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yogesh

Category : Rectific..,
Solved
March 4, 2019 6:35 pm
  • Rectification - Taxpayer wanting to correct data
Wrongly entered the BSR code for advance tax in challan payment. How should I go on about changing it? As I filled the correct challan number tax credit is available in 26AS so I should not be worried that much but just for sake of filling the correct information, I want to correct it. Please help.
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Amlan Dutta
Challan 280 has no field for filling up bank BSR code so am not sure what you are talking about ...once you pay through challan, it is only in the challan receipt that gets generated that you get the BSR code etc details ...while claiming credit of advance tax in tax return, be sure that you fill...
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Challan 280 has no field for filling up bank BSR code so am not sure what you are talking about ...once you pay through challan, it is only in the challan receipt that gets generated that you get the BSR code etc details ...while claiming credit of advance tax in tax return, be sure that you fill in correct details of BSR code else credit of paid taxes shall not be allowed
  • March 5, 2019
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Lokesh Jangid

Category : How to r..,
Solved
March 4, 2019 1:17 pm
  • How to respond to Defective Notice
Dear Amlan,
I have received Notice u/s 139(9):-
As per section 44AD(6) of income tax

I filed My ITR 4 as a commission income business....but now I want to change my business category...I am dealing in diamond sale and purchase...so can I file ITR 3 with diamond business in order to answer this no...
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Amlan Dutta
In that case i shall advise that you revise the return instead of curing it ....the defect notice has been issued for using presumptive section for income arising from ineligible source i.e commission income ....You can surely show income from diamond business using presumptive section provided tur...
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  • March 4, 2019
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Sharad Kad

Category : TDS Retu..,
Solved
March 4, 2019 1:07 pm
  • TDS Return filing
Dear Amlan sir,

I have fill my income tax return assessment year 2018-19, but I have a mistake in TDS Sheet. I was fill TDS Deducter Tan wrongly now I get a demand notice, How I face it I am confuse please help....
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Amlan Dutta
Submit rectification for tax credit mismatch, fill in correct details of deducted TDS and disagree with the demand.
  • March 5, 2019
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Maqsood M

Category : HOW TO F..,
Solved
March 3, 2019 5:57 pm
  • HOW TO FILE RETURNS
Dear Amlan,
I am NRI. I have few TDS which is reflecting in 26AS form.I am Mutual Fund Distributor so i am getting some income as brokerage. Also i am having STCG (+/-) through Equity and F&O. Which form i should use to claim the TDS and to pay the Tax on STCG of Eq & F&O.
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Amlan Dutta
Your income is from capital gains and normal business ( F& O)...So, you will use ITR 3 to reflect your scope of taxable income and pay taxes accordingly.....
  • March 4, 2019
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Maqsood M
Then what should i do to get TDS back which deducted at source while redemption of Mutual funds units (Invested in Mutual Funds Units as NRI from NRE account). It is already reflecting in 26AS
  • March 4, 2019
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