Mohanraj J

Dear IT Experts
I need your guidance for IT Savings Investment Plan Under New Regime for the FY 2025-26 for Man/Woman.
Eg: NPS, Makhila FD etc

Thanks in advance.
mohanraj_vkj@yahoo.co.in


Vaid Mohammed

Hi,
I am working in Oman since 08 March 2025 thus, currently I am an NRI, as there are no plans to visit India in this financial year.
I want to transfer money from the salary I am earning here to my Indian Bank. I am planning to transfer 2.5 lacs per month to India, in my Indian Bank.
Please advise, will this transfer attract any tax or it will be completely tax free for me in India?


Ecstasyvio

ITR NOT PROCESSED. I HAVE RAISED 3 GRIEVANCES. SAYS PROCESSING. FILED ON 31.JULY 2024 UNDER 139(5) .AS SOME ADDITIONS IN AIS HAPPENED AFTER I FILED THE ORIGINAL ITR.


Rajesh Topiwala

CAN ANYBODY SEND 26Q TDS UTILITY IN NSDL TIN LATEST UTILITY DOWNLOAD LINK ?


Bimal Shah
28 April 2025 at 17:16

Tax on Goodwill on LLP

Originally a private LTD company was formed in 1996, in which MIDC land was on 99 year lease was accuquired. Building was made in 1998. On 1-10-18 we converted this to LLP. For past 10 years we have rented out building to tenants on rent. There is no other business except rent, no stock/machinery etc.

There is no goodwill in company.

Someone wants to takeover company and want to pay me goodwill.

My question what is %age of tax I pay when I recieve goodwill in my personal account for FY25-26 (not FY24-25)


Ecstasyvio
28 April 2025 at 16:37

ITR not processed yet for AY 24-25

Sir,
My reply below to your queries
Acknowledgement Number:xxxxxxxxxxxxx
Date of filing: 31-Jul-2024 sec 139(5)
INDIAN INCOME TAX RETURN ACKNOWLEDGEMENT
ITR3
AYear
2024-25


Krishna
28 April 2025 at 13:02

Capital gain tax after 23 jul 2024

In case of long term capital gain. From 23 jul 2024 to get full exemption of long term capital gain, amount needs to invest us 54/54EC is sale consideration minus cost of acquisition. Here indexed cost of acquisition benefit will not get. Because second proviso to section 48 says indexed cost is available only asset transfer takes place before 23 July 2024.

Only while calculating tax liability we can choose the option to pay tax @ 12.5 without index or 20% with index

Is this correct ?


VIKASH SINGH
28 April 2025 at 12:22

Internet tds

Internet Charges yearly- 133000/- + GST
TDS Section?
TDS Rate?


HIRENKUMAR
27 April 2025 at 20:20

Update ITR

TODAY can i update my itr-2 return fy 2023-24 ?


ABHI KUMAR
27 April 2025 at 10:43

Regarding Section 40A

BILL PURCHASE DATED 15-3-25
AMOUNT 16000

CASH PAID DATED 17-3-25 AMOUNT= 9000
CASH PAID DATED 18-3-25 AMOUNT= 7000
IS ALLOWE OR NOT IN INCOME TAX RULE

THANKS IN ADVANCE