Hi

My husband passed away during the previous financial year, and I received an amount from LIC as his nominee. Should this be declared as tax-exempt income in my income tax return?

Sir
Excess deduction claim in 80g, now section 148 notice received to file ITR, i substract my excess deduction from it, now there is no option of return the excess refund.
Please suggest how to calculate interest and tax amount of these years at the time of filing actual ITR

Last date for completion of scrutiny assessment of the assesse by the commission of income tax apples

When an amount is being reported on 26AS on account of 194R, whether it is compulsory to offer it for tax.

"The Central Government has recently issued a notification announcing the Cost Inflation Index (CII) for the financial year 2025-26. In the notification dated July 1, 2025, the government announced that the CII for the financial year 2025-26 is 376. The new CII of 376 will be applicable from April 1, 2026, and it will be applicable for Assessment Year 2026-27."
Can I apply this CII 376 for calculating indexation for FY25-26 for property sold in April 25 (bought in 2002) when I file my returns on 31st July'26 ?

Sir

How to claim relief on LTCG tax on sale of MF income fy 24-25?

He has to submit form 10F before filling his income tax return??

Which documents are required and upload while filling his tax return??

He has TRC for fy 24-25??

Please guide me.

A teacher who retired from service in tamilnadu government got Rs.272263 at the time of retirement as UNEARNED LEAVE SALARY (UEL) . Whether it is taxable or exempt under section 10(10)AA (i). She is a state government employee.

If Mr. X sold his plots of Rs. 8lakhs in A.Y. 2025-26 and he purchase house of Rs. 10lakhs out of the net sale proceedings of this plots for claiming 54F exemption. Mr. X claim exemption under section 54F of remaining purchase amount of Rs. 2lakhs in next A.Y. 2026-27. So, what amount should be shown in the A.Y. 2025-26 under amount investment in new asset out of sale proceeds (i.e. 10lakhs or 8 lakhs) for claiming 54F exemption?

I am having a House property with a rental income of Rs 1.20 lacs per annum. I availed a loan from a bank and paid interest on the home loan. I am filing IT return under the new regime.
I understand that the net loss after adjustment of rental income (Net Annual Value) to interest paid to adjusted against Gross income from salaries is not permissible. However, section 24 permits interest on a home loan can be allowed where the house property is let out without any maximum.

I shall thank you if you could clarify with relevant sections of IT Act whether interest paid on a home loan is permitted as an allowable deduction for FY 2024-25

I have received a message recently on a ITAT order that there will be ‘nil’ capital gains tax in case of mutual fund investments by NRIs staying in a country with which India has signed DTAA and NRI person has stayed outside India for more than 182 days in that FY.

As we know in singapore, as per their tax laws, capital gains tax is nil but in India resident assesse is required to pay capital gains tax on mutual funds investments on any gain.
Considering this please state how far it is correct that subject to such conditions, capital gains tax in India will be nil. Please make a reference to ITAT order in this regard. If it is correct and there exists a ITAT order, please state whether any notification has been issued by the Income Tax deptt. on this issue.