Sir,
SBI deducted TDS even after submission of Form-15H. After reporting Br. Manager of bank advised me to take refund through filing of Return . The FD was for five years and TDS was deducted for first two years. It has come to knowledge on maturity . Is it possible to claim refund of three years back and if not , where complaint can be lodged against bank for compensation for loss of interest . Then it will be an extra burden of cost for filing of return by Income-tax expert for consecutive two years.
with regards,
Sudhir saha

Dear sir,

ITR-1( FOR AY 2015-16) was filed online through "income-tax e-filing portal" in may'2016 .I forgot to e-verify that ITR. I missed to send that ITR-V (INCOME TAX RETURN VERIFICATION FORM) to CPC bangalore through INDIAN POST-SPEED POST. In my login, it shows e-verify is pending for AY 2015-16. But in incometax -e-filing portal, there is no option for applying E-VERIFICATION for A.Y.2015-16. What is the consequences? Shall i download acknowledgment for AY2015-16 and send to CPC , this period?

SIR ,
I have GST Turnover of 678,000/- for the FY 2019-2020 of contracts.
But In Form 26 AS, Amount credited is 12,00,000/- u/s 194C

Which one to show as turnover in Income tax return .

If premum paid details are Not availabe can i credit maturity amount to capital account. Why capital gain? Total amount bifurcation will be available in lic maturity statement.Difference of maturity amount and sum assured will be bonus. All amt recd is not liable to capital gain tax. Is it ok

Dear sir,
i have one doubt, while claiming 80D deduction or 80C deduction only premiums considered or premium+GST considered.
Please tell me the Relevant Provision or Notification.

Thanks in advance,
Regards,
Bheema Reddy.

briefly explain me about "Balances with Revenue Authority" in Income Tax Return.

there is income tax payable for year ending 31.03.2021 is 4657850/. on which i have to pay surcharges +cess..
my query is weather i have to compute surcharges at 25% on entire amount or 15% up to 2 crores and on balance @25%
kindly explain. as it is urgent please give your valuable subjection.
thanks in advance
K.B.Nagesha rao
9448826793

I have purchased shares of Bharati Defence Limited ( formerly Bharati Shipyard Ltd.) from the market. The company has gone into to liquidation as per NCLAT order.

When can I show the cost of purchase of shares in my books of account as capital loss for income tax purpose ?

Please advise.

Cs Pankaj Ajmera

Respected,
A person sold his residential house. He got Long term capital gain of Rs. 50 Lakhs. For purpose of exemption, he did not invest in residential house property but he purchased an agriculture land of Rs. 35 Lakhs. Will he get any exemption u/s 54 and if yes, then up to what extent?
Please guide.

Until last year, I had income from salaries and interest on FDs. The income approx Rs 3.5 lakhs which was less than the taxable limit. I used to file ITR2. But from April this year, I don't have any salaried income. I have taked OD facility on my FDs and started trading in the stock market. I may have an estimated turnover of approx Rs.6o lakhs and may be approximately 600 transactions. Can I continue to file the IT return in ITR 2. Will I be considered as an investor? Do I have to maintain a minimum rate of profit in my transactions. I wish to seek clarifications on this matter.