Sir,
If employee retires , and also received PF amount from PF office. But during service some litigation was pending in court in a case filed by employee against employer during service period and which was subsequently settled in favor of employee after his retirement. As a result employee received arrears of salary in terms of court's decision and which is taxable as salary.

In addition employer also paid Employee the share of PF contribution on salary arrears directly to employee, as PF a/c had already closed at his retirement without any interest component.

Now query arises whether this payment of Employer's share of PF contribution , received by employee directly from employer thru bank transfer, Can it be treated as exempted income OR it will be treated as part of salary arrears and will be taxed.

if 2 charitable trust is to merged. what are the formalities?

I HAVE SALARY FROM PREVIOUS EMPLOYMENT TILL AUG 2021 FROM INDIAN COMPANY.
I HAVE FEW COMMISSION CREDITED TO MY ACCOUNT AS AGENT.

MY QUERY IS THAT WHAT WILL BE MY TAXABLE INCOME FOR THE FY 2021-22.\ AND WHAT ITR SHOULD I FILE .

THANKS AND REGARDS
SURESH R

Dear Sir,

One of my client has earned Commission income from an Insurance company and the company has deducted TDS @ 10% under Section 194JB

My query is while filing his Income tax return under which head of Income should I consider this income. Can I take this income as Other source income since commission income does not come under Presumptive Taxation scheme under Section 44ADA.

Please help me in this matter.

Regards,
Divyesh Jain

I was holding shares in my NRI PINS account and after becoming resident, opened a resident demat account and transferred PINS shares to the resident demat. This is recorded as an off market transfer in the records, by the depository. STT was paid at the time of purchase of shares.
Would like to know the tax implications on sale of shares in the resident demat: if the total holding period (NRI PINS+ resident demat) is more than 12 months, I need to pay only LTCG? Or, holding will be considered from the off market transfer date, where STT was not paid? Please clarify.

i am want file return FY-2021-22 my income sources main in the construction line but sometimes have activity in share market and mutual fund. but in 26AS not showing any transaction of share market and mutual fund activity but showing in AIS form. i want not show any transaction of share market and mutual fund i am want show only my construction line income, my query is can i file ITR4 to show only construction line income ?

Please let me know the annexure field i need to choose to enter details in form 10e to avail exemption for leave encashment received on resignation. The following are listed in the portal:
Annexure-I: For Arrears or Advance Salary
Annexure-II: For Gratuity (Past services over five years but less than 15 years)
Annexure-IIA: For Gratuity (Past services for 15 years or more)
Annexure-III: For Compensation on Termination of employment
Annexure-IV: For Commutation of Pension

If earlier years monthly pension received now. For e.g. if monthly pension of 19-20 received in 21-22. can we claim relief us 89 as an arrears of salary ?? Is it necessary to file 19-20 return at that time ??? because 19 -20 return not filed.

An Insurance agent received commission from an insurance company. He has lot of expenses. like fuel Expenses, Rent expenses, Conference expenses, Gift Expenses etc. But , Now in ITR -3 his commission Income has Automatically reflected in Other Sources Income Table , But there are no option to show above said expenses. So , My Question is , Can I show his commission income in commission head as credit profit and show expenses as debit losses in Profit Loss Table in ITR-3 (column no. 16-61 Book account) and can I Remove the automatic reflected Commission income from Other sources income table?

If yes , Then How many maximum % expenses can debit loss of his Gross commission received?

We are a leasing company and we provide office spaces on lease. In our office we have a food court, where there are different vendors who have been provided spaces on rent. We have been waiving the rentals from past 2years as there are no employees due to WFH.
Now the que arises does this waving off considered as benefit and is 194R applicable.