If my client informed there income details as per old regime to there employer at the time of TDS deduction (FORM 16) but at the time of filing return we found that new regime will be beneficial for him, can he opt for the new regime at this stage.
I recently purchased a house for Rs. 60.4 lacs on 08.06.24 and want to sell it for Rs. 1.00 crore to purchase a bigger house worth Rs. 1.5 crores. Please advise the Income Tax liability given the short-term Capital gain considering the reinvestment of the whole money for buying a new property.
Getting this error ITD_exec2003 while uploading return today please help.
And while uploading through software getting schema error try again later.
Please help.
Please give the forms to be filed and the due dates for public charitable trusts for the assessment year 24-25
Joint property mere aur meri wife ke nam he us per rent mere account me aa raha he. kaya me yeh rent 80% apni return me aur 20% anpni wife ke return me yaa pura rent apni return me dikha sakta hun.
DP Kapoor
9810600330
Hello, I have always had business income (ITR 3). Last year, I'd filled Form 10IE to file under the new tax regime. If I want to continue under the new tax regime this year as well, I don't need to fill any form this time, right?
This year, the new tax regime is in any case the default one, so this would also mean I don't need to fill any form, right?
Thank you.
I understand profit from buyback of shares needs to be shown under "Exempt Income" in ITR.
However under "Exempt Income" there is no option of section 10(34A) to be selected. How to show?
Dear Experts,
If an individual gifts property to wife or children without any consideration, then that transfer will not be subject to any tax.
However rental income from that property will be taxable in whose hands? transferor or person receiving the gift? Will these attract clubbing provisions?
Sir, Madam.
I have a Mediclaim policy provided my employer, can I claim the amount of this Policy under section 80D in my income tax return.?
Thank You..
Regards
Rakesh Yadav
sir One property purchase jointly with my wife but total rent amount transferred in my bank account. please advise the total rent may be shown in my Income Tax Return. Yadi mein ITR 2 me Co-ower per tick karta hu to veh rent to divided ka deta he please resolve my problem.
D P kapoor
9810600330
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Old tax regime & New tax regime