A person from tamilnadu bought rural agriculture land in 1994. he want to sell it now 2025. if he sells what are the taxes he must pay

this is a strange case of i having applied for rectification of cit(a) order to cit(a) as cit(A) has mixed up figures with some other case with him in his original cit(a) order.

my q--> can we appeal to tribunal when rectification applied at cit(a) is still pending by cit(A) ?

my view--> yes, as rectification is pending by cit(a) since 1+ year and demand is being pressed.

Sir, Any tribunal order, be it Service tax, exicse or customes, /where and how do know as to whether till today that order holds good, I mean, not overuled by higher courts/Higher Courts decisions

Sir/Madam

Can anyone guide me any CA Certificate is required for FNO transaction made during the fy 24-25 for filling of income tax return.

Profit is taxable under the head Speculative business income??

Thanks

Employer has reported excess salary of income and recovered TDS also for the FY 24 - 25. This fact has known now only. How this excess salary reflected in 26AS can be rectified now. There's is an excess salary of about 4 lakhs shown in 26 AS.

An individual receives two types of income from the same concern — salary and consultancy fees — and TDS is deducted under Section 192 and Section 194J respectively. under which head the income to disclose and whether sec 44AD is applicable to Consultancy income ?

Salaries for the month of Jan-24 to Mar-24, were neither paid by employer nor appearing in 26AS, but it is appearing in AIS, employer paid and reported in 26AS in 2024-25, so for this 3 months salary when the tax liability arises in 2024-25 or in 2025-26?

Further please, clarify whether salary not reported by employer in 26AS/Form 16, is not due? or it will be treated as due?

Hello Sir,

My mother is senior citizen pensioner her annual income is around 5 L ( pension 2.5 L + Agriculture income 2.5 L).

I am salaried and I have open FD (tentative amount 20L) from My mother account be transferring amount to her account to get senior citizen benefit.

Now its showing Purchase of time deposits amount as 20 L. If Income tax ca ask query for same if Yes how to reply? Or Shall I need to show this amount in ITR. If yes in which section?

Sir/Madam

One of my friend have made FNO during the fy 2024-25 and he want to prepared tax computation. How he is to know Categories of FNO scripts??

FNO transactions are made through Grow platform.

Thanks in advance

Sir,
I've incurred 3000/ loss in intraday cash(non f&o) trading and my intraday turnover is 12,660/ . But my total income is more than 7,00,000. I would file ITR 3 for AY 25-26.

My question is:
Is there any way I can avoid audit ?

Thanks,
Shantanu