Dear Sir,

Is it mandatory to pay interest on unsecured loans availed from friends and relatives as per Income tax act, please advice.

Arjun
7780309128

Dear Sir,

Is employer liable to give salary to the employee for April 2020 as the lockdown is now extended for next month.

There is no work from home and there is no income earned by the company during this lockdown period.

Please suggest a remedy.

Regards,
Divyesh Jain

Your Income Tax Return has been selected under risk management process wherein your confirmation is required on the claim of refund. You are requested to submit your response in the e-Filing Portal post login by selecting either of the following options:

The claim of refund is correct to the best of my knowledge and belief
Return of Income is being revised wherein, correct claim of refund shall be made

I selected option 2 and submitted. What to do next.

Dear Taxpayer,

It is seen that a claim of refund has been made in the Income Tax Return xxxxxxxx for 2019 filed by you on xx JUN-2019.

Your Income Tax Return has been selected under risk management process wherein your confirmation is required on the claim of refund. You are requested to submit your response in the e-Filing Portal post login by selecting either of the following options:

The claim of refund is correct to the best of my knowledge and belief
Return of Income is being revised wherein, correct claim of refund shall be made
To submit the above mentioned response, please login to e-Filing portal, Go to Worklist->For Your Action-> Response for Refund Confirmation.

Please verify the claims made in your Return of Income filed and submit your response accordingly. In case of any incorrect claims, please revise your Income Tax Return (ITR) .

Please submit your response within 30
days of receipt of this e-mail.

Please ignore this mail, if you have already submitted your response.




Regards,

Compliance Management Team

Income Tax Department


I HAVE ALREADY RECEIVED NOTICES UNDER 143(1)(a) & u/s 133

NOW I GOT THIS MAIL.

WHAT I HAVE TO DO NOW?

REFUND AMOUNT I CLAIMED IS CORRECT BUT INCOME PROOFS IS AT MY HOME TOWN I AM UNABLE TO GET IT NOW.

Do I need to revise return?

Hello,

Can a Employer cut the employees salary during lock down even though the employees are working from home? If the Employer is a Private Establishment. Is there any legal obligation? is there any separate obligation for manufacturing, service and trade industry

Please reply.

can anyone please provide HSN code and GST tax rate on masks and PPE kit
Regards

What is process for activation of bank account freeze due to non filling of return ?

i want to know whether the family pension is taxable on receipt or due basis . remember the pension is received from treasury and there is no form filed by them regarding this.

Hello experts,
I hold an active COP from ICAI. However i recently got appointed as a director in a private company (family business) and also hold 50% shares of the same. On SSP, while updating my engagement details under regulation 190A, on the form, ICAI asks for a declaration which states, " I Declare That I And / Or My Relatives Do Not Hold A Substantial Interest In The Business Concern In Respect Of Which Permission For Full-Time / Part-Time Employment Is Sought." As i hold 50% of the shares, i have a substantial interest to which i can't declare. If i don't select this declaration button, i am not allowed to submit the form. So, how should i update my engagement details?

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