Husseini
16 October 2024 at 15:07

ITR form AY 2023-24 Late return

I have already Filed ITR1 form AY 2024-25. Now i want to file ITR form for the AY 2023-24, is it possible?. It is required for Bank Loan Purpose.


Jaswinder singh

Respected Colleagues,
2 days ago had applied for GST registration of Restaurant mistakenly without composition scheme and application still under process..... But I need composition scheme, So my query is can i request Jurisdictional officer to change the scheme while processing the GST registration?


jayesh khokhariya
16 October 2024 at 10:14

Revenue sharing taxability

Assesses owns one hotel premise, he has given that premises for use as hotel purpose to other person and he will charge 25% of gross receipt from that person as revenue sharing for use of hotel premises,

how it will be taxable 25% revenue from that person , owner want to take that revenue income in all family member name as owner of the premises is his father


Mohit Landge

I had purchased a flat and paid the required TDS. Afterwards, I filed Form 26QB and generated Form 16B. Unfortunately, due to unforeseen circumstances, I had to cancel the flat. Now, I'm trying to get a refund for the TDS amount I paid.

The developer can see the TDS against my PAN in Form 26AS but cannot claim or refund the amount from their side. Since a new buyer will also be paying TDS for the same property, it could lead to discrepancies in the developer's Income Tax Return (ITR). The developer assured me they would not claim the TDS I paid.

Is there any official process or way I can get a refund for the TDS amount paid, considering that Forms 26QB and 16B have already been filed? Any guidance would be greatly appreciated.


Ratheesh
15 October 2024 at 16:49

Section 80EEA Eligibility

Dear Sir,

I have a few queries regarding the eligibility for the 80EEA exemption:

1. What is the maximum property value to qualify for the 80EEA exemption?

2. The stamp duty value of the property must not exceed Rs. 45 lakhs. How can we calculate the stamp duty value of the property ?

3. The property value is around Rs. 1.50 crore. Does this affect eligibility ?

4. Is there any limit on the loan amount under Section 80EEA ?


Please clarify the above questions.

Thanks in advance!




FinTax (CA ABHISHEK SINGH)

Hello every one,

one of our foreign vendors want to file form 10F but they could not register in income tax without PAN. OTP is getting delivered to email but not on mobile no and both OTP is required for registration.

what is the solution ?
is there any helpline number or email id where we can get prompt response.


Mahabir Prasad Agarwal

We have formed a Society to maintain day to day affairs of the flats in the name of "XYZ Housing Society" We have to open a bank a/c in the name of the society, but bank asks for PAN card. What documents will be required for applying the PAN Card ? Whether without registration of the said society, is it possible to apply PAN card of the society ?


hemant Kawalkar

Hi All,

Last year I filed capital loss after due date. In this year by mistake I have updated that capital loss. I received Notice u/s 143(1)(a). I have accepted given adjustments by Income tax. But its been 2 month file is yet not processed.

In e-proceeding section there is no action pending from end? Is there any thing I can do to process my ITR?


Suresh S. Tejwani
15 October 2024 at 12:42

REGARDING QUERY FORM 29B

IF WE FILE 29B AFTER 30 SEPTEMBER, WHAT ARE CONSEQUANCES OF THAT?


Ranjana
15 October 2024 at 11:53

Updated return u/s 139(8a) not processed

Hi Team,

I have filed updated return u/s 139(8a) for AY 22-23 in June 2023. Its been in under processing since Feb 2024 but not yet processed. Raised multiple complaints in income tax portal but was of no use. Does anyone also faced similar issue and how long it takes to process updated return?