Sir/ Experts,

I draw EPFO (Employee Provident Fund) Pension and get ICICI Prudential Life Annuity.
Is this amount eligible for deduction under Standard Deduction for FY 2025-2026 (AY 2026-2027) in the new Tax Regime ?
Appreciate response.

Best Regards, Krishna

Mr A purchased a flat in January 2008 and sold it on 15th March 2024, generating a long-term capital gain of Rs. 19.60 lakhs.

He invested Rs. 40 lakhs in an under-construction property on 20th March 2024. The possession of this flat is expected in August 2026.

He has plans to sell this flat immediately upon receiving the possession for Rs. 45 lakhs. Will the earlier LTCG of Rs. 19.60 lakh become taxable?

Neither the sale agreement has been entered into nor has any allotment letter been received till date.

I wish to know his tax liability.
Kindly revert.
Regards,
Suraj

Sir,

Bank account for refund is nominated. However whilst filling itr2 it still asks for nominating bank account for refund. Please advise how to fix otm

Thanks & Regards

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

After reading a few questions on tds under 195, I got a few questions, if anyone can kindly help me understand.

1. If I purchase courses from coursera for personal use. The invoice mentions their foreign address. Do I need to deduct TDS under section 195. I have also purchased a few courses from udemy but the invoices mention Haryana office.
2. As a part of the same question, do I need to deduct tds for payment to Netflix and prime video. Both of the invoice have the India address of Netflix and prime.
3. I have also booked travel air tickets from Agoda and few sites which also have their foreign addresses in the invoice. Do I need to deduct TDS in this case?
4. Also, as an individual, what should I check to know if I need to deduct TDS?

As an individual with no audit or anything, is there any scrutiny for these things