Venkateshwarlu Pulluri
This Query has 2 replies

This Query has 2 replies

good evening sir/s,

how to apply PAN of NEWS Paper PUBLISHER, either in proprietary or in any other status,

please inform me


hemant gawale
This Query has 2 replies

This Query has 2 replies

Son died in an accident Compensation received after 10 years through court court advised to pay claim along with an Interest
Th Insurance Co Paid the claim as well as Interest and deducted TDS on interest under section 194A
1)Whether the Interest is taxable in the hands of his legal heirs
2) If yes while filing Return where to put the sum of Tax Free Interest and under which section
3) Whether CPC will accept the same


A Khaitan
This Query has 10 replies

This Query has 10 replies

ASSESSEE SOLD A RESIDENTIAL FLAT-A IN JAN'25 FOR 1.5 CRS.HE HAD BOOKED ANOTHER UNDER CONSTRUCTION FLAT-B DURING 2021, FOR WHICH HE HAS PAID 1 CR TILL NOW AND WILL GET POSSESSION OF THE SAME IN FEB'2026.
WHETHER HE CAN CLAIM EXEMPTION OF 1 CR UNDER SECTION 54 FOR THE SAME AS HE IS GETTING POSSESSION WITHIN 2 YRS OF SALE OF FLAT-A.?


Shrawan Kumar
This Query has 2 replies

This Query has 2 replies

30 July 2025 at 17:03

Taxable part of immediate annuity

I know that annuity income is taxable. I want to know in case of immediate annuity , is part of it non taxable due to exclusion ratio concept? If yes, how to calculate it ?


RAJ
This Query has 2 replies

This Query has 2 replies

30 July 2025 at 15:43

ITR FROM FILED

WHICH ITR FORM TO BE USED FOR RETURN FOR SALARY INCOME+ 44ADA INCOME ??
AS HALF THE YEAR UNDER SALARY INCOME AND HALF YEAR AS CONSULTANT INCOME


Pratik Patel
This Query has 6 replies

This Query has 6 replies

30 July 2025 at 14:05

Salary u/s 194C

Dear Sir,

If a person getting a salary and employer deduct the TDS under section 194C. in this case Have I to file a ITR-1 salary return or ITR-4 business return 44AD?
he is delivery boy of flipkart.

Thanks and regards,

Pratik N Patel


Husseini
This Query has 6 replies

This Query has 6 replies

30 July 2025 at 13:14

Nill TDS Return FY 2025-26

I have deducted TDS on Rent and filed TDS Return for the F.Y 2024-2025. Now Rent payment amount is under Rs.50000/- and tds not deducted. Does Nill TDS return is mandatory to file or any declaration to submit the Income Tax department for Nill Return


VIKAS KUMAR SHARMA
This Query has 2 replies

This Query has 2 replies

Sir
tds Rs 25540 was deducted in fy 2023-24 against fdr; individual has no other income
can we claim tds in itr-U fy 2023-24 (previous itr not filed)


LoneWolf
This Query has 6 replies

This Query has 6 replies

I held an NRE account last financial year. I converted it to resident savings account this financial year. I am not able to find the type NRE in the IT portal. Portal has NRO though. What should i do in this case? Should i add it as savings account?


Shankar Rao
This Query has 2 replies

This Query has 2 replies

Respected professionals
I have filed my return of income for the Asst Year 2025-26 declaring income of Rs.7,00,000 and claimed refund of Rs.70,000 and refund also credited to my account along with interest of Rs. 1,300. but my correct income is 11,20,000 and actual tax liability is 71,200. now I want to file revised return of income but while filing revised return I have prompted to pay only balance tax of Rs.1,200. if I paid only 1,200 balance tax along with revised return what about refund already received from income tax department kindly advise me how to return the refund already got
thanking you all






CCI Pro



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