Legal Proceedings for tax evasion Legal Proceedings for tax evasion

I received a notice from IT department u/s 148 for income that escaped assessment. This notice is valid and I filed a revised ITR disclosing the complete sum. I am waiting to pay the tax and penalty w

3 Response(s)

Posted 2 weeks ago


A. Dear Client,
If you have accepted the notice and are paying the applicable tax then the Income TAx department will not have any reason to take you to the court. What they want is the tax plus penalty, if any, to be paid by you.

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HRA Exemption HRA Exemption

I want claim HRA deduction, and i am owning an house property at Ulhasnagar( i.e. out of mumbai) and i am living at navi mumbai wich is almost 30km away from my house. so can i claim that rent paid as

1 Response(s)

Posted 4 weeks ago


A. Dear Sir,
Please check with Service Advocate who knows local service laws and well aware of service circulars issued by your State Government and being intimated by your Department.

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Income tax -I want to know about income tax related Income tax -I want to know about income tax related

I want to know about income tax related problems

2 Response(s)

Posted 1 month ago


A. Dear Client,

You may contact a Chartered Accountant who could help you with tax related questions.

Hope this solves your query,

Thank you!

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Income tax -filing itr necessary for online sellers Income tax -filing itr necessary for online sellers

Is filing itr necessary for online sellers if total sale is below 2.5 lakh

3 Response(s)

Posted 1 month ago


A. Dear Sir,
As per my limited knowledge it may not require filing of ITR anyway approach any chartered accountant.

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Need advice urgently Need advice urgently

My mother is a housewife and a widow and has been judiciously saving money aside in FD's. We are people of less means. We gv 15G form every year. We have never filed income tax returns. My mom is not

3 Response(s)

Posted 1 month ago


A. Dear Client,

As per the facts which have been provided, you should contact the Income Tax Department and state your confusion.

Hope this clarifies your query and requirement.

Thank you.

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False return submitted by Business partner False return submitted by Business partner

We 3 persons were in a partnership business with equal rights. One partner was handling all the financial documentations. After 3 years of business I found that there were lot of financial irregularit

1 Response(s)

Posted 2 months ago


A. Dear Client,

As per the facts mentioned, you should firstly collect evidence against the partner, then sue for the breach of trust. Generally, a criminal suit will be filed under Sec 420 of IPC, if the partner commits cheating, or acted dishonestly and also under Sec 406 of IPC for criminal breach and also a civil suit for recovery of money and will be arrested and penalized under the respective section.

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P.Tax Registration Done by Mistake in the Name of Employee P.Tax Registration Done by Mistake in the Name of Employee

Sir, With ref. to the notice Case No. xxxxxxxxx, Dated: - xxxxxxxxx, I, xxxxxxxx, would like to draw your attention towards the fact that, I was an employee in xxxxxxxx Pvt. Ltd. from 2009 to 2020.

3 Response(s)

Posted 2 months ago


A. Dear Sir,

You may approach any professional auditor or advocate and hire their services to save you from the present situation. The concerned department will understand your problem and may rectify the mistakes otherwise approach High Court for necessary directions.

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HRA rent receipt HRA rent receipt

Hi, my tenant paid only 10000Rs rent in FY year but submitted self generated rent receipts for 3lakh to employer with my PAN. Income tax highlighted discrepancy. If I demand tenant to get it corrected

2 Response(s)

Posted 3 months ago


A. Dear Client,

As per the facts mentioned, you should consult your chartered accountant and seek his advice regarding the matter.

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Tax Query related to Senior Citizen Tax Query related to Senior Citizen

My wife who is individual tax payer wants to give 15 Lac from her saving account to my senior citizen mother and purchase pension scheme Pradhan Mantri Vaya Vandana Yojana . My question is related to

2 Response(s)

Posted 3 months ago


A. Dear Client,

As per the facts mentioned, the amount is not taxable but you should anyways declare it in your tax returns. I would suggest you to take further issue related to this to your CA.

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Income tax regime Income tax regime

My salary is 1683000 and my basic 49088 per month and 80c deduction 150000 and nps 1500 per month and HRA allocated is 132000 and using 99896. Can you please tell me which regime is good and what I ca

2 Response(s)

Posted 3 months ago


A. Dear Client,
You may take advice from a chartered accountant who would have a better knowledge regarding the matter.

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