sanjay Puranik

Interest earned from NSS 87 was shown as income from OS and filed every year. so will that be taxed again if any amount is withdrawn from NSS 87? I was earlier not aware that interest is not taxable.

Gaurav Kaura

I have filed Form 10IE of my assessee before ITR due date i.e. 31st July,22 ay22-23, But filed Belated- Return filed after due date on 13-11-2022 u/s 139(4), Now department disallwoed my claim of u/s 115BAC. My query is that the department right, or if department is right, Can now I file ITR-U in 139 8A and claim 80-c.

Aditya Ghatge
31 May 2023 at 20:46

Taxation on Virtual Digital Assets

Dear Sir,

With respect to above mentioned subject line request you to kindly let me know what will be the Tax Treatment for Virtual Digital Assets. Is it mandatory to provide Feedback in AIS before 31 Mar, 2023 or it will be fine to provide Feedback during submission of Income Tax Return for A.Y. 2023-24.

Warm Regards,
Aditya Ghatge

Aditya Ghatge

Dear Sir,

With respect to above mentioned subject line, kindly let me know if I submit ITR - 2 instead of an ITR - 3 for an Assessee, kindly advice.

Warm Regards,
Aditya Ghatge

jyoti nimesh

Respected sir/ madam,

I am filing Form 10A for re-registration on income tax portal for claiming exemption under section 12A of Trust/Society as per Circular No. 6 of 2023, dated 24th may,2023, which extends the due date for filing re-registration of claiming exemption.
As the section code for re-registration of existing trust/ society for claiming exemption under section 12A is 01-sub clause(i) of clause (ac) of sub section (1) of section 12A. but this section is not showing while filing the form 10A.

Therefore, requesting you,please give suggestions regarding this error and suggest for any other section regarding re-registration under section 12A of trust/society.

Sandeep Patil
31 May 2023 at 14:10

Debit NOte - TDS

I have received invoice from vendor in Mar-23 amounting to 53,100/-
Taxable : 45,000/-
IGST : 8,100/-
Total : 53,100/-

We have deducted the TDS @10% amounting to 4,500/-, and now TDS return also has been filed.

But we haven't initiated remaining payment after deduction of TDS. For some issues in service we want to raise debit note for entire invoice, so what will be the effect of TDS in Debit note.

Should we revised the TDS return or collect TDS amount from vendor ?

Nidhi Kanabar
31 May 2023 at 13:12



Suppose, I am foreign citizen and Non resident since 15-16 yrs and hold PAN card so is there any rule to update my residential status as per income tax site India. basically I have bank account(NRO) in India but income is below taxable limit hence I am not liable to file income tax return in India.

please guide in this matter urgently whether do update my resident status without filing of ITR to income tax site , shall I apply for New PAN as foreign citizen and surrender old PAN?

Harpreet Singh

when i am trying to uploaded excel form on income tax portal 15g then showing date format error

vikas miskin
31 May 2023 at 12:06

ITR Filling AY-2022-23

i am not filled within due date ITR AY-2022-23 , but now i want fill this then i want know which under clause fill ITR . pls say me thanks

30 May 2023 at 20:31

TDS for renovation work

Whether Govt. Office having TAN do the repairing or renovation work in the building and do not have any contract with the person but pays the amount equal to say 3Lacs then TDS under section 194C is to be done or not ? If not then why ? and if yes then Why ? Please give your reply with justification.

Certificate in Quantitative Finance IIM Calcutta Applied Finance(Batch 17) Stock Market for Beginners
Follow us

Answer Query