swetha
17 March 2022 at 12:34

Co ownership to claim 54F exemption

Whether co ownership of house is considered as full ownership of the house to claim exemption u/s 54f. if Assessee owns 2 co ownership properties whether he can claim exemption under sec 54f


LIMPA CHAKRABORTY

For one of my clients submitted Income tax return in ITR-3 which was duly e-verified on 15.09.2021 for the A.Y. 2021 which has not yet been processed U/s 143(1) even long 191 days have already been passed. Grievances submitted 3 times but no effect. Without having maintaining book of accounts, a balance sheet had been made by me on documents and furnished in said ITR. Now I want to revise said return per U/s 139(5) by deleting said balance sheet and to be uploaded as NO ACCOUNTS case. Can I do so. Kindly help me.


Bhai
17 March 2022 at 12:01

HRA Exemption on Salary Income

Sirs,

One of our employee is paying Rent thru No Broker site and has given a rent receipt.
Receipt states the amount received from that person, and bearing address mentioned only the locality. Owners name is there but the complete address is missing. Receipt is a systme generated one.

Can this be accepted for HRA Exemption.

Thanks.


TARAK KUMAR ROY

Return of income U/s 139(1) in itr-3 had duly uploaded and e-verified on 05.09.2021 for the A.Y. 2021-22. ICICI Bank Paid/debited amounts shows above taken as PAID interest income and the same has taken in Income from other sources. Have I did wrong? Kindly let me procedure to show income paid/debited amounts u/s 206CQ in ITR. If the amounts debited by bank, what to do now. Regards, Tarak Kumar Roy, 150/1/1, Banerjee Para Road, P.O. Naihati-743165, West Bengal


SURESHAN

Please let me know the details of stamp duty applicable in the state of Tamilnadu for partnership activities


Kollipara Sundaraiah
19 March 2022 at 07:29

Cash transactions limit for banks

Sir,
1.A gst registered and it returns filed person cash deposit and withdrawal in bank sb and current account limit for one financial year in it act.
2.A gst and it returns non filing person cash deposit and withdrawal transaction in bank sb and current account one financial year in it act.
3.a gst and it returns filed person and gst and it returns non filing person cash deposit and withdrawal transferred transaction through on google pay and phone pay and paytam modes in bank sb and current account limit for one financial year in it act.


CA Ritu Chauhan
16 March 2022 at 18:36

Format of Audit report u/s 143(8)

Whether format of Audit Report of a branch auditor u/s 143(8) will be different from the format of Independent Auditor's Report format ? If yes then can anybody pls share the format?


Kollipara Sundaraiah

Sir,
1.A it returns non filing person and it returns filed person cash deposit and withdrawal limit for savings bank and current bank account one financial year
2.cash transfer to sb and current bank account through on google pay and phone pay and paytam modes limit of one financial year.


sheik azharuddin

If i have a turnover of say 5 crore but ny net profit is below BEL , am i required to file income tax return


CA jignesh daiya
16 March 2022 at 16:11

Deduction for Tution Fees

Dear Experts

Can We take deduction Of Tuition Fees Advance Paid last Year For Current year If No Deduction Taken For Last Year In The year of Payment ?