My clients

1. Laptop broke

2. She got a quote from Apple to fix

3. She purchased a new laptop as She was told the processing time was so long for insurance

4. Submitted quote for fix and a new laptop to the insurer

5. They paid for the amount to fix, not the full replacement, minus vat

How to account this and which nominal to use for the amount received from insurer

Ay 21-22, Ay 22-23 Both return filled timely but not verified till the date, so i want to file ITR U For both
So, my question is while the filling itr u ,we have to choose previously return filled and need to enter Acknowledgement Number and all Or Select No Return filled earlier ?

Because If a filed ITR is not verified, then your income tax return will not be treated as a valid return by the income tax department.

I have left my job last year march 2023 after working in that Company for 9 years . I got a Gratuity of Rs.9,13,600/- . During IT return filing for 2022-23 income , I have put this in exception section 10 (10) as shown in my form-16. But during filing it is not accepting and showing as error. Also E-filing site recommends that Maximum limit is 20 lacs and put this as 20 lacs. But my actual received gratuity only 9.13 lacs , how I can show 20 lacs in section 10(10).

Understand post office savings interest is exempt income upto rs 7000 in joint account. Can it be claimed above 50000 limit under 80TTB.
If yes how to show in itr2.
Thanks.

Dear all,

a CA is in job & has been appointed as Retainer / Consultant, for reconciliation related work, on contract for one year. My query is:-
1. can he received yearly amount more than Rs 20 Lakh without GST compliances?
2. If yes, then how please.
3. any other practical suggestion to received yearly amount more than Rs 20 Lakh without GST compliances?
Thanking you,

Hi Experts,
If I have a dividend income of $30.70 and US IRS withholds $7.68 and finally I get $23.02 as the dividend cash.
Should I show $23.02 or $30.70 as dividend income on foreign stock ?

Respected Sirs,

We have two storeyies building having a builtup area of 5000 sq ft. A builder has taken over the full riots of the building for developing purpose and has given us some money in advance and later some more shall be paid to us with some alternate space area and few flats and shops etc.
I would like to know that the initial amount paid to us in advance shall be entered as in which account. Will it attract capital gain tax? Or capita gain tax shall be payable after taking the possession of the alternate space, flats and shops etc

Hi Sir/Ma'am,

I am filling my ITR and I am unable to find the category under Schedule VIA in which I should declare my ELSS and Provident Fund.

How to do it?

Dear sir,
one of my client retired from private company . She has more than 10 year if service.
His portion of contribution going to pension fund also. She may get around 2 lakhs.
PAN card is updated in PF Account. if there is any tds deduction from she account?.
She has not plan go other company also. she has no other sources during 23-24.
whether need to file IT return for the year 23-24
Please advise

WETHER ACCOUNTING EXPENCE PAID TO ACCOUNTANT IS LAIBLE UNDER WITCH TDS SECTION ?