DEAR SIR,

WHILE FILING INCOME TAX RETURN USING WINMAN SOFTWARE INCOME TAX WEBSITE SHOWING AFTER VALIDATION SUCCESSFUL UPLOADING THE XML RETURN ERROR MESSAGE WILL APPEAR LIKE ERROR:MESSAGES.500062 OR 500075.

CAN FILE INCOME TAX RETURN THIS IT WEBSITE PROBLEM OR INTERNET CONNECTION PROBLEM OR XML CONVERTING PROBLEM

PLEASE GUIDE ME YOUR VALUABLE GUIDANCE MUCH NEEDED

REGARDS

For fiscal year 2020, I qualify as NRI for tax purposes. I have returned now to India. I worked abroad during 2020 and remitted back my foreign savings in rupees to my own Indian account. Using these remittances as source, I invested in many mutual funds in India through the fiscal year.
For 2020, I have no taxable income in India but to explain the 'source of funds' for my mutual fund investments on the IT Compliance e verification portal, can I select "Out of earlier income or savings" as the appropriate response?
- If yes, what supporting documents should I have available?
- If no, what other response option can I select for "Source of Investments and Taxable Income" category?

Sir, I want to know the treatment of expenses incurred before incorporation of a private limited company. Company was actually incorporated on 01-06-2021. But from 01-01-2021 expenses was incurred in the name of the company and that is too met by cash amounting to Rs. 10 lakh. Then how can I account this expenses in the books of account.

Dear Sir,

One of my client has incurred Long term capital loss for shares sold in F.Y. 2020-21. He has purchased the shares in F.Y. 2012-13.

Do I have to fill Schedule 112A in such a case as normally incase of profit the schedule is required to be filled up.

Please help me in this matter.

Regards,
Divyesh Jain

i want to convert propritorship into partnership and such proprietor ship having vendor registration for civil work under ioc and other govt department but in case of change of propritorshio into partnership it leads to change in gst no and pan no so my query belongs to what would be it impact on my vendorship in ioc and other govt, department.

I filled data in ITR2 online E filing under Schedule OS dividend received amount in item 1.a and then filled quarterly break up in item 10. Information about accrual/receipt of income from Other Sources under S.No.1. and CHECKED IT TALLIED WITH TOTAL IN ITEM NO.1 and then clicked confirm button and came out and also duly got all schedules with green tick and confirmed.
In the next login, filled data disappear in itr2 form item 10 in schedule OS. Again and again I am doing this and again and again it (only the break up detail in item no.10) (not in any other item in the entire ITR2) disappears during next login always. I want to know if anybody faced the same problem and want solution.

SAIL pension portal is being reflected the total employer's contributed amount for the period from Jan 2012 to Mar 2021 and the said same figure have been transferred to the employee's NPS account in 2021. I have to know, what amount have to qualify for rebate u/s 80ccd(2)?

Sir I want to know the TDS Applicability in Respect of the following cases

I have made an advance payment (Nature 194J) of Rs. 100000 against Performa invoice during the FY 2020-21 and from the advance I have deducted and paid Rs 7500 (100000 @ 7.5%). But original invoice received during the current financial year 2021-22 at Rs 150000 plus tax. What amount of TDs should be deducted and paid during the current financial year. Whether Rs. 5000 (150000 Minus advance payment of Rs. 100000 @ 10%) or 7500 (150000 @ 10% minus TDS already paid @ Rs. 7500)

Sir,

My client was having saving bank accounts in Three banks before proceeding abroad and subsequently he became an NRI status. Now after that he wants to retain only one NRO a/c in India and for that he wants to shift his Others SB accounts fund balances into that NRO a/c and thereafter close his normal saving bank a/c.,. As he does want to maintain only one NRO bank accounts and wants to close other saving bank accounts. Can he do that .. Is there any restriction or law for doing that activity .
These are his own funds of his own saving accounts .

Please guide.

Respected experts,

What will be the main division of industrial activity of the Company for social media apps like moj, chingari, whatsapp and instagram.