Ritesh
26 July 2024 at 00:15

Revised ITR for pension

Hello Sir ,
My mom is pensioner and having income form agriculture more than 5K.
So we are filing ITR 2 and showing Pension, FD intrest and agriculture income .
This Year we select ITR 2 but forgot to ahor agriculture income . ITR processes and We got refund of Rs 1500 which was TDS deducted by bank which is correct.
Now we want to revised ITR to show agriculture income (which is exempted income ) but I am not getting where to show Refund amount in Revised ITR . As at last it is showing refund amount is again Rs1500. Will ITD department manage while processing ITR ?


Vijith Sourav
25 July 2024 at 23:01

TDS 195 Dividend income

Dear Expert

One of my friend received dividend income to his NRI account and TDS deduction made under section 195, But he was in India only in last FY year. Can anyone please help me how to show this income and which ITR should I use.

Thank you
Vijith


K.G.Shah

While filing ITR 3 return after successful verification message I am getting the error message as "In Schedule OS/ Schedule EI, the amount of dividend income mentioned is cannot be more than the dividend income reduced from Schedule BP;#;Kindly ensure that dividend income mentioned in schedule OS or schedule EI should be equal to dividend income reduced from Schedule BP." However it says u can file the ITR ... What is solution. I had not shown dividend in profit and loss account. I am having only Intraday loss that I have shown as expenditure, instead of gross receipts (sales) and expenditure (as purchase). Please guide urgently..


Gaurav Gupta
25 July 2024 at 20:26

Rate of Tax FOR GAMING STICKERS

I sell online gaming stickers and cards (virtual). how are profit from sale taxed in Income tax regarding these gaming stickers and cards? Is it slab wise or they are treated as VDA?


Suresh S. Tejwani
25 July 2024 at 19:56

Regarding tax liability of GST

If any individual is service provider and provided services of Rs. 22 lakh to SEZ and shown such services as exempt service,
Now if he takes services from other party so he has to make invoice with GST or without GST?
and IF he makes invoice with GST then can he claim refund of such GST?


Sarcastic Aloo
25 July 2024 at 19:42

NRI status and tax

An Indian citizen (student) was in India till 8 Sep ~ 160 days in India. (never been out of India before)
And then left to UK for studies and haven't came back to India in the FY 23-24.
1- What is the status of the assessee (Resident, RNOR or NRI)?
2- He started a part time job with studies from Oct 2023 and received some money in his UK bank account. Is this amount taxable in India?
*The Assessee does not have any income from India except Rs. 21,000 interest received on FD.


Lavanya Mohan
25 July 2024 at 19:29

House property loss in ITR2

Choosing new regime still to show house property loss in ITR2?
If not shown any impact in future
Please clarify


SIDDHARTH MAHESHKUMAR SHAH

if any of employee's PAN Number is not linked with his Aadhar on Income Tax Portal and this employee falls under the Tax Slab of > 10 Lacs, then What is the liability of Employer for TDS deduction from his Salary?


Raghu

Hi
I would like to understand if a tax payer can opt to not setoff long term capital losses against long term capital gains, if the long term capital gains total to less than Rs 1 lakh. In this case can the tax payer carry forward these capital losses to future years.

Thank you so much for your response in advance.


Ritesh
25 July 2024 at 18:31

ITR for LIC Agent

Hello Sir,
My sister is LIC Agent and having income form capital gain and Bank FD.
This year she just got Rs. 4000 LIC commission.
Can we file ITR 2 or we need to file ITR3