One of my friend has started consultancy services. He is receiving professional charges from corporates after deduction of TDS. He is also having house property loss.
Please inform me the required ITR form for filing IT return.

Pls guide how to download 26AS for A.Y. 2007-08. From Income tax portal we are able to download 26AS from A.Y. 2009-10 onwards. But for A.Y. 2007-08 it is not available in Income Tax portal. Can anyone help me to download 26AS i.e Annual Tax Statement u/s 203AA from any other site?

Sir,
Latest Conso file generated today but on clicking "create file" button, it is showing error code
"T-FV-1040 Consolidated File is mandatory for validating a Correction File". This is TDS return correction for Q4_26Q_FY_2024-25 and i am using RPU Version 5.7 downloaded from https://tinpan.proteantech.in/downloads/e-tds/eTDS-download-regular.html

Please guide, why this error is showing.

Dear All,

I have purchase home on 20-02-2001 for Rs. 2,51,000/-

I have sold the same on 25-03-2025 for Rs. 23,00,000/-

I have again purchase new home on 25-06-2025 for Rs. 15,00,000/-

Index cost of old home is Rs. (251000*363/100) = 9,11,130

Capital Gain = 23,00,000-9,11,130 = 13,88,870/-

What is my tax liability on long term capital gain for FY 24-25?

Is it NIL or i have to invest full amount of sale consideration i.e. Rs. 23,00,000 to claim exemption under section 54?

The above confusion is due to change in rule related to long term capital gain from 23.07.2024 budget.

Thanking You
Nirmal Dave

I am registered on the Income Tax portal and my income is only from interest on savings bank account. The total interest on my savings bank account is 20000 per annum. It is visible in the AIS statement. Is it necessary to file ITR?

My income is only from savings bank account interest. My total savings bank account interest is 20000 per annum.
Is it necessary to file ITR?

While paying TDS under 26qb if i am getting this message Please enter proportionate share of Stamp Duty Value. What should I do?
I am keeping total value of consideration and total stamp duty value same

I have sold my parental house inherited in 2022 after 23/07/2024 in March 2025. The house was built by my father in 2002. Will I get the indexed cost of acquisition or not?? Updated tax utility software is not giving the indexation benefit. Please advise
With regards
CA Pradeep Kumar Garg Meerut

Hello experts, I am a salaried individual, my slab is already in 30% taxed (40lakh salary). Now I have a building which i want to rent. Expected rent is 25 lakhs yearly. Please help me plan my taxes so that i can save in taxes. Is there any way i can take these rentals in HUF account. Or if there is any thing else please let me know.

Is it mandatory that the recipient or payee with respect to Section 194R should either be carrying out a business or is exercising a profession? Or can the payee be any person who is a resident?