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ravikanth

Can Interest be claimed on borrowed capital u/s 24(b) on let out house property up to Rs.2.00 lakhs under new Regime tax for the AY 2024-25.


Pallavi Agrawal
27 June 2024 at 21:10

TDS demand due to overbooked challan

I have received demand from income tax department due to one challan as overbooked.
There were total three challans in the return. Out of which two are matched and consumed and one is mentioned as overbooked. However I have entered all the details of the challan correctly. Can someone please guide how to deal with this demand


Pathak Harsha

TDS deducted by bank on my fdr from AY 2018-19, to AY 2024-25 but i was unknown so I had not filed itr for TDS refund I have no other income except FD interest. Can I file itr for past years now please suggest me how can I get refund from AY 2018-19 to current AY. 2024-25


suresh s. tejwani
27 June 2024 at 19:30

TAXABILITY OF KISHAN VIKAS PATRA

ON MATURITY OF KISHAN VIKAS PATRA, IN WHICH HEAD SUCH AMOUNT IS TAXABLE?


sona1
27 June 2024 at 16:57

Minidoor income

Transaction In last FY (2023-2024)

Freight Received Rs. 14,55,000.00 ( Received By Cheque 12,00,500.00, By Cash 2,54,500.00 (Income from Own 03 Minidoor)

Freight Received Rs. 7,20,000 (Received By totally Cash) (Income from Hiring Minidoor)

can i use Both section 44AD and 44AE or use only 44 AE...........

Kindly give some suggestions.


Manish Agarwalpro badge

Sir,

Pl guide me on how to show business loss in ITR 3 in no account case.

I have entered in No account case in ITR 3 bit business loss is not getting accepted in it. Is there any other way. Please guide.

Regards,
CA Manish Agarwal


CA Parul Saxena
27 June 2024 at 16:28

DSC Validation of instant E PAN

How to verify DSC on E PAN....i have applied for instant E PAN and red cross sign is showing there..


SUBRAMANIAN VENKATRAMAN

Dear Sir
Today I filed my IT return successfully. But I received message for the department that my IT return is defective u/s 139 (9) of IT act. I filed IT return by choosing ITR1 Form. Please note I have income from under Sec 194C Rs.1,92,203/- & TDS credited Rs.1,924/-, and interest received from fixed deposit from Finance company u/s Sec 194A Rs.1,329/- and no TDS credited and as per 26AS.
Following are the message received from the department. You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate form. Thus, the required schedules for reporting incomes pertaining to said TDS sections are not present in your return of income filed in form no. ITR-1.
You are being provided with an opportunity to make necessary corrections and file a return of income in the appropriate form so that income and taxes may be determined correctly in accordance with the Income-tax Act, 1961 duly disclosing the complete gross receipts/income reflecting in your form 26AS under the relevant schedules of the ITR. Please note that as per Rule 37BA of the Income-tax Rules, credit of TDS is allowable to the person in whose hands the income is assessable and in the year (AY) in which such income is assessable. Please note that if the defect is not addressed with-in the time allowed, your return of income will be treated as invalid.
Now I request you to guide me how to rectify my. IT return.
Thanks & Regards
Subramanian V.


mukesh rawat

sir My Salary is Below 4 Lak but tax charge 20% reason for in - operative account. its correct ??


Farhan fahee

Can i claim deduction for tuition fee u/s 80c which is paid using education loan taken?







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