I had filed ITR-1 last year. This year I want to file ITR-2 as I want to book Long term Capital loss for carrying forward. The system pre-filled is ITR-1 only. Utility is not allowing to confirm schedules when i enter all details. How do I change to ITR-2 this year? Why is the ITR offline/online utility not allowing me to file ITR-2?

RESPECTED SIR

AY 20-21 ITR HAS BEEN PROCESSED AND REFUND HAS BEEN DETERMINED IN JANUARY 2021 BUT MORE THAN NINE MONTHS HAVE PASSED REFUND HAS NOT BEEN CREDITED INTO MY ACCOUNT THOUGH ACCOUNT HAS BEEN DULY VALIDATED.

I HAVE FILED MY GRIEVANCE ON INCOME TAX SITE PORTAL BUT NOTHING HAS BEEN REPLIED. I HAVE REMINDED CPC BANGALORE ALSO FOR THE SAID REFUND BUT MY EMAIL SENT ON CPC EMAIL HAS RETURNED TO ME.

PLEASE GUIDE ME WHAT TO DO IN SUCH CASE.

TKS WITH KINDEST REGARDS

I am a salaried person with total income less than 50 lakhs. My ex employer paid me a small additional amount after I quit the company and put it under 194 J. i also have income from capital gains through shares and FD interest. Which is the correct ITR I should file. Also should I show all my assets and Liabilities

21 shares of Maruti purchased for Rs 175328.15 between 5/4/2018 and 10/01/19 through Karvy Stockbroking Hyderabad which were unauthorisedly moved by them to their pool a/c and later SEBI banned M/S Karvy stockbroking. Complaint was lodjed with SEBI and NSE.Later an online claim was lodjed with NSE for Rs 175328 with requisite proof which resulted in payment of Rs 145804 .This amount was directly credited to investor's bank a/c.Thus a loss of Rs 29524 suffered by investor against which an appeal was lodged with NSE which remains pending.Now where and how this receipt of 145804 is to be shown and loss of 29524 to be carried forward.Since no regular trade occurred I cannot show it in STT paid securities u/s112A in ITR 2.Where and how to show it as off market sale in ITR 2 and book long term capital loss and whether this is correct way to deal with the problem.
Kindly guide and oblige.
Thanks
P R Rao

Respected Team,
I am salaried person and I give per month Rs 10000 to my wife from my salary. My wife is an house wife and she invest that amount in Share market through her Demat account.
Thus, I want to know on Capital Gain on her Demat account will be taxable as her Income or will be clubbed with my Income ?
As per me, she can file her individual ITR and can claim that capital gain as her income.
Please guide.
Thanking You

Sir,
Assess accounting records maintained head office and branch office.but assess branch office rental income show in head office accounting books credited.
Question:
Assess how to accounting entry passed procedure for rental income
Head office books transferred to branch books .

I have sold a 18 year old residential plot on 28.10.2021. I jointly own also one no. residential house since 30.10.2012. As I want to take benefit of Sec 54F, kindly answer my following queries :-

(1) Can I take benefit of Sec 54F (purchase or construction of second new residential house) having owned already one no. residential house ?

(2) If yes, then up to which date can I open a Capital Gain Account & then deposit the entire sale proceed into it ??

Dear All,

What are the GST implication on transfer of business from proprietorship into partnership firm?

Is GST payable on Stock or other assets transferred in such a case?

Thanks & Regards
Nirmal Dave

Sir when sharewarrant are issued they give right to warrant holder to purchase shares at a predetermined rate and at a specified date so they create obligation on company to issue shares to warrant holders so it should be classified as liability but why they are shown in shareholders fund in balance sheet.

Dear Sir/ Madam

I am a Central Government Employee.
I have Purchased a Laptop from A TATA Enterprise Croma with Invoice in my Name and GST Tax Rate @ 18%.
It was Purchased on 25/03/2021 and the Laptop was delivered on 29/03/2021.

Condition for Claiming LTC under Cash Voucher Scheme

1. Goods Should be Purchased on or before 31/03/2021 - Purchased on 25/03/2021.

2. GST on the Goods Should be @ 12% or More - Goods Purchased @ 18% GST.

3. Invoice Should be in the Name of LTC Cash Voucher Scheme Claimer - Invoice is in the Name of the Claimer.

4. Goods delivered to the Claimer and to the Claimer's Address on 29/03/2021

5. Payment Should have been made on or before 31/03/2021 by the Claimer / Spouse - Payment made from Spouse Account on 29/03/2021.

Payment made as follows.

1. Mrs. - A - Employee - the Claiment of LTC Cash Voucher Scheme.
2. Mr. - B - Employee's Spouse
3. Mr. - C - Spouse's Brother
4. Mr. - D - Spouse's Brothers Friend.

The payment was made Digitally.
The payment was made as follows, to avail an extra discount of Rs.2000/- on Purchase, if paid through HDFCBank Credit Card.

1. The payment of Rs. 57,990/- against the Invoice of LTC Cash Voucher Scheme Claimer was paid using HDFC Bank Credit Card of Mr. 'D' on 25/03/2021.

2. An amount of Rs. 58,000/- was transferred through IMPS by Mr. 'B' - from SBI A/C to Mr. 'C' - Axis Bank A/c on 29/03/2021 to be transferred to Mr. 'D' .

3. The amount of Rs. 58,000/- was transferred through IMPS by Mr. 'C' - from Axis Bank on 07/04/2021 to Mr. 'D' - HDFC Bank.

The LTC Cash Voucher Scheme Claim by Mrs. 'A' has been rejected stating that the payment has not been made directly by the Claimer/ Spouse to the Seller.

Though the GST has been paid and digital payment has been made the Claim has been rejected.

Request your goodself to advise me on the matter and am I elegible for the LTC Cash Voucher Scheme Claim.