I am Indian tax resident with main source of income as salary from MNC. my employer also allots some RSU's bonus every year.
As I have shown my US RSU dividend income and the tax withheld on it in my ITR2.
I have claimed the tax withheld as tax credit under DTAA.
Now my ITR status is send to AO for processing.
Credits for tax payments made outside India claimed in the return , which can not be verified by CPC.
I have not filled form 67 as required by the process for claiming FTC under DTAA.
Also I have claimed refunds in my ITR2
My question is
What should I do now to complete my ITR assessment.
1. Contact AO and submit required documents.
2. Fill form 67 and file a revised return.
3. File a revised return and remove FTC claimed.
Waiting for AO to contact and process my return does not work out as I got to know that AO might take years to start the processing.
Any help/ suggestions in this issue are welcome and appreciated.
Thanks a lot.
Dear Sir,
Under GST, Late fees, & Plenty is expense or note ?
जागरण मे दरबार लगाने वाले की आय income tax return मे कैसे show करे
Respcted experts
A Commission Agent Who Works in Anaj Mandi. he does not trading just sold the crops to Purchaser on behalf the farmers. farmars supplies to his crop to Commission agent and commission agent same sold to customers ( Purchaser) for that he collect some commission from Customers. many times commission agent pay advance to frames for their house hold activity. now please guide to us who to treat about that
Supplier ( Farmers) in which Group ?
Customer ( Purchaser) in which Group ?
Is High Sea Purchase part of Domestic Purchase or Import Purchase?
Dear Sir,
We have forgotten to show RCM rs. 108900/- in GSTR 3B for FY 18-19. Please suggest what should we have to do. But same include in books. Can we account in Current Month,s return and pay in next month ?
Dear sir,
We have Paid Late feed due to late filed the GSTR3B Return. So please suggest is this expense or same late fees value transfer to proprietors (Captial A/c)
When we go to file a ITR-2 for NRI income of interest from f.d. it is asking for a tax identification of a NRI person? If we dont have a tax identification number what is the another option? what should we do in this situation?
Whether Co-Operative banks are liable to deduct TDS under Sec 194A on interest paid on Term Deposit of a Registered Co Operative Society?
I WANT TO KNOW THE REASON ,THAT WHEN I AM SUBMITTING ITR4 RETURN OTP IS GENERATED BUT, THE BOX WHERE THE OTP IS TO BE FILLED IN DOES NOT APPEAR. SO WHAT IS THE REASION.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
Query regarding return send to ao due to ftc