Dear Sir,

A Lady approximately aged 65 expired about 10 days back, she has a daughter who is living in USA. Her husband is living in India with his wife. Now, as he is old, he wants to shift from here to USA and would like to live with her daughter. Smt. A who expired has some fixed deposits in the bank (some in her personal name and some jointly with her husband). She also some property jointly and separately with her husband. Now the daughter and husband wants to encashed FD and also wants to dispose of property and to transfer this money to USA. Whether any TDS / TCS on cancellation of FDR and transfer of this money from India to USA will be deducted or collected by the Bank and also tell us the other provision.

The Assessment order received, shows 4 disallowances(to be added back to income of the assessee).
Form 1&2 had been filed for only one of the disallowances. The CIT has also issued form 3 accepting such form. Now, for filing of form 4, how do we attach the proof of withdrawal? As, the appeal pending, had been filed for all the 4 disallowances, and, the withdrawal is required only for one disallowance.
Please suggest.

Is there a time limit for online submission of Form 4, after receipt of form 3,. Also what is the process of obtaining proof of withdrawal incase case is pending with CIT (A). ?

There was a delay in filing the Appeal. Now, after payment of the tax amount, they rejected the application stating that there is no condonation received and the case is not eligible for as per FAQ 59 of circular No.21/2020.
Please advise how to go ahead.

I have submitted forn 4 of VSVS with tax challan payment but the attcachment for withdrawal of appeal has been due to clerical error attached of another assessee. However the correct Letter for withdrawal of appeal and challan has been sent by speed post to IT Department.
please guide.

Hi Team,

I have duly submitted form 1 and 2 and then received form 3. Subsequently, I deposited the balance tax amount and filed form 4. However, even after submission, “Submit Form 4” link is shown and now it has been 2 months, I have not received Form 5 yet.

I have also submitted online grievance on the ITR portal, but no action has been taken yet. Could you please advise who I could reach out for help?

I had filed Form 1 under VSV Scheme after giving effect to Rectification order passed by A.O.
However DA.did not consider the same and issued the certificate in Form 3 without considering Rectification order passed by A.o whereby Dept.is showing I.T.liability higher by Rs.98658
What should I do?
Should I apply for Rectification before DA via mail?
Should I pay correct amt.of Tax?

Disputed case of penny stock additions where assessment was completed U/s 143(3) has been considered as a search case and tax is calculated accordingly i.e. 125% of normal tax by CIT City 19 as per FAQ 70 dt. 04/12/2020, is his interpretation of FAQ 70 is correct, if not what is remedy. To my mind search cases are cases where assessment has been done U/s 153.
Thanks

ITAT set aside the case for de novo assessment to AO and the assessment order has been not passed till date can we apply for VSV . date of order of ITAT is July, 2019

I have received form 3 from officer, now i have to payment.is it possible to pay dues in two challans instead of full value.. what is the procedure after that,.please let me know