CA. Ankit Vijaywargiya

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 ?




MAKARAND DAMLE
12 November 2025 at 17:39

Refund for NRI

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 ?


NK1976

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



rajesh parai
12 November 2025 at 12:53

Switching from Sec 44AD to Sec 44ADA

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


T.N.Reddy

Sir, for the F.Y 2012-2013 and 2013-2014, for a particular company we could not able to find the the TDS statment filed -token numbers/receipts-Ack's.numbers- are not found with the assessee. So, can we make request in the traces for requesting such token/receipt/ack.numbers, becuase without which we are not able to view whenever any notice/intimation is recieved for damand. Any idea regarding this sir.


rajesh parai
12 November 2025 at 01:19

Which presumptive taxation to opt

I am providing compliance consultancy to my father business and I’m not a qualified ca so quite confused which presumptive taxation to opt as i am not a professional but providing services hence kindly help


Mudit Srivastava
12 November 2025 at 00:59

Tds notice for 200a 206c

I recently bought a property and the buyer was an NRI
Total value - 1 Cr
Tax deducted - 14.3 lakhs (14.3 %)
paid tds in tie
filed returned in tie

there were 2 seller and 2 uyers. my wife didn't got any notice but i recieved a notice to pay the amount of additional 1.62 lakhs as short deduction. fail to understand why


T.N.Reddy
11 November 2025 at 17:24

Section 270A penalty

Sir, in one of the Asstt.Year we have prefered an appeal against the penalty order u/s.270A. Notice u/s.156 speaks that if the demand is not paid within 30 days, then simple interest could be charged u/s.220(2), again furthere to say that provisions of U/s.221 would attract that penalty would also attracted. Here my doubt is, if I succeed in the appeal, then, penlaty will be deleted. If I do not succeed, then as I understand that the penalty levied by the AO remains same. But how come, penalty carries the simple interest U/s.220(2) and again penlaty carries U/s.221 ie the further penalty. Kindly help me out in this regard sir.


SHARMA

Sir,
Whether transfer Rs 50 lacs to my two sons (50 lacs each son) through RTGS or cheque as a gift during a financial year is totally tax free for donor and donee?

2. If, their is any boundation to prepare gift deed on stamp paper duly notirrised?

Thanks sir


urvashi kareliya
11 November 2025 at 10:51

GIFT RECEIVED ON THE OCCASION OF MARRIAGE

HII!!! Mr. ABC is getting married on 15/11/2025, kindly expain tax liability of money received on day of marriage to him and to his parents ?






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