IF FOUR PARTNERS A,B,C & D FORMS ONE PARTNERSHIP FIRM AND ALL PARTNERS HAVE INVESTED IN SHARE MARKET AND EARNS GAIN OF RS.100000 NOW CAN THEY SHOW SUCH GAIN IN THE HEAD OF PGBP AND CAN THEY DEDUCT EXPENSE FROM SUCH PROFIT?
(PS: DEMAT ACCOUNT IS IN THE NAME OF FIRM)

Taxation upto Rs 7.5 lakh under new regime for FY23-24

Hello,Income tax deducted on payment received against sale of Virtual Digital Assets. How to calculate capital gain when there is no Purchase value is available Experts/Learned persons opinions are sought.

PLS REPLY.

Is the new rules on capital gain tax announced on 23 Jul 2024 applicable to
property transfer made on or before 22 Jul 2024 but after 01 April 2024.

Will I get rebate in income tax return both under new and old regime? What is the exempted income both under new and old tax regime system? Pl clarify in details?

Assessee Partnership Firm having turnover of Rs.1.10 Cr
Their cash expenses or receipts do not exceed 5% to total expenses/turnover

My question is in this case tax audit u/s 44AB is applicable ?

IF ITR OF ANY ASSESSMENT YEAR IS ALREADY FILED BUT WRONGLY FILED SO CAN WE FILE ITR U OF SUCH ASSESSMENT YEAR BY RECFYING SUCH MISTAKES?

Sir
I filed original return for AY2024-2025 on 8th June 2024. I received adjustment notice under 143 IA disallowing deduction amount. I revised ITR without claiming the deduction which was claimed in original return. I received 143 intimation order for revised return. Should the revised ITR intimation order will be considered final order for AY2024-2025.

Dear Sir,
I was filed ITR 4 previous FY 2022-23 for presumptive business income but current FY 2023-24 presumptive business income and STCG of shares now can i file in ITR 3 on the same presumptive basis ......