Hi Sir/Ma'am,

I have done a payment of 25k of advance tax. The challan was generated and I have saved that PDF. But on the income tax portal, it is not showing in the generated challan tab. The payment was done on 26th of June and it's visible in the payment history tab but not in challan tab.

I have to do another payment of advance tax but I'm waiting for confirmation as this was the first time. Please suggest about the generated challan.
Also, is there any other way to verify the same?

Thank you

Last year I have filed ITR-2 to my friend since he had loss in investment in MF and shown in ITR-2 and processed with CFL. This year no activity in MF ( no loss or no gain) for him. She’ll I file ITR-1 for this year ( take breaks) and next year ITR-2 to take advantage of CFL if needed?pl clarify.

I created Form 26Q for Q1 FY2023-2024 using TDS RPU 4.6 (latest), validated it with TDS FVU 8.1 (latest) and after validating file successfully. I put the FVU file in a zip and filed the e-TDS. And as soon as I filed it, instantaneously it was rejected and reasoning was [Rejected at E-filing: Line 1- Invalid File]. The file itself is error free. I have re validated it. What to do? I have filed TDS return before and selected 'Yes' to 'Have you filed 26Q for earlier period?' and also mentioned the receipt number.

Hi everyone,

I have one doubt, as per IT act we can depreciation based 180days concept. Suppose assess wants to claim for 8days because asset put to use on 24th Mar.

There is any case for law for the same.

Regards,
CA Gunasekhar

Although my amount u/s 80U is 0, I am getting the following validation error: "In Schedule VIA, deduction u/s 80U for self with severe disability cannot be more than the maximum limit of Rs.1,25,000". I have deleted 80U item, but am still getting this error.

In ITR 3 - Schedule CFL " The total loss carried forward to future year is 0 but i have current year business loss it is visible but not appearing total ...

in which schedule 194 S amount to be shown total amount or which one and under which head to be shown pls give clarity if any one for 194 S

I purchased a bond from market with quartely payout of interest & interest accrued for the quarter upto purchase date was also paid with bond price plus broker commission.The interest for the full quarter was paid to me on the due date subsequently. Please clarify whether I shoud show only net interest under Income from other surces(adjust the interest paid to the seller of bond from the interest received by me) while filing my Itax return? Can the commission paid is also adjustable? I file ITR 2 as an individual with income from salary, capital gain & other sources. 

Hi,
Anyone answer me on my query.

Company want to give Rs.15Lac advance retention money for 15year retention of employee.
What will be the tax treatment in the hands of employee. And in which year company can claim deduction as per income tax act??

An assessee not linked pan aadhar upto 30/6/2023, due to correction in aadhar and update phone number in aadhar. How to link pan and aadhar now? Allowed time to link pan & aadhar ended now.