This Query has 1 replies
ITR 1 fully reconciled filed on 23 june with a refund of rs 27030 taxable income rs ten lacs. Greivance submitted gives standard reply stating that they have time till December 2027
Any clues???.
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Sir, One of my clients, have given a plot for development on 12-10-2021 and he got two flats allotted to him against the plot given for development. The 2 flats alloted to him got occupancy certificate from municipality on 30-9-2024. He had forgotten to tell the information while filing his ITR for 2024-25 FY. In 2025-26 FY he has sold one flat and one is kept for him self. As on the date of getting occupancy certificate he has one house only. Can he claim the exemption under section 54F on one flat and offer LTCG on the sold flat in ITR for 2025-26 FY or He has to revise his ITR already filed 2024-25 FY , by claiming exemption on one flat kept for him under Sec.54F and pay tax on LTCG on sold flat . Please kindly give your expert advice to the above questions.
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We are tie up to one hospital for services of medical
Facility, such as operation, consultation, Lab test, etc.
Such service we give to poor people.
Can this service we are applicable for deducting tds.
If yes which sec. And rate
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what is the treatment of commodity trading in itr form for AY 2026-27?
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Our company paing hospital bill for needy patient.
Bill include medicine cost, room charges, surgery charges, lab test charges, Dignosis charges.
Can above bill payment tds u/s 194 Q applicable.
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Sir, my annual income is below ₹2.5 lakh, and I have been unemployed for the past two years with no current source of income. I am currently managing my monthly credit card payments of around ₹35,000 with the help of my relatives and some of my old savings.
Now, I want to stop filing my ITR because, due to my ITR filing, my entire family’s ration card has been discontinued, and I have also been removed from other government schemes, even though I currently have no income.
Therefore, I would like to know whether I can stop filing my ITR permanently. Could this cause me any problems?
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"Is a tax audit mandatory for a LLP with a turnover of less than 1 crore , and is the income tax return valid without a tax audit?"
similarly in case of company if turnover less than 1 crore then only income tax return valid without tax audit?
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SIR
MR A SOLD OLD GOLD ORNAMENTS RS 2,64,000/- 20 GRAM RS 13200/- PER GRAM AS ON 10.05.2025 WITH BILL. THE OLD GOLD PURCAHES AS ON 05.1.2023 RS 110000/- AND NEW ORNAMETNS PURCAHSESD RS. 320000/- PL WORKING CAPITAL GAIN STATMENT
THANKS
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SALE SHOWS ACCORDING SERVICE PROVIDE (FY 24-25) BUT SERVICE RECEIVER (GOVT DEP) SHOWS SALES IN 26Q FY 2025-26 (AS PAYMENT MADE YEAR)HOW TO CLAIM INCOME TAX REFUND. SALE SHOWS IN GSTR & ITR FY 24-25 .ALSO WHAT TREATMET IN GST RETURN & INCOME RETURN
This Query has 1 replies
Sir
Greetings
Can I get clarification as to whether the Banks need to report interest details in Form 168 even if no TDS is deducted?
The present Form 168 has a separate table for reporting interest details when the customer submits Form 121. Moreover, the Banks earlier were reporting interest paid during the year in Q4 reporting, even when no TDS was deducted.
Thank you
Chari
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