Sir,
A person doing pawn broking shop, he accept the jewels and repledge the same in bank and withdraw the amount by cash, his turnover in bank around 43 lakhs, now the bank deduct TDS for cash transactions around 45000/- can I declare 12% interest for the 43 lakhs as Taxable income and deduct the tax and balance can get refund?

I jointly owns two properties and 100 % owned 1 property , In Total 3 Properties. Can I claim all three property as self occupied because the co owner owns only two property and he claimed both the properties as self occupied. So can I claim my 100% owned property and 2 co-owned property as self occupied and because for co owner both the properties are to be self occupied.

Sir, I have purchase residential house and these house property is let out. can we claim principal amount of housing loan on rented flats. please confirm/explain with section

I paid self assessment tax for AY 23-24 but , by mistake I selected assessment year 24-25 and I selected advance tax (100) instead of self assessment tax (300) in challan
Can I send mail to AO to rectify the mistakes? Or I will have to personally go to AO office ?

This query is for filing ITR for Income from Profession (Freelance online IELTS Training), which is the same as filed for last AY (2022-23), and also Income from Bank Interest. There is no other income. The Gross Income amount is under 50k INR.
The error prompt is Business code u/s 44ADA is to be selected for income declared u/s 44ADA.
What could be the reason? I am getting this error no matter what code I select.
Please advise. Thank you.

Exemption u/s 10(10) for gratuity shall not exceed income offered under the head salary under sub head gratuity receipt or Rs 20 lakhs whichever is lower. I tried differesnt ways. But the site shows error. mine is only 8 lakh. 7

The error on validation "In Schedule VIA, deduction u/s 80U for self with severe disability cannot be more than the maximum limit of Rs.1,25,000" continues to occur in efiling @ ITR3 while I have not claimed any disability, nor filled in anything at 80U. Kindly advise

Hello,
I have been filing ITR2 all these as my income is mostly House property, LTCG and other income. But this year there was a single INTRADAY transaction in which I made a profit of Rs. 9000, due to this should I file ITR3 or can I continue with ITR2?

Please help.

Thanks

Sir, I was having RNOR status of 2 Finacial years which expired on 31st March 2023 thus changing my status to ROR for current FY 2023-24. My query is that my Saudi Arabia bank account holds balance money as a result of payment of retirement benefit ( gratuity) + Salary arrears paid after I returned to India permanently in January 2021 after 15 yrs as NRI continuously then. What is the tax implication of bringing this money to India now ?

I have a big doubt about Rent recd as fallows.
A is the owner of building and made all required furniture and other items to run a PG.
Now he has join hands with 'Y' to run the P.G. Now Y gives to A about 75 percent of accupency of PG. as rent and balance he will retain for maintenance, and the amount so recd is not equal for all the months,. Now shall we consider the amount so recd as rent and get all the benefits under rent receipts in computation of income tax, or to show the same as income form other sources.
Please clarify
Thanks in advance,
K.B.NAGESHA RAO