STUDY FUNK
20 July 2023 at 18:36

Tax on arrears

I got arrear of Rs. 1,32,000 of previous two financial years (FY20-21& FY 21-22). Previous two financial years my income tax was nil. Now due to arrears my income increased to 10 lakhs. Though i filled form 10e but i am not getting any relief in tax under section 89a. What should be done to get tax relief due to arrears?


kasimrangwala2@gmail.com
20 July 2023 at 18:10

Validation error in ITR 3

80U - Maximum deduction will be of 75,000

Even i have not entered it

I have tried all things with it i.e. added 0 in there, deleted it, even enter 75,000 and try to generate

It is not solving at all


M Sairam
26 July 2023 at 15:52

Tax Exemption on Leave Encashment

Dear Experts.
I read Notification No. 31/2023/F. No. 200/3/2023-ITA-I issued by the Ministry of Finance on enhanced the exemption limit on leave encashment. There is an explanatory memorandum which is " It is hereby certified that no person is being adversely affected by giving retrospective effect to this notification". Is this sentence giving retrospective effect to all past tax payers to claim exemption?


Chandra Kala
20 July 2023 at 17:03

WHILE ITR-3

WHILE FILING ITR-3 BELOW MENTION ERROR OCCURED. GIVE A SUGGENTION
" INCOME FROM PROFIT AND GAINS OF THE BUSINESS / PROFESSION IS GREATER THAN 2.5 LAKHS SO BALANCE SHEET NOT FILLED


nidhi sarda
20 July 2023 at 16:44

Flight invoice

Hi
I want to know what is the correct way to make a flight invoice . I am travel agent so i take the flights from b2b portal charge a certain handling charge on the same and resell .
For eg suppose flight cost is 5000 we charged handling fee of 250 and sold it at 5250 so how to make the bill . We need to apply 5% gst on 250 or 18%


CA Parul Saxena online
20 July 2023 at 16:44

IRN no is not there in 2B

E invoice is generated and bill is issued to vendor...but in vendors'2B our IRN no is not depicting what to do? Invoice is reflected but IRN no is not depicting there what to do so that they can get credit?


jagdish ahuja

i am a CA with COP -- can i also be a research analyst for a share
broking firm as part time/consultant
thanks


N Sharma

Hi, I am a Human Resource Professional, worked as HR freelancer in IT company for 6 months in F.Y. 2022-23, and all my payments are digital transferred to my account directly.

Which Profession code I have to select for filling ITR-4 with presumptive taxation under 44ADA to declare 50% of my income.


kowsalya

Can gst paid on rental income under composition scheme be claimed while filing the income tax return. Kindly advise.

Thanks in Advance.


Gaurav Jain
20 July 2023 at 15:11

ITR Number Require

Hi,

I have income Commission from Insurance & As per my 26AS TDS deducted under Section 194C,194D,194A,194H.

Pls let me know Which ITR No. will file.

Regards,
Gaurav Jain






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