1. Educational society is having income of Tuition fee as well as rental income and total receipts are less than 5 crores. Can it file u/s 10(23C)(iiiad)
2. Donations / Contributions received without issue of
receipt. Whether Form 10BD is required to be submitted.
3. Does form 10BD is applicable in the case of society which does not have exemption u/s 80G
4. Whether anybody filed hitherto form 10B successfully.

While submitting Form 10B, erros are found both in saral software as well as IT Portal. Reasons are not known.

If an assessee being AOP claims exemption u/s 10(23c)(iiiab).can the assessee is liable to file audit report u/s 10B Or 10BB?

I have below queries w.r.t capital gain deposit account scheme.

Sale Price of Plot: Rs. 25 Lakhs
Purchase price after indexation: Rs. 10 Lakhs
Capital gain: Rs. 15 Lakhs
Amount to be deposited in capital gain account: Rs. 25 Lakhs.

In the above case, if I am not able to purchase the house within 2 years or construct the house within 3 years. i.e. the total amount left in the capital gain deposit account is complete 25 lakhs after 3 years.

1. Is AO's signature mandatory for closing the capital gain account in this case?
2. Will the applicable tax needs to be paid while closing the capital gain deposit account?(or) while filing Income tax for the year in which the capital gain account is closed?
3. Since the complete sale consideration is deposited in capital gain deposit account under 54F and the complete amount is unused even after 3 years, where/How can I declare the amount to be subjected to taxation in ITR?

Please help with information on this.

Dear Team,
Company got incorporated on 22nd March 2023,while filing NIL income tax return SH1 (Shareholders details) has to fill where date of allotment has to be given.
Here actual amount received and date of allotment is 18th April 2023.
Which date has to consider in SH1 for return filing..? As return is not considering 18th April 2023 saying date should be one or before 31st March 2023.

Paid for friends education and travel expenses in early 90s, now the person wants to repay the amount.

How to account this while filing income tax?

I have registered as legal heir and filed ITR AY2023-24 for my deceased mother successfully and awaiting credit of refund amount. However all the bank accounts for ITR refund has been closed prior filing which were associated with her PAN and Name. How do I proceed with getting the refund to my bank account where I have received my ITR refund? Whenever I am raising a refund reissue request from portal its getting failed automatically because my mother's PAN is not linked to my bank account.

A partnership firm, which has never opted for Section 44AD before, and had a tax audit for FY 2021-22, can opt for Section 44AD for FY 2022-23 if its turnover is below 2 Crore

MR A ALREADY RECIVED LOAN FROM MR Y ON DATED 15-4-2023 BY NEFT AMOUNT OF RS 150000 AND MR A WANTS A NEW LOAN FROM MR Y BY NEFT

CAN HE ACCEPT NEW LOAN FROM MR Y BY NEFT

Is my below understanding correct, when partial deposit in Capital gain account w.r.t 54F is done?

Total sale price of plot = Rs.25 Lakhs
Purchase price after indexation = Rs.10 Lakhs
Capital gain = 15 Lakhs
Amount deposited in Capital gain deposit account = 20 Lakhs (Instead of 25 Lakhs).

1. Amount subject to capital gain in current year = (15*5/25)Lakhs = Rs. 3 Lakhs.
2. After 3 years, if an amount of Rs.20 Lakhs in Capital gain deposit account is unutilized, then capital gain will be 12 Lakhs (i.e. 15 - 3 = 12)?
3. After 3 years, if an amount of Rs.10 Lakhs in Capital gain deposit account is unutilized, then the capital gain will be 6 Lakhs (i.e. 12 * 10 /20)?

Please let me know, if my understanding correct for the above scenarios 1, 2 and 3?