04 September 2020
Sir, received a non filler of ITR for ay 2013-14 while TDS was deducted by company as well as on FD also. It shows compliance US 194a; 192b; 194 Actually ITR was missed for said ay and provide all documents to a consultant whom has filled ITR( Rs 9,71,890) in October 2015 (manually above 5 lac). Moreover NO stamp & date printed on original copy of ITR. He has deposited self assessment challan also even it was not required to pay. Now, what to do, please advise. regrads
04 September 2020
sir, but ITR manually deposited on counter without STAMP & DATE on it. Or we can say not deposited. Now, how should we reply? Just uploading manually ITR copy or accept as non filler?
04 September 2020
thanks! Sir My query is One of my client since last 6 years filled ITR under section 44AE and 44AD being 5 trucks and Small karyana shop. But , problem occurs in this year as below :- 28 tonnes * 2 trucks *12 = 6,72,000 28 tonnes * 1 trucks *3 = 84000 16 tonnes * 2 trucks *12 = 3,84,000 44AD Rs. 8,30,400/72000 Rent received after all deduction Rs 1,20,000 Agriculture Income Rs. 30,000 Saving Interest Rs. 8,973 Income exemption US 10(10d) Rs. 8,30,975 Deduction US 80C Rs. 1.50 lac Net Tax Liability Rs. 1.82 lac Now, client is not ready to pay such huge tax which increased due to 44AE amendment. If go for audit we have only bank statement which shows freight Rs. 74 lac approxmiately. No other document like invoice copy for tyres, vechile passing & insurance paid receipts, no karyana shop purchase and sale invoice etc. Please suggest and conclude what to do.
04 September 2020
74 lacs freight receipt advice him to pay such a low tax. If not paid huge tax demand will be raised in view of higher freight receipt.
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