Tax questions on Income Tax

Immovable Property Sale proceeds gift to my Wife by my brother - IT tax impact

We are 3 brothers, all married and 45 year +. Our mother expired in 2001 and post that our ancestoral property was transferred to my yonger brother fully. My father is alive and lives with my 2 brothers. As property is very old, recently it was sold and entire proceeds were received in my younger brother account. Consent of other 2 brothers including Self and Father was taken as part of entire ...

W8-ben or w8233

I'm an Indian freelancer, providing translation services, working remotely with Centific Global, a US-based company, from India. I have never been present in the US, nor the US taxpayer, or any connection with the US, except working with a US-based company as a freelancer remotely. I have to submit a TAX form. Based on my circumstances, I am either required to fill up W8-BEN or W8233. If I ...

Tds u/s194c

One Hosing Society has been registered under West Bengal Apartment Owners Act,1972.The Association has applied for TAN and the same has been allotted to the Association.The Association's annual receipt is approximately Rs1900000.00.The Major payments incude Rs350000.00 and Rs346000.00 for Elevator AMC and SecurityAMC respectively. The fourth letter of the PAN is A,i.e., the society is considere...

Received notification for RULE_37BA_194M_001

Received this notice from Income tax Error Description You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which ...

Regarding verification of form 10E

Sir, I had e-filed my ITR-1 for Assessment Year 2020-21 u/s 139(1) on 05.09.2020 which was submitted successfully and e- verified.The Income tax department asked me to file form 10E to get relief u/s 89 which I had submitted on 08/09/2020. I got the less Refund Order 13/12/20. The department sent me SMS on 19/12/20 and 'regretted that inconveniently your claim u/s 89 was not processed and revis...

Rule 37ba 194m 001

Error Description You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate for...

Do i need to pay tax

Respected Sir/Madam, I hope this message finds you well. I seek your guidance on filing my Income Tax Return for the financial year 2023-2024. Here are the details of my situation: Nature of Income: I am engaged in creating and selling online courses on Udemy, a US-based e-learning platform. My total income from Udemy for the FY 2023-2024 is approximately ₹3 Lakh, with no other sources ...

Total gross paid/credited question in schedule FA

Hi, I have question regarding entries in schedule FA. I have shares of US company as a ESPP/RSU. Few of them are before 2023 and some are from Feb 2024. I have also received dividends in between Jan 2023 and Dec 2023. These dividends are re-invested. So questions are: 1. Should I declare shares from Feb 2024? Confusion is because some places it's mentioned to declare shares held during Indi...

Defect in itr 1 filing

Error Description You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate for...

Notice from income Tax - Error Code : RULE_37BA_194M_001

Can you help me to provide response to notice & correction in ITR Error Description You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections impl...

Notice from IT Department

Error Code : RULE_37BA_194M_001 Error Description You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. I...

Notice

Got below Response from CPC Bengaluru, Which ITR form I need to use for the notice Error Description You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These ...

Received defect in itr - error code : rule 37ba 194m 001

Error Description You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate for...

Defective error rule 37ba 194m 001

got error RULE_37BA_194M_001. You have filed your income-tax return in form IT-1. As per TDS details in your You are being provided with an opportunity to make necessary corrections and Form 26AS, taxes have been deducted under sections file a return of income in the appropriate form so that income and taxes may be 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax determined c...

How to fill Dividend Details of RSU in the Table A3 ( Column 11 ) in Schedule FA of ITR 2

Hello I have received/vested RSU of foreign company since 2021 as below Jul 2021 - 27 Jul 2022 - 27 Aug 2023 - 28 a. I have received $5 dividend in Jan 2021 to Dec 2021 as per 1042S Form b. I have received $18 dividend in Jan 2022 to Dec 2022 as per 1042S Form c. I have received $42 dividend in Jan 2023 to Dec 2023 as per 1042S Form I am filing ITR for FY 2023-24 ( AY [deleted...

Error code : rule 37ba 194m 001

Error Description You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate for...

Itr error code : rule 37ba 194m 001

Error Description You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate for...

Error code : RULE_37BA_194M_001 defective itr mail recieved

Error Description You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate for...

Received Notice for filing ITR-1

Received Notice for filing ITR-1 Got below Response from CPC Bengaluru, Which ITR form I need to use for the notice Error Description You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C...

Response to Defective Notice

Error Code : RULE_37BA_194M_001 Error Description You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no....