I am getting the following error even though i have filled up all the details of the representative and have received approval for the representative "Since return is filed by a representative assessee then details regarding "Name of the representative, Capacity of the representative, Address of the representative and Permanent Account Number (PAN) / Aadhaar of the representative" is to be mandatorily filled."

Hi Team,

I'd a doubt with accounting treatment of PF(employee portion), LIC premium paid, PPF/NPS contribution made by a salaried person.

Whether the 'premium amount/ employee portion of PF/contribution made to Funds' needs to be shown as expenses and then add it to asset?
Or it needs to be credited to Capital account and then add it to the Asset?

Also, any interest accrued for the same needs to reported in my books immediately? If yes, then in P&L account or Capital account and then add it to respective asset? If no, then how to show the bulk maturity amount when received (what could be accounting treatment)?

I think account treatment will be different for PF portion, LIC but same for NPS & PPF?

Please take sometime and solve my query in detail with regards to all investments shown, I've been looking for this answer from long time.

Awaiting for someone to help asap. Thanks in advance.

An Hospital run by doctor as a Proprietorship under nursing home registered under her name though she not practices her own practice with hiring other professional doctor on professional fees, purchase machinery and other equipment for hospital, hire nurses, lab, medical, and other staff, paying rent, electricity is an Business or profession can she file business return with ITR 3 without 44ADA.

Hello,

while filling ITR which date should be consider for Dividend bifurcation actual receipt in bank account or Transaction date shown in 26AS ?

Dear Sirs : My query is :::: For filing of Income Tax Return on income from house property for assessment year 2023-2024, Is it mandatory to mention evaluation report for property rented in income tax return . Kindly advise. Regards

Sir,I have retired from state Bank of India in sept.2022.I received Rs.1131310/- as leave encashment amount i.e 8 months salary balance.Bank has deducted Rs.226262/-tax on this.Can I claim refund of this amount.Please clarify.

Sir,

We have started a Restaurant and have to file GSTR 3B for June 23. We are under
GST 5% scheme without availing ITC.

Our query is, in Table 4 (B), in which column should we reverse the ITC, under (1) or (2).

Pls. advice.

I run a cyber cafe business and small scale computer item retail. i do trxn online through current account on customer behalf eg ticket booking and fee payment etc. no. also i take amount in offline mode. my online trxn is of 9 lakh but this is mot my profit. how can i show my profit as it is very less than trxn value.

While filling capital gain exemption benefit against 54EC bonds, following message is appearing in ITR 2. Please guide.
Error :Deduction u/s. 54EC claimed here (Table D) should match with total of deduction(s) claimed in respective asset.

If one has taken ESOP of US based company and tax was deducted there on by US country and it is again taxable as perquisites as per Indian income tax law, how to avoid the double taxation in this case