Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

Sir,
A Gst registered composite scheme dealer
Sales turnover rs:60 lacs declared Gstr-4 Annual return and books in f.y.21-22.
Purchase turnover rs:50 lacs declared Gstr-4 Annual return and books in f.y.21-22.
If dealer AIS information download in it portal purchase amount rs:70 lacs show in f.y 21-22.
Question:
1.Dealer purchase total rs:70 lacs and sales turnover rs:60 lacs show in it returns.
2.dealer sales turnover and purchase turnover difference show procedure in gst return in f.y 21-22


Raman Kumaran
This Query has 3 replies

This Query has 3 replies

I am a Senior Citizen retired from PSU and getting pension from LIC arranged by Company. We have a contributory Post Retirement Medical Scheme run by company and medical expenditure is getting reimbursed as per the eligibility fixed by company as two year block basis.
My query is that whether I could use this reimbursed medical expenditures as deduction under 80D while filing my IT return.
Please help me to clarify this query at the earliest, Sir.

Thanking you,

Raman Kumaran



suresh
This Query has 1 replies

This Query has 1 replies

29 June 2022 at 11:23

IT RETURN FOR FOREIGN INCOME

I LEFT INDIA FOR THE FIRST TIME DURING SEPT 12TH 2021 FOR DUBAI FOR JOB.
I WAS GETTING SALARY TILL AUG 2021 AND COMMISSION INCOME FROM INDIA.
FROM OCTOBER 2021 I AM GETTING SALARY FROM DUBAI.

WHAT IS THE THE TAX LABIALITY FOR ME FOR THE LAST FY 2021-22


Niharika
This Query has 2 replies

This Query has 2 replies

I would like to know when an employer needs to deduct TDS on employee salaries? Does it
depend on how many employees there are or does it depend on the individual salary paid to an employee? When are employers exempt from TDS?


Omnarayan Prasad
This Query has 2 replies

This Query has 2 replies

25 June 2022 at 11:25

Interest shown in wrong head in TIS

Sir, I incurred an interest of Rs 5058 on saving bank account of central Bank of India.
This sb interest is being shown as deposit interest in TIS.
Do I need to request for rectification or show it as it is as income from other sources in deposit column as total of OS income remain same.


Jatin Sachdeva
This Query has 2 replies

This Query has 2 replies

29 May 2022 at 20:24

ITR TYPE 500 Freelancer Income

Hi,
I'm a salaried person. I also do intraday, F&O and short term investment.
I will file ITR for the first time.
As per the online resources, I should file ITR 2 for the above cases.
But I also did a bit of freelancing (not continuing now) and income from it was just 500 rs.
So please tell how and where can I adjust this income. Or I will have to go for ITR 3.


AJITH PARAKKA
This Query has 4 replies

This Query has 4 replies

28 April 2022 at 14:45

REDUCING TAX LIABLITY

I have a flat which is jointly owned by me and my wife. If I sell the flat and transfer the amount to the account of my parents who have now no source of income so that I can reduce my tax liability is it allowed legally.They had provided us with initial capital required for buying the flat but I have been paying the EMI for 10 years. the l balance loan amount will be prepayed and the loan closed.The flat was bought for 60 lakh in year 2009 and selling price of flat is 1.15 crore 2022.


Mukesh Bhoite
This Query has 1 replies

This Query has 1 replies

20 April 2022 at 17:09

Problem Responding notice u/s 139(9)

EFL/2122/G5a/ITR000071119832 communication date is 08/04/2022. Sir when I am trying to write DIN no in the field indicated in ITDe filling software, it accepts only EFL/2122/G5a/ITR0000711. As a result I can't response Defective return. I failed to understand what mistake I have done. Please help me how to respond. Last date is 23.04.2022


Nara Hari
This Query has 1 replies

This Query has 1 replies

18 April 2022 at 21:24

NRI TDS tax payment

Namaste sir

Our NRI property seller at Hyderabad is unable to obtain TDS certificate from IT department thereby inhibiting us to deduct TDS tax
Instead the seller is compelling us to get the property registered at discounted price of 20.22 % less of property value so that he can go back to America

Now after registration of property we as buyers can it be possible for us to reduce TDS tax by submitting all relevant papers to auditors and pay TDS to IT dept

Because it is 15 years old flat

Please advise

Regards
Hari


g s ahuja
This Query has 1 replies

This Query has 1 replies

08 April 2022 at 17:41

SOLD PROPERTY

I SOLD PROPERTY FOR RS 50 LACS (TDS DEDUCTED) BUT COULD NOT FILE RETURN EVEN AFTER 148 NOTICE AS NOTICE CAME ON PORTAL(NOT ABLE TO CHECK)
EX-PARTY ORDER PASSED AS UNEXPLAINED SOURCE OF INCOME AND DEMAND CREATED ON WHOLE AMOUNT
HOW TO PROCEED WITH CIT(A) ANY CASE LAW IN Favor






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