Hi,
Filling ITR 2 as an NRI,
I need your advise where exactly to show the Dividend income under OS(Income chargeable at special rates), Dividends received by non-resident (not being a company) / foreign company chargeable u/s 115A(1)(a)(i) (OR) Dividend Income (Other than (ii) or Dividend Income u/s2(22)(e)

Thanks in advance for your advise.

I am unable to file online TDS correction return on Traces.It is ready for submissionbut when i submit ...There is no response.
Everything is okay and i have filed other correction returnswith DSC..Even in this case DSC is functioning for other work but not submitting the file...Is this portal issue or something else..
There are 3000 employees correction ...is this problem is due to size...if any one faced such problem ...kindly guide...
i also tried in offfline mode ..the software doubled entries there...hats why i choose online mode..

Hi, My client provides photo editing services to a foreign company as a freelancer. My query is whether his services qualify as technical services under 44AA and as a result he is required to comply with 44ADA or whether his services are not specified profession under 4AA and he is allowed to follow 44AD?

How is the income tax calculated on a flat owned by an NRI (residing in Singapore ) rented at Rs 37,000 p.m. which is Rs 4,44,000 per annum? Do the tenant still has to pay 31.2% tds every month to income tax dept?

Dear Experts,

The assessment unit of the Income Tax Department has passed order U/s 147 r.w.s. 144 read with Section 144B of the Income Tax Act, 1961 in respect of A.Y. 2018-19 but the credit of tax deducted at Source has not been given in the assessment order.

Assessee is a retired employee and did not file his return for AY 2018-19, neither U/s 139 nor U/s 148. The assessee could not response to any notices issued by the Department till date as he is diagnosed with Cancer.

Whether apart from Appeal to Commissioner Appeals and Revision U/s 234, any other options available so that the assessee gets the credit of Tax deducted at Source as the same is reflected in Form 26AS.

Whether the order U/s 147 r.w.s. 144 read with Section 144B be rectified U/s 154 by making an application to the Jurisdictional Assessing Officer?

Note: In Income Tax Portal facility for rectification U/s 154 is available only for intimations issued U/s 143(1).

Is 194C applicable on payments to Media houses / Broadcasters like print, television radio etc on the media buying because many media houses like Zee, Star are getting their TDS deducted at source while some media houses like TV 18 denied mentioning agency would not n deduct any TDS at source to the payment for media buying... IN Income Tax its not very much clear so it require your expert views with specific justification in this regard.

I have an entertainment website that generates revenue from display ads.

Few points:
1. The business is not registered yet.
2. Income comes in dollars from a US-based company.
3. Revenue is less than 1 crore.
4. Need help regarding 44 AD and If GST registration is needed.

My doubt:

1. Can I file 44AD without registering the business which means directly from the PAN account where income gets deposited?

2. If GST registration required?

3. Some CAs are arguing that if your profit is more than 6% then you have to show the actual profit. My profit is more than 60% but I want to show the 6% only. Is that ok?

Here I have found a case where the assessee challenged the AO officer and won the case just showing minimum profit even though the profit was much higher.
https://indiankanoon.org/doc/151903937/
https://www.caclubindia.com/forum/profit-under-section-44ad-ada-473205.asp

Here tax2win CEO says that only a minimum of 6% is required even if profit is higher.
https://tax2win.in/guide/section-44ad-44ada-44ae

Filing tax for the first time as NRI , is there a guide to file income taxes ?

This is for FY 2021-22 No income.
The only reason I want to file is TDS deducted on my FDs by bank.

I know I am late , and have read that there may be late panelty. Since I dont have any income in India due to being out of country, could I still file my taxes without paying late fee?

Thanks in advance.

Sir,

Revise return can be done online from Income tax website??

I just revised my 26q and it got rejected, Do we know the reason for rejection ??


- Ashish

I have filled TAN Application and made due payment of Application through Net Banking. However I could not generate the Acknowledgement Receipt as there was some error in the website. I have received the e-mail regarding generation of Acknowledgment Receipt. However I am unable to generate Acknowledgement Receipt which I require to print in hard-copy and send it to defined address in Gurgaon . Kindly guide me how to generate Acknowledgement Receipt of TAN Application??