ONE OF THE STUDENT STAYING ABROAD FOR STUDIES PURPOSE , SHE LEFT INDIA LAST F.Y 2022-23. SHE STAYING INDIA FOR 175 DAYS IN LAST F.Y . SO SHOULD WE CHANGE STATUS OF SAVING BANK ACCOUNT TO NRO ACCOUNT AS PER FEMA GUIDELINES.

can we avail ITC on purchase of Fire Jeep for factory

Hi,
I need expert advice on the below

1) Regular input availed and also by mistake RCM input availed
2) But for the entire year as per GSTR 9 i need get refund
3) My query is there any need to reverse RCM in cash / RCM input availed can be adjust in refund amount (FY 2020-21)

Dear Experts,

In one of the case, Housing loan is repaid entirely. Can this be considered as repayment of housing loan eligible for deduction under Section 80C

Regards,

DEAR SIR,

ONE OF MY CLIENT SOLD AGRICULTURAL LAND IN PREVIOUS YEAR THE LAND WAS PURCHASED IN THUC YEAR OF 2000 WORTH OF RS. 6,00,000/- LAKH RUPEES NOW THE LAND SOLD WORTH OF RS. 50,00,000/- NOW MY QUERY IS SALE OF AGRICULTURAL LAND IS EXEMPT INCOME AS PER IT ACT. THE ASSESSEE IS HOUSEWIFE HIS HUSBAND IS FARMER BUT GOVT EMPLOYEE AND HE PURCHASED LAND IN HIS WIFE NAME AND ALSO THEY PURCHASED AGRICULTURAL LAND WORTH OF RS. 7,00,000/- REMAINING AMOUNT DEPOSITED IN SB ACCOUNT.

NOW HOW FILE IT RETURNS CAN WE FILE THE INCOME FROM SALE OF AGRI LAND TREATED AS EXEMPT INCOME BECAUSE THE ASSESSEE HAS NO OTHER INCOME.

THANK YOU

Hello Sir
I have income from commission (LIC) and some nominal short term capital gain from share market for which i filled ITR 3, and filled no account case, but while submitting the return is was showing error as Balance sheet is mandatory to fill if income above 2.5 lakh.
please help to resolve the issue

Which HSN code should be barley (jau) sattu, which is made after roasting barley and then powdering it, classified under? What should be the applicable GST rate for this item?

Dear Sir,
Tax payable Rs. 16000 while filing Itr-1
My query is any option is available to file itr1 with zero tax liability and no risk in future or should it pay Rs. 16000?
What will be the best please guide me....
Thanks in advance..

while filling ITR 3 I have not entered any amount under SEC 80U Sch VI . During validation the error comes"In Schedule VIA, deduction u/s 80U for self with severe disability cannot be more than the maximum limit of Rs.1,25,000". As suggested by Mr Dhirajlal on 21st June I have deleted SEC 80U under Schedule C and D. Still same error is coming. Kindly review

Read more at: https://www.caclubindia.com/experts/itr3-filling-error-in-schedule-via-deduction-u-s-80u-for-self-with-severe-disability-cannot-be-mor-2901689.asp

Dear Sir,
A Taxpayer forget his login password. Aadhaar is not linked with PAN. Some disability on his thumb. So option of DSC can not be use. A application sent to income tax in e-mail id "validate@incometaxindia.gov.in" but this email id is not valid. Now the taxpayer have any option to reset his login password.