DEEPAK ROHRA

Practicing Chartered Accountant

[DEEPAK ROHRA @cadeepakrohra]

@VirenKhandwala @abhishekrajaram @akhilca Then offer the income in the correct person’s ITR by claiming TDS of other person and mention PAN of the person in whose name TDS has been deducted and claim the TDS credit there.
Allowed under Section 199 r.w. Rule 37BA of the Income-tax Act, 1961. Practically, credit gets allow

[DEEPAK ROHRA @cadeepakrohra]

@VirenKhandwala @abhishekrajaram @akhilca If TDS is showing in someone else’s PAN but the income is taxable in other persons hands, file the ITR of the PAN where TDS is reflecting and surrender the TDS there by not claiming it and mentioning the PAN of the person in whose hands the income is taxable.

[Income Tax India @IncomeTaxIndia]

The Central Board of Direct Taxes (CBDT) has decided to extend the due date of furnishing of Return of Income under sub-Section (1) of Section 139 of the Act for the Assessment Year 2025-26, which is 31st October 2025 in the case of assessees referred in clause (a) of Explanation 2 to sub-Section (1) of Section 139 of the Act, to 10th December 2025.

The 'specified date' of furnishing of the report of audit under the provisions of the Income-tax Act, 1961, for the Previous Year 2024-25 (Assessment Year 2025-26) is further extended to 10th November 2025.

Press Release Issued.

[Prateek Garg @CAPrateekG]

This seems to be the only practical solution for taxpayers

#Extend_Due_Date_Immediately
#extend_ITR_Due_Date

[DEEPAK ROHRA @cadeepakrohra]

@ronakhuyaar @IncomeTaxIndia The demand generated will be Available on your traces login and not on the IT portal. You can also check your registered email for the demand letter.

[DEEPAK ROHRA @cadeepakrohra]

@pilotinvestor7 @premdeep1806 @nehanagarr The magic here is that a person earning 12,50,000 (after standard deduction of 75k) will pay tax of Rs. 52000 and take home will be 1198000/- and person earning 1200000 (after standard deduction 75k) will pay no tax and net take home will be full 12 lakh.

[DEEPAK ROHRA @cadeepakrohra]

@meetnutty @TaxationUpdates @cbic_india It means the late fee will be charged for delayed filing in GSTR-9C only till the date of filing of GSTR-9.

[DEEPAK ROHRA @cadeepakrohra]

@TaxationUpdates @ITBA_abad Indexation benefits are not allowed for non residents. Please make corrections

[DEEPAK ROHRA @cadeepakrohra]

@kundan1704 @IncomeTaxIndia @nsitharamanoffc @officeofPCM @FinMinIndia @PIB_India Check if two challans are generated then you have to revise your return and file refund for excess payment of tax.

[DEEPAK ROHRA @cadeepakrohra]

@Tamils_ @senthilkumar07 You can claim tds for AY 2022-23 till 31st March 2025 by filing a return u/s 139(8A) but you can not claim any refund out of such TDS.

[DEEPAK ROHRA @cadeepakrohra]

@KanhaMittal Yes you can

[Abhishek Raja "Ram" | Revolutionary Raja Ram @abhishekrajaram]

As you are aware, by 31-Dec-2023, Demand Orders (DRC-07) have been passed for FY: 2017-18. It's time to review the Orders and, if not satisfied, file an appeal.

Starting today, "How to Handle First Appeal in GST" will share my views along with my experience

Please bookmark this

[Ravisutanjani @Ravisutanjani]

🚨 ATM Cash Withdrawal using UPI

Today I Made a Cash Withdrawal using UPI at Global FinTech Fest in Mumbai

What an Innovative Feature for Bharat

[DEEPAK ROHRA @cadeepakrohra]

@chhabrachiku

[DEEPAK ROHRA @cadeepakrohra]

@Srjitesh @krishvarad14 @CaMohitArora9 @IncomeTaxIndia and thereafter, the person shall never be eligible to exercise option under this section, except where such person ceases to have any income from business or profession in which case, option under clause (ii) shall be available."

[DEEPAK ROHRA @cadeepakrohra]

@Srjitesh @krishvarad14 @CaMohitArora9 @IncomeTaxIndia Sir please refer to sec 115BAC: "Provided that the option under clause (i), once exercised for any previous year can be withdrawn only once for a previous year other than the year in which it was exercised

[Sambhav Daga @sambhavdaga]

Employees to Company: Increase our salary every year, give bonus, give flexible work timings etc etc.

Employees to their Consultants: Don’t increase your prices because I am a repeat customer and also, give free consultations since I am a regular customer.

Will you accept if your salary doesn’t increase YOY & your company says that we are your regular employer?

Rest of the people should work at same rates every year without taking inflation into account?

Truly, Empathy is a difficult thing to expect. :)

#ITRFiling

[DEEPAK ROHRA @cadeepakrohra]

@pankaj_belwal @IncomeTaxIndia If an individual's total income includes any LTCG under section 112A from sale of listed equity shares or units of an equity mutual funds, rebate under Section 87A is not allowed on the tax payable arising on such long term capital gain. This may be the reason for tax payable.

[DEEPAK ROHRA @cadeepakrohra]

@Prateek__420 @IncomeTaxIndia @nsitharaman @mh if the amount is less than Rs. 100, then the income tax refund amount will not be credited to your bank account. Such income tax refund amount will be added in the future income tax refunds.

[DEEPAK ROHRA @cadeepakrohra]

@BullsBearsPig @IncomeTaxIndia @nsitharamanoffc @officeofPCM @FinMinIndia @PIB_India Go to Deductions u/s VIA > Expand All>Delete Section 80U> Confirm and proceed with Verification. It will solve the error.