Dear Sir,
I filed TDS return for the period Q3. But in that mismatch or not entered the short deduction certificate number. Now how to rectify that.
Can anyone help me out.

A private Trust intends to Gift some land to a society for running a school.
My questions are:-

(1) whether this transaction is treated as Capital Gain in the hands of Trust u/s 50C ?
(2) And what about Society ? Will they have to pay tax ? As they will receive Immovable property without any consideration [Section 56(2) ]

Dear Sir,

I have filed Income Tax Return of the firm for A.Y. 2025-26, while filing the Return of Income I have not consider Advance Tax paid by the firm and Income Tax Return is processed also. Now, what I can do for taking Advance Tax for claiming refund.

Please do the needful & oblige.
Vishal Bhalerao

I am paying monthly Rent of Rs. 40,000/- & Rs. 1,25,000/- to Single Owner for 2 Property at different location. Now i want to deduct TDS u/s 194IB.

Just want to confirm that can i deduct TDS on 1,25,000/- or Total 1,65,000/- (40K + 125K).

Payment of rent is paid seperately by 2 different cheque resp

An employer transferred a company-owned flat to an employee for ₹10 lakh. Stamp value = ₹48 lakh Cost 30 lac bought 6 yrs ago WDV in books = ₹12 lakh Employer treats difference as business loss. Employee treats it as purchase transaction. What is tax implications for employee only

Sir
My updated return is invalidated by CPC subsequently I filed rectification which is also rejected by CPC I request to AO for rectification but that also is rejected stating CPC decision of updated return invalid and rectification rejection is correct Subsequently I filed application for Condanation of delay which is also rejected by AO and PCIT
1. What will happen to my tax paid and TDS paid during year will tax paid will be considered if scrutiny/reassessment happens
2.Which ITR will be considered for final assessment if scrutiny/reassessment happens

An assessee filed return for the year ended 31/3/2010. There is mismatch between 26AS and form 16 to the tune of Rs.54000 and income tax department raised a demand by including interest thereon. TDS 61750 deducted by the employer. Form 16 wrong date of deposit is there. Now the employer gave TDS paid challans with BSR code and CIN to the employee. How to respond this in income tax portal. Whether agree or disagree. Demand paid and the challan has cin with open details or Demand paid and the challan has cin without open details or Demand paid and has cin?

May I file revised ITR for AY 2025-26, although I have already received IT refund for the said year.

I recently purchased a property in which Consideration paid as 25 L & 50L respectively.
while fillng part 3 - Property Transferred details i got confused what amount to be mentioned in Total stamp duty value of the property.
should i mention full amount or mention proportionate amount.

While mentioning proportionate amount it shows below msgs
1. Please enter proportionate share of Stamp Duty Value.
Kindly assist

Sir / Madam . Requesting your valuable reply

X , Y & Z (brother & sisters) are the joint owners of a house via family inheritance. House purchased in Year 1969 . Land measuring 1200 sq.ft.

Z , Relinquished her share (400 sq.ft. UDS) to X & Y for Rs. 25 lakhs via release deed.

X & Y becomes absolute owner and entered into JDA with a developer. ( JDA agreement in
Rs.100 stamp paper and POA registered in Registrar office in Chennai. Is this fine ? )

As per JDA, 3 Flats to be constructed. 2 flats to X & Y and 1 flat to developer.

POA registered in Nov 2022, assigning 400 sq.ft UDS to developer.

In June 2024, X & Y decided to surrender their share of 1 flat to developer for Rs. 1.4 crore.
Subsequently prepared Supplementary agreement to earlier JDA and POA registered in July 2024 assigning 400 sq.ft. UDS to Developer.

Please note: Flat is under construction till July 2024.

In April 2025, X gave his share in one flat to Y via settlement deed out of love & affection.

In May 2025, Builder handed over the flat to Y.

Developer, Makes payment of 1.40 Crores for the surrendered share to X & Y in 3 phases (May 2025, June 2025, Dec 2025. ) . Developer deducted TDS 1% in FY 2025-26

Could you please advise, how the capital gain tax will have to be arrived at for X & Y ?

Taxable Year 2025-26 (AY 2026-27) ? Whether Sec 54/54F can be applied ?

Flat constructed – Built Up area 840 sq.ft. + UDS 400 sf.ft = Total 1240 sq.ft each flat.
For the flat as per JDA, should we calculate stamp duty value for built up area 840 sq.ft or total 1240 sq.ft as consideration ?