deepak
16 April 2020 at 07:48

Purchase of flat query

If a person has purchased flat of rs. 6900000 without sale of any flat. In this case purchased flat entry will come under capital gain schedule or any other schedule?


Ramu A
16 April 2020 at 05:22

ITR risk management process

I have received an email like below. I found that there is mistake in my ITR how to proceed now, please guide me.

It is seen that a claim of refund has been made in the Income Tax Return 726533040290719 for 2019 filed by you on 29-JUL-2019.

Your Income Tax Return has been selected under risk management process wherein your confirmation is required on the claim of refund. You are requested to submit your response in the e-Filing Portal post login by selecting either of the following options:

The claim of refund is correct to the best of my knowledge and belief
Return of Income is being revised wherein, correct claim of refund shall be made
To submit the above mentioned response, please login to e-Filing portal, Go to Worklist->For Your Action-> Response for Refund Confirmation.

Please verify the claims made in your Return of Income filed and submit your response accordingly. In case of any incorrect claims, please revise your Income Tax Return (ITR) .


ASHISH SINGH ADHIKARI
15 April 2020 at 19:55

Depreciation

What will the rate of depreciation for Mobile and under which category it will stand at the time of filling return.


S. RAVICHANDRAN

SIR

PLEASE LET ME KNOW THE CLAIM REFUND ON GST INADVERTENT DUTY STRUCTURE, THE GST PAID ON SERVICES ARE ELIGIBLE TO CLAIM REFUND.
AND ALSO KNOW EXPORT OF GOODS WITH IGST AND GET REFUND, GET CREDITED THE DRAWBACK, IN THIS CIRCUMSTANCES, THE EXCESS AVAILABLE ITC IN THE ECL CAN APPLY REFUND ON GST INADVERTENT DUTY STRUCTURE
EXAMPLE : INPUTS RATE OF GST @ 18% OUTPUTS RATE OF IGST @ 5% EXPORTS
PLEASE CLARIFY
SR



Shristi Agarwal
15 April 2020 at 15:31

Registration on icegate

I want to register my proprietorship firm on ICEGATE website in order to simplify my import custom clearance procedures. I realized I need to register as an IEC holder, and one of the documents in the registration is the Scanned copy of the License/Permit.

Do I need to take a permit/license from customs in order to complete the ICEGATE registration?


Vrinda
15 April 2020 at 13:05

Capital gain treatment..

There was a houseproperty the owned by husband & wife (as per ownership documents) purchased on 2006. Purchase price was paid by taking a loan and EMI s were paid by the husband from his bank account.
Today this property is being sold, sale proceeds are received in a joint bank account & TDS is deducted equally in the name of wife & husband.
Also the new house property that was purchased to claim exemption u/s 54 is also taken by making payments from joint bank account.
Now can we compute capital gains equally in the ITR of both husband & wife?


praveen
15 April 2020 at 11:31

Due Date for PF Paymnet_March'2020

Dear All,

Any extension for PF payment for the month of March'2020..??

If Yes, pls share the respective Notification


Mallikarjun Rao
15 April 2020 at 11:13

Interest on Unsecured Loan

Dear Sir,

Is it mandatory to pay interest on unsecured loans availed from friends and relatives as per Income tax act, please advice.

Arjun
7780309128


DIVYESH JAIN
15 April 2020 at 10:10

Salary of employees

Dear Sir,

Is employer liable to give salary to the employee for April 2020 as the lockdown is now extended for next month.

There is no work from home and there is no income earned by the company during this lockdown period.

Please suggest a remedy.

Regards,
Divyesh Jain


vinayak alagundi

Your Income Tax Return has been selected under risk management process wherein your confirmation is required on the claim of refund. You are requested to submit your response in the e-Filing Portal post login by selecting either of the following options:

The claim of refund is correct to the best of my knowledge and belief
Return of Income is being revised wherein, correct claim of refund shall be made

I selected option 2 and submitted. What to do next.





CCI Pro
Follow us


Answer Query