What is the adjournment process of hearing notice of ITAT ?

Error Description
You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate form. Thus, the required schedules for reporting incomes pertaining to said TDS sections are not present in your return of income filed in form no. ITR-1.

Probable Resolution
You are being provided with an opportunity to make necessary corrections and file a return of income in the appropriate form so that income and taxes may be determined correctly in accordance with the Income-tax Act, 1961 duly disclosing the complete gross receipts/income reflecting in your form 26AS under the relevant schedules of the ITR. Please note that as per Rule 37BA of the Income-tax Rules, credit of TDS is allowable to the person in whose hands the income is assessable and in the year (AY) in which such income is assessable.

Kindly Note as per Form 26AS TDS has been deducted u/s 192 & 194S.

I sell online gaming stickers and cards (virtual). how are profit from sale taxed in Income tax regarding these gaming stickers and cards? Is it slab wise or they are treated as VDA?

income earned form JCB machine on hire basis to individual can be covered US 44AD or 44AE

If Main contractor is service provider in SEZ then Whether sub contractor is liable for GST?

Dear Experts,
I have income from Salary, Other sources and STCG+LTCG (Shares) and Home Loan (Self Occupied). While filing ITR2, Home Loan Interest is appearing in CFL. It is not deducting from total income. Pls guide, where i am wrong (I have chosen Old Tax Regime).
Thanks in advance.

Dear Sir,
Request you to provide salary structure so employee can get maximum tax benefit for company.

Dear Experts,

For commission income (business income) of Rs 4,50,000/- , there is business expenditure of around 2.5 lakhs . Hence net business income is around 2L.

Also the total taxable income is 2.90 lakhs under new regime. Will there be any tax audit applicability here in terms of profit % or any other clause?

Please advice

Regards,

Hi all
I am an individual and paid the TDS for buying a property. Unfortunately, the sale was cancelled. Now I went to TRACES and tried to submit the refund under statement - raise a refund -> refund due to cancellation.

After I fill all the challan details, I get the below error "Refund request can be submitted for OLTAS challan (s) where available amount in challan is equal to or greater than ₹1."

I read in the forum that we need to revise the corresponding TDS return and cancel the payment made to seller.

Can you please advise, the steps to revise the TDS and cancel the payment to seller?
Do I need to do this
go to statement -> Request for correction - > provide challan details -> go to correction request and make the amount paid and property value as zero? if yes what should I mention for other details like property and seller etc.,

Sir I HAD BEEN GIVEN A COMPENSATION FROM BUILDER AS DELAYED INTEREST ON POSSESSION OF FLAT BOOKED IN 2013 and agreed date of possession is 31 dec 2016 . I am not exiting thevproject and soon possession of flat will be given by builder in next month. Whether there is any laiblity of Income Tax or Not