I'm getting the following error while filing ITR - 7 Form. I'm using computax software for filing of ITR. If anyone knows how to clear it, kindly reply.

Error : In "PART B- TTI", value at Sl.no.'11' "Refund" should be equal to value of Sl.no.9e- Sl.no.8.

Sir,
It assessee SBI life insurance flexible smart covered rs:100000/- yearly *10 years sum assured amount rs:10 lacs .if assessess SBI life insurance amount received rs:11,50,000/- f.y.21-22.
Question:
Assessess SBI life insurance amount taxable or exempted in it act.

I HAD SOLD A PROPERTY IN NOV 2019 ( ACQUIRED IN 1995 ) AND WAS PLANNING TO BUY ANOTHER ONE .. I DIDNT DECLARE IT IN MY AY 20 -21 OR AY 21-22 IT FILING .. AND DUE TO COVID SITUATION I WAS NOT ABLE TO BUY ANOTHER PROPERTY ... AT THAT TIME A TAX CONSULTANT TOLD ME I CAN BUY A PROPERTY IN THREE YEARS .. ALSO I WAS NOT AWARE OF THE CAPITAL GAIN SCHEME ... I HAVE NOT RECEIVED ANY INTIMATION FROM THE IT DEPARTMENT YET .. DUE TO BUSINESS LOSSES DURING COVID I HAVE DECIDED NOT TO BUY A PROPERTY ANYMORE .. I WANT TO DECLARE THE LTCG .. SHOULD I FILE IT IN AY 22 - 23 OR IS THERE A WAY WHERE I CAN REVISE FILE IT IN AY 20-21 ... I HAD FILED ITR4 IN AY 20-21 .... KINDLY GUIDE

A has entered in to Joint Development Agreement (JDA) with B for construction of 100% commercial premises on his land. B has allotted area to be constructed on the said plot. B has not given any monetary consideration to A against the JDA.

Query :
1. GST payable by A will be calculated on the cost of construction incurred by B for constructing the premises to be allotted to A
OR
2. On the market value of the premises on the date of obtaining Completion certificate from the Municipal authority.

We received notice for ITC difference between GSTR3B v/s GSTR2B for FY 2021-22, we availed provision ITC 5% up to December 2021 and previous year invoices ITC availed in current year.

Is there any time limit for provisional ITC availed?
I understand that time limit for ITC availed FY 2021-22 is up to Sep-2022.

Request your suggestion to reply to notice.

Please share any case law related to this issue.

Thanks & regards,
Munisami.G

Dear sir,
We have doing import and export business in Kerala .
In case of import we make payment IGST payment ,but it will take more than 2 to 3 month to reflecting in 2B. If we not account while receiving ,our stock
will be mismatched .more over we have tally software, while
updating 3B from tally such IGST from import reflected in 3b
and red mark is showing.
Please advise how to solve this problem
1. Import of IGST reflected not in current month
2. How to account this transaction
Please advise
With regards
Binu

A person has Rs 4 crore capital gains from trading of shares. To avoid CG tax, he wish to purchase residential flat. He will make Rs 80 lakhs as down payment and rest Rs 3.2 crore on getting possession after 2 years. Whether he needs to deposit Rs 3.2 crore in CG deposit account to claim exemption or he can park the fund as per his own will?

After filling my IT return(AY 22-23) I got a demand notice from the IT department as the TDS done by bank is Mismatched because of Form 26AS does not contains partial amount of TDS with respect to the Tan mentioned in schedule TDS.
What is to do now?

Sir/Madam

I have one doubt, please resolve the same-

1) How to know donation paid is eligible u/s-80 G is covered under 50% /100 % amount of donation??
Is we can trace eligibility based on trust registration no??
2) Is it possible that last/past period it covered 50 % limit and in current year onwards it will cover under 100 % limit??

An HUF provides consultancy and its receipts are credited to HUF account under its PAN. As per income tax it may be regarded as Karta's income and may be clubbed with Karta's income. Is there any similar provision in GST that it has to be reported under Karta's PAN and GSTN? Particularly when Karta is registered under GST and HUF is not and HUF has separate PAN?