Sir,
My Company has to declare dividend for the financial year 2021-22 out of the profit of the current financial year. Whether this dividend expense was allowable under income tax act. Whether it was taxable in the hands of the company or shareholder.
My Client is having an Income from Business and Profession (both) and he is unable to maintain his books of accounts. Now I have to file his ITR in such a way that he shall not be in receipt of Notice from Income Tax, kindly advice.
Can we use ITR U for revice my ITR. My ITR has been filed with an additional income, which is not earned by me. Tax return preparer has takan all income appeared on my 26 AS and the same include an income which is not earned by me. How it possible to rectify the same. Filed on AY 21-22
I intend to sell my apartment for Rs.2 crores and the buyer is offering cash of Rs.60 lacs and the balance in cheque and agrees to register the property for 1.4 crores. I will remit the cash of 60 lacs into my bank account and declare as sale proceeds and calculate capital gain on total sale value of 2 crores and pay Capital gain tax on the total sale value of Rs.2 crores after indexation. Am I complying with all legal formalities? The registration department has agreed to register the flat for Rs.1.40 crores as per the guideline value of Govt. As a seller Will I encounter any problem with Registration department. Can any one clarify this
Dear Experts,
we have received defective intimation under Sec.139 (9). To rectify the defective return the system requests to rectify offline after downloading the filed return in JSON. The return in JSON format could not be opened after downloading. The error message is "application error". Kindly guide me on how to solve this problem. The stipulated period to file a revised return has lapsed.
With Thanks & Regards,
Ramaswamy.T
1. what is asi is all about ?
2. whether filling return of asi is mandatory ?
3. if yes, what is due date ?
Sir,
A resident Doctor professional income (online teaching classes) received from USA and professional income from India.
Question:
1Assessess it returns two or one filed
2.USA income show procedure in it returns
In the first year, CA (1) appointed him self as the auditor of company XYZ. In the second year the XYZ hired another CA (2). Second year's filing done by CA (2) without official resignation of CA (1) . Soon it came to notice that the auditor has not been apointed for this year and CA (1) is asked to officially resign. Now CA (1) filed ADT 3 and resigned, but gave resignation in the current date.
Now CA (2) is not filling the ADT 1 even after taking the penalty of ₹4800 for the delayed appointment of auditor.
What could be the potential reason for not filling the form ? And what actions can be taken against CA (2) by the company XYZ ?
Can we claim municipal taxes paid in advance for 5 years in current year ?
When we are generating eway bill for sales return delivery challan is showing. Can we fill credit note no in delivery challan box or we have to generate a delivery challan for this purpose. Please clarify.
Payment and Declaration of Dividend