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Sankalp
This Query has 3 replies

This Query has 3 replies

30 June 2024 at 13:27

Discrepancy in Form 16

My employer has filled my HRA component in "Total amount of any other exemption under section 10" in Part B and "House rent allowance under section 10(13A)" is 0.

When I asked finance guy to get it corrected it, he told me that govt portal is generating wrong info. I think their CA has wrongly filled the info and he is justifying it simply.

Can I face problems in future in case he does not get it rectified? He is very rude.

How can I take it up with IT department?


Sushant Gandhi
This Query has 1 replies

This Query has 1 replies

30 June 2024 at 12:22

E-way Bill Applicable or not ?

BILL TYPE : Supply of Goods - Regular, Bill to - Ship to

Supplier : Maharashtra

Bill to : MNC, Gujarat

Ship to : Maharashtra

Distance between Supplier to Ship to : 1.5 Km ( Actual Material Movement )

Billing Amt with IGST = 64,000/-

Remarks : 1. Material movement is only 2 km in & within Maharashtra

2. E way Bill requirement Criteria in Maharashtra is above 1,00,000/-

Question : Eway billing is required or not?

Please reply with section no. & sub section.


kollipara sundaraiah
This Query has 1 replies

This Query has 1 replies

Sir,
Assessess itr returns filed last 5 years details mentioned below
Income last 5years rs:35 lacs
Expenses claim last 5 years rs:12,50,000/-
Net balance amount rs:22,50,000/-
Assessess amount fixed deposit in bank rs:30 lacs
Question:
Assessess deposit amount rs;22,50,000/- or rs;30 lacs is correct procedure.


Vivek Desai
This Query has 3 replies

This Query has 3 replies

Whether Buy back shares full value consideration and cost of acquisition is required to include in capital gain schedule? If yes then how tax exemption shown in EI schedule will get reduced from total gain offered for taxation in capital gain schedule.
OR only profit is to be reported in EI schedule & No sale consideration , cost of acquisition is to report.


Prince Gupta
This Query has 1 replies

This Query has 1 replies

30 June 2024 at 02:22

Regarding Form ITR 1 and ITR2

Hi,


Please suggest which ITR should be filled.I have not sold any share , Mutual fund in last year.
Can I file ITR 1 ?


Rajnish Shukla
This Query has 1 replies

This Query has 1 replies

30 June 2024 at 00:58

HUF formation date

We got married in 2002. Me and my wife are now selling our joint property, acquired by some cash hand loan from parents and home loan on our name, in 2010. Now we want to create HUF and invest the capital gain by sale of this joint property, in new residential property under HUF. what shall be the date of creation of HUF. ??


kollipara sundaraiah
This Query has 1 replies

This Query has 1 replies

Sir,
Assessess cash Gift from brother rs:60,000/- and cash Gift from brother rs:40,000/- through on UPI mode dt:10-06-24
Question:
Assessess above Two gift transaction sec 56 (2) provision applicable.


Raja
This Query has 1 replies

This Query has 1 replies

Due to cyber fraud, I lost 8L.

FIR also logged but no update of money. Can I file loss during ITR. If yes where I can file this.


suresh s. tejwani
This Query has 1 replies

This Query has 1 replies

Whether sale of paper waste is covered under the definition of scrap and TCS would be applicable on same under section 206C?


Khushbu
This Query has 3 replies

This Query has 3 replies

Dear sir/ Mam,

A partnership firm having nature of business of trading in equity, mf, f&o, pms etc... as per it's partnership deed.
During fy 23-24 it has t/o as below:

Sale of shares - 3079153
F & O t/o - 28388
PMS Sale value- 3806757
Commodity t/o - 171454

Total t/o - 7085752.

Is tax audit applicable???

Kindly give your valuable suggestion as soon as possible....

Thank you.