I have long term capital gain on non listed equity shares , in this year.
Please suggest tax saving scheme or investments bonds to save tax.
Thanks
Pradeep Kumar Sharma

we have a 2 bhk flat at pune which is joint names of myself and my wife . we wanted to sell that and buy another flat/rowhouse (on resale or new ) .we are not getting good price for our flat as many flats are sale in the same building as tenants have left last year due to loss of job or to work from their hometowns . it is difficult to get loan from banks as i am 59 and my wife is 55 and hence they are offering only Rs 25 lacs as home loan for a period of 5 years . is there any limit when we can sell the flat and show the capital gains as invested in the new house .if yes do we have to buy the new house also jointly in the same order as our earlier house to avoid tax on capital gains. can we include our daughter who is major as third holder in the new property even though she is not contributing any funds . do both of us husband and wife can get exemption from capital gains on the flat sold and avail concession on tax on home loan if taken . if yes in what proportion. kindly advice how to proceed . if we cannot sell our old flat now and sell it later when markets picks up ,can we get exemption from capital gains .

It is informed that , arbitration award/ court order in respect of a claim by contractor has been passed in favour of the contractor in respect of capital works and such arbitration award/ court order has been challenged in a court of law/ higher court, the amount of arbitration award/ court order (including interest till the date of award, if any) becomes the claim amount for the purpose of maintenance of Register of Claims .

Pl advice whether interest till the date of award on the amount of arbitration award/ court order is capitalised or not.

Respected Members ,

During filling of income tax return of a lic agent ( ITR 3 OFFLINE UTILITY ) ( no books of a/c ) , all deails are provide with actual figures , then validation was done with successful .

but after validation but before verification,  2 validation errors are come out repeatedly 15 times & i am really surprised that why validation erros are come out irrespective of correct figures are providing.

Validation error description :-

1) In schedule BP, sum of values entered from 36(iv) to 36 vii) should be equal to sum of " Net profit " declared at SL No 64(id) and 64(iid) in Sch P&L .

2) In return credit for TDS has been claimed but the corresponding receipts /income has not been offered for taxation .



Now the actual fact is , as per No 1 validation error , actually both the figures should be different as per their respective values therefore i am really surprised why system asks for that " In schedule BP, sum of values entered from 36(iv) to 36 vii) should be equal to sum of " Net profit " declared at SL No 64(id) and 64(iid) in Sch P&L  "

I am trying to rectify the above 2 errors 15 times but still now 2 validation erros are coming repeatedly when i want submit for verification & i dont know why that erors are coming out repeatedly .

My questions :-

1) Are you facing samre problem while filling ITR 3 ( Offline utility ) ?

2) What is the remedy ?

3) What should i do for that ?



Regards.





                                  

Sirs,
Am unable to file return for AY 2021-22 in the new portal. Am able to view only the guided tour page of the new portal .

Can anyone help me by sending link for ITR1 or pls let me know how to proceed..🙏

DEAR SIR,


ONE OF MY CLIENT RECEIVED HRA 330000/-, AND HIS HOUSE RENT PAYING IS 198000/- . MY QUERY IS IF HE IS CLAIM HRA INCOME TAX WILL BE ZERO. OTHERWISE CLAIMING HOUSE RENT HE HAS PAY MORE THAN 141000/- INCOME TAX. AFTER TDS DEDUCTING RS 228551/-. SO I WANT AVOID SUCH HUGE TAX AMOUNT CAN I CLAIM HRA BECAUSE HE RECEIVED AS PER HIS PAY SLIP FOR THE PREVIOUS YEAR 2020-2021.

PLEASE SUGGEST ME IS THERE ANY PROBLEM WITH THAT NEED HELP

REGARDS

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ANY PROVISION FOR DIRECTOR REMUNERATION MORE THAN 11% OF NET PROFIT FOR PUBLIC LIMITED COMPANY. COMPANY LAST YEAR PROFIT 76 LACS, PAID UP CAPITAL 80 LACS

Dear All,

I want to add new partner in GST and partnership deed. if anybody have proper word format for addition of new partner in GST which is acceptable by GST authority. Please provide the same.

Thanking you

I am having XML file downloaded from MCA website. Now I wants to convert it to BS. Please provide the conversion software of XBRL. I cant download from MCA.

Thank in advance.

My Email ID Pankaj25555@gmail.com