Toseef
19 July 2022 at 03:40

Section 54EC time limit for FY21-22

Hi,
I had a property sale in June 2021 (FY21-22). To save capital long term tax on the profit, I bought some section 54EC bonds in Jan 2022 which was a month after the usual 6 months window from the sale date.

My CA is mentioning to me that for FY 21-22 still I can claim the tax exemption based on section 54 EC.

I am little confused. I know that for FY20-21, due to COVID, there was some extension given and the due date of buying such bonds was extended to Sep30th, 2021.

Do we have an extension given for FY 21-22 too with respect to time window of when can an individual buy section 54 EC bonds?


MANOHAR P

Dear Experts,

I have received an intimation order u/s 154 of the IT Act, however, the intimation did not comply with my rectification request. What is the Next Step ?? / which section will use to file online for rectification again ?? / will it complete throgh jurisdictional A O only ???

Kindly guide me


Gopala Raju

Sir, I have converted agriculture land in to Fish tank( for aqua culture) and given for lease.
I would like to know that income received through lease is taxble or exempted.


ARUN GUPTA
18 July 2022 at 19:21

Gstr3B filed for march 2022

We have filed our gstr3B for march 2022 but now in June 2022 gstr3b system generated showing itc of Rs173000/ available. We have already taken Itc of Rs173000/ in March 2022.what should we do now?


Ramesh R
18 July 2022 at 17:37

Inter Coporate Loan Resolution

Dear all,

Can anybody share the Resolution for the Intercorporate Loan from Public Co. to Private Co. and with the Point of Conversion of Loan into Equity if Company is not able to repay the amount on demand by the Company in future.


maharaja Sudalaimuthu
18 July 2022 at 17:29

TAN address need

Sirs,

Some wrong credit updated in 26AS from TAN Number No.MUMS99335F.
This TAN number is SBI Related but not banking sector.
How to to get address details for TAN No.MUMS99335F

I unable to get the details from IT portal.



arukonda athreya
18 July 2022 at 17:23

Filing through offline utility

Invalid hash value identified, modification to ITR details outside utility is not allowed......
While filing .XML file


Keyur

Sir/Madam

Please clear foll. doubt in filling of U Return-
> Person have salary income, other source income and have net taxable income > 5 lacs ??
> Person have salary income, other source income and have net taxable income Person have salary income, SB Int. Income and STCG/LTCG ??


ramesh babu
18 July 2022 at 16:59

CA new syllabus expected date

Sir,
From which exams(expected) did CA new syllabus will be implemented.


A K SARMA

We are paying Monthly Lease rent to the house/flat owners of our Employees under a Lease
Agreement between the company and the House/Flat Owner. Also, we are paying lease rent to farmers for ROU on a yearly basis Pl. advise whether GST under RCM is applicable.
regards,






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