H Thakar
24 September 2021 at 15:11

Interest U/s 234 A FY 2020-21

I am filing ITR 2 for FY 21-22. While computing Tax Liability it is calculating Interest U/s 234A, but the section says as "Under section 234A, interest is levied for delay in filing the return of income" other sections 234B & 234C is not applicable to me. As now the due dates are extended how come it calculates the interest.
Can any one explain how the interest is calculated. The calculation shows as interest for two months i.e. August and September 21. I will be filing my return before 30th September.

Can any one assist me in above.
Thanks a lot.


DIVYESH JAIN

Dear Sir,

I am filing ITR-3 of a person who is a Director in a Pvt. Ltd. company which is unlisted and earns more than Rs. 50 lacs as Salary income from the company.

My query is that apart from Director details which is to be filled in ITR is it mandatory to fill the shareholder details also like number of shares held in that company, amount of shares, etc.

Please help resolve my query.

Regards,
Divyesh Jain


SHIV KUMAR JHA
24 September 2021 at 14:33

INCOME RETURN ISSUE

n Schedule part B TI, Sl. No. 11 ' Income chargeable to tax at special rate under section 111A, 112, 112A etc. included in 10' is not equal to sum of the incomes taxed at special rates in Schedule SI.Hence amount at Sl. No. 11 of PartB-TI is recomputed by adopting the amount mentioned in schedule SI.


CA1
24 September 2021 at 13:45

Partnershpi

If multiple partners in firm has not contributed capital as per share holding, do they get share of profit when distribution of revenue NORMALLY or does capital first have to be returned to other partners who have contributed as per shareholding ? What is the order of payments (which one is to be paid first) in a partnership to partners in regards to Capital ? Advances ? Interest ? Renumeration ? Salary ? Profit ?


CA Rohin Singh

i got this objection:
If the proposed company is doing the business of chit fund, money changers, insurance, forex, micro-finance, housing finance, venture capital, asset management, investment advisor etc. activities, then declaration as per the proviso to rule 12 of the Companies (Incorporation) Rules, 2014 is to be given and it should be signed by all the subscribers.
kindly help to resolve the same?


CA JAYESH RELKAR
24 September 2021 at 10:37

HOUSE PROPERTY - self occuped

Facts : If assessee has 3 house property, out of which 2 are let out and 1 is self occupied. he gets rent for entire 12 months, no vacancy is there.

Question : Can assessee treat two houses as self occupied even though he gets rent for two house property?


Kunal Mittal
24 September 2021 at 09:41

SUPPLY TO SEZ IN GSTR1

I've supplied some material to sez of Hyderabad on zero rated supply on LUT.
How will it be entered in GSTR1 and does it have any implication of ICEGATE.


manoj Kawad
23 September 2021 at 20:03

Vat audit report in which year discounted

Sir
In which year vat audit report discounted. Pl can you give me notifications copy


Meenakshi . S
23 September 2021 at 19:53

Membership Card not received

I applied for CA membership on July and got registered as a member. I got my membership number and it is active. But I didnt receive my membership card till now. What shall I do to get my membership card. Please suggest


priyanka agarwal

PLEASE HELP ME WITH THE RESOLUTION FOR THE SAME





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