Can anyone give me affidavit format, which is to be submitted by NRI to an assessing officer after selling of property and for claiming no TDS deductions? As far as my knowledge this affidavit is given to assure that the capital gain received after sale of property will be invested in capital gain bonds.

Trust exempted u/s 10(23)(vi) got negative income and submitted in ITR-7. CPC rejected the return with the plea that it should be submitted in ITR other than ITR-7. Is it correct, if so, can we submit in ITR-5. Please inform us immediately.

Our client is a professional and offered gross receipts from profession Rs.55 Lakhs in the profit and loss account as well as in the ITR accurately. Gross receipts as per 26AS is only 30 Lakhs, which is liable for TDS to the deductors.

However, the return is defective u/s 139(9), the error descripttion is "as per rule 37BA of the income tax rules, 1962, read with section 199, credit of TDS shall be given for the assessment year for which such income is assessable. As seen from the ITR filed, credit of TDS has been claimed but the corresponding receipt/income has been ommitted to be offered for taxation. The above ommission is a defect, as per clause (a) of the explanation provided under sec.139(9)".

Probable resolution mentioned in the 139(9) received is " The gross receipts/income, on which tax has been deducted, are to be entered in the schedule under the respective heads of income, as they are assessable in the year in which the credit for the TDS is being claimed".

Our client is liable for audit and in the ITR filed we had disclosed gross receipts from profession is more than the gross receipts as per 26AS. Please give us a solution.

Thanks

In Form 26AS the salary that is shown is 12 Lakhs. This is shown in Form 16B as my Gross Salary but after HRA and Conveyance Allowance deductions u/s 10 and removing Professional Tax my Salary becomes 11 Lakhs. This number of 11 Lakhs is point 6 in Form 16B called "Income chargeable under the head Salary". I have filed ITR where I entered Salary as 11 Lakhs as mentioned in the form. I get an intimation from IT department saying that there is a mismatch in the field salary where in 26AS it is 12 Lakhs and in ITR you have filed 11 Lakhs hence they are asking for an explanation. What should I do?

WHAT ARE AMMENDED PROCDUER FOR INCORPORATION OF A LLP?

Can i claim expenses against Income from Interest than Securities Under section 194A ?

My client running restaurant and he opted composite rate of tax @ 5% qtly, he migrated from 01.05.18 to Normal GST Collection @ 5% . Pl let me know how to file return for the month of April 2018 as was composite tax and also for future

Dear sir
In ITR form 1 of 2018-19 where to show HRA Deduction ?

Sir,

I Import Stone chip from Bhutan and there after paid 5% IGST on custom.
Now i am confuse whether at the time of selling this product i have to collect gst from customer .
And again has to be paid to govt as already i have paid to govt at the time of Import.
Please suggest.

Good afternoon all,
How to write a note on charges created in notes to accounts. Is there any standard sentence for fixed and floating charges created.