SANYOG MEHTA

when do i get reply to my query


AUDITORS EDAPPAL

there is a error while validating json file in the income tax portal. it shows " as you are liable to audit u/s 44ab please enter Balance sheet & profit and loss in the ITR form". we have already entered those.


SANYOG MEHTA

under which annexure of form 10 e leave encashment amount is to be shown. If not in 10 e then is it to be shown in which portion of itr or any other form. Leave encashment is after retirement


Sanjay Budhiraja
24 July 2023 at 08:38

Output vs input

Hello All.
Pl let me know
I have a property which is on leaseout. I know that I have to deposit GST every month. Can I claim input of material purchase for other property which is under construction.
If yes I can adjust it in payment.
Pl advise.
Regards.
Sanjay


Vikas Kakkar


I have been allocated
1) 500 Share of US company on 1 may 2021
2) 400 share of US company on 5 june 2022

All the 900 share I am holding and not yet sold any share.

I think need to declare Under the Schedule FA A3
Could some expert can suggest what should I write under following collem

Peak value of investment Balance during the period
And
Closing value


sidambaraselvan
24 July 2023 at 01:20

Submission of ITR2

I submitted ITR2 for A.Y.2023-24 on time as I have capital gain income. I am not claiming deductions u/s 80DD but claimed deductions u/s 80D. I paid taxes without any errors.
There is no dependent person with disability living with me.
While filling up Schedule Chapter VIA, by default Deductions u/s 80DD option appears with zero amount. I have not deleted this on the assumption that I have not claimed it.
After validation of filing return, webpage displayed validation completed without any error.
Also it shows as you can upload the return with the error remarks that --- you have opted No under return filed under section 115BAC - option for New Tax Regime so you can claim deduction upto Rs.75,000/= under Section 80DD.
Kindly guide me what should I do in this matter


Ajay Jain

I have submitted the HRA details from Apr22 to Mar23. However, my employer calculated HRA from Dec22 to Mar23. When i brought this issue to their notice, that they will rectify this in March 2023 payroll cycle. However, they didn't correct this mistake. I asked them to revise the Form 16, but they are refusing to do so. Can the employer not revise the TDS return and issue me revised Form 16 since this is not my fault? Please answer ASAP


Rocks Parss

On complete or total partition of HUF of karta who had one son and one daughter whether the property after partition will belong to HUF of the son or to the son as Individual for Income tax purposes?
Will the answer change if the total partition is done few years after the death of the said (Father) Karta if during the intervening years the son was acting as the Karta?


madhuri bariya

A person went abroad for study purpose on 1st September 2022. He was Indian Citizen and has been in India since birth. This is the first time he went abroad on 1st September for study purpose. To meet the living expenses he was doing part time work in a Coffee shop. His income in India since he started filing his IT returns was below 5 lacs and he has been filing his IT returns.
So for the FY 2022-23,
1. what would be his residential status for FY 2022-23 and also for FY 2023-24?
2. is it required to show his part time income earned in dollars for the FY 2022-23 IT return?
3. Since he was in India for 5 months(April till August) in FY 2022-23, he didn't have much income(Lets say he was having approx. 1.5 lacs only). So, is he required to file his returns?

Request to give advice/clarification on this.


bobby
23 July 2023 at 19:36

Schedule FSI and freelancer income

I am an individual, resident of India. I have main income from interest of fixed deposits. I also have a small amount of income as a freelancer staying and earning from home in India, of around Rs. 10000 every year. Should the income from freelancing be reported under Schedule FSI? I am not claiming relief for taxes paid in India.






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