Thelappillil Linson
17 July 2023 at 20:18

ITR2 FA

1. Do we have to report the assets upto 31 Mar 2023 or 31 Dec 2022 for the US stocks?
2. Please clarify whether the conversion rate used is the SBI TT buying rate as on the previous month.
3. Does the taxpayer need to submit a separate form 67 to obtain the foreign tax credits


VINAYAK ASSOCIATE

DEAR SIR, I HAVE RECEIVED INTEREST ON FDR IN FY 2022-23 WHICH WAS CREATED 5 YEARS BEFORE. NOW I WANT TO FILE MY ITR BUT THE INTEREST BREAKOUT AS PER 5 YEARS , CURRENT YEAR INCOME IS NOT TAXABLE BUT CUMULATIVE INTEREST INCOME IS TAXABLE.
SO CAN I GET RELIEF UNDER 89(1) OR NOT. AND IF NOT THEN WHAT IS THE PROCESS TO GET TAX RELIEF. PLEASE SUGGEST


Kollipara Sundaraiah
17 July 2023 at 19:12

Two pan cards surrender options

Sir,
It assessess two pan cards at present one pan card surrender.
Question:
Assessess pan card surrender to local jurisdiction officer only or any other option.


Kishor C. Shah

i have one query related to charging of Management/Service Charges on Overtime wages.


Divya Sharma

I live in a rented flat in Noida, U.P., paying a rent of less than 2 lakhs per annum (INR). The flat owner is an NRI residing in Dubai, UAE. I understand that India has a Double Tax Avoidance Agreement with the UAE.

Please advise whether I, as a tenant, am liable to deduct TDS before paying rent every month to the NRI owner. If yes, then how much is the deduction and how should I go about the formalities of deducting and depositing this amount to the tax authorities? The rented flat is for residential use only.


AUDITORS EDAPPAL

WE HAVNT PAID TDS FOR THE FOURTH QUARTER CAN WE PAY AND FILE TDS FOR THE SAID QUARTER DURING THE FINANCIAL YEAR 2022-2023


CA Parul Saxena
17 July 2023 at 16:52

Accept offer or not

working in an industry qualified in nov 09 getting 7.5 lakhs pkg...now got an offer in NEXDIGM gurgaon for 12.5lakhs....should join or not? as it is consulting organisation and can ever be return back to industry after going to consulting organisation...please guide...


Pavan Kumar

Sir,
I request your goodselves for the below Clarifiation:
If any dealer misses to take Credit of ITC of one Bill pertaining to Financial Year 2021-22
can he claim the same during current Financial year 2023-24.

X Firm Purchased Laptops /Desktops worth Rs. 3,00,000/- +CGST Rs. 27,000/- + SGST Rs. 27,000/- during the Financial Year 2021-22 (During December, 2021).
Forgot to take Credit of the same during this year and the same was found during May, 2023.

Now, Can X Firm claim the above gst during June, 2023 GSTR 3B.

Request for clarification on the above...


akl
17 July 2023 at 16:22

Deduction u/s80D

Sir,
I had paid three years premium online for my health insurance last year itself to avail discount. However I claimed deduction for only one year premium charge last year u/s80D. Can I claim 2nd year premium deduction u/s 80D in current year & for third year next year?The yearly premium claimed is less than 25K.
Thanks & Regards
Ashok


Rose

I am an NRI having dividend income. I was going through my Form 26AS and AIS and found that there is one dividend income reflected in AIS, but not in Form 26 AS.

I also received email from a company that they have declared interim dividend for FY 2022-23, but the amount is yet to be credited as on 17th July 2023.

As an NRI, the requisite amount is deducted before crediting to my account.

Now, for the purpose of filing my return, what form should I consider? Form 26AS or AIS or the emails received, as all are pertaining to FY 2022-23. I have no taxable income apart from dividend income.

My ITR is ready for filing, except for the above and would like to file it before due date.

Requesting your valuable advice informing me which form should I consider for filing my ITR.





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