Sir,
A registered composite scheme dealer sales of goods turnover gstr-4 vs income tax returns difference between rs:40 lacs in f.y.21-22
Question:
Dealer difference turnover tax pay through on DRC -03 challan quarter wise or yearly turnover tax pay
2.difference turnover tax +interest include.
In one of our cases there was carry forward losses of Rs. 7766600 till assessment year 2016-2017.
The bifurcation is as follows:-
Assessment Year Losses
15-16 2823050
16-17 4943550
Total 7766000
The same losses has reflected in my above Return of Income tax till assessment year 2016-17. While submitting the ITR for A.Y 2017-18 by mistake the above carry forward losses were not considered, the loss of A.Y 2017-18 was only considered and carried forward.
This has continued till assessment Year 2022-23 the carry forward losses of Rs. 7766000 is duly reflected in the ITR and disclosed to income tax till A.Y 2016-17. Sir, how can I deal with the above issue that arose due to clerical error, so that the above assessee would be entitled and take the set off of above losses Rs. 7766000.
I would like to mention that this was audit case cover under section 44 AB and even every year the audit report and ITR is submitted in due dates.
is giving advance for some product like that we give for purchase of car as the product will be received after months and are we actually losing a potential income from that advance money
Nil nil Nil nil
Read more at: https://www.caclubindia.com/experts/modif
I took termination from my articleship stating discontinuance as the reason in form 109, now i want to rejoin CA, will i be able to give may 23 attempt and should i follow any other procedure to get back to CA. or should i join articleship and wait for 9 months and then give attempt.
Heads off to Shri Dhirajlal Rambhia for giving the resolution of generating fvu file.
I have a joint savings ac with my son and i am 2nd joint holder. I made a tax saving fd of Rs150000/ online from mobile application for my son. But the fd is issued in my name. Can my son claim the income tax exemption. Please clarify?
Dear sir
Verify Return-Not Done with in time so now Now while Verify this is message (Since the return is not verified within the time allowed, same is deemed to be never furnished)
please Advise me What to do and I have 25000- Refund Amt
Thank in Advance
Hi,
My employer's office location is in city X. They have 100% work from home policy.
I am residing and paying rent in city Y.
As per ITD, can I claim HRA for FY23?
Thanks!
Is Health insurance come under General insurance