Dear Sir
I am facing issues while filling information regarding Add Nature of Business
Other than those declaring Income under sections 44AD, 44ADA and 44AE
under this I have to select Code and Trade Name. I have selected Code has 21008 Other services and Trade Name Note I worked in a company as an Accountant on CONTRACT BASIS. So can I mention name, please advise me


Kindly advise me because Under Business income there are 3 options available & one has to select at least 1 option which is mandatory. My income under u/s 194C is only Rs.1,92,203/- and TDS of Rs.1,924/- is deducted .
Also tell me how to fill various schedules
Kindly suggest me which option I have to select and also there is a reason because I have to file my revised return before 15th July, 2024.
Thanks & Regards.
V.Subramanian

Sir
I purchased property of 60 lakhs through bank loan and Saving. I filed form 26 QB also . But in AIS property value is showing triple . In bifurcation there is reporting from Sub Registrar office and TDS from 194IA for the same property. I submitted feedback as duplicate information Accordingly Value accepted by Tax payer got changed to correct 60 lakhs but processed value by system is unchanged . Also in 26 AS property value is showing correct 60 lakhs. This is for FY 2022-23. How to correct processed value in AIS

DEAR SIR,

ONE OF MY CLIENT SOLD EQUITY ORIENTED MUTUAL FUNDS LAST YEAR. THE PROBLEM IS DATE OF ACQUISTION OF THAT MUTUAL FUNDS REPORT COULD DOWNLOADED FROM THE DEMAT ACCOUNT. SOME OF LONG TERM AND SOME OF SHORT TERM.

IN THE AIS REPORT SHOWING THE DATE OF TRANFER ONLY NOW IN THIS SITUATION HOW TO FIND OUT THE DATE OF PURCHASED FUNDS. MY CLIENT SAYING IT'S WERE PURCHASED IN THE YEAR OF 2020.

NOW HOW TO DECLARE THE TRANSACATIONS

PLEASE CLARIFY ME

THANK YOU

partnership firm turnover is 2.46 CR AND PROFIT IS 3% , I CANNOT OPT FOR 44AD BECAUSE I HAVE TO DROP 44AD BECAUSE OF TURNOVER EXCEED SPECIFIED LIMIT IN A.Y.2020-21,
MY QUESTION IS , firm IS LIABLE UNDER TAX AUDIT ????

Sir,

I need your guidance in the following matter.

I am a retired pensioner. The ITR-1 is applicable to me.

Being a technical person, I may get some consultancy and hence earning opportunities casually (Not on regular basis). If I get such an opportunity and earn some amount (which is a casual income and not a regular income) , In this regard, please guide me that as and when I get some income from this activity, where should I show this income in ITR-1 and in which column? Is there any appropriate CIRCULAR for this?

Awaiting your valuable advice & guidance.

Regards.

Does the registration as Authorised Representative has to be through login of the person applying for registration?

Please advise!

Wanted to know which ITR is best suitable in case of below mentioned Incomes are involved in previous year for an Individual below 60 years (Regular Citizen);
1. Income from Salary
2. Income from Profession
3. Income from Other Sources
4. Income from Capital Gains

We are a private limited company and are selling our car to another private limited company. Problem is the buyer is asking for an invoice which we are saying we are unable to provide because our nature of business is not car sales. The Buyer's nature of business is also not car sales. Is it alright for us to make an invoice? or should we make a note? If yes, what do we state on it? Thank you for your time

Sir
If updated return filed with same income as revised return which was processed by cpc. Additional tax under section 140b is paid Is there chance of updated return becoming invalid.

Hi,

I have received a monetary gift from my mother in FY 23-24. I have made a gift deed and got it notarised.
1. Do I need to show the gift in ITR in Exempt Income?
2. In which sub clause of section 10 to put it or I have to put it under any other?
3. Any problems if i forget to mention it in ITR?

Thanks.