Stephin Jenson
27 July 2023 at 16:47

PAN CARD QURY

PLZ HELP ME TO SUBMIT ADDRESS PROOF IN PAN CARD APPLICATION

APPLICATION ALLREADY SUMBITTED


ABHISHEK ROY CHOUDHURY
27 July 2023 at 16:40

HRA & Intt on HBL

Dear Sir,
An Assessee having HRA u/s. 10 (13A), and Intt on HBL u/s. 24. Can he claim both the deduction in ITR.

Thanks,
Abhishek.


Sridhar

Dear Experts,

My friends and I worked as a group, We received money in my personal account via paypal. We shared the money among us. What ITR should be filed for myself in this case? P.S: I haven't paid any advance taxes yet.

Also, please let me know under which section I can show my expenses (like salary, investments) or how do I calculate the taxable income


Jitendra Lakhmani
27 July 2023 at 15:24

MOOWR SCHEME

CUSTOM DUTY DIFFERMENT IS ALLOWED WHERE P & M is imported under capital lease model and the capex would be installed under Private Bonded warehouse


sk Chetty

The legal heir has filled IT Return ONLINE of deceased father after registering as representative of assesse as legal heir. All bank accounts previously registered with IT of deceased father has been closed by Bank. The Bank account of legal heir is not being accepted for refund by IT dept online as the bank account of legal heir has no reference of PAN of deceased. How to get the refund and which bank account will be utilised.


CA Parul Saxena
27 July 2023 at 14:50

Capital gain in ITR

I have purchased ELSS in mar 2017 and lock in was upto March 2020. In April 2022 i redeemed some of its unit...then short term capital gain or LOng term capital gain will be levied?


Mahesh Jadhav
27 July 2023 at 13:51

Capital Gain and Loss

Hi,

What should be the accounting effect for Capital gain and Loss ?

Should I consider Grandfathering cost in Accounting ?


Anil Sharma
27 July 2023 at 12:55

Deduction Under Sec 80P(2)(d)

A housing society is claiming deduction under sec 80p(2)(d) of interest received from investment in co-operative society . Society has also received interest from saving account maintained in other op-operative society. But housing society is claiming deduction only in respect of interest from investment in co-operative society by declaring in income from other source head
Interest from FDR In Other Co-operative Society 50000
Interest From Saving Account maintained in other Co-operative Society - 15000

I am claiming deduction under section 80P(2)(d) of amount Rs. 50000

Error : In Schedule 80P, the amount in Sl. No. (11) amount eligible for deduction should not be more than sum of Sl. No. 1(a)+1(bii) of Schedule OS + 5(ii) and 5(xiii) of Schedule BFLA subject to interest and dividend declared in Schedule P&L.;#;Kindly restrict The amount eligible For deduction mentioned in Sl. No. (11) of Schedule 80P to the sum of amount mentioned in field dividend gross and Interest from Deposits (Bank/ Post Office/ Co-operative Society) i.e Sl. No. 1(a) + 1(bii) of Schedule OS+ 5(ii) and 5xiii of Schedule BFLA subject to interest and dividend declared in Schedule P&L


Guest
27 July 2023 at 12:17

ITR filing Under 44AD

My client had been opting 44AD from 17-18 financial year for his income tax filing. Can he opt out from 44AD scheme for his 22-23 FY income tax filing? Does this five year rule of consecutive 44AD filing includes the first year of 44AD filing ie 17-18 FY? Or this five year consecutive 44AD filing range from 18-19 FY to 22-23 FY? Experts please advice.


Shahan
27 July 2023 at 12:15

44AD income tax

10 lack receipt cash se hai aur 5 lacks banking se total profit 110k hai ab uska ration 7.33 araha hai ye 8 percentage ke neeche ja raha hai notice a sakta hai 10 lack ka 8% profit 80000 aur 5 lacks 30000
Total profit 110k but sir total ratio 7.33 araha hai please explain






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