Gud day everyone,
i need to file income tax return of a deceased assessee and it is a TDS refund case, All bank account have been closed by legal heir after the death of the asseessee, now in ITR1, i am trying to add his wife (representative assessee) bank a/c for filing. but, its not getting validdated. Rather, it keep on showing VALIDATION IN PROGRESS , but not validating.
pls suggest a solution for this. tnx
while filing itr 1 for a y 2021-2022 tds credited at 26as is found correct but lesser amount of tds is reflected in dashboard menu on graph section. still while correcting manually tds figure in itr1 and submitting successfully, amount received by way of refund is lesser than claimed in itr1 i.e. while processing itr instead of tds reflected in 26as is not taken into consideration but tds as shown under tds graph is considered. pl advice.
vd kulkarni
solapur
sir
Last year my taxable income is more than 2.5 lakhs and I filed ITR.
During 20-21 my salary is cut due to covid and Iam with in the limit of taxable income.
I received interest amt below 500 form voluntary pf account.
Let's me know
1. shall I file the ITR this year.
2. which ITR Form
Please advise
As per budget 2020, Employer's contribution to PF / Superannuation exceeding Rs. 7,50,000/- is taxable perquisites in the hands of employee for A Y 2021-22. Whether such threshold limit of Rs 7.50 lacs is applicable to each employer if the e,mployee works under more than one employer? kindly clarify
DEAR SIR I BELIEVE THAT WHEN AN INDIVIDUAL RECEIVES GIFTS OR DONATIONS FROM PERSONS NOT RELATED TO HIM , THAT SUM SO RECEIVED IS TAXABLE U/S 56 (2) . NOW I WOULD LIKE TO CONFIRM THAT THERE IS NO BETTER OPTION TO AVOID TAX . PLS
Dear Sir,
One of my client has prepared a Gift deed and transferred their share in property.
There was a Sale agreement between 3 persons in which house property share was divided between father and his 2 sons.
Now the father and his first son gave their share of property to the second son by preparing the gift deed. All the taxes were paid by the second son as property is now in his name.
I need help regarding what entry should be passed for transfer of property as no monetary transaction took place and taxes were paid by the person to whom property is transferred.
Please help me in this matter.
Regards,
Divyesh Jain
Sir,
AIS information in f.y.20-21.
1.Outward foreign remittance -indian portfolio investment abroad in equity shares (foreign portfolio investment)-(purpose code :S0001)
2. Information source:axis bank
3.Amount description: remittance amount
4.Report value rs:1,56,612/-
Question:
Assessee above transaction amount how to show procedure in books and it returns.
OUR FIRM REGISTERED AS TRUST WE WANT TO CONFIRM THAT WE WANT OBTAIN TAN NO OR NOT .
Kindly advice us.
Agoda and Expedia are Foreign Travel agents based at Singapore and Geneva giving room booking for which we are paying commission with GST. Party is not sending bill for his commission and also not remitting GST. What to do
My GSTIN was cancelled suo moto due to non-filing of GSTR of last 9 months. On making appeal against the said order, the appeal petion has been admitted and accepted. Now, what should I do to file file further GSTR, as the portal still does not show the month for which I have to file GSTR ?
Deceased assessee-itr filing- refund to which account