abdul hakim

Chosen new tax regime by filling the form 10IEA in ay 21-22 and filed, then ay 22-23 filed by choosing old regime ( by mistake and no withdrawal form filed).
Now, can I change the tax regime from old to new ( ie. By selecting 'yes' for the new regime in the ITR 4 under general information ) through rectification sec 154, by return data correction in response to notice sec 143?


K.G.Shah


I have received SMS/EMAIL that
High Value transaction which does not appear to be in line with IT return .
During year as per AIS interest from post office is 5 lakh where as per IT return it is 2 lakh.
Reason of variation is I have accounted interest on acrrual basis.
Now I have to give feedback in AIS.
Which option to be selected .

Option A ,B ,C,D ?
Please advise


suresh
03 January 2024 at 21:21

EPF PAYMENT ISSUE

I HAD PAID EPF ONLINE FOR MY FIRM TODAY.
MY BANK ACCOUNT GOT DEBITED BUT THE STATUS OF PF CHALLAN IS STILL SHOWING Awaiting Payment Confirmation. IF WE VERIFY IT SHOWS

UNABLE TO GET TRANSACTION STATUS FROM BANK.

CAN ANY ONE PLEASE CLARIFY HOW TO SOLVE THE ISSUE




Manish Chakraborty

Which section under tds should be deducted on calibration of instruments in a power plant? 194C or 194J?


susanta kumar panda
03 January 2024 at 20:41

ITR U ERROR

itr 3 updated return (ITR U) for AY-2023-24 error : "in part BTI sl no 19-deemed income u/s 115jc not equal to sl no 3of schedule AMT". But both the figures are equal.


HEM MAKANI

what are the effective ways to withdraw money from private limited company ?? other than salary and dividend


Hemkumarpro badge

Can a private limited company give unsecured loans to its directors and other related directors


chirag
03 January 2024 at 19:56

Non Valuated Material Stock Transfer

I want to Stock transfer of Non Valuated Material from haryana to UP.
kindly suggest that we can stock transfer via Deleivery challan or tax invoice . All material is non valuated material .


MONIKA SALHOTRA
03 January 2024 at 19:23

High value transactions -ecampaign

Mail received from the Income tax department regarding high value transaction related to 'Sale of land or building' under sections TDS-194IA(RV) and SFT-012. Under SFT information the amount reflected relate to 2 parties having distinct PAN numbers, regarding sale of inherited house property. Both assesses have filed the returns, including capital gains. Only one of the individuals has received the e-campaign notice via email. There are various options to respond, namely:
Option A: Information is correct
Option B: Information is not fully correct
Option C: Information relates to other PAN/year
Option D: Information is duplicate/included in other information
Option E: Information is denied

Which option should be selected while submitting the response. If Option C is selected, then there is an option to specify all PAN related to the transaction (including self, father, mother, sister, all other relationships are specified under drop-down menu).
Additional information: The amount is double as 2 parties, Should Option C be selected and all the persons' PAN be added?


nilesh

Respected Sir
Should we can file the income tax rerun after due date of 31st Dec 202
3, please suggest..






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