PLS REPLY.

Hi all,

My father invested in NSC in my name 5 years ago when I was a student with no income, so I was not filing return.
Now in FY 2022-23, I have received Interest of 300k on maturity which is reflecting in my AIS and TIS.
I have not shown previous years income and not taken deduction for investment in NSC in previous 4 years as 2022-23 is my first year of filing the return.
Please suggest if I can only show 5th year interest as income or whole 300k will be shown as Income.

HOW TO CALCULATE TURNOVER OF SPECULATIVE TRANSACTION OR NON-SPECULATIVE TRANSACTION ?

WHETHER TOTAL OF PROFIT AND LOSS NEED TO BE CONSIDERED AS TURNOVER ?
OR CAN BE SHOWN AS SHORT TERM CAPITAL GAIN ?

HI ALL,

WHIL FILING ITR2, IAM GETTING TH FOLOWING ERROR AT THE
TIME OF VAIDATION THOUGH I HAVE
NOT CLAIMED ANY AMOUNT IN SEC 80U
If option No is selected for 'Are you opting for new tax regime u/s 115BAC?' and In Schedule VIA, if Resident assessee has claimed deduction u/s 80U for self with disability then amount should be equal to Rs.75,000

PLS GUIDE
THNKS

Dear sir,
My salary income 2396930.00
interest income -26471.00
total income - 2423401
my tds deduction in salary & cash withdrawal (amount -519500) u/s 194n
we are file our return ITR -2 show income salary income & Interest cash withdrawal amount not show in ITR due to i think this is not a part of income .
After file return we have received defective notice due to Income show in itr not match with 26AS because cash withdrawal amount show in 26as

please help me how to resolve the problem

We are 5-10Cr ATO firm. can we supply goods without e-invoice but with E-wayBill?? Can we upload e-invoice later after 2/3 days of supply?.
Or like e-waybill, physical bill must attached e-way and e-invoice both.
pls claryfy

Assessee is a Trust filing return in ITR 7.
While filing the ITR 7 for the F.Y. 2021-22 in SCH IE-4 due to oversight assessee missed to fill up the "Amount applied for objective".
However, assessee filled up for Gross annual receipts and Balance accumulated in SCH IE-4.

Later the assessee received office communication to submit a response u/s 143(1)(a)(ii)

We submitted a response. Later the assessee received an intimation order by CPC (treating the amount that we missed to fill up in the "Amount applied for objective " as Income From Other Sources u/s 143(1)

Kindly advise whether this is a matter to be applied for as rectification u/s 154 or we should prefer an appeal?

The assessee (Son) receives a house Via Gift Deed from mother( Inherited by mother from her husband in 2003 after his death) & sells the same after a gap of one week in 2023 July.

Will the assessee receive benefit of Indexation in this case ? and what will be his acquisition cost & holding perod ?

Hello,

I'm doing my articleship at a firm, it's been only 2 weeks and have come to the realisation that I won't have ample amount of time to study and attend classes, I have asked for termination of my articleship and the CA here asked me to serve 30 days notice period. My question is after taking termination here, I'll give my exams and want to join Big 4 as a fresh article assistant under New Scheme. What are the things I need to keep in mind for this to happen smoothly?

Also while submitting the details on SSP portal, do I have to mention the no of leaves as the no days of I worked so that I could do my articleship from the beginning?

I'd really appreciate it if anyone gets back to me, this is important.

I have one querry regarding tds deduction . we have one client buying a property with a sale consideration of 88,97,0000/- she is not an Indian resident ,she is a UK resident therefore she doesn't have Pan card so my querry is can we do the tds deduction on the behalf of customer?