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Some of the queries asked by people are given below.
refund
Excerpt of query:

Many people having  below taxable income in ay 22-23 and 21-22 have not filed returns of ITAX. what is their remedy now  for getting refunds?

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Wrong Return Form filed and TDS not claimed in the Return
Excerpt of query:

Sir, The return was Originally Processed U/s 143(1). Time limit for revision has elapsed.  Assessee has filed his return in wrong Form i.e. in ITR 4 instead of ITR-3 and by mistake has not disclosed his information regarding his Directorships and Shareholdings in his private limited companies, moreover some TDS credit claims were not made in the return, though the Income was properly disclosed. Rectification could not be filed. My Question is:-  What remedy do the assessee has for claiming his TDS credits, which was not been claimed at all in his Original Return ?  Whether the assessee can file appeal for his own mistakes before the CIT(A) or what remedy do the assessee has ?

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Barred by limitation or not?
Excerpt of query:

The notice us 148 of I.T Act , aswellas , notice u/s 148A(b) of Income tax Act has been issued on 08.04.22 for the first time as the assessee has deposited more than 50 Lakhs in financial year 2014-15 .My Querry is that whether the notice issued is barred by limitation or well with in the time?

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Rights Issue of Shares – Tax implication
Excerpt of query:

Dear Experts, Company A (unlisted company), issues Rights to its existing shareholders in the ration of 5:1. One of the shareholder renounces the Rights in the favour of one of the employees of Company A (at Zero price). The face value of the shares is Rs. 10. The employee buys the shares at Rs. 10 from Company A on the due date. Would there be tax implication in the hands of the shareholder who renounced the shares and also in the hands of the employee who bought the shares. The fair market value of the shares is assumed to be Rs. 100.

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legal heir
Excerpt of query:

SIR In my case I applied for approval of a legal heir after six months they have not approved. now notice has been issued on son with non-pan who has only informed that my father has expired on dated ……..  . IS this proceeding correct when we have already applied as legal heirs in the mother’s hand? no proceeding is done on the mother

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Appeal against Orders U/s 154 for returns Originally processed U/s 143(1) of the Income Tax Act, 1961
Excerpt of query:

Sir, The return was Originally Processed U/s 143(1). Time limit for revision has elapsed. There were some dis-allowances in the Intimation Order, against which the assessee filed online rectification U/s 154. The Rectification Order u/s 154 was passed after more than 60 days of the date of the Intimation Order U/s 143(1). In the rectification order also no relief was granted. Aggrieved the assessee wants to file appeal before the CIT(A).  My Question is:- Against which Order will the appeal arise whether against Order U/s 143(1) or Order U/s 154 ? If U/s 143(1) then the time limit of filing of appeal of 30 days has already expired, then what to do ?

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section 131(1A) for AY 21-22
Excerpt of query:

I have received IT department’s summons under section 131(1A) for AY21-22. I have received ESPP and RSU stock in years before AY 21-23 and during AY21-22 I have received dividend and it was taxed in USA. I have missed disclosing this information while file the return for AY21-22. I hold around 1160 ESPP/RSU stock in US company. what should be my course of action ?  

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UNREALISED INCOME
Excerpt of query:

Trust regd u/s 12A has not recd huge fees/rent till 31st March. Will this be counted as income for purpose of spending 85% ? any form ? how long unrealised income be excluded from spending 85% ? any form ? can trust opt for cash system of accounting instead

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148A(d) order passed, Next procedures to be known.
Excerpt of query:

For our assessee notice u/s 148A issued, they came to us after time period for reply is over, officer passed order u/s 148A(d), and assessee not filed original return. what is the next procedure, please let us know. With Regards,

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Transfer pricing Study report
Excerpt of query:

who can sign it ? Is it necessary before TP audit is over ?

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