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Question & Answer


H

Harmik Singh

11 Feb 2023

I have some pending salary in previous financial years, but I paid the income tax on due basis for all those in the same financial years. Now my employer is giving me those pending amounts back as chunks. But I have no idea, how to show in ITR that the extra amount I am getting is arrear whose tax I have already paid on due basis in the respective financial years. I am aware of u/s89 & form 10E but my office CA says its not applicable. So, Please advise, thanks.

Replies (3)                          

CA Naman Maloo       13 Feb 2023

What will your employer show when he is returning you such money?
Viewpoint of your CA is correct to some extent.
I would recommend you to have a consultation on call to discuss the same in detail: https://www.taxontips.com/tax-notice-personal-consultation/

CA Pushkar Agrawal       14 Feb 2023

Hello Harmik,
Your point of view is correct, you can claim disclose the details of arrears salary in form 10E and file it.
For any more assistance contact me on 8475918165, capushkaragrawal@gmail.com

Harmik SIngh    18 Feb 2023

Thanks for your replies.

T&C apply


V

Vijay Ari Raj

9 Feb 2023

Hi, I need some clarification about p2p trading in crypto market.
I send money abroad and convert to bitcoin via p2p trading and sell that bitcoin via p2p and get it in INR.
I want to know about whether this is legal and if yes, what are the taxation for this.

No Reply  


I

Ishaan

8 Feb 2023

How do I get refund of TDS deducted during EPF withdrawal?

Replies (3)                          

CA Pushkar Agrawal       8 Feb 2023

You will get your TDS refund which was deducted, when your ITR was filled and possessed by the department. To get your ITR filled and more professional help call at 8475918165

CA Rahul Dwivedi       9 Feb 2023

Dear Ishaan,
TDS refund always received after filing of ITR.
For further assistance you can approach us on ca.rahuldwivedi@gmail.com or 9004485377

CA Roomi Gupta       10 Feb 2023

Dear Ishaan, refund of TDS can be claimed by filing ITR . For the FY 2022-23, due date of filing ITR is 31st July. For more professional help reach us @ www.tarunguptaca.com or call at 9216216819.

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S

Sachin

8 Feb 2023

I want to close the open legal bills of previous years by applying vendor credit. How do I account the same in books?

Replies (1)                          

CA Pushkar Agrawal       10 Feb 2023

Vender credit to open legal bill and more professional help call at 8475918165

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I

Ishaan

8 Feb 2023

How can I obtain my TDS certificate for TDS deducted during the withdrawal of EPF?

Replies (1)                          

CA Roomi Gupta       8 Feb 2023

No need to obtain TDS certificate but must confirm that TDS has been credited in your 26AS . For more professional help reach us @ www.tarunguptaca.com or call at 9216216819.

T&C apply