Signup


Signup


Signup

Question & Answer


C

Chandra Shekhar

7 Jan 2021

I have a TDS claim to submit for the AY 2015-16.
Since online I don't see any option, can you please guide me how I can fill it offline?

Replies (1)                          

CA Ankit Mehta       7 Jan 2021

You have to claim it in the ITR,
For further queries call me on 9033732018

T&C apply


M

Manish

6 Jan 2021

What is standard deduction under sec 16 (IA)

Replies (1)                          

CA Ankit Mehta       7 Jan 2021

Deduction from salary

T&C apply


J

Jayant

5 Jan 2021

Hi ,

I was NRI for 7 years and recently shifted back to India. During this 7 years I have NRI account to deposit salary received overseas and some how I have not closed my Indian saving account and neither converted to NRO. I have used that account for small transaction. As now I am back to India , I have closed NRI account and transfer all my saving to Indian Saving account. So how i will fill the ITR with this situation ? ( As my Indian income is less than tax slab , ITR will be filled as NIL)

Replies (3)                          

CA Navin Jain       5 Jan 2021

Please connect on +91 9830375894/ canavinjain1@gmail.com

CA Puja Sharma       5 Jan 2021

If your total income is less than the basic exemption limit of Rs. 2, 50,000 and you do not have any other source of income outside India then you are not required to file your IT Return in India.

CA Ankit Mehta       7 Jan 2021

Bank Account transaction dont determine the filing of returns, as ur income is below tax slab as per your, u dont need to file return unless you have some TDS refund to be claimed..
For further assistance please call on 9033732018

T&C apply


S

Siddhidata Communication

4 Jan 2021

Can we take input tax credit on a generator purchased for office use ?

Replies (2)                          

CA Deepak Kucheria       5 Jan 2021

Yes

CA Puja Sharma       5 Jan 2021

Yes you can take

T&C apply


R

Rupa

4 Jan 2021



Hi,

I have an income of 1L in 44ADA, I wanted to know do I need to fill Gross Profit in Profit & Loss of ITR also under 44ADA?

I am showing gross receipts of 1L in Row 64(ii)(a) and making an entry in Row 62 and if I also show gross profit then final TTI includes my 100% incomes while it should only do 50% for computing tax…
Please help me figure out how can I fill row 64 entry under 44ADA.

No Reply