Whether a son can claim deduction u/s 80DD for expenses incurred for the maintenance of his father's partial disability. The father is also a teacher and is having taxable income .

A charitable trust registered u/s 12A and u/s 80G of the Income Tax Act, 1961 has a bank account in which donations are received from the general public through cheques, bank transfers, cash deposits at various branches of bank across India, payments through UPI, etc.

Some donors do not communicate with the trust regarding their donations deposits in bank; therefore, the trust is not in a position to identify the donor.

My query is about the treatment of donations for which the trust does not have details of donors, whether such donations shall be treated to be Anonymous Donations for the purpose of s.115BBC ? Whether the donations received otherwise than through cash deposit though the details of donors is not with the trust, will be termed as Anonymous donations? What will be the treatment of donations deposited by donors at bank branches in cash whose donors are not known?

Further, some donors have provided their addresses but did not provide any identification details such as PAN / Aadhaar, etc. Will the donation from such persons be treated as Anonymous?

Kindly guide and oblige.

DEAR SIR,

ONE OF MY CLIENT PURCHASED AN AGRICULTURAL LAND HE IS DEVELOPING THE LAND AND SELL ONE BY ONE IN THIS YEAR NOW HOW TO CALCULATE CAPITAL GAIN ON SALE HOW TO DETERMINE EXPENDITURE TO REDUCE THE CAPITAL GAIN TAX. BECAUSE NEARLY 50 PLOTS WILL BE DEVELOPED ALMOST HE RECEIVED MAXIMUM AMOUNT IN CASH. DOES HE NEED TO OBTAIN GST REGISTRATION OR NOT ONLY HE HAS TO PAY INCOME TAX ON SALE OF PLOTS.

REGARDS

Assessee has sold a land and earned LTCG, which he has invested in construction of new residential house on an existing plot of land, so is the assessee eligible to claim the exemption u/s 54F, by contructing new house on old and existing plot?

Dear Experts,
My Client sale aluminum scrap, heavy melting scrap etc.... In this case any liability TCS on these scrap ??

Hi, I just wanted to know weather income from house property below 2 lakhs, is to be declared in the ITR. This year my income from business will be approx 10 lakhs and I have a appartment which I have given on rent for Rs.14,500/- per month. So am I liable to pay income tax on the rental income?
Thankyou.

How to nullify the old demand of A.Y.2009-10 of a Railway employee, the TDS Return has now been corrected by the Railway Employer and TDS Credit appearing in 26AS of A.Y.2009-10 in December 2023 , by pursuing them several times. Please guide. Thanks.

One of my client is running a petrol pump business. they bought petrol worth Rs. 15 crore during last F.Y 2022-23, from HPCL .. is there a requirement to deduct TDS u/s 194Q?

my Client has deducted TDS U/s 194Q from HPCL,
Now HPCL is denying to adjust same in bill.. and deducted TCS U/ Section 206C (1H)

now what option my client have.. plz guide

I am a salaried employee having around Rs.3 Lakh gain in capital gain of long term. Therefore I want to transfer shares from my demat to mothers demat and sell the holdings from her account. So what documentation will be required for transferring the share? Will I have to prepare Gift Deed or not?? And in whose hand long term capital gain tax will arose?

I HAVE PURCHASED A PROPERTY ( 3 Bhk FLAT) ON 24-03-2020 .
I HAVE NOT REGISTERED THE PROPERTY AND I AM SELLING IT ON 09-10-2023.
WILL THIS BE TREATED AS LONG TERM CAPITAL GAIN AND CAN I CLAIM EXEMPTION FOR LONG TERM CAPITAL GAIN.