Anonymous

Hello experts,

Assessee is having turnover of rs. 10400000.
I have filled return u/s 44ad .
I have mentioned GST number in return but forgot to mention turnover as per GST.
Should I revise the return and show turnover as per GST???


Sunil Gavaskar
30 August 2018 at 20:03

Itr form for tuition fee

1. I have mentioned sum of income under other sources ( FD interest ) and tuition fees, in ITR1 form.
Is this right ?
2. Also, this additional tuition income is not matched against TDS-2. Is that fine


Thanks
Sunil


PADMINI

As you are aware that from FY 2017-18, New return forms are launched by the IT Department. Previously we used to file ITR-2 for Partners having no other business income except income from Firm. However from this year ITR-3 is applicable for Partners. While filing ITR-3 we have to input four figure balance sheet and profit and loss account otherwise department issues notice for defective return.

My query is how shall return of partners having no balance sheet maintained be filed ?


CA Payal Patil
30 August 2018 at 19:47

Wrong dob on income tax portal

Hello,
While filing ITR I come to know that Date of Birth of my husband is mentioned wrong in IT portal, however PAN details and DOB on PAN is correct, we can login with it.. ITR of earlier years were filed by company representative. Is there any way to correct this ? please guide.


RAMAKRISHNA
30 August 2018 at 19:02

Income relating account head

Good evening sir, my friend invested in amount marketing , they returned his investment with adding some profits . but they deducted 10% tds on profits under section 194j . please tell me sir how can he show this income under which accounting head sir and in income tax filling return ,can he show in income from other sources
please explain sir


Pradeep Kumar Sarangi
30 August 2018 at 18:16

Eligibility for filling of itr

Dear Experts,

I am a salary person as well as a small insurance agents with commission brokerage. In FY 2015-16 I have filed ITR-4.My turnover is under declared limit & also I have not maintain any kind of accounts. Now I am going to file my ITR for FY 2017-18. In this,which ITR will applicable for me ? Is it ITR-3 or ITR-1.

Note- I have not filed my ITR for FY 2016-17.

Please suggest.

Regards

Pradeep



Anonymous

old Air Conditioners used as business assets in a mfg unit sold to scrap dealer along with ducting and piping. Would like to know what percentage should be levied on such scrap sale amount.


Rahul
30 August 2018 at 14:43

54ec capital gain bonds

Dear sir,

I have sold the flat & long term capital gains have been deposited in Capital Gains Account Scheme (CGAS) in last week
of 6th month from the date of transfer since I was planning to buy the property.

After 3 months I have changed my mind & planned not to buy the property & I would like to invest amount of CGAS in REC bonds (54 EC) for next 5 years.

My query is that can I close CGAS & invest in REC bonds in order to continue availing exemption.

Regards



Anonymous

DEAR SIR,

I HAVEN'T FILE MY INCOME TAX RETURN FOR LAST TWO A.S. 16-17 AND 17-18 AND I HAVE TDS IN BOTH THE YEAR, CAN I CARRY FORWARD THESE 2 YEARS TDS IN CURRENT A.S. 2018-19 WHILE FILLING MY INCOME TAX RETURN.. REQ. TO PLEASE HELP HERE.


Ujwal Sundeep
30 August 2018 at 13:45

Itr3 validation error

While trying to generate XML in java utility in ITR 3, I am getting an error of "Please specify the nature". Please help in solving it. I have already selected code under the nature of business. Pls Help.






CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query