sir, The it tax payer purchases of new land purposes confirm sufficient money in filed itr returns. Question: Assessee how the check procedure in it returns.
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Greetings of the day to Authorities, In reference to Vivad se Vishwas Scheme 2024, I applied for this scheme with Form 1, Against Which Form 2 has been generated and we paid amount in Form 3 as well. After that payment and submission at portal of income tax since last two months, I am waiting and continue status reflecting is "Awaiting form 4 Signed copy from CIT" How long it would move further, if any body has idea about this form 4 Time of approval , please let me know at my following email id...dinesh.kumar53@yahoo.com
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Sir, A individual taxpayer doctor sec 44ada provision itr returns filed purchase of silver and gold jewellery transaction rs:5 lacs two times f.y.24-25 Question: Assessess purchase of silver and gold jewellery transaction how many times for one financial year and how much value investing in one financial year it act.
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Sir, It assessee's wedding expenses rs:15 lacs for the purpose of daughter's marriage purpose f.y.24-25 paid. Question: 1.Assessess wedding expenses amount any limit provision applicable and wedding expenses business expenses claim allowed in it purpose 2.wedding expenses debit to capital account or profit and loss account
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Assessee fails to deduct TDS on payment made to purchases u/s 194 Q exceeding 50 lakhs. He obtained Form 26A (from their CA ) from few parties. Assessing officer propose to make addition us/s 40 a (ia) of the Act for the remaining amount. Assessee submitted all the purchase bills supported by the bank statement for the payment. And also GSTR 2A & 2B and Annual return table 8 as evidence for the purchase payment along with e-way bill Kindly give your opinion and any case laws in favour of my assessee.
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sir, A Individual small business tax payer house hold expenses rs:5 lacs amount all transactions through bank channel paid f.y. 24-25 Question: Assessee house hold expenses detailes and any limit provision applicable for one finicial year in it act and house hold expenses detailes asked it department as per sec 142 (1) in it act.
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We filed revision Petition against the order issued by faceless team , after the due date to file the RP , with request to condone the delay , subsequently was unable to appear on the hearing date and RP was dismissed since we were unable to submit reasonable causes for the delay , now can we file an appeal with ITAT
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Does it apply to Tenancy rights acquired free after ay 17/18 ?
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Dear Sir/Madam, I am planning to purchase a second hand flat in Hyderabad City in the month of March 2025 or April 2025 through 100% payment by DD (approx. INR 75 lacs). However, I also plan to sell my existing shares & mutual funds after December 2025 (i.e., expect market to regain the momentum by December 2025). I expect to get capital gains amount approx. INR 30 to 32 lacs after selling of these shares & mutual funds. Can I get 100% exemption of LTCG amount of INR 30 to 32 Lacs even if i pay the entire amount in…
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The assessee wishes to file a CIT appeal on his own. And he is financially weak and unable to pay 20% of the disputed tax amount. In this case, is the appeal allowed? your valuable advice will be appreciated. Thank you
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