Whether income tax of the previous year paid to be disallowed while computing this year income?and which section

A charitable trust duly registered u/s 12AA of the Income Tax Act 1961 receives donations. Please advise as to which of the following shall be considered to be Annonymous Donations:

1. Donations are received in cash at the office of the trust and the donor gives his name and address but no details of identity viz. PAN or Aadhaar etc.
2. Donor transfers money in bank account of trust but trust does not have details of such donor
3. The donor deposits cash in the bank account of the trust but the trust does not have details of such donor
4. The donor transfers money to the trust through UPI such as Paytm, PhonePe, GooglePay, BHIM, etc but the trust does not have details of such donor.

Kindly advise. Thanks

Is their any provision in Income tax ITR return form to Adjust the principal amount over and above the TCS deposited under Section 206CP.

Incase of Intraday, Speculationa & F&O Turnover is more than 2 Cr in Financial year 2023-24 and if such party wants carry forward loss incurred by such F&O and speculation then what is the way to carry forward such loss?
If audit would be applicable as Turnover exceeds 2Cr in particular financial year?

Good morning sir/s,
One assesee couldn't filed the correct return, he couldn't able to produce the evidence against his claims under chapter VI A, for the same year Income Tax Authorities issued notice under section 133(6) calling information,
can we file updated return of said employee against notice issued by IT Department under section 133(6), and can we file the reply along with updated return computation,

assesee is ready to pay the tax including additional tax there on,

please guide me, how to suggest him

Dear Experts,

For the purpose of calculating surcharge @ 10% on Income exceeding 50 lacs, how long term capital gain on listed shares eligible for 100000 exemption is to be considered?

Foe Example Total income from all the other sources is 48.50 lacs and Long Term Capital Gain on Equity is Rs. 2 lacs( without considering exemption of Rs. 1 lac). Here, total income becomes 50.50 lacs although Tax is to be paid on 49.50 lacs. Is surcharge applicable subject to marginal relief?

Please advise.

Thanks and regards

I am having Income from Business & so i am filing ITR 3 for FY 2023-24

My Tax Liability under both Old and New Regime is Nil

But ITR form is showing New Tax Regime as default regime. For Opting out of new regime, i have to file form 10-IEA ?

In all earlier years i have filed return under Old regime.

If I file return for FY 2023-24 under New regime , Can i Switch to Old Tax Regime in future Financial Years. ?

Please help to resolve the below issue

Travel Concession or assistance [section 10(5)], House Rent Allowance [Section 10(13A)]

T_FV_6354 If 'N' is selected for field 'Whether opting for taxation u/s 115BAC? OR Whether opting out from taxation u/s 115BAC(1A) (Applicable from FY 2023-24 onwards) [Yes/No] ', then no value should be specified under this field for statements from FY 2023-24

I'm a professional doctor. I'm not employed anywhere. I had PPF account in which my PPF interest is above 3.5 lakh p.a. Is this interest taxable or not?

Dear sir/s,

Can 115BAC opt for updated return of employee where as in original return not opted ITR Form 1