Raj Mourya
This Query has 1 replies

This Query has 1 replies

29 July 2025 at 19:14

EPF Withdrawal Where to show in ITR2

Hi,

I have worked in a company for less than 5 years and left it due to personal issues. As I didn't get work for almost 4 months I withdrew all my EPF amount. Since the amount was withdrawn after I left the company, this withdrawal amount is not showing in form 16.

Since I have done the full EPF withdrawal before 5 years, so i am confused as to how to show this amount in ITR 2. I wanted to ask few questions:
1. Employer Contribution and Interest on it - Where to show in ITR 2
2. Employee Contribution and Interest on it - Where to show in ITR 2
3. I have not claimed EPF deduction in my ITR in earlier years, so the amount which I have not claimed as deduction in earlier years, where should i show that amount. (EPFO has deducted TDS on all amount by the way)

Thanks in Advance


narayan
This Query has 3 replies

This Query has 3 replies

I have gone thru ITR 2 of fy 24-25, but am unable to know how to present the 54 F ( equity ) disallowance of previous fy 23-24 in ITR 2 in fy 24-25 since I will also be claiming both 54 F (equity) and 54 benefits in the current Fy24-25. I have checked with a few CA friends, but have not received any clear reply.


MAHESHAA
This Query has 2 replies

This Query has 2 replies

30 July 2025 at 11:35

26QB-TDS property TDS

1 buyer 30 seller property value 26000000/- , I have to prepare 30 -26QB so what will be the total sale consideration amount in 30 -26QB form is 26000000.00 or as per ratio??


Sathi Kum
This Query has 4 replies

This Query has 4 replies

FY 2024-25; ITR2 online eportal used for filing.

Dear Sir/Madam,

Debt Fund LTCG losses prior 23/7/24 not offset against gains incurred from transactions post 23 /7/24 .
Txn before 23/7/24- LTCG Loss Rs 10K.
Txn Post 23/7/24 - LTCG Gains Rs 25K.
ITR2 online Portal shows gain of 25K instead of 15K. Is this correct ?. Shouldn't the effective gain be 15K instead ?

Thanks.


Piyush
This Query has 2 replies

This Query has 2 replies

Whether to disclose Property received as Gift from Parents in IT Return?
If yes then where to show?


TEJAS AGRAWAL
This Query has 4 replies

This Query has 4 replies

My client is an employee working in multinational company. He purchased some Shares from New York stock exchange in 2022 to 2024 in small units and in Jan 2025 he sold all the shares.

i want to know how i have to present this transaction in Income tax return in CG Schedule.
also Weather i have to give report with bifurcation as per purchases or directly single entry i have to mentioned.
In single entry what will be the date of acquisition then ?? as i have to convert share price from US doller's to INR date wise.


Ashish
This Query has 2 replies

This Query has 2 replies

27 July 2025 at 22:26

TDS U/S 194S

Dear Expert,

In A.Y 2024-25 there were a TDS u/s 194S an amount of Rs 60
1) plz suggest me which ITR to be filled for this, with another income is from business.

2) can i file the ITR U for this with a late fee of Rs 1000

3) Is TDS amount can be adjusted with late fee of Rs 1000 ? or should i have to unclaimed the TDS and 194S income in that year ?

Plz suggest, Thank you


Suraj
This Query has 6 replies

This Query has 6 replies

27 July 2025 at 21:03

Discontinuation of 44AD

Dear Sir / Madam,

My question is as follows:
Mr. A is a GST-registered dealer providing gaming services. He reported his income u/s 44 AD for AY 2023-24 & AY 2024-25.

In AY 2025-26, he suffered a loss of Rs. 450000/- and doesn't want to continue u/s 44AD. His other income includes Interest income of Rs 12563/- and no other income.

1) Can he opt out of section 44AD and report his P&L Balance sheet and claim a loss of Rs. 450000/-?
2) Will he be liable to tax audit if he opts out of presumptive taxation?

Please guide
Regards,
Suraj


P Goel
This Query has 8 replies

This Query has 8 replies

I had filed form 26QC correction and it has been approved by the landlord but now its stuck on AO approval. Will there be a problem getting the approval from AO? How to find out his contact details and what are the documents required to be submitted to the AO?


VAIBHAVI COMMUNICATIONS
This Query has 2 replies

This Query has 2 replies

Hi Sir , One Jaibhavani Medical Enterprises Partnership form , GST Registration is there from Jan 2025 , in Three months two three purchase Bills and two Sale bills.Net GST turnover from 01-04-24 t0 31-03-25 ,1,30400/- ( jan 25 to mar-25 ) which itr used for filing






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