Amandeep Singh
29 December 2022 at 15:09

Income Tax Return FY 2021-22 ITR4

Dear Sir,

I have Filed ITR-1 for FY 2019-20 income from Salary, Interest fd and tution income. In FY 2020-21 i filed ITR-4 income from tution fees, boutique income in FY 2021-22 please suggest which ITR form i shall file my income is tution income, Salary income interest from FD. No income from boutique. Can i go for ITR-4 or ITR-1

Kindly advise


Vishwanath
29 December 2022 at 14:33

Query Related to Form 11 of EPFO

Sir,

I joined a company 3 months ago. Today they said I need to sign declaration form (form 11) saying I do not want PF to get deducted from my salary.

My query is do I need to give a declaration for not availing PF contribution. What is form 11?

Regards,
Vishwanath


Gopalakrishnan. S
29 December 2022 at 13:59

Switch over from ITR 3 to ITR 4

Sir,

One of my friend has been filing IT return using ITR 4 for the FY 2018 - 19 and 2019 - 20
and filed IT return using ITR 3 for the FY 2020 - 21. Now, can he use ITR 4 to file his return
for the current FY ( 2021 - 22) ? What will be the consequences, if he switch overs from
ITR 3 to ITR 4 now ?

Pls. Advice.


MAKARAND DAMLE
29 December 2022 at 12:56

Ecampaign income tax notice

Student studying in UK has received notice asking her to file Income Tax Return for AY 22-23

In her Form 26AS Interest on FD is shown which i will show as income under other sources

In form 26AS there are entries by HDFC and HSBC Bank under TCS u/s 206CQ. She has trfd funds from her india account to UK account. Funds have been trfd from her parents. TCS is not deducted since amount is below threshold limit

My question is whether above gross amount shown u/s 206CQ needs to be shown anywhere in income tax return ?


Asjad Mahmood
29 December 2022 at 11:41

Proceed to verification error

My ITR 3 e-filing was successfully validated. But cannot go further to Proceed to Verification. I was getting error message while clicking on it. Error states - Bad request. Request: Post Tried clearing cache, different browser, different system but same error. Kindly suggest how to resolve it.


TARAK KUMAR ROY
29 December 2022 at 07:58

CSI FILE FOR E-TDS RETURN

Is Income Tax Department changed to download the CSI file for submission of e-TDS returns from TIN-NSDL? Will we have to download the said CSI file after login the Incometax.Gov.in portal?


S.Jegadeesan
29 December 2022 at 00:03

Overseas Direct Investment Reg

Sir,
I would like to clarify the doubt regarding Annual Performance report & FLA Return .
1.Whether Individual should submit Annual Performance Report & FLA to RBI irrespective of the Investment Value or any certain limit applicable to submit the APR & FLA ?

2.Is UIN mandatory for Filing APR by Individual ?

3.How many copies and where should I file the APR ? In case not filed within Due date what is the Minimum & Maximum Penalty for Non Filing of APR & FLA?


Abhay Brahme

I am a managing committee member in a cooperative housing society and I need to file income tax return for our cooperative housing society located in Pune, Maharashtra.

Now, my tax consultant is saying that he doesn't know the way to show the surplus as indicated in our audited balance sheet as not an income while filing the Income Tax Return form ITR 5.

My question is how does one show / claim in the ITR form 5 that the surplus (and member contributions) in case of a cooperative housing society is not at all the profit as such and is not the taxable income of the society? Which specific entries are needed to be made while filing the ITR 5 form in this regard?


Rohit Gupta
28 December 2022 at 23:37

Credit Card to Wife's Saving Bank Transfer

Hello,

If I transfer 1lac per month from my credit card to my wife's saving account, is this taxable income for her? Or a Gift from me?

If she sends the amount back to me in my savings account or directly pay it back in my credit card using Billpayment portals, does this balances it out and we don't need to show it anywhere?

Basically, I want to achieve monthly milestone of my credit card to gain some rewards and apps like BharatNXT, Paytm or Cred allow me to transfer amount to her savings bank account.

Please advice if this practice sound ethical and justifiable just to earn CC rewards.


abhishek kumar

Dear sir,
I wish to reprint of pan card but the no data is available in income tax department. What to do?






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