Have You Received Notice for Donation to A Political Party (Hindi) | CA Anoop Bhatia
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- Опубліковано 11 вер 2024
- नमस्कार दोस्तों, गत दिनों में आयकर विभाग की और से ऐसे करदाताओं को आयकर नोटिस दिए गए हैं जिन्होंने कुछ विशेष राजनीतिक दलों को अंशदान कर आयकर अधिनियम की धरा 80GGC में कटौती क्लेम की थी। इस नोटिस को कैसे हैंडल करना है, इसी विषय पर यह वीडियो आपकी सेवा में प्रस्तुत है। आशा करता हूँ, आप इस वीडियो को उपयोगी पाएंगे, आपके बहुमूल्य सुझाव एवं प्रश्न सादर आमंत्रित हैं ।
Dear Friends, in last few days, Income Tax Department has issued several notices to such assessees who have contributed to certain political parties to claim deduction under section 80GGC of the Income Tax Act 1961. Accordingly, this video will help you to know, how such notice may be handled. I hope you will find the content beneficial; your precious suggestions and questions are most welcome.
#80CCG
#RUPP
#contributiontorupp
#incometaxnotices
#incometaxraidonpoliticalparties
#howtohandleincometaxnotice
#noticeundersection148
#Section148
#section148A
#148
#148A
#noticeforcontrbituiontopoliticalparties
#80ggc
#section80ggcAndIncomeTaxNotices
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Sir I haven't donated to any political party but the video was so impressive that I watched it fully in one go.
Thanks for kind appreciation.
Sir very relevant video. Clients curse genuine advisors for not making them contribute to political parties for claiming deduction. Now it's an eye opener for everyone including professionals advising to do so.
I appreciate your views Hemant.
Sir aapke jitna saral koi explain nahi kar skta... thank you for the all videos sir...Love from Udaipur...❤
Thanks for kind appreicaiton.
Yes Sir ...everyone must aware before donate or invest in Political Parties .. Regards Sir 🙏
Thanks.
Sir bhut important information apne iss video ke madhyam se share kari..Hai... Wonderful video. It's helpful.
Welcome
बहुत अच्छी और सटीक जानकारी दी सर आपने
बहुत बहुत धन्यवाद
जय हिन्द सर जी
Jai Hind Sir.
Thank You so much Sir for making such an informative video ❤
Matter is different but can you advise in cases where appeals were filed online 4/5 years back. All relevant documents filed. But no order is passed. Every 6 month they are fixing appeal case and asking for documents. What a pity.
Hello Sir..
I am an ITD personnel.
Your videos help a lot.
Please explain the difference between "under reporting of income", "mis-reporting of income" and "under-reporting in consequence of misreporting" with an example..
Kindly make a video on this topoc, if possible.
I will try.
Y the hell assessee needs to prove his intention of donation to political parties?..what his /her fault if the donation is misused by the political party?.. This kind of scams are happening bcoz salaried personnel are earning 30% of their Income to pay the govt..
Very important information free of cost.
Thanks sirji
Welcome
SIR THANK YOU FOR YOUR INFORMATION.
Most welcome
Many times such kind of donations go through Hawala network to political parties. I personally know such persons who do this.
Sir, What is gst rate on construction services provided to educational institutions (like School or college building) ? Is it 12% or 18% ? Please clarify.
It is hightime to Impose Income Tax on Income of Registered Political Parties. When an individual, firms or companies/ society's Incomes are eligible for Income Tax, why Political Parties Incomes are exempted? No law will be introduced in loksabha / rajyasabha by all parties so our apex court should intervene in this matter & introduce this law in our country immediately.
Great video but seems like doing this adlabadli with ruling party won't cause problems since the ruling party will never be raided by IT Department
Thank You Sir, for sharing such videos, common man is always mislead by Agents to save tax . Your videos will always help in not repeating such mistakes and atleast consult with people Like You before making such mistakes.
But tax penalty of 25 lac is it true.
And 2 yrs imprisionment
It;s not mandatory that fine and imprisonment shall be invoked in each and every case.
Hello sir ,
1.how to track whether political party is registered and recognised ??
2.if person is contributing rightly and thats the reason by govt to have this clause correct ,so how can one rightly do political donation?what all things one need to check??
Sir, I have read your article related to Acceptance of cash donation by trust my question is
1) Cash donation exceed Rs 2000 show in form 10bd or not?
2) If not then while filing form 10b audit form difference between donation actual received and form 10bd so that where to show this cash donation in form 10b
Plz give reply .
you are amazing... u just made it crystal clear
Thanks.
Exemption he bund kar dena chaiye...jab donation dene per notice aa sakta hai fir donation ka option rakha he kyu hai govt nai
The Parliament may take such decision.
For conducting fair elections and having some level of transparency such that funds obtained by any political part are not obtained through wrong sources.
Very well-researched video...Great work...😊
Thanks a lot 😊
Wonderful Guidance Sir as always
Always welcome
Sir itr u bharne pe bhi 25% penalty hogi
Aur itr u bharne pe scrutiny k chances bhi badh nahi jayenge kya ?
I have received notice under section 148a(b) from income tax office signed by assessing officer of my jurisdiction . Notice received on 29th March 2023 for the assessment year AY19-20.
Last date to reply was 12th April I replied to the notice on 10th April 2023. My reply was "I have made donation to 2 political parties in fy19. and out of these 2 political parties, only 1 is appearing in the list of 23 parties."
On 11th april,2023, I received a word file from the income tax email Id which had information about the other 1 party. That email didn't ask me to reply to anything else. The word file didn't have any signature. It didn't have my pan number. It didn't have any order no. Just a plan word file.
On 17th April, I received 148a(d) .
Request your expertise on the following:
A) is the email received on 11th April from income tax office email id valid?
Even if the email is valid? As it was received on 11th April and notice under 148a(d) was passed on 17th April. Is this time limit valid? Only 6 days of time?
Also, This new information has been provided to me after 31 March 2023. Is this valid for the notice for ay19-20?
B) the notice received under 148a is signed by AO. I doesn't have any reference to e-assessment faceless scheme. Is this notice under 148a valid?
What is the time limit of notice under sec148 and others.
Nice and knowledge enhancing video Sir.
Thanks and welcome
Sir i am filing return in response of section 148 notice. while filing return its asking for unique Number. could you please suggest what needs to be filled there. I have got DIN And notice number which is alpha numerice and greater than 23 digit. In ITR excel utility its not taking that number, Should i then put only the numeric number from DIN And Notice, or there is any other number that needs to go there, like reference number or communication
Nice jankari sahab
Very useful information. Thanks
Welcome.
Right
Sir if anyone use electrol bond for donation how enforcement agencies will get to know the nane of the doner. Because there is no information about donor on electoral bond .
Sir mere client ko 31st March ko 148A aaya tha....jisme khi bhi Politics donation ka jikar nhi tha....mene same day reply kar diya....then 6 April ko 148 ka notice aaya hai jisme political donation ki baat hai....but mere according AY 19-20 ka notice 31st March tk hi issue ho skta tha....to ye notice time barred hai.....what should I do??
Same with my client
@CAAnoopBhatia
As per the Income Tax Act, it allows a deduction for political donations up to a maximum of 25% of the taxpayer's total income. Is it true? or no limit for exemption of political donation?
Sir if supplier gives me incentive after completing target purchase i.e 2% incentive on purchases goods worth 50000 in a month . Is this direct income or indirect income?
Your videos very helpfull for us
Thanks for kind appreciation.
Hello Sir..Do get the deduction under 80G if cheque is issued before march 2023 but party persented cheque in april 2023 for FY 2022-23
Thank you sir
Welcome
Thank you very much sir
Most welcome
खूप छान माहिती दिली,
Thanks.
Thank you Sir 🙏for informative video Sir I have filed itr u for A/y 2021 2022 which I have not filed before because of 0 tax but due personal loan 0f 1400000 which was not used one time autoswipe in mode bal and the interest received was 14000 due to which I was under taxable which I have paid on 28th march my question is whether I am also receiving the 148 notice in future after paying tax along with late and additional tax kindly reply 🙏
I would not say it's a case for 148 but you should be able to substantiate the source of repayment of loan if it was not out of the loan proceeds.
Bogus donation notice u/s 148A is received on 28/03/2023 for AY 2019-20 and asked for reply before 08/04/2023. Can we consider the notice u/s 148 afterwards as void as the same is time barred u/s 149(1)????pls reply
Yogesh bhai due to new provisions like 148A and amended 149 such notices are valid. Yet one may challange why there was an eleventh hour exercise by the Income Tax Department.
Very informative Video!
Glad it was helpful!
Thanks
Welcome
Good informative video.
Welcome.
right sir
Thanks.
Very nice information
Thanks
Very informative video
Glad you think so!
सर
क्या ITR U फाइलिंग करने से भी क्या उसकी छानबीन कराने वाली है आयकर विभाग की तरफ़ से कोई पूछताछ हो सकती है
सर कुछ सलाह दीजीए
ITR-U filing may be a good option. Same thing I suggested in the video even.
(1) Affidavit of political parties can be considered valid by ITAT ?
(2) Can ITAT take judgements on basis of only affidavit of political parties?
See its a question of fact which is to be decided by appellate authority by considering the matrix of facts available before it.
Sir your videos are so much helpful.. if these 148(a) 148. ..is it problem for current job..is there any chance of loosing the job ?
No issues on your job prima facie due to a 148 / 148A notice.
Thank you so much for your reply sir..
Sir AY 19-20 ka notice aab bhi aa skta he kya kyu ki 3 year hogye he
Agar income escape 100000 lakh se kum he
Deadline to issue notice for AY 19-20 is over on 31-03-2023 if the the escaped income is less than 50 lakhs
If 148A notice was issued upto 31.03.2023 then a notice u/s 148 may be issued in April 2023 even.
Govt should discontinue section 80GGC for individual and huf.
Under the new regime this kind of deductions will nullify.
@@CAAnoopBhatia But those who choose old regime will take benefit of this section.
Sir i did not make donation in ay19-20 but got notice 148a and in ay 18-19 i make donations but didnot claim 80ggc in IT return
If you did not claim 80GGC in the return you may challange the notice while replying.
Thanks sir
I received income tax notice received for political donation (financial year: 2018-2019)
I did political donation in financial year 2022-23 (before i received notice for FYI - 2018-2019)
is it advisable to take exemption for this donation in last financial year?
If your donation is genuine then don't worry, you may claim the deduciton however, if it's not then you should not claim the deduction u/s 80GGC.
Sir, very good information and very well explained......what will be next step if after 148A reply, order passed u/s 148?
Once 148A order is passed along with a notice issued u/s 148 the assessee should file ITR u/s 148.
Excellent explanation sir ji, Thank you for your vedio 🙏
Most welcome
Is it mandatory to have the donation receipt?
Or only payment proof is enough?
Having a receipt would be good but still payment proof may also be sufficient.
If incometax department cancel registration of political party and disallow all transactions from its establishment, then can it affect to donors (political donation) as well.
Means, on basis of that, ITAT can take judgement to disallow "donation" ?
Can you please reply?
@CAAnoopBhatia can you guide for my query?
Sir if I give personal loan to someone & receive it back after one year do I have tax liability on that amount or do I get an exemption?
If loan was given through bank and then taken back then no income consequence as such.
What are chances to win in court? If we have bank statements, donation receipts
If the cross examination does not take place then chances of win may be good.
If political donation is done in financial year 2022-2023 as well, then should we take exemption under 80GGB or should not take income tax benefits?
PIL in court seems to be solution of this issue
Sir ji,Agar demaand ho jaaye to Kya installment me bhar sakte hai,,!!??
Yes you may request AO pay in installments even.
BJP and congress par search and seize kiya hota to Adani and Jay shah ki property saamne aa jaati
vo nhi karenge its only for medium class
Nice video
Thanks.
How ITR U will save assessees ?
By filing ITR U, assessees also confirm their wrongful acts ?? Isn't?
I appreciate your views but ITR-U permits to revise that means without department bringing the transaction on surface you have yourself paid the tax upfront
any update in this matter. notices send in march then what action are taken by department till date.
You need not to worry, income tax department will be issuing notices u/s 143(2) on it's own if you have responded to 148 notice.
Sir how to check whether a particluar party is RUPP ?
In my opinion party only will tell you or you may ask through RTI from the Election Commission.
@@CAAnoopBhatia thanks sir for replying really loved your analysis! 🙏
How much percentage of total ATGI is allowed under 80GGC ?
Can you please reply?
10% of ITAG is applicable for 80G. Not 80GGC, correct?
Sir Pan card main AO kise change hoga
You may apply for change in jurisdiciton to the local income tax office.
Sir can we have list of all this parties??
Where we can see list of banned political partiea
Sir can income tax department issue notice 148 instead of 148a in this case.
Directly 148 notice is not possible.
@@CAAnoopBhatia but sir I got direct notice of 148 in this case instead of 148(a). What I am supposed to do now.
Please reply
@@SandeepKumar-ox5xj Check your incometax portal. You will find notice there.
Sir I have checked there is no notice us 148a
U r from which city
From Jaipur
Avoid donation to political party.better to pay Tax yeh desh ke liye hai.Donation se log advertisement mai lag jaata hai.
You are right.
Do not donate to political parties.Aapka paisa bhi jayega,jail bhi jaoge,penalty bhi lagegi.
I appreciate your advice.
What about 270 AA
That's a good question. Will try to explore on that and create a video / short.
(1)
Is it advisable to do ITR-U for financial year 2021-2022 (by removing political donation)?
(2)
Scrutiny of financial year 2018-2019 is opened on 30th March 2022.
Scrutiny of financial year 2021-22 is not opened yet.
If scrutiny is opened for last financial year then "ITR-U" can be filled with 25% additional tax and interest?
प्लीज मुझे मार्गदर्शन करें
Pls write your query.
Sir, how can i contact you?
You may either write at cfe.anoop@gmail.com or connect at 9571055666
Your videos very helpfull for us
Thanks.
How long the can go