My wife earned Tution Income in FY -2020-21 about Rs. 2.7 Lacs, which ITR form will be applicable, apart from this she has no income
Can I show this in ITR-1, Income from Other Source
Have a simple ITR 2 with only Pension , Interest and Dividend. On completion of offline utility, validation successful with "no errors found". However, while verification (during upload into the department website), an error "1a- dtaa dividend-system calculated value is not equal to value at 3(ii)" pops up.
Interestingly, tried the same on online mode with the same results.
Is there a glitch or am I missing something. Would appreciate help and advice. Thanks.
I have a education loan with Bank of Baroda. The savings account linked to this bank is a joint account where I am a secondary holder and my mother is the primary account holder.
If I make EMI repayment from this account, will I be eligible for 80E deduction?
Note: The loan is on my name.
Also, I tried for an ECS from my salary account in HDFC but the bank is refusing that and advising to make payment through BOB savings joint account, so I will be transferring from salary account to BOB account.
Sir,
It assess 26as download recently f.y.20-21.
Sec 206cq
Name of collector : ICICI Bank
Total amount paid/debited:1015.13
Total tax collected :nil
Total tcs deposit:nil
Question:
Above 26as view'transactions show procedure in books.
Dear Sir/Madam,
Pvt Ltd Company is registered in Gujarat (service provider) & having TAN no. recently company opened new office in Mumbai & registered with GST. Now the query is whether company needs to obtain NEW TAN with mumbai address or can deduct & deposit TDS with Gujarat TAN No ? kindly advice
Thanks
Sir.I newly joined the company. And in initial stage they have given a income tax case .the case is that they have not filed the itr for f.y 16-17.Dept has repeatedly sent the notice to the proprietor .but due to non awareness of notice received from income tax they didn't respond to that notice .at last dept calculate the tax of 3.5 crore by applying best judgement assessment .now the problem is that they didn't made any record for that period .bcoz they are retailer of haldiram product and all sales are at cash sales.they given two docummt one bank statement where number of cash de post is there .and second one excel sheet where all purchase detail is mentioned.but there is no purchase document physically .pls help me to finalise the case .I am treating all the receipt in bank statement as sales transaction .is this method right or not .
Answer nowSir,
Sec 44ada it returns filed person purchase of fixed assets value in cash mode f.y.19-20 .but assess depreciation not claimed in f.y.19-20.
Query:
Assess current f.y.20-21 above mentioned cash mode purchase fixed assets value depreciation claimed allowed in it act.
Section 269T provides that any loan or deposit shall not be paid by any person otherwise than by an account payee cheque or account payee bank draft
if a lender given loan to a person but due to death of lender (loan given party). could his loan amount transferred to in the name of his son through journal entry in the books of account of borrower party..
Dear Sir,
In AY 2013-2014 my TDS was deducted. It reflects in 26As form but its credit was not given to me because during the process, by mistake, the claim for TDS was entered in column AT/SAT in part BTTI/Tax paid & in spite of submitting revised rectification under section 119,2(b), I got a demand of Rs. 30264 /-from Income Tax Department.
Now my A.O Ms. Sunita Gupta (Income Tax officer) has informed me that my revised rectification submitted earlier under 119(2) (b) was not processed by CPC and it was showing invalid in her system. Due to it she was not able to process my case further.
Kindly guide me what should I do in this case ,Whom should I contact me? can I get E.Mail of that person.? I am very much upset due to it ,Please help me.
Regards
Akshitiz Jain
Dy.Director NPTI Shivpuri
Mob-9999015619
aj3480@gmail.com
Assesssee is a private trust, The trust have a residential property, benefits of which is transferred to a beneficiary through a private trust.
How can capital gain by sale of this residential property be saved by the trust ?
Note - Taxable Gain amount is in excess of 1 Crore
All Subjects Combo (Regular Batch) Jan & May 26
ITR Form Tution Fee