There Is TDS Deductued In My 26as Report In AY 13-14 And Till Now The Booking Status Is P. So How To Claim This Refund Sir Any Idea ?

Exemption to be claimed u/s 10(23c)(iiiad) for gross receipts or for net income i.e. (gross receipts minus expenditure)

is it necessary for a student studying abroad to file a return of income becaus the student receives amount for paying tuition fees and expenses from parents/guardians in india and that the student has a PAN ?

Our subsidairy company owns office premises, which it has rented to Parent Company. Parent Company is showing a Interest free loan in its books to the Subsidairy. The land on which office has been constructed originally belonged to MSRTC. The Subsidairy Company does not have any sale/revenue of its own. No transactions in its books. Dear Experts, kindly advise regarding the accounting entries in books of Parent Company and Subsidairy Company in case of Merger. Kindly advise with respect to percentage of stamp duty in case Subsidairy is merged with Parent Company & its calculation

When Owner enter JDA and received Cash & Flat both as consideration as per agreements, and if he resold those flats, what would be the cost of acquisition for the flats?

Dear Members,

In one of the Assessment Proceedings for the Assessment Year 2018-19, The Faceless Assessment Unit has considered Income from Intra day Trading in Equity and Income from Trading in Futures & options as Short Term Capital Gain.

The Assessee has considered Income from Intra day Trading in Equity as Speculative Business Income and Income from Trading in Futures & options as Normal Business Income which in my opinion is correct.

Whether the below noted contention of the Assessment Unit is correct ?

Contention :"Since the assessee is an Employee of a PSU, the Profit from Intra day Trading in Equity and Income from Trading in Futures & options is considered as Short Term Capital Gain and hence the same is calculated accordingly"

Hi All,

I submitted ITR 2 FOR financial year 22-23 and got a refund in Aug. Now I have realised that I have shown higher FD Interest income in my filing. So I believe I have to file a revise ITR 2 and claim for a refund.

Just want to understand how I have to show the refund in my revised filing which I received earlier. Whall All things I have to take care of in my revised filing

Please suggest.

Regards,

I had filed my tax returns on 13/07/2023 and the refund with the assessment order was received on 26/07/2023. I had income from renting office space and my tenant
had deducted the TDS amount but had not paid the TDS to the Govt. When I saw the AS 26 as updated till 07/06/2023,the amount of Rs 9,000 paid by my tenant as TDS was not reflected. So I paid my taxes accordingly. In December 2023 when I told my Tenant to vacate after the lease period was over, I could see in his statement of accounts that he has paid the TDS for AY23-24 to the Govt , When I checked AS 26 for AY23-24,,this amount was reflected now. How Do I claim my Tax refund of Rs 9,000?

if received NON-Fillers message from ITD should file ITR ? if yes what to do with compliance portal, no transaction trace do not have any business

Hi,
We have deposited the TDS of Rs. 30,00,000/- under section "195" for the AY 2023-24, but TDS could be adjusted only 15,00,000/- against this challan. Now here is the query that, can this excess balance of Rs. 15 lakh be claimed with other sections' TDS liability, like section 192-B, 194J etc. in current AY 2024-25? Please clarify.