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MATTA CHANDRA SEKHAR
13 August 2024 at 19:20

Income Tax 123

1. ITR return filed without claiming the 80D in original return.
2. 80D claimed and filed revised return with refund.
3. I received No Tax due intimation from Department.

How to claim my refund please resolve the issue and thanks in advance.


Shrikant Savant
13 August 2024 at 18:24

ITR refund issue

Sir, There is a quarry in respect of my IT Return filed that:=
"ADD / VIEW AUTHORISED REPRESENTATIVE (AR) ".
Exactly what they want? How to reply the quarry?
For want of this information they have not paid refund amount till date.
Please guide.
Thanks in advance , Sir.


aarya

we are exporter and filed PMT 03 for inadmissible amount , we want to withdraw the pmt 03 which we filed already , please advise further.


Rasheed Mohd Abdul
13 August 2024 at 16:07

C Gain Tax

Sir,
I have invested around Rs.16 lakhs towards interiors/furnishing/electronics and electricals in the year 2016 on my flat that I have purchased as raw flat.
Sale deed executed is Rs.42 lacs.
My query is:
1]Can I add inetriors value Rs. 16 lakhs as cost of the flat while computing capital gains tax with or without indexation benefit?


pfcollect

Auto Dealership Car Vehicle Closing Stock Valuation : Is it right to Reduce Incentives like MAC , DRF to reduce from Year End Closing Stock ? Please guide as per IndAS.Thanks


Mohit
13 August 2024 at 13:45

Section 41(1) v/s 68/69

If the sundry creditors (old carried forward from previous years in AUDIT REPORT) are added back to income during the survey and offered to income under PGBP and IFOS for AY 2018-19 (the year of the survey). What will be the section of inclusion will it be under 41(1) or 68/69 of income tax.


Ashwin Joshi

PLS PROVIDE ABOVE RECO SHEET IN EXCEL .


Mahesh S M online
13 August 2024 at 12:01

TDS return processed with defaults

The TDS return was processed with defaults due to the PAN of one of the deductees being listed as inoperative. However, the PAN was operative at the time of filing the return and is still operative now. What could be the reason for this issue, and what is the solution?


Subham Agrawal
13 August 2024 at 11:40

Defective Return ITR-4

You have filed your income-tax return in form ITR-4. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194S/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94S/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-4 is not the appropriate form.

TDS is deducted under section 194I(a) for rent of plant & machinery. I have shown this income under the head INCOME FROM OTHER SOURCES. I am also showing rent from leasing good carriages under section 44AE and hence ITR-4 was being filed.


Sarcastic Aloo
13 August 2024 at 11:28

Section 68/69 vs 41(1)

If the sundry creditors (old carried forward from previous years in AUDIT REPORT) are added back to income during the survey and offered to income under PGBP and IFOS for AY 2018-19 (the year of the survey). What will be the section of inclusion will it be under 41(1) or 68/69 of income tax.