This Query has 5 replies
Is there an online facility available for correcting TDS short deduction defaults caused by an inoperative PAN?
This Query has 2 replies
sir I entered in intra day trading by mistake and sold instantly and earned a profit of Rs 201 but after STT the nett amount is loss of 250 , Will I have to pay interest on advance taxes as I am a senior citizen ?
This Query has 4 replies
On conversion of LLP into a company, whether new PAN is supposed to be obtained or can the company use the PAN of the LLP (being a successor).
Also how is the Return supposed to be filed in this case. Whether LLP is supposed to file return upto date of conversion and post that company will file separate return ? In this case, given the e-filing process- the portal would not allow filing two returns for same AY.
This Query has 2 replies
Is profit on sale of mutual fund invested out of corpus fund taxable in the hands of charitable trust registered u/s12A.
where to enter in ITR 7 please clarify
This Query has 2 replies
if a stock purchased in January 2025 and sold in April 2025, then profit from the said transaction will be treated in which FY 2024-25 or 2025-26?
This Query has 10 replies
Sir,
Our LLP has a turnover of 46 lakh so pls share due date and whether audit required
This Query has 2 replies
Sir,
one of my friend has income during 25-26 is below
from rent 8,00,000
bank interest 12,00,000
partner salary 5,00,000
he is above 60 but below 80, and select new tax slab.
my doubt is
1. while compute income tax all income is effected tax slab .is there is any separate tax for bank interest
2. can get standard deduction 75,000 for partner salary
please advise
This Query has 4 replies
If, mr.x purchased property before 2001 and now he sale property in the f.y. 2024-25. mr. X has made property valuation as on 1.4.2001 (which was purchased before 2001) is more than stamp duty value as on 1.4.2001. therefore, Mr. X consider valuation as on 1.4.2001 which is higher than stamp duty value as on 1.4.2001 in their income tax return?
This Query has 2 replies
Dear Sir
Our earlier employee left service in FY 2023-24 & received his EPF balance in FY 2024-25
he left his service after 10 continuous employment years
TDS was also deducted
During FY 2024-25 he only have interest income from sb account and this EPF receipt
How to show the same in ITR
Please reply
Regards
Tribhuvan
This Query has 6 replies
Mr X Software engineer gone to Pune first time to abroad USA on 11 Aug 2024 and come back on 1 September 2025. He was more then 182 during Fy 2024 25.
In India he has only salary income of 3.Lakh.
Which return to file for financial year 2024 25 ITR 1 or ITR 2? .
What will be his residential status . Resident Or Non resident.
I have prepared ITR 2 with non resident. Whether it is correct ? Return not submitted.
Please guide at an earliest
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
TDS SHORT DEDUCTION DUE TO PAN INOPERATIVE