Dear Sir,

Kindly inform whether Form-12BA is generated from TRACES or the employer has to prepare it in own software ? Is it mandatory to issue for Zero Perks also ? What happens if not issued by employer ??

Kindly inform.

Respected Sir,

If a person has income from Tution fees, interest from FD, Butique, Salary income Rs.3000/-,so which iTR form he can file.

Is there any restriction on purchase of shares of private limited company in cash.

I am working for IT enabled services (Software Online) related company in India. our transactions are 100% export and 100% online service related. During the fill up of ITR 5, I am facing problem to fill the Schedule QD which is mandatory if Tax Audit is applicable.

Please let me know what figures to be filled in this schedule ?
without fill up the schedule, ITR is not validated.

A Commercial property purchased in 2008 by Husband Wife in joint name was sold in Feb-2022.
Husband already owns 1 Residential house, Wife already owns 2 Residential houses.
All Payments for Purchasing commercial property was made by wife, All sales consideration money was received by only wife.

Dear Friends kindly guide on questions :
1. Can Husband & Wife claim exemption of 54F ?
2. If sale money is received only by wife, is the Husband taxable ?
3. If property is sold in Feb-22 till when they can invest in purchase of residential property to
claim exemption?

When GST is collected under section 73(5) after much delay past due date , what does it imply ?

Can penalty be levied ? What is the most honest plea one can take after being paying GST section 73(5) ?

Thank you.

Respected Sir/Madamed
Is It Mandatory to pay Dividend on Fixed percentage Redeemable preference share by Private limited Company for F Y 2021-2022?
xyz PVT. LTD. Company had not paid any dividend to its equity sahre holders during year f y 2021-2022, Company is in profit with appropirate reserves and surplus
As Per Companies Act 2013 with latest amendment applicable to Private Limited Company for F Y 2021-2022
Thanking You

RSU is vested and company deducted 30% of total RSU gain amount & deducted no of shares ( shares to cover by selling few shares for tax) and reported the same in income tax But I have not sold remained RSU which are left. E.g. if I received 100 vested shares and 30 shares sold to cover for tax for 30% then remaining 70 shares I have not sold before 31 mar 2022. Now after 2 years if I sell reminaing 70 shares then it will come under long term capital gain 20% as company is listed in NYSE america. So as I have not sold my shares before 31st march but my company treated as 30% by considering SG so can I get back this money and then inform when I sell it ? how does it work if RSU not sold by employee for which 30% tax is deducted by considering SG but if employee sells after 2 years then it is loss right. How to take care of this ?

Any Employment consultancy who provide Employees to company and take charges (like one month salary) . Kindly assist this type of service comes in which category and Which Section code apply for TDS.

Hi,

I have invested Tax free mutual funds in the year of 2016 , sold in the year of 2021

1 lakh is invested and 52000 odd amount got as a gain,

can you please tell me how to file ITR

is this 52000 is taxable ??
the information is visible under AIS under income tax portal