Hello! Experts,

If my deposit interest income and short-term capital gains in FY24 add up to about ₹6 lakh, do I still need to pay STCG tax and file returns for A.Y. : 2024-25?

Thanks in advance

sir,

Expert can any body tell me about calculation of Vda Tax Manually

my question->for asst.2122, in itr7, in 1st page, Part A, general info, do we have to write new 12AB registration details? my view, no only 12A is required for asst.2122.

my facts -->for asst. 2122 , 12A old registration is required, but 143(1) disallowed my section 11 exemptin stating 12AB is required, not 12A so i am in cit(a) now

my view--> 12AB is only for asst.22-23 onwards, not for old asst.2122 because, 12AA(5) was amended w.e.f. 1.4.2021 onwards in finance act 2020 (hence 12AA(5) omitted w.e.f. 30.6.2020 date and postpone new 12AB to 1.4.21 (i.e. asst.2223 onwards) i have chandigarh tribunal also in my favour, but anxious , awaiting cit appeal disposal... ,


anyone has filed asst.2122 itr7 for no bussines income pure religious trust?

Dear Team,
We have a filed form 27Q for transaction sale of immovable property by NRI to resident, resident deducted TDS @ 20.8%, filed return showing NRI pan and got error intimation with short deduction demand showing NRI PAN as inoperative even his Aadhaar was linked to PAN.

Please suggest the ways to resolve this error.

Do we need to TDS on the prize won from the running competition

Can the Asset Liability schedule filed with ITR3 be rectified after assessment is over if an apparent discrepancy is noticed. If so, under what section?

I am a freelance Photo editor, working for a ecommerce company. They deduct TDS u/s 194(C) from my payment.

Also I sold few mutual funds.

Now in ITR 3, Can I show my income u/s 44ADA with 14005 (Other IT-enabled services)? Or, can it be added u/s 44AD with 14010 (Other computation related services)?

how to claim long term capital loss if holding period more than two years

My query is that how can we claim the deduction (for example as deduction claimed u/s 80P of the Income Tax act, 1961 by the societies providing credit facilities to its members) in respect of excess of income over expenditure in a union of bank employees claiming exemption u/s 10E.

However, I want to bring one thing to your notice that the assessee is a Union of members (who are bank employees) which has been established for the welfare of the members & for managing all the expenses related with administration of Union. The total of income side of assessee has been taken by making total of all the donations, subscription & interest on investments held by union (i.e. deposits etc.).

Sir, my client converted his agricultural land into residential plots and sold 20 plots and then the amount received he has constructed his own building, land converted on 29/06/202 and sold on 27/09/2022. House construction started in November,2022 and still at unfinished stage.
Can he claim long term capital gain exemptions