One lady aged about 78 years has fixed deposit with Corporation Bank ( now Union Bank) since 2017-18 and earned interest. She has no other income. She has submitted 15 H for each of the year.
The Bank has not deducted TDS from interest income except for the financial year 2023-24 and 2024- 25 on interest income despite receipt of 15 H form for those years.
She has no knowledge to submit the IT return to claim the refund. Somehow She has been advised to submit the IT return for FY 2024-25 and accordingly She submitted and got the refund of IT of TDS.
Since due time for submission of return for FY 2023-24 has elapsed, She could not. Someone has advised her to appeal for condonation of delay in submitting IT return 119( 2) (d) of IT Act for submission of IT return for FY 2023-24.
How she should proceed?

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One of my clients has received income from business trust (powergrid investment infrastructure trust) and tds is also deducted under section 194LBA. He has shown this income in his ITR under the head of income from other sources at normal rate.

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Hello Experts,

I bought shares in a private limited company on 06/09/2021. And i sold the shares on 08/12/2025.
I earned profit Rs. 15 lakhs.
How can I pay Tax on It...?
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Please give your expert opinion and guide how it's

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One of my acquaintances has withdrawn ₹22 lakh in cash from a savings bank account and paid the amount to the seller in cash for purchase of house, which has not been reflected in the registered property documents. What are the possible consequences of this transaction, and what steps can the buyer take now to protect himself?

I have purchase a under construction apartment from a buyer(second aprty sale) at total consideration of 15950000 ( including 662605 GST).
In Builder Buyer agreement value of apartment was 13914000 (including 662605 GST)
I have paid Rs 8993000 to first party. Balance I will pay to builder in installments. Today I paid 3350000 installment to builder. I need to 1% as TDS on property.
My query is what amount I need to put in TOTAL VALUE OF CONSIDERATION (PROPERTY VALUE) while paying TDS on installment amount.

Will it be 15950000 OR 13914000 ??

A client is engaged in the business of speculating in gold and silver. What should be stated as the nature of business: “trading firm” or “financial investment firm”?