Respected Sir,

I have to check the yearwise demand of income tax liability on income tax portal.

Please guide me on this issue.

TKS & RGDS

Hello,

I paid my SAS in September 2021 and made my tax due= 0.
I am filing my returns this month in December.

The income tax portal is still charging me interest under 234A until December (for months October, November & December) although my tax due is 0.

What is the law in this regard? Is the income tax portal correct?

It doesn;t make sense paying interest on the amount that I have already paid.

Please advise

I invested in equity (intraday, short term and long term capital gains). I have an annual intraday profit of 70,000 rs and annual speculation turnover of rs 80000. I also have long term loss of 6,00,000 which I have been carrying forward for last two years. I have brought forwarded short term capital loss of 9,00,000. Under what head should I show my short term trades, capital gains or business?

can we take gst input on foods exp, as because its ues for business promotion.

What is difference between
Assessable value and Taxable Value in GST.
Please reply.

Dear Sir,

Our Private Limited Company was received the Income Tax Notice under section 142(1) on 20.08.2018 from Income Tax Department for 2016-17.
The Income Tax Scrutiny for AY 2016-17 was completed in December-2018 and the final Income Tax order under section 143(3) is issued on 28.12.2018 from DCIT Office,
Mumbai and in order there is Income Tax Refund of Rs.14,78,550/-along with Interest under section 244A of Rs.158715/-.
Until November-2021 the Income Tax Refund was not received and in December-2021 the refund was credited in company's Bank account.
But the Income Tax refund of Rs.14,78,550/-, which was received in Bank account is only as per Income Tax Order issued on 28.12.2018. (i.e-Rs.14,78,550,/-).

Interest rate is 0.5% per month which will be applicable on Income Tax Refund of Rs.13,19,835/- from Dec-2018 to Dec-2021 or not?
The taxpayer is eligible for interest on refunds or not.
Can we file a grievance in Income Tax Department?

Kindly advise in the above matter.

Thanks & regards
Kadam

Dear sir/madam,

One of my friend had salary income Rs.1950000 &TCS (206CL) Rs.11993 for the financial year 2020-21, which ITR he can choose, kindly guide me.

Thank you.

I want to File GSTR-3B of September 2021. can i file GSTR-3B without Paying Fee .

Dear Expert,

I have intraday loss in the last financial year, which was incurred due to trading in futures..
Can I use ITR-2 to show the same as there is no specific mention for speculative loss/profit..

Kindly clarify

Dear Experts, I am to file ITR for our partnership firm. In the year ended with 31.03.2021, there was no business turnover, only expenses which are to be carried forward to the subsequent year. When I tried to file ITR-4 the system is not accepting to file zero TO. Any other ITR Form or any other mode to fill a zero TO and business loss.