if we deducted tds and paid after deducted amount to party but after 8 month we received its credit note than should we reverce its tds or not

Dear Sir,
I field ITR-3 for FNO trading for Ay 2025-26 for Income is not greater than Basic Exemption Limit in Java commen utility,
In schedule Exemption income( EI ), I fill interest Rs.5500 of PPF Interest in interest column and LIC maturity value Rs.89000 in other of 10(10D) life insurance,
But at the time of ITR validation there is error description is [#/ITR/ITR3/SchedualeEI/otherInc:required key[NatureofDescDivName]not found] and In sugggestions is Please contact the Developer of your utility with the error key.
So please know me about what I have do?
Regards,

I was working as private employee and retired after completing 60 years. I received gratuity income and leave encashment after retirement. In form 16, these two part are showing under less deduction section Gratuity section 10(10) and leave encashment 10AA. Do i still need to submit form 10E to claim tax exemption on these two part.

Dear Experts,
I seek your guidance regarding a client’s foreign investment disclosure issue.
My brother (Resident and Ordinarily Resident) had invested in foreign shares during FY 2021–22 (AY 2022–23) and made further investments in FY 2022–23 and FY 2023–24. However, he did not report these foreign holdings in Schedule FA in the ITRs filed for AY 2022–23 and AY 2023–24.
As of now, he still holds some of those shares and wishes to disclose them correctly in the current ITR for AY 2024–25.
Additional Details:
• Residential Status: Resident and Ordinarily Resident (ROR)
• Years of Investment: FY 2021–22 to FY 2023–24
• Dividend Income: Minimal dividend was received in one or more years (but was not disclosed)
• Total value of shares: Never exceeded ₹1,00,000 in any year
• Current return filing: Planning to file ITR-2 for AY 2024–25
Kindly advise on the following:
1. What are the possible consequences or penalties for non-disclosure of foreign shares and dividend income in earlier years?
2. Can he now disclose only the currently held shares in Schedule FA of AY 2024–25, or is it mandatory to revise or update past ITRs?
3. Is it advisable to file Updated Returns under Section 139(8A) for the previous years even if the dividend income was minimal and tax impact negligible?
4. Will such voluntary disclosure now reduce the risk of scrutiny or penalty under FEMA or the Black Money Act?
Looking forward to guidance from the CA community. Thank you in advance.

Is form 10E to be filled for leave encashment and gratuity received at RETIREMENT?

Whether unutilised TDS in the previous year, can be used in the subsequent years, kindly clarify

Please find the bug below and let me now how this can be resolved.
This is for ITR2 online filing for AY2025-26, regarding TDS Section for Sale of Property:

1. TDS Section is prefilled with the value "Income from Capital Gains" For Head of Income (Col 12).
2. However, during final validation, I see an error that states the below:
Head of Income (Col 12) - Please select the drop down of head of Income for which corresponding income offered in schedule TDS 3
3. I tried going to TDS section for the sale of property and go to edit mode and then tried to select the value from the "Head of Income" drop down. However the prefilled value "Income from Capital Gains" is missing in the drop down. Only the 3 values "Income from Other Sources", "Income from House Property" and "Exempt Income" are available.
The option "Income from Capital Gains" is missing from the drop down for Head of Income (Col 12) in the TDS section. This is what is causing the validation to fail.

Above is validated from a retired software engineer.
Please let me know if any one has encountered it and how this can be resolved.

This is preventing me from submitting the ITR2. Also let me know, if I can select one of the available option like "Income from Other Sources" and proceed. I am concerned as the amount received is from a property sale and it cannot be categorized under a different head and may trigger audit. I tried discarding the draft and starting a new filing (instead of resume), but the issue persists.

Please help. Thanking you
MR

Respected Colleagues,
A person sold his agriculture land and wants to file a ITR now, but the point is, In Sale deed type of land is Rural agriculture land but the land is situated 3 Kms within MC Limits and TDS 1% 194IA also deducted by builder,
Now my question is if we considered sale deed then its a rural agri. land but TDS 1% deducted and also near MC Limits

Please guide what i do in ITR

Hello Experts,

Can a HUF claim deduction for contributing to PPF account of Karta.

Thanks in advance.

please elaborate on the subject, i am so confused