Sir,
I filed ITR 2 for AY 2022-23 under old regime for income under salaries,other sources & capital gains aa a esident Individual.
I wish to file the revised return now under NEW REGIME for same AY as i have realised that the same is more beneficial.Is it allowed?The original return is still not processed & last date of filing is still away.

Dear Sir,

One of my client has come with his Form 16 where he has claimed Rs. 1 lac extra HRA in Form 16. Now he wants to declare actual HRA amount and file Income tax return.

My query is can I declare his correct HRA amount as if I do that the amount will not match with Form 16. Will his return get accepted by Income tax.

Please help me in this matter.

Regards,
Divyesh Jain

what is Password to open PDF for AIS ( Annual Information system) and TIS.( Taxpayer Information summary)

what is diluted EPS.

An Indian citizen who is been employed outside India and falls under category resident but not oridinarly resident had come to India during FY 2020-21 for a short visit but due to pandemic he couldn't leave India. During this time he worked from India (WFH) and received salary in foreign bank account and also pay taxes in foregin country for the same . Does the aforesaid income is taxed in India?

in which condition RCM on advocate not applicable in the case of service received by a Pvt. Ltd. company.

Error while submitting return.|Account determination not possible for key MSTD - -C1 -R000 -A17D, posting area Invoicing: Account Assignments for Genera(2610)|--> Error during processing of source document INVBI 5002069313|--> Reporting invoicing function: Invoicing of Billing Documents|Unable to process invoicing unit for contract account 27541575028|*** Documents to be processed in invoicing unit:|***** Source document category-source document number INVBI -5002069313|*******|Errors occurred when posting invoicing documents for form bundle 92236008|

sale of rural agriculture land in previous year should report in ITR under exempt income ????
although it's not a capital assest

I want to know the tax implications in the following cases in case I am not maintaining book of accounts

A) If I receive a certain amount in my bank account from Mr A, and transfer the same amount to Mr B immediately, what are the tax implications? In case I am not maintaining book of accounts

B) If I make an online payment on behalf of Mr C, and Mr C pays me back for the same through bank transfer, will it have any tax impliations?

we have sold complete material worth 15 lacs to another firm which is in the same building. but we forgot to generate the eway bill. because the material is not moved anywhere. just raise the invoice to the newly stated firm. is it right or offensive? if offense what will the solution to rectify the mistake. Please urgent ....