Respected Members,

I have a query regarding the reporting of Remuneration received as a Foreign Employee from a Foreign Enterprise, which is exempt under Section 10(6) of the Income-tax Act (subject to satisfaction of the prescribed conditions).

In the previous year, while using Spectrum software, we were manually entering this amount under exempt income, and the ITR was filed successfully.

However, after the latest software update for AY 2026-27, manual entry is no longer permitted. We have to select an item from the predefined list. Although the list contains **"Remuneration received as Foreign Employee"**, selecting this option results in a JSON validation error stating "Specify Category."

On contacting Spectrum support, their executive advised us to report this income under "Income Exempt as per CBDT Circular", after which the JSON is generated successfully.

My query is:

1. Is there any **CBDT Circular/Notification** under which remuneration received as a foreign employee from a foreign enterprise is treated as exempt?
2. Since the exemption is available under **Section 10(6)** and not by virtue of any CBDT Circular, is it technically and legally correct to report it under **"Income Exempt as per CBDT Circular"** merely to overcome the JSON validation issue?
3. Has anyone else faced this issue in Spectrum or any other ITR utility? If yes, what is the correct reporting approach?

Any guidance or reference to the relevant provision, schema validation, or CBDT instruction would be greatly appreciated.

Thank you.

This version clearly explains the issue and is likely to get precise responses from practicing CAs.

PART-I - Details of Tax Deducted at Source
Sr. No. Name of Deductor TAN of Deductor Total Amount Paid/
Credited
Total Tax Deducted # Total TDS
Deposited
1 PUNJAB NATIONAL BANK CIRCLE OFFICE HYDA02285D 80.00 25.00 25.00
Sr. No. Section 1 Transaction Date Status of Booking* Date of Booking Remarks** Amount Paid /
Credited
Tax Deducted ## TDS Deposited
1 195 03-Mar-2026 F 10-May-2026 - 19.00 5.00 5.00
2 195 02-Dec-2025 F 25-Jan-2026 - 19.00 6.00 6.00
3 195 04-Sep-2025 F 22-Oct-2025 - 20.00 7.00 7.00
4 195 01-Jun-2025 F 25-Jul-2025 - 22.00 7.00 7.00

Above is form 26 is showing receipt of foreign remitance under section 195
Receipt of foreign remittance
SR. NO. INFORMATION CODE INFORMATION DESCRIPTION INFORMATION SOURCE COUNT AMOUNT
1 TDS-195 Payment received by non-residents (Section 195) PUNJAB NATIONAL BANK CIRCLE OFFICE (HYDA02285D) 4 80
SR. NO. QUARTER DATE OF PAYMENT/CREDIT AMOUNT PAID/CREDITED TDS DEDUCTED TDS DEPOSITED STATUS
1 Q4(Jan-Mar) 03/03/2026 19 5 5 Active
2 Q3(Oct-Dec) 02/12/2025 19 6 6 Active
3 Q2(Jul-Sep) 04/09/2025 20 7 7 Active
4 Q1(Apr-Jun) 01/06/2025 22 7 7 Active
Note - If there is variation between the TDS/TCS information as displayed in Form26AS on TRACES portal, and the TDS/TCS information as displayed in AIS on Compliance Portal, the taxpayer may rely on the
information displayed on TRACES portal for the purpose of filing of tax return and for other tax compliance purposes.
Part B2-Information relating to specified financial transaction (SFT)
Interest from savings bank
SR. NO. INFORMATION CODE INFORMATION DESCRIPTION INFORMATION SOURCE COUNT AMOUNT
1 SFT-016(SB) Interest income (SFT-016) – Savings PUNJAB NATIONAL BANK (AAACP0165G.AB690) 1 80
SR. NO. REPORTED ON ACCOUNT NUMBER ACCOUNT TYPE INTEREST AMOUNT STATUS
1 24/05/2026 13132191022401 Saving 80 Active
SR. NO. INFORMATION CODE INFORMATION DESCRIPTION INFORMATION SOURCE COUNT AMOUNT
2 SFT-016(SB) Interest income (SFT-016) – Savings CPRC CHENNAI (CHEC18029E.AP563) 1 27
SR. NO. REPORTED ON ACCOUNT NUMBER ACCOUNT TYPE INTEREST AMOUNT STATUS
1 09/05/2026 3922956868 Saving 27 Active
SR. NO. INFORMATION CODE INFORMATION DESCRIPTION INFORMATION SOURCE COUNT AMOUNT
3 SFT-016(SB) Interest income (SFT-016) – Savings ICICI BANK LIMITED (AAACI1195H.AB286) 1 2
SR. NO. REPORTED ON ACCOUNT NUMBER ACCOUNT TYPE INTEREST AMOUNT STATUS
1 29/05/2026 112001503612 Saving 2 Active
above is AIS statement showing foreign receipts and savings interest . very small amounts though in actual no foreign receipts were done.
how do I report in ITR 2 as a NRI account holder .under which heads.Please guide. actually I am the father who every year files the ITR. for my NRI son. The interest on savings with TDS is correct in 26AS and AIS. But receipt of foreign remitance in micro amounts is not really done. but it seems bank has to report it .but what and how do I report in itr2?

Dear Experts,

The assessee has sold delisted shares bought 15-20 years back having negative book value in off market deal for 1500/- and shares transferred to buyer in Demat account incurring loss of 98000/-. These shares are not traded on the exchanges in last 5-10 years.
Does section 50CA applies to these transactions? If yes, how one can find FMV in absence of financial data for many years? Where it is to be shown in the schedule of Capital Gain?
Secondly, while filing return in form 3 for AY 2026-27 under new regime, the assessee has total income of 16 lac comparing of LTCG u/s 112A Rs. 7 lac and Normal income of Rs. 9 lac. The utility calculates tax on Normal income and Special rate income and allows 87A rebate on tax on normal income.
Is there technical glitch or it’s a correct position?
Your guidance will be highly appreciated.

Thanks

We have filed Income Tax Return for AY 24-25 against which Income Tax have raised demand after adjusting TDS on Salary. Please suggest the solution for this to avoid tax payment.

"On perusal of the Return of Income filed, you have exercised the option of "Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed. However, the Form 10IEA has not been filed under sub-section (1) of section 139 for furnishing the return of income. Hence, your return of income will be processed as per the provisions of section 115BAC (ie., under the new tax regime) and deductions/ exemptions and tax rates as per the said provision will be allowed."

For Financial Year 2025-2026, Form10BD is applicable and Not Form 113. Because Form 113 is applicable for Tax Year 2026-2027. Due date for Form10BD for Financial Year 2025-26 is 31-May-2026.

For Current Submission on 18-May-2026 and 19-May-2026,
Form10BD was uploaded successfully without any Error. However after 24 hours, Form10BE are not available for download. It is almost 2-3 days are over after Filing Form10BD. But Form10BE are not available on Portal.

In previous filing of 13-May-2026, Form10BD was uploaded successfully without any Error. However after checking Status after 4-5 days, I tried to download Form10BE and Following Error Displayed.

The CSV uploaded in Form 10BD submitted is not as per CSV instruction sheet due to which 10BE PDF’s can not be generated. You are hence requested to go through the instruction sheet carefully and file form 10BD again.
Note:
Headers of CSV file shall not be changed.
Date of issuance of URN shall be in DD/MMM/YYYY format. (For Eg: 29/Apr/2022)
Amount field shall be positive and contain numerics only. Do not use alphabets or characters like . Or ,
Pre acknowledgement no. field shall be left blank for FY 2021-22. Do not delete the column or enter zero,hyphen,NA etc.
No changes shall be made in converted CSV file. If needed then please edit the same excel file used before conversion and convert it again into .csv format and upload.


Can any Expert guide me for this situations?

Dear Experts,

Greetings

Kindly guide if I claim TDS immediately after builder has deducted or do I have to wait till end of FY to file return.

Will I get refund of total TDS deducted by the builder?

Thank you.
Sincere Regard
Micheal

My updated return filed for AY 2023-24 becomes invalid due to reason part B ATI refund I am trying from one year to file updated return one more time but it showing error u can ineligible due to third privioso 139 8A Can we file updated return again as per budget 2026 /income tax act 2025

Respected Sir/Madam,
We have only 15G/15H challans in this quarter and no other TDS payments, we have already submiitted form 15G/15H on 15th jan 2026 but while filing TDS Return it ask for challan payments which we don`t have

How to file this return

Please reply

Regards

Tribhuvan

Dear Sir/Ma'am,
This query is pertaining to AY 2024-25.
I had filed the return u/s139(1) under old regime where I had claimed 100% deduction for donation made to "The National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities constituted under sub-section (1) of section 3 of the National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999". However, few days ago I have received an SMS alert from the income tax department saying that "Our records show that you claimed charitable/relief fund donation deductions in your AY 2024-25 ITR. However, based on the PAN you provided, the organisation you donated to may not be eligible for the deduction you claimed.

You need to update your ITR to either add the correct PAN or remove the deduction. To do this,visit https://www.incometax.gov.in. Once logged in, navigate to “e-File” → “File Income Tax Return → “Select Assessment Year” → “Select Filing Type” → choose “139(8A) - Updated Return” → “ Select ITR Type” → “Continue” and update section 80G/80GGC".
As per the provisions of section 80G, donation to the above entity is eligible for 100% deduction.
Now I am getting a tax payable along with interest u/234A, 234B and 234C to pay the tax on this donation amount.
Can anyone please guide me how to resolve this query.
Also is there any way in which I can verify the PAN of the Donee Entity.

Hello

Getting the cited message though I havn't claimed deduction u/s 54F. How to resolve this ?
Pls help