sir,An individual taxpayer has been regularly filing ITR every year, and tax audit reports have also been filed. Recently, the assessee received a notice from the Income Tax Department under Section 131(1A) asking for submission of books of accounts and documents for the past four years. Now assessee want to know: What is the purpose of issuing a notice under Section 131(1A)? Is this notice related to scrutiny assessment, survey, or some other proceeding? What is the procedure after such a notice is issued and received by the assessee?

An issue arises while attempting to establish a connection with the Traces WebSocket eSigner. Despite several attempts, unable to connect successfully. what is solution in this regard?

Mr X is non resident Indian and he is owner of resident house since 2002 and purchase cost is Rs 20 Lac. he has sold the resident house during the Financial Year 2024-25 for Rs 80 lac. He had received token money of Rs 20 lac in April 2024 and remaining amount of Rs 60 lac in August 2024 at the time of registration of sale deed. sale deed is register on 25 August 2024. my query is whether , Mr x is eligible to get indexation benefit or not on the basic of token money is received before 23/07/2024 by account payee cheque?

If we filed ITR-5 for a trust in FY 2023–24, can we revise or rectify it after 1 year and change the form ITR-5 to ITR-7 ?

Mr A. has purchased a residential property in F.Y. 2005-2006. He is selling this property in F.Y. 2025-2026. He want to claim exemption under Income Tax.
Can he purchase bonds specified in section 54EC(he is not willing to by any other residential house property) ?

An industrial property was sold in urban area. About 90% of proceeds were used to clear liabilities accrued for a long time. Base value is very small compared to sale value. No investments were made. Please clarify other than investments any other exemptions are available for capital gain.

One person agreed to sold urban agriculture land in FY 2024-25. 20% Advance amount is received in the same year but registry is done in Sept 2025.

When liability to pay capital gain will arise ?

ITR 2 for NRI for AY 25-26 was filed on 14.08.2025 asking for refund.
Refund has failed due to PAN Inoperative
Department is asking for PAN And Aadhar
Since the assessee is NRI he does not have Aadhar number ?
Refund reissue request also cannot be raised since PAN is operative

What steps need to be taken so that refund is credited to his bank ?

Dear Sir,

I want to know what is the tax liability on withdrawals of Employee provident fund.
My services in company is more than 30 years and now i am withdrawing the full balance of EPF Account. Now it is large amount in EPF account. I am the senior citizen and getting salary from the company and regularly filing the income tax return. I want to know the any tax on withdrawal of EPF Balance amount or it is exempt from income tax.

Thanks
N Kadam

i have been filing my returns under Sec 44AD for different Business but then i discontinued business for FY 2025 - 26 and started earning as freelancer for consulting so can switching from Sec 44Ad to Sec 44Ada can trigger income tax notices or can we switch and