This Query has 1 replies
How to rectify the below error
The gross receipts/income, on which tax has been deducted, are to be entered in the schedules under the respective heads of income, as they are assessable in the year in which the credit for the TDS is being claimed
This Query has 1 replies
Respected Sir,
The new income tax portal is better or the old portal was better. I will appreciate your comments on this issue.
I would like the finance ministry to extend the due dates if the new portal does not respond properly. I would like to know your views also.
This Query has 2 replies
An apartment has 30 nos of Flat. There are two owners. (50%Each). All the Flats have been given on Rent. Now while filing the return, it asked to mention all the tenants name. Is it mandatory to show all the tenants name in ITR?
This Query has 3 replies
My father has left for heavenly abode in April 2021. We plan that return as Legal Heir will be Filed by my mother. efiling website now requires:
1. Number of surviving member as the legal heir for the deceased.
We are One Brother and Two Sisters, all married. My Father has not left any will though nominations are mentioned in most of Financial Investments. What should be "Number of surviving member as the legal heir for the deceased" ?
2. Can anyone share the wording for Notarised affidavit and Letter of indemnity ?
This Query has 2 replies
Dear sir,
I am trying to login from internet banking to the income tax site. When I do this. It takes me to the site and then says "loading".
This is happening from the very first day.
I cannot delete the internet login option as I cannot get into the income tax site any other way...need your help.. pls advise.
This Query has 1 replies
Dear sir,
I have to file ITR of my wife (deceased) as a legal heir representative for ay 2021-22. To register as a legal heir on new ITR portal, department required to submit/upload a letter of indemnity & affidavit for all the legal heirs. kindly suggest a format for the same.
please help & reply.
thanks & regards
This Query has 4 replies
There is long term capital gain for A.Y. 2021-22. As per ITR-3, CSV file had to download from Bank but at the time of upload the said file in ITR-3, message shows : Invalid CSV file. Furthermore, csv file structure downloaded from said ITR-3 and paste therein the csv file of the bank and tried to upload but message comes : Invalid csv file. Need your valuable direction. Thanks, Tarak Kumar Roy
This Query has 3 replies
I have long term capital gain on non listed equity shares , in this year.
Please suggest tax saving scheme or investments bonds to save tax.
Thanks
Pradeep Kumar Sharma
This Query has 1 replies
we have a 2 bhk flat at pune which is joint names of myself and my wife . we wanted to sell that and buy another flat/rowhouse (on resale or new ) .we are not getting good price for our flat as many flats are sale in the same building as tenants have left last year due to loss of job or to work from their hometowns . it is difficult to get loan from banks as i am 59 and my wife is 55 and hence they are offering only Rs 25 lacs as home loan for a period of 5 years . is there any limit when we can sell the flat and show the capital gains as invested in the new house .if yes do we have to buy the new house also jointly in the same order as our earlier house to avoid tax on capital gains. can we include our daughter who is major as third holder in the new property even though she is not contributing any funds . do both of us husband and wife can get exemption from capital gains on the flat sold and avail concession on tax on home loan if taken . if yes in what proportion. kindly advice how to proceed . if we cannot sell our old flat now and sell it later when markets picks up ,can we get exemption from capital gains .
This Query has 1 replies
Respected Members ,
During filling of income tax return of a lic agent ( ITR 3 OFFLINE UTILITY ) ( no books of a/c ) , all deails are provide with actual figures , then validation was done with successful .
but after validation but before verification, 2 validation errors are come out repeatedly 15 times & i am really surprised that why validation erros are come out irrespective of correct figures are providing.
Validation error description :-
1) In schedule BP, sum of values entered from 36(iv) to 36 vii) should be equal to sum of " Net profit " declared at SL No 64(id) and 64(iid) in Sch P&L .
2) In return credit for TDS has been claimed but the corresponding receipts /income has not been offered for taxation .
Now the actual fact is , as per No 1 validation error , actually both the figures should be different as per their respective values therefore i am really surprised why system asks for that " In schedule BP, sum of values entered from 36(iv) to 36 vii) should be equal to sum of " Net profit " declared at SL No 64(id) and 64(iid) in Sch P&L "
I am trying to rectify the above 2 errors 15 times but still now 2 validation erros are coming repeatedly when i want submit for verification & i dont know why that erors are coming out repeatedly .
My questions :-
1) Are you facing samre problem while filling ITR 3 ( Offline utility ) ?
2) What is the remedy ?
3) What should i do for that ?
Regards.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Return Filling error