Tax payable on total income is Rs.18,91,400/- and TDS deducted from salary and other income is Rs.17,82,346/- which is 94% of total tax liability
Still after filing ITR 2 interest us 234B is getting calculated
What can be done to rectify this and file income tax return ?

Dear Expert,

I would like to know the taxation impact of the Creche benefit to employees. Company would like to pay between 8000 to 13000 per month.

Kindly advise on below :
1. Is this benefit need to be considered as Income/ Perquisite to employee. Please provide the detailed extract with taxable & non taxable portion.
2. Is there any taxation exemption under Income tax for Creche expenses for employee or Employer.

Earlier response on this is highly appreciated!

Thank you,
GP

I was trying to file a petition in National Company Law Tribunal Delhi Bench online. Regarding that, I had following queries: -

1. Can the petitioner file and plead the petition himself? If yes, who can witness the sign of the petitioner in NCLT 9?

2. If the filing fees are to be paid online, how should it be stated in NCLT - 9? Should we say that the fee of Rs.1,000/-(NCLT-9 filing fee) would be paid online? And should we select "NA" against the Demand draft fee payment point in Online portal checklist?

3. Are we required to send copy of the petition to all the opposite parties and triplicate copies in NCLT before online filing? Can we send the petition copies after successful filing of the same in NCLT?

Dear Sir/Madam,

Kindly confirm my doubt regarding the last due date to file the FORM 10A u/s12AA of Income Tax Act 1961. Is it 31st March 2022?
For Renewal as well as for registration?

We have one regular export customer who has good amount of business with us. He placed the order and paid 100% advance also but subsequently he cancelled the order and asked for the refunds. However erroneously that advance got adjusted against the old invoices and all the SHBs were closed against this advance. Of course we had some unapplied payments pending at our end which should have been applied against the old invoices but instead of that advance got adjusted. Now when we asked bank to refund the excess amount bank is asking that the BRC is in the used status and hence we need to get the confirmation from the DGFT that we have not claimed any export benefits and since DGFT site is down we are not able to make the BRCs in the available status and bank is refusing to refund..
So our question is whether there is any rule under any of the acts that the advance has to be refunded as is or can bank rectify the application on our request and open the advance again and refund it to the customer. This issue is pending with bank since last 2 months and it is a dead lock and DGFT site is down we are not able to get the BRCs available. We have not taken any MEIS benefit on the same

If an employee gets pay anomaly arrears of 632000 in September 2021 and instantly in that amount 222000 TDS deduction from office.Is it justified ? Is it possible to save that money with savings. And get back with return file.
The employee would have got these arrears in monthly pay if anomaly would have been released .

Dear All,

I want to know about intra day share trading i.e. speculation business income or loss.

1) How to show speculation business income or loss in ITR?
2) There are two options. Whether regular books of account are maintained or not? Now all reports are available in computerised form. Which option to select?
3) How to calculate Turnover for speculation ?

Kindly guide.

Regards,
Suraj

Is NRI can become share holder of Indian private company,If yes means what kind of documents and complainces they should provide to ROC

I after verification submitted my return without paying income tax.

What is the solution.

Regards,

Dear Experts

I was the nominee of PPF account of my maternal uncle (Mother's real Brother) who was a bachelor. I received a sum of 55 lac after his death last month. I have 2 queries in that regard, need your advise please.

1. Tax liability on me on the amount received.
2. If I transfer the amount to my mother's account ( I believe she is a default legal heir), Tax liability on her.

Kindly help.

Thanks !!
Iyer