My client purchased a land in 2008, but they registered it in someone else's name as the issue of SC land was involved. So, they purchased it for Rs. 5 lakh. Now, in 2017, they made an agreement with that person and paid Rs. 10 lakh to him that they will settle down it for Rs. 17 lakh. And Rs. 7 lakh was left. Now, in 2025, if they want to transfer it in their own name or they sale that property, how much will be the long-term capital gain and what will be the impact? Can the cost of agreement that is Rs. 10 lakh or Rs. 7 lakh be included in purchase cost?
In which schedule of itr can I show exempt perquisites included in my salary?
ASSESSEE HAVING TURNOVER 85 LAKH HAS FILED ITR BY AVAILING BENEFIT OF 44AD FIRST TIME IN A.Y. 24-25 AND IN A.Y. 25-26 TURNOVER IS 3.80 CRORE (DIGITAL TRANSACTION WITHIN 5% LIMIT)
Q1 . IS AUDIT BECOME COMPULSORY IN AY 25-26 AS ASSEESSEE HAS OPTED OUT FROM 44AD IN AY 25-26 EVEN IF TURNOVER IS WITHIN 5% LIMIT OF DIGITAL TRANSACTION
INCASE OF PUBLIIC CHARITABLE TRUST UNDER WHAT CIRCUMSTANCES FORM 9A AND FORM 10 HAS TO BE FILED??? WHETHER BOTH ARE TO BE FILED TOGETHER OR ANYONE HAS TO BE FILED???? AND IF BOTH ARE FILED WHETHER IT IS ALLOWABLE OR NOT???
Sir, inorder to count the time limit ie. less then three years or more than three year, whether the notice date of 148(b) is to be considered ? or the notice date of 148 is to be considered.
Dear Sir,
With respect to above mentioned subject line would like to let you know that I'm not able to find the same or near by figures for calculation of LTCG and STCG along with Intraday Profit and Turnover in Capital Gain Loss Statement and AIS Utility, kindly advice.
Awaiting for your kind response.
Warm Regards,
Aditya Ghatge
Respected Sir
My Freind Invested in KVP - kisan Vikas Patra ( Post office Savings Scheme ) approximately 8 years Before of Rs. 8 Lakh
KVP matured in F.Y. 2024-25 amount of Rs 16 Lakh. out of this amount 8 lakh Rs. is interest
this Entire Interest amount 8 Lkah Rs. Shown in F.Y. 2024-25
He never Filled Return earlier.
My question is this interest amount is For all 8 year So Can i Show In F.Y. 2024-25 only One Year interest on accrued Basis that is Approximately 1 lakh and in AIS give Feedback that other Interest i.e. 7 lakh Rs. is For Previous Year and i will also File Previous 3 Year Return u/s 139(8A) Showing Interest on accrued Basis
Dear Sir / Madam,
Mr A is an NRI. He is earning LTCG and STCG on mutual funds in India. How to show this capital gain in his ITR? Will it be shown as normal transactions or under the first proviso to Section 48? I am confused regarding this first proviso.
Please guide.
Thanks & Regards,
Suraj
How to report crypto currency transaction in ITR -2 wherein more than 150 transactions over different coins are there for FY 24-25 .
Client has Coindxc platform for the crypto transactions
Hi,
While computing capital gains on sale of shares which expenses can be reduced from sale consideration of shares?
Also same charges paid while purchase of shares can also be added to cost of acquisition?
Pls advice
Regards,
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Long term capital gain calculation of purchase cost