Sir, I reported less income in ITR1 by Rs 4080 by mistake. Due to that it shows refund. Now what should I do to correct this?
Answer nowDear Sir,
My friend had actually received Rs. 25000 from insurance company and its TDS is Rs 1250/- and this details are as per Form 16A .
But in Form 26AS amount paid/credited is 19000 and TDS is 1250 /-
My question is that- In Income tax file from amount paid /credited, which amount to show as per form no 16A or 26AS. i.e , Rs 25000 or Rs 19000.
Ay 16-17 I had filed my income tax return in July 2016 but the deductor revised the TDS Return in Sept 2016 because of which Credit of TDS remained unreflected in my IT Return of Ay 16-17 but now in my 26-AS it has been reflected. Whether that much TDS Credit has been forfeited or can be claimed in my IT Return of Ay 17-18. Please guide me and oblige.
Answer nowI am trying to e filing ITR3 through efiling portal of income tax but I didn't find option of itr3 and there only option of ITR 1 and 4. Please help
Answer nowSIR AFTER UPLOADING XML FOR ITR 2 AY 2017-18 I AM GETTING MSG " PLEASE GENERATE XML AGAIN USING THE LATEST UTILITY"
KINDLY ADVISE
Dear Sir,
Whether Interest on Securities earned from a Limited Company is taxable under income tax.
Thanks,
Abhishek
Sir/madam, My son paid income tax for A.Y.2016-17 thro' bank challan online dtd.23/07/2016 & receipt was generated online. It was his first time. On 27/12/2016 a Demand notice by CPC,Banglore was received for payment of FULL TAX i.e.Rs.30323/-. When Challan was examined it was found that he had mentioned Wrong A.Y.2015-16 instead of 2016-17. HE shocked & DEPOSITED full tax demanded i.e.Rs.30323/- thro' bank challan under all heads/A.Y.This time all OK. Now, how previous AMOUNT paid by Previous challan could be Refunded/Adjusted. YET, HE HAS TO FILE RETURN FOR A.Y.2017-18. Please help my son,sir. Thanks.
Answer nowWhile uploading my ITR2 excel utility for AY 17-18 - the error message " the XML SCHEMA IS INVALID.PLEASE UPLOAD XML IN CORRECT SCHEMA..
AT LINE NO 137 : INVALID CONTENT WAS FOUND STARTING WITH ELEMENT ITR FORM PRE BANK DETAILS. ONE OF (HTTP:\\INCOMETAXINDIAEFILING.GOV,IN/MASTER" BANK DETAILS FLAG) IS EXPECTED"
PLEASE HELP ME
Is there is any restriction for cash sales..... Per day...... What is the monetary limit of daily cash sales to different party........i have retail countet.... Can i sell good for cash in total of 500000....receiving from different party in a day and can the the same be deposit in the next day in current account.....
During the f.y 2016-17,I have made payment through cheque RS.42191 under Sec.80 D towards medical insurance premium for my spouse, children, myself & dependant mother,aged about 70 years.What is the maximum permissible deduction available u/s 80D.I'm told that the system restricts the deduction to RS.30,000. Please advise.R.Dayal(7/7)
Answer now
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