Income Tax QnA - Page No 712

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Aryan

28 September 2023 at 16:57

WHT amount refund in India

I'm concerned if our WHT was deducted by a foreign entity under the DTAA agreement.
The amount of WHT is greater than our company's income tax liability.
Can someone clarify whether our company is eligible for a WHT refund, or whether we will get an income tax refund in India or not ?

Naveen Kumar Jain

28 September 2023 at 16:19

ITR U for claiming Refund

A did not file her ITR for F/y 2021-22 (A/Y 2022-23) and she has a refund from her TDS as shown in AS26. Can she file ITR U to claim this refund? If not what is the process for her to claim refund of tax?

Suresh S. Tejwani

28 September 2023 at 16:07

REGARDING , REPORTING OF CARRIED FORWARD LOSS OF PREVIOUS YEAR IN FORM 3CD

CAN WE CAPITALIZE PREVIOUS YEAR LOSS?
XYZ FIRM HAD LOSS OF RS 792452 IN A.Y 2022-23, IN A.Y 2023-24 THEY WANT TO CAPITALIZE THAT LOSS IN P&L RATIO .IS IT A VALID TRANSACTION ? IF YES HOW SHOULD I REPORT IT IN FORM 3CD?

ABHI KUMAR

28 September 2023 at 11:46

REGARDING INPUT OF AC

OUR MAIN BUSINESS IS SELLING SUN GLASSES

WE PURCHASED AC FOR OFFICE USE
CAN WE CLAIM ITC

Chandra

28 September 2023 at 11:31

26QB correction help required

I bought property in mumbai and paid 1% TDS of property value..on the same day I got default notice to payment Additional 19% as a penalty because seller PAN and Adhaar was not linked later we got it linked and filed correction in traces but still got the same default notice....now how to get this notice null & void since PAN and Adhaar both are linked now

ABHI KUMAR

28 September 2023 at 10:39

AC PURCHASE FOR OFFICE USE

AC PURCHASE FOR OFFICE USE

OUT MAIN BUSINESS IS SELLING SUN GLASSES
WE PURCHASED AC FOR OFFICE USE
CAN WE CLAIM ITC

Mahabir Prasad Agarwal

28 September 2023 at 10:07

Tax Audit or Declare U/S.44AD

My total turnover is 1,87 Crore with cash turnover more than 5% of the turnover during FY 2022-23. May I declare income U/S.44AD ?

YELLANKI RATHNAGIRI

28 September 2023 at 09:52

TDS was paid wronly twice

Respected All

i have paid TDS on sale of immovable property(PAN TO PAN), but by mistake i paid tds challan two times

is there any way to get back that amount

please reply.....

jayesh khokhariya

28 September 2023 at 09:09

Form 10-IC APPLICABILITY

PRIVATE LTD COMPANY OPTING FOR 115BAA NEED TO FILE FORM 10-IC EVERY YEA BEFORE FILING RETURN OF INCOME

mahi devta

28 September 2023 at 08:20

I have excess claim ITC in GSTR 3B of F.Y. 2017-18 but I have Less Claim in F.Y. 2018-19

I have excess claim ITC in GSTR 3B of F.Y. 2017-18 but I have Less Claim in F.Y. 2018-19 but not mentioned in GSTR 3B ITC reversal Column. But in GSTR 9, I have mentioned reversal of ITC . AO was issued notice for demand. What can i do.