Balivada Sudhakar
17 August 2021 at 10:33

Issues in income tax site login

Dear sir,
I am trying to login from internet banking to the income tax site. When I do this. It takes me to the site and then says "loading".

This is happening from the very first day.
I cannot delete the internet login option as I cannot get into the income tax site any other way...need your help.. pls advise.


R P VERMA
17 August 2021 at 09:39

FORMAT FOR INDEMINTY BOND & AFFIDAVIT

Dear sir,
I have to file ITR of my wife (deceased) as a legal heir representative for ay 2021-22. To register as a legal heir on new ITR portal, department required to submit/upload a letter of indemnity & affidavit for all the legal heirs. kindly suggest a format for the same.
please help & reply.
thanks & regards


TARAK KUMAR ROY

There is long term capital gain for A.Y. 2021-22. As per ITR-3, CSV file had to download from Bank but at the time of upload the said file in ITR-3, message shows : Invalid CSV file. Furthermore, csv file structure downloaded from said ITR-3 and paste therein the csv file of the bank and tried to upload but message comes : Invalid csv file. Need your valuable direction. Thanks, Tarak Kumar Roy


know everything you want
16 August 2021 at 20:49

Spares accounting in Tally

Dear sir, I have read that all spares purchase entry are booked in tally by debiting the repair & maintenance account or by debiting the fixed assets account.
My Query is that as per above process we will not be able to check the spares stock in our books even it may lies in our store.
Pls advise the process of maintaining the spares stock in tally.

Regards,

Manish sharma


Pradip
16 August 2021 at 20:24

Capital gain tax saving bonds

I have long term capital gain on non listed equity shares , in this year.
Please suggest tax saving scheme or investments bonds to save tax.
Thanks
Pradeep Kumar Sharma


srinivas

we have a 2 bhk flat at pune which is joint names of myself and my wife . we wanted to sell that and buy another flat/rowhouse (on resale or new ) .we are not getting good price for our flat as many flats are sale in the same building as tenants have left last year due to loss of job or to work from their hometowns . it is difficult to get loan from banks as i am 59 and my wife is 55 and hence they are offering only Rs 25 lacs as home loan for a period of 5 years . is there any limit when we can sell the flat and show the capital gains as invested in the new house .if yes do we have to buy the new house also jointly in the same order as our earlier house to avoid tax on capital gains. can we include our daughter who is major as third holder in the new property even though she is not contributing any funds . do both of us husband and wife can get exemption from capital gains on the flat sold and avail concession on tax on home loan if taken . if yes in what proportion. kindly advice how to proceed . if we cannot sell our old flat now and sell it later when markets picks up ,can we get exemption from capital gains .


Anupam Maiti

It is informed that , arbitration award/ court order in respect of a claim by contractor has been passed in favour of the contractor in respect of capital works and such arbitration award/ court order has been challenged in a court of law/ higher court, the amount of arbitration award/ court order (including interest till the date of award, if any) becomes the claim amount for the purpose of maintenance of Register of Claims .

Pl advice whether interest till the date of award on the amount of arbitration award/ court order is capitalised or not.


PALASH

Respected Members ,

During filling of income tax return of a lic agent ( ITR 3 OFFLINE UTILITY ) ( no books of a/c ) , all deails are provide with actual figures , then validation was done with successful .

but after validation but before verification,  2 validation errors are come out repeatedly 15 times & i am really surprised that why validation erros are come out irrespective of correct figures are providing.

Validation error description :-

1) In schedule BP, sum of values entered from 36(iv) to 36 vii) should be equal to sum of " Net profit " declared at SL No 64(id) and 64(iid) in Sch P&L .

2) In return credit for TDS has been claimed but the corresponding receipts /income has not been offered for taxation .



Now the actual fact is , as per No 1 validation error , actually both the figures should be different as per their respective values therefore i am really surprised why system asks for that " In schedule BP, sum of values entered from 36(iv) to 36 vii) should be equal to sum of " Net profit " declared at SL No 64(id) and 64(iid) in Sch P&L  "

I am trying to rectify the above 2 errors 15 times but still now 2 validation erros are coming repeatedly when i want submit for verification & i dont know why that erors are coming out repeatedly .

My questions :-

1) Are you facing samre problem while filling ITR 3 ( Offline utility ) ?

2) What is the remedy ?

3) What should i do for that ?



Regards.





                                  


bhuvana
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
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





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