This Query has 1 replies
Is interest on extended SCSS taxable wef F.Y.2026-2027?
This Query has 1 replies
Sir,
My wife earn salary income FY 2025-26 Rs. 105000/- and Long term Capital Gain on Share of Rs. 30000/-
Its need to we file the ITR -2 or its not file return due to taxable income not crossed .
Thanks & Regards.
SANJAY
This Query has 5 replies
The husband transferred securities worth ₹9,84,783 to his wife's demat account through an off-market transfer. Subsequently, the wife transferred securities worth ₹9,89,983 back to the husband's demat account through another off-market transfer.
Please advise on the income tax implications of these transactions in their respective Income Tax Returns (ITRs), including whether any tax liability or disclosure requirements arise for either spouse.
This Query has 3 replies
Sir,
Usually Figure of Equity Shares and their values differ as shown in AIS and that shown in Broker's statements. This may happen because of many reasons of data mismatch .
If figures are different then P&L will also be different.
Under this situation , query;
1. Can we consider only Broker's statement of Capital Gain as prime source ,for reporting Capital Gain on shares by uploading broker statement with ITR filing in Schedule of CG and ignoring figures of AIS.
2 Can we ignore giving "Option " input information against each entry in AIS, because of large nos of transaction.
3. Is any reconciliation is compulsory or Optional ( as data is voluminous )
Pls guide pointwise what is right approach. Thankyou.
This Query has 1 replies
Instead of sale, if I switch my units to other category, will I have to pay the LTCG on the difference ?
This Query has 1 replies
Sir,
During the FY 2025-26 i have share short term loss Rs. -693 and long term profit Rs. 5889/-. i have shown respective schedule value but in the column Receipt column negative value for short term loss not taken then where to show it. how is rectify because if i shown only short term loss but it must tally with report.
Please guide me.
Thanks & Regards
Sanjay
This Query has 1 replies
i purched swiggy unlisted share at 50/- per share early 2015, after ipo today i sell at 249/- per share 500 shares.
tell me Capital gain.
This Query has 1 replies
Salary and pension received from Asian Development Act is exempt under UN Privileges and Immunities Act and till last year we used to show under OTHER EXEMPT INCOME. But for this year tax return they have removed the option of other exempt and we have to select section respective section 10.But I do not find specific section under 10.
My querry is how to show this exempt income in this year return?
This Query has 1 replies
Hi Experts,
I am currently in RNOR Status. I have been investing in Indian Growth Mutual Funds (No Income generated as of yet) from past 1 Year. The source of the investments are as below
1. My own Income
2. My In Laws FD Interest Income (FD were created as gift from us from foreign)
3. My Foreign savings
can you tell me best approach to report it ?
1. As I am in RNOR no need to report it as govt gives us time to transfer money
2. Create Gift Deed every year
3. Report in Schedule Exempt Income in ITR Filling
Appreciate your advice.
Thanks,
This Query has 1 replies
For issuing notice u/s 143(2) for AY 25-26 30th June, 2026 was the last date ?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Interest on SCSS