Subhrajit Chakraborty
02 July 2023 at 17:12

Irredeemable shares

Can anyone please tell me why irredeemable shares are not allowed to be issued by Indian companies?


Daya

what is speculation and non speculation business for intraday profit and loss and also for F&O sales and purchase.


Daya
02 July 2023 at 14:10

F&O sales and purchase

F&O sales and purchase how to determine profit and its tax treatment under income tax.


Daya

what is F&O and what is its tax implication under income tax.


Rajesh Bk
02 July 2023 at 14:00

Which prfessional code

my wife is working as lecturer in a college on contract basis. the college deducted tds from her payment of Rs.4 lac under section 194 c . college also issued 16 a form form the same . In the 16 a , clearly mentioned 194 c section. As per my knowledge for the tds 194 section one should file return under itr3 professional schedule. But I have confussion that which professional code is to select


K.G.Shah

Dear Sir, During the FY 2022-23 I have received 5 years NSC maturity amount which includes interest of Rs. 200000/-approx. However, while filing Income tax return, I have shown interest on accrued basis (Say every year 40000). Now current year AIS shows interest of 200000/-approx . and as against I am showing interest only 40000/-

Whether this will show mismatch of Interest? Is there any provision in return to bifurcate year wise interest? What steps to taken to avoid notice?
KGs


SANDIP ROUT

Dear Sir,

what is the TDS applicability of fooding bills of hotel


Jatin Sachdeva
02 July 2023 at 11:29

Advance Tax | Challan of Payment

Hi Sir/Ma'am,

I have done a payment of 25k of advance tax. The challan was generated and I have saved that PDF. But on the income tax portal, it is not showing in the generated challan tab. The payment was done on 26th of June and it's visible in the payment history tab but not in challan tab.

I have to do another payment of advance tax but I'm waiting for confirmation as this was the first time. Please suggest about the generated challan.
Also, is there any other way to verify the same?

Thank you


Sethu Raman
02 July 2023 at 11:29

Can we give break for ITR-2 filing?

Last year I have filed ITR-2 to my friend since he had loss in investment in MF and shown in ITR-2 and processed with CFL. This year no activity in MF ( no loss or no gain) for him. She’ll I file ITR-1 for this year ( take breaks) and next year ITR-2 to take advantage of CFL if needed?pl clarify.


Rahul Rogha

I created Form 26Q for Q1 FY2023-2024 using TDS RPU 4.6 (latest), validated it with TDS FVU 8.1 (latest) and after validating file successfully. I put the FVU file in a zip and filed the e-TDS. And as soon as I filed it, instantaneously it was rejected and reasoning was [Rejected at E-filing: Line 1- Invalid File]. The file itself is error free. I have re validated it. What to do? I have filed TDS return before and selected 'Yes' to 'Have you filed 26Q for earlier period?' and also mentioned the receipt number.






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