I had filed my ITR on 26th June for FY 23-24 , at that time utility had taken rebate u/s 87a on tax on STCG.
However today I have received demand from ITD on the same.
What can I do now for the same, can not even file return under old regime now as due date has lapsed.
Any remedy available?
FY 2023-24 AY-2024-25
ONE-SHOT LIMIT
OR
YEARLY LIMIT
ON WHICH
TDS ON EXPENSES OR ON PROFESSIONAL CHARGES
TO DEDUCT TDS & % OF TDS
I filled ITR of my friend which is filled by legal heir ( as his father expired ) bank account of legal heir were added for getting refund but unfortunately department is sending refund amount to assesse account and this bank account is closed as person expired , hence refund got failed reason is showing as " Refund failed as assesse expired"
what is the process we have to follow to get that refund in to legal heir's bank account, please guide me for the same.
A Notice was issued u/s 148 after death of the Assessee, who did not file his return of income in the past. The Assessment has completed u/s 144 of the IT Act. To file an appeal whether legal representative can give his address and pan otherwise it is possible to obtain OTP in the absence of Assessee
Currently my company is having operations outside SEZ. We are planning to have a unit in SEZ along with the existing registered office. So can we claim the benefit of 10AA for 10 years for unit in SEZ?
agar mene aug month mai salry di ho rs 216000 to our total 12 of staff and than recently h mene esic registration liya hai toh uskai liyai return nill ka bharna padega yaabhi employee rester nhi kiyai hai woh next month tk kar dengai but phlil kya karna chiyai
As per books remuneration paid to partner is 669276,but allowable under 40(b) is 321592 rest of the amount is disallowed under the hand of firm.
While filing the income tax return of partner how we can show 669276 in return as taxable income is Rs 321592.How we can show the exempted portion of remuneration
Dear Sir,
With respect to above mentioned subject line, I would like to let you know that one of my Client is holding PAN Number but now he found it lost and does not recollect, kindly advice.
Warm Regards,
Aditya Ghatge
Dear Sir,
One of my Client which is Local Authority possessing Registration Certificate which does not consist of GST Number, now my query is that with the help of Registration Number can we search for PAN Number of concerned Local Authority, kindly advice.
Warm Regards,
Aditya Ghatge
can INDIA word be there in new partnership firm?
my view--> yes, only words like EMPEROR, KING ETC. are not allowed and also not same name in same busienss , which is ok.
Income tax demand for 87a rebate not allowed on STCG