Tag Archives: Income Tax Return

Section 44AE : Income Tax Return of Transporter

By | July 29, 2019

Section 44AE : Income Tax Return of Transporter : ट्रांसपोर्टर इनकम टैक्स रिटर्न कैसे भरें Section 44AE provides for presumptive scheme of taxation (the scheme) in case of an assessee engaged in business of plying, hiring and leasing goods carriages. The scheme is optional.   The scheme applies to an assessee who owns not more… Read More »

Income Tax Return ITR 4 Sugam AY 2019 20 online Filing process

By | May 3, 2019

Income Tax Return ITR 4 Sugam AY2019 20 online Filing : Presumptive business income कैसे भरें Related post Rule 12 of Income Tax Rules from 1st April 2019 for ITR of AY 2019-20 Who has to file Income Tax return online for AY 2019-20 (FY 2018-19) ITR 4 Sugam AY 2019-20 Key Changes ITR 3… Read More »

Depreciation claimed in revised return cannot be denied because of non-claim in original return : ITAT

By | April 17, 2019

The assessee has duly filed the return u/s. 139(1) within the due date. Thereafter, the assessee claimed the depreciation on goodwill in the revised return u/s. 139(5) which was filed on time. This claim of deprecation in the revised return cannot be denied solely on the ground that it was not claimed in the original… Read More »

No Carry forward of loss if ITR of earlier years not filed by assessee : HC

By | April 15, 2019

Petitioner No.1 was seeking to carry forward accumulated loses under Section 74 of the Act when admittedly it had not filed any return of income, claiming loses for the earlier Assessment Year under the Act and it was not an Assessee under the Act. Thus, no fault can be found with the impugned order of… Read More »