Gopalakrishnan. S
25 July 2023 at 21:10

Relevant ITR form to file IT return

Sir,

One of my friend is a Pensioner and is also running a proprietory business for
the past three years. For the past 2 years, he has filed ITR 4.
This year, ( FY - 22 23 ) he has sold a property and has incurred long term Capital gain.

Now, can he file his IT return in Form ITR 3 for this FY ?

If yes, can he revert back to ITR 4 in the subsequent years ?

Pls. advice.


SHYAM KRISHNAN K
25 July 2023 at 20:14

Exemption on conveyance allowance

Can i claim deduction of conveyance allowance while filing personal IT. Is it available on both new and old regime


ravi shankar
25 July 2023 at 18:43

Error in ITR

After filing my ITR online, I noticed that I have reported Rs 50.00 (Fifty only) less in CG. Is it advisable to file a Revised Return Or should I wait for Assessment Order?


prisha tripathi

I sold a property in the year June 2021. I forgot to show income from the sale of this property. Can I show it now? will there be any penalty? If there is a penalty how much it would be? any remedy to waive of penalty?


Mahesh Jadhav
25 July 2023 at 18:22

TDS on Foreign exchange services

Hi Sir,

One of our employee is visiting Uk for project purpose.

So we have purchase Currency note of UK (GBP).

this has been done through agency.

So is there any TDS applicability on this services ?

Shall I Deduct TDS before making payment to Agency ?


Husseini
25 July 2023 at 18:08

ITR form AY 2023-24

A woman has sold her Sridhan gold which was received in marriage from her father. The long-term capital gain tax amount she is invested in the purchase of new house. I would like to know which ITR form is required to file the return.


KAMALESH KUMAR MITTAL
25 July 2023 at 17:40

Error while uploading ITR-5

I m getting Error message " Invalid hash value identified, Modification to ITR details outside utility is not allowed"


Asif Ali

Dear Sir,
Gst turnover = 1859746
Business Receipt = 2018472
My query is,
I have filed my gstr-1 and 3b according to tcs credit received by amazon which is Rs. 1859746 but in AIS amazon data reflect Rs. 2018472. Why tcs and tds not deducted same amount.
I want to know what figure will be faken in gross receipt in itr4??


Raj Kumar
25 July 2023 at 16:42

Error in downloading tds return

While downloading conso file for correction PAN Amount combination details entered by you are not valid for the challan details which are provided by you. Please enter valid details. In case there are same challans mentioned in multiple rows, please enter CD Record number as per column number 301 for 24Q,401 for 26Q , 701 for 27Q and 651 for 27EQ of the statement.
This message appears . kindly resolve How to get cd record no to download conso file.


Archana

I'm working in a different city from my hometown. Every month I send some money to my parents for their monthly expenses. Can I claim deduction in income tax in itr 3 or can I show it as expenses? Thanks





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