How to fill itr-7
This query is : Open
11 March 2016
Dear Sir/Madam,
I got notice from IT dept. it says your return is defective due to no receipt or income has been offered in any heads of the incime for the TDS claimed in the return. We have filed ITR-7 within due date However we have not given any details in schedules of ITR-7. My college has earned income less than 15% of gross profits from educational activities and interest on fixed deposits. Whether this income should be mentioned in Schedule-BP and OS in ITR-7? And how to claim exemption u/s 11 in ITR-7? Please clarify.
Thanks and regards
Nagaraju
I got notice from IT dept. it says your return is defective due to no receipt or income has been offered in any heads of the incime for the TDS claimed in the return. We have filed ITR-7 within due date However we have not given any details in schedules of ITR-7. My college has earned income less than 15% of gross profits from educational activities and interest on fixed deposits. Whether this income should be mentioned in Schedule-BP and OS in ITR-7? And how to claim exemption u/s 11 in ITR-7? Please clarify.
Thanks and regards
Nagaraju
12 March 2016
Please suggest to my querry
12 March 2016
Dear Sir/Madam,
I got notice from IT dept. it says your return is defective due to no receipt or income has been offered in any heads of the income for the TDS claimed in the return. We have filed ITR-7 within due date However we have not given any details in schedules of ITR-7. My college has earned income less than 15% of gross profits from educational activities and interest on fixed deposits. Whether this income should be mentioned in Schedule-BP and OS in ITR-7? And how to claim exemption u/s 11 in ITR-7? Please clarify.
Thanks and regards
Nagaraju
I got notice from IT dept. it says your return is defective due to no receipt or income has been offered in any heads of the income for the TDS claimed in the return. We have filed ITR-7 within due date However we have not given any details in schedules of ITR-7. My college has earned income less than 15% of gross profits from educational activities and interest on fixed deposits. Whether this income should be mentioned in Schedule-BP and OS in ITR-7? And how to claim exemption u/s 11 in ITR-7? Please clarify.
Thanks and regards
Nagaraju
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Difference between Date of Payment and Date of Deduction?
- ITDS U/S.194T of Firm
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- EXPORT COMMERCIAL INVOICE HSN CODE
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- Cash balance limit and property purchases limit
- Non-Compliance documents have not been submitted by the contractors debited
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
