Govt revised timeline to Deposit TDS on Property Section 194IA requires buyer of the Property to deduct 1% TDS while making payment to seller if consideration of the Property exceeds 50 Lakh Rupees. Such TDS was required to be paid within 7 days from the end of the month in which payment been made but… Read More »
Error Code 1:”Tax computed but GTI(Gross Total Income) is nil or 0?”Description:No tax can be computed without providing the details of income. The Assessee should maintain consistency in providing details of income and tax computation in the return of income in the new xml which will be filed in response to this communication. Error Code… Read More »
1. Whom should I approach to rectify the demand amount? The return has been processed at CPC: File online Rectification to CPC by logging into https://incometaxindiaefiling.gov.inwith your user ID and password. Select “Rectification request” under My Account tab and enter the necessary details. The return has been processed by Assessing Officer: Kindly file… Read More »
Notice u/s 245 of Income tax Act 1. Why am I receiving Notice u/s 245? Your return has been processed at CPC and the same has resulted in refund. The refund so determined is liable to be adjusted against the outstanding demand. Notice u/s 245 informs you of such demands against which your refund… Read More »
Registration on Income Tax India efiling portal Aslo Read How to Register on Income Tax Efiling Website Individual Q: I’m not able to register, as I get an error message “Invalid PAN details”. What should I do? A: It is possible that you’re typing in the Name details differently from what you have mentioned while applying… Read More »
I don’t understand the process of e-Filing. What should I do?Answer: To understand the procedure to e-File Income Tax Returns, GO TO ‘e-File’ on the home page of the ITD e-filing web site ( www.incometaxindiaefiling.gov.in) OR GO TO ‘Help’ → ‘How to e-File’ on the homepage. What is the Return Preparation Software?Answer:The ITD e-filing website… Read More »
Trouble Shooting on e-Filing DSC Registration Problem Description: I am not able to register my Digital Signature Certificate. Or while trying to e-File Income Tax Return using Digital Signature Certificate, the ‘Select your .pfx file’ or ‘Select with your USB Token’ buttons are not displayed or are not clickable. Corrective Action: This occurs due to… Read More »