
Advertisement cost Will Be Borne By Us For Our Product .

Please Advice For The Same .


Madhusudan Dubey
This Query has 1 replies

This Query has 1 replies

सोसायटी आयकर अधिनियम 1961 की धारा 12A , 80G और FCRA-Act के अंतर्गत पंजीकृत सोसायटी है ।
जिसका PAN No --------

सोसायटी अपने PAN Status जोकि Firm दिखता है उसमे सुधार करवाना चाहती है

जानकारी और विषय समझ की अज्ञानता के चले PAN Card बनवाने वाले ने सोसायटी के पंजीयन प्रमाण पत्र (Registration Certificate और By- Laws Of Society With Internal Rules/Regulations) देखते और जमा करते हुए भी PAN Status - Firm में टिक कर दिया होगा – जिसके चलते पैन कार्ड फर्म दिखता है /

विभाग ने भी एस विषय पर किसी प्रकार की पैन अप्रूवल दे ते समय न आपति ली / न बाद में जानकारी दी / और सस्था के पदाधिकारियों को भी इस विषय में जानकारी नहीं थी /

बाद में इसी समिति के PAN No ---------- के अंतर्गत आयकर अधिनियम 1961 की धारा 12A , 80G के अंतर्गत पंजीयन प्राप्त हुए !

अब 10A फ्राम नहीं भर पा रहे है /वह ऑनलाइन जमा नहीं हो पा रहा है

मार्गदर्शन करे


TARIQUE RIZVI
This Query has 1 replies

This Query has 1 replies

26 August 2021 at 18:57

SFT-011

Respected Sir,

Bank has filed SFT on our name wherein type of transaction has been shown as SFT-011. The whole amount is 100% foreign remittance which has been treated as purchase of foreign currency as per the income tax scrutiny.

Please guide me and oblge.





Mohammed Irfaan
This Query has 1 replies

This Query has 1 replies

26 August 2021 at 16:35

Filling ITR 3

Iam a salaried person and holding shares of my Father's Pvt Ltd company as a director with 40 percent shares constituited in Jan 2020. I had filed ITR 4 in AY 2020- 2021 but this year I will be filling ITR 3 disclosing my unlisted shares. Now till date there is NIL sales in the Pvt Ltd company and I have only one income that is my salary income. Now as there is no transaction except the bank because of maintenance of minimum balance, should I have to complete the BS & PL columns or I can just ignore it. Please guide


Neha Anand Dhakorkar
This Query has 3 replies

This Query has 3 replies

26 August 2021 at 16:07

80D- in laws

Can I take deduction of Mediclaim paid of My in-laws






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