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Some of the queries asked by people are given below.

Detailed procedure for filing a tax return in the case of a deceased individual
Excerpt of query:	Mr. A (died on 1 June 2021). His tax return is pending to be filed for FY 20-21. For FY 20-21, as Mr. A was alive throughout the year, all his income would be taxable in his hands. Accordingly, will have to get a legal heir registered on the income tax portal and proceed to file his return for FY 20-21. For FY 21-22, he has income earned for 2 months until 31 May 2021. Thereafter, income received would be reported in the hands of legal heir. Thus, 2 returns would be required to be filed, (a) one for 2 months under the deceased PAN and (b) other for 10 months under the legal heir’s name. There is some more income expected to be received in FY 22-23. As income is received after 1 June 2021, the tax return for FY 22-23 would be filed under legal heir’s name. (a) Can a tax return under deceased PAN be filed only once i.e. for only one tax year? (b) If the answer to above is Yes, is it possible to club income of April and May 21 with FY 20-21 income i.e. income for FY 20-21 would consist of 14 months and proceed to file the return. (c) Can a tax return under legal heir’s PAN be filed more than one year i.e. for FY 21-22 and FY 22-23? read more

Detailed procedure for filing a tax return in the case of a deceased individual

Excerpt of query:

Mr. A (died on 1 June 2021). His tax return is pending to be filed for FY 20-21. For FY 20-21, as Mr. A was alive throughout the year, all his income would be taxable in his hands. Accordingly, will have to get a legal heir registered on the income tax portal and proceed to file his return for FY 20-21. For FY 21-22, he has income earned for 2 months until 31 May 2021. Thereafter, income received would be reported in the hands of legal heir. Thus, 2 returns would be required to be filed, (a) one for 2 months under the deceased PAN and (b) other for 10 months under the legal heir’s name. There is some more income expected to be received in FY 22-23. As income is received after 1 June 2021, the tax return for FY 22-23 would be filed under legal heir’s name. (a) Can a tax return under deceased PAN be filed only once i.e. for only one tax year? (b) If the answer to above is Yes, is it possible to club income of April and May 21 with FY 20-21 income i.e. income for FY 20-21 would consist of 14 months and proceed to file the return. (c) Can a tax return under legal heir’s PAN be filed more than one year i.e. for FY 21-22 and FY 22-23?

Form 4 filing of VVS Act 2020
Excerpt of query:	Respected members, we have received FORM 3 by designated authority in Dec 2020. Out of 5 AY’s , their is refund n 4 AY’s. We have not filed FORM 4 till date. Please guide us whether we can file FORM 4 now and also how to apply for refund claim. read more

Form 4 filing of VVS Act 2020

Excerpt of query:

Respected members, we have received FORM 3 by designated authority in Dec 2020. Out of 5 AY’s , their is refund n 4 AY’s. We have not filed FORM 4 till date. Please guide us whether we can file FORM 4 now and also how to apply for refund claim.

Whether long term capital gains invested in a house outside India is eligible to claim exemption (S. 54, 54F) ?
Excerpt of query:	IF AN ASSESSEE INDIVIDUAL SELLS HIS RESIDENTIAL SITE IN INDIA AND GIFTS THE SALE PROCEEDS TO HIS DAUGHTER (NRI) FOR THE PURCHASE OF A RESIDENTIAL HOUSE OUTSIDE INDIA, CAN THIS BE ELIGIBLE TO CLAIM EXEMPTION? read more

Whether long term capital gains invested in a house outside India is eligible to claim exemption (S. 54, 54F) ?

Excerpt of query:

IF AN ASSESSEE INDIVIDUAL SELLS HIS RESIDENTIAL SITE IN INDIA AND GIFTS THE SALE PROCEEDS TO HIS DAUGHTER (NRI) FOR THE PURCHASE OF A RESIDENTIAL HOUSE OUTSIDE INDIA, CAN THIS BE ELIGIBLE TO CLAIM EXEMPTION?

WITHHOLDING (TDS) RATE ON PROFESSIONAL/FEES FOR TECHINCAL SERVICE PAYMENT TO NRI
Excerpt of query:	WHAT WILL BE THE WITHHOLDING / TDS RATE ON FEES FOR TECHNICAL SERVICE PAID TO NRI (RESIDENT OF USA). PLEASE NOTE, TRC OF THE NRI IS NOT AVAILABLE. CAN BENEFIT OF DTAA BE CLAIMED. WHAT IS THE TAX RATE AS PER INDIAN INCOME TAX ACT AND DTAA OF USA ON FTS. AS PER MY UNDERSTANDING IF THE RECEIVER DOES NOT HAVE PAN – THEN TDS AT HIGHER RATE OF 20% IS TO BE DEDUCTED. WILL THIS PROVISON BE APPLICABLE HERE? read more

WITHHOLDING (TDS) RATE ON PROFESSIONAL/FEES FOR TECHINCAL SERVICE PAYMENT TO NRI

Excerpt of query:

WHAT WILL BE THE WITHHOLDING / TDS RATE ON FEES FOR TECHNICAL SERVICE PAID TO NRI (RESIDENT OF USA). PLEASE NOTE, TRC OF THE NRI IS NOT AVAILABLE. CAN BENEFIT OF DTAA BE CLAIMED. WHAT IS THE TAX RATE AS PER INDIAN INCOME TAX ACT AND DTAA OF USA ON FTS. AS PER MY UNDERSTANDING IF THE RECEIVER DOES NOT HAVE PAN – THEN TDS AT HIGHER RATE OF 20% IS TO BE DEDUCTED. WILL THIS PROVISON BE APPLICABLE HERE?

Time limit for Issuing scrutiny notice u.s 143 (2) , FY 2018-19
Excerpt of query:	Dear Shashi ji, Could you pl advise us the last date for issuance of notice under 143(2) for FY 2018-19 not for FY 2019-20 Kind regards Sameerjain read more

Time limit for Issuing scrutiny notice u.s 143 (2) , FY 2018-19

Excerpt of query:

Dear Shashi ji, Could you pl advise us the last date for issuance of notice under 143(2) for FY 2018-19 not for FY 2019-20 Kind regards Sameerjain

Issuing scrutiny notice _ AY 2019-20
Excerpt of query:	Dear sir, Which is the last date to issuing scrutiny notice for AY 2019-20 ? Kind regards, Sameer jain read more

Issuing scrutiny notice _ AY 2019-20

Excerpt of query:

Dear sir, Which is the last date to issuing scrutiny notice for AY 2019-20 ? Kind regards, Sameer jain

What should be done if the Karta of HUF is alive but becomes incapable of contracting?
Excerpt of query:	What should be done if the Karta of HUF is alive but becomes incapable of contracting? read more

What should be done if the Karta of HUF is alive but becomes incapable of contracting?

Excerpt of query:

What should be done if the Karta of HUF is alive but becomes incapable of contracting?

GST Regn.-Whether Additional New Activity started is required to be incorporated in GST Regn.
Excerpt of query:	A trader registered with GST has started a new manufacturing additional activity under new HSN Code. Whether this new activity is required to be incorporated in the existing GST Regn. read more

GST Regn.-Whether Additional New Activity started is required to be incorporated in GST Regn.

Excerpt of query:

A trader registered with GST has started a new manufacturing additional activity under new HSN Code. Whether this new activity is required to be incorporated in the existing GST Regn.

Whether amount transferred to Indian Bank account of non-resident, for the dividend payment, whether the company can file Form 15CB?
Excerpt of query:	Due to the introduction of TDS on dividend payments, the company has deducted TDS u/s 195 for the dividend payments to non-residents. Should the company also file Form 15CB for those cases? Also, please clarify what is the applicability of Form 15CB if the transfer is made to the Indian bank account of the non-resident? read more

Whether amount transferred to Indian Bank account of non-resident, for the dividend payment, whether the company can file Form 15CB?

Excerpt of query:

Due to the introduction of TDS on dividend payments, the company has deducted TDS u/s 195 for the dividend payments to non-residents. Should the company also file Form 15CB for those cases? Also, please clarify what is the applicability of Form 15CB if the transfer is made to the Indian bank account of the non-resident?

Whether gift my maternal grandmother to the grand son is considered as relative and exempt u/s 56 (2)(x) of the Act?
Excerpt of query:	Is gift by maternal grandmother to the grandson covered under the definition of relative for the purposes of section 56(2)(x)? read more

Whether gift my maternal grandmother to the grand son is considered as relative and exempt u/s 56 (2)(x) of the Act?

Excerpt of query:

Is gift by maternal grandmother to the grandson covered under the definition of relative for the purposes of section 56(2)(x)?

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