MANJUNATHA M R
01 November 2024 at 12:55

IT Return filed defective u/s 139 (9)

Dear Experts.,
The gross receipts shown in Form 26AS are higher than the total of the receipts shown under all heads of income, on which credit for TDS has been claimed, in the return of income filed. Thus, while credit for TDS is being claimed in the return of income, the corresponding receipts are not fully disclosed in the respective income schedules. Hence, the return of income filed is regarded as defective, as per clause (a) of the Explanation under section 139(9).
I have declared interest income earned from savings bank and FD interest. Apart from this I have Cash Withdrawals of 1144000/- for which TDS deducted u/s 194 N Shall i declare cash withdrawals as income in ITR3 Please guide me. Thanks in Advance.


Daya

what is meaning of merging of expenses or income in accounts or assets or liabilities.


Daya

what is meaning of mismatch of group in accounting.


Akshit Jain

Is interest earned from government bonds/bills invested through the RBI's retail direct platform considered "Income from Other Sources'" like FDs?


Daya
31 October 2024 at 23:55

Is receivable or recoverable same thing

is receivable or recoverable same thing, is current assets.


Daya

interest expenses when to capitalised or charged to profit and loss account.


Daya
31 October 2024 at 23:49

Interest on working capital

whether interest on working capital is capitalised or charged to profit and loss account.


Akshit Jain
31 October 2024 at 23:49

Tax treatment of debt mutual funds

Budget 2024 removed indexation benefits and long-term capital gain benefit for debt funds. Do the changes apply only to the deby funds purchased after March 31, 2023?


Daya

what is meaning of cumulative method of interest in the case of FDs.


Daya
31 October 2024 at 23:08

What is meaning of capitalized

what is meaning of capitalized,
when interest accrued on FDs to be capitalized.






CCI Pro



Answer Query

Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details