bhuvana
This Query has 4 replies

This Query has 4 replies

16 August 2021 at 15:49

Unable to file IT return in new portal

Sirs,
Am unable to file return for AY 2021-22 in the new portal. Am able to view only the guided tour page of the new portal .

Can anyone help me by sending link for ITR1 or pls let me know how to proceed..🙏


raghavendra b
This Query has 1 replies

This Query has 1 replies

16 August 2021 at 15:11

HRA OR HOUSE RENT PAID

DEAR SIR,


ONE OF MY CLIENT RECEIVED HRA 330000/-, AND HIS HOUSE RENT PAYING IS 198000/- . MY QUERY IS IF HE IS CLAIM HRA INCOME TAX WILL BE ZERO. OTHERWISE CLAIMING HOUSE RENT HE HAS PAY MORE THAN 141000/- INCOME TAX. AFTER TDS DEDUCTING RS 228551/-. SO I WANT AVOID SUCH HUGE TAX AMOUNT CAN I CLAIM HRA BECAUSE HE RECEIVED AS PER HIS PAY SLIP FOR THE PREVIOUS YEAR 2020-2021.

PLEASE SUGGEST ME IS THERE ANY PROBLEM WITH THAT NEED HELP

REGARDS


P. Purnachandra Rao
This Query has 1 replies

This Query has 1 replies

THE TDS U/S 194JB RELATES TO WHAT PAYMENTS TO WHOM AND WHAT IS THE RATE OF TDS


Vipul Acharya
This Query has 1 replies

This Query has 1 replies

15 August 2021 at 12:26

Composite Fees of School

I paid my son's School fees, in receipt only word composite fee is mentioned, i can i claim the amount in 80C as tution fees


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

Sir,
1.sales turnover as per 26AS rs:11630300/-
2.sales turnover as per books and gstr3b returns rs:11630300/-
3.sales turnover as per gstr1 rs:11630300/-
4.sales turnover declared as per AATO show in gst portal rs:10580605/-
Question:
Assess correct sales turnover declared show in it returns in f.y.20-21.


suja pirama
This Query has 1 replies

This Query has 1 replies

15 August 2021 at 11:57

Sec 206cp

sir
is tcs collected u/s 206cp refundable.


Kollipara Sundaraiah
This Query has 2 replies

This Query has 2 replies

14 August 2021 at 18:28

It query For 20-21.

Sir,
Sec 44ada professional income it returns filed person opted new scheme in f.y.2021.
Question:
1.form 10IE filed compulsory or not
2.assess f.y.20-21 new scheme options selected but next f.y.21-22 new scheme options compulsory or change old scheme allowed in it act.


gouri shankar
This Query has 3 replies

This Query has 3 replies

14 August 2021 at 16:13

TCS AND TDS ON ELECTRICITY CHARGES

WHETHER TCS AND TDS ARE APPLICABLE ON MONTHLY ELECTRICAL CHARGES ( AROUND RS.10 LAKHS PER MONTH) PAYABLE TO SPDCL AND PAID BY PSU.


N V Shouche
This Query has 1 replies

This Query has 1 replies

Dear Sir,
I had filed a legal case in Court in Mar 2017 for grant of disability pension. The court gave verdict in Mar 2020 granting me disability pension wef 01 Jan 2006. Now full pension is exempt from Income Tax wef 01 Jan 2006. However due to pandemic the Court order was not officially given till Oct 20. Thereafter the implementation of the decision by the Govt authorities took another 9 months to issue instructions for payment of disability pension.
Sec 119(2)(b) states "In case where refund claim has arisen consequent to a Court Order, the period for which any such proceedings were pending before any Court of Law shall be ignored while calculating the said period of six years, provided such Condonation application is filed within six months from the end of the month in which such Court Order was issued or the end of financial year, whichever is later."
Now can I file for condonation to CIT as under for refund of Income Tax paid for previous years under Sec 119(2)(b)
1. FY 17-18, 18-19, 19-20 –For the period the Case was pending before the court of Law
2. FY 11-12 to FY 16-17 - Six previous years as per sec 119(2)(b) and prior to filing of case in court
3. OR it will be only six previous years from FY 14-15 to FY 19-20.
Also can I take benefit of Order dated 27th April, 2021 passed by the Hon'ble Supreme Court of India in Misc. Application No. 665/2021 in Suo Motu Writ Petition (Civil) No. 3/2020 where it directed that the period of limitation in filing petitions/applications/ Suits/appeals/ all other proceedings, irrespective of the period of limitation under the general or special laws, shall stand extended with effect from 15thMarch, 2020 till further orders. Delay has occured due to pandemic and no fault of mine in not being able to file for condonation application within six months from the end of the month in which such Court Order was issued or the end of financial year, whichever is later.
Is there any format for condonation application to CIT
Please Clarify. Thanks
Nand


Aman Prabhakar
This Query has 1 replies

This Query has 1 replies

I purchased ULIP worth 5 lacs in aug 2011 (single premium), with an insured amt of 6.25 lacs
It got matured in mar 2021 and i got 11 lacs
How will this gain of 6 lacs be taxed - "income from capital gains" or " income from other sources"
If "income from capital gains" - then how much % tax ? and is indexation applicable ? which ITR i need to file ?






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