Can we take 44AD For one business and normal provisions for other business at same time.

I have query regarding Capital gains invested in buying property. I own a house where I live. Last Financial year I bought second flat and I have given it for rent. I invested some amount in buying from Redemption of Mutual funds and I invested all the capital gains in it. I Can I avail benefit of section 54F to seek exemption from paying taxes on capital gains?

As per the form 12 BA shared by my employer under the head "Use of movable assets by employees" I see an amount of Rs 1.52 Lakhs. Recently I was laid off by my employer and the work laptop was given to us after the layoffs. I am assuming that the 1.52 lakhs under 12BA is for the laptop. Is this amount tax exempted? If yes then in which article/section can i exempt it from

Pls guide ,

RSU 500 @ $28 is given in 2021
RSU 400 @ $32 is given in 2022

If we have not declared RSU earlier say from 2021 but from cy we declare .

Should i write two entry in
Foreign equity in ITR 2 Schedule FA A3 (for 2021 and 2022)

or one entry with 900 with total invested value

Hi,
I was laid-off from my IT job. I received severance package. This also included ex-gratia of amount 1.5 Lakhs. Is this ex-gratia tax exempted. If yes then in which article can i exempt it from

Our is Chartered Accountant Firm having fees below Rs.50 Lakhs
We are not opting for presumptive taxation u/s 44ADA

Software through we are compiling and filing Income Tax Return gives following warning
As the profit is less than 50% of the Turnover, you are liable to get your accounts audited u/s 44AB. Hence, get your accounts audited, fill up Tax audit data in 'ITR Data entry' window and '3CD' window and select the Due date as '31-Oct-2023 - Audit case' in 'Home' page. Alternatively, declare minimum profit of 50% on Turnover u/s 44ADA. However, if you disagree, you can ignore this warning and generate ITR.

Is Tax audit applicable in our case

Assesse have opted for 44AD in FY 2019-20 and opted out for regular ITR in FY 2020-21 and declared income more than Rs. 2,50,000, which is also more than 6%/8% of Total turnover. Is he eligible for audir us 44AB(e)?

I raised a home loan jointly with my wife and got the property registered in our joint name. Now I have started paying the 100% loan EMIs from my account and the interest payable for the full year is Rs. 266312. Can I alone claim the rebate on a full permissible limit of Rs. 200000/- while filing the ITR?

tis shows wrong business exps.
big diff (about rs. 2 crore diff) in actual vs what tis shows.

what to do? should i hold july 23 return? i can hold the return by 2 months
my view--> ill file the itr, if clarification comes after filing, will tell, i dont know how tis got this figure. correct?

RESOLUTION FIRST

Just now received the resolution from IT Department, thanks to their response:

Resolution: "Dear Taxpayer, in case you are filing ITR-2 then kindly consolidate the donation amount of same PAN and please enter as one line item under Schedule 80G and then retry filing to resolve this issue. In case filing ITR-1 return, then kindly select the Section 80DDB drop-down under Total Deductions and then confirm and retry filing."

PROBLEM STATEMENT

I have been attempting to file the Returns for the last few days. I have completed all the forms and the Validation was also successful.

When I pressed "Proceed to Verify", it displays a Blank Error line with Sl. No. 1 but without any content (screenshot enclosed). I'm unable to remove the error and hence, am unable to submit the IT Returns.

I also noticed that this error has been faced by several other people and reported in various social media. I contacted the IT Help Desk and they asked me to write to efilingwebmater@incometax.gov.in. I have written to them and kept sending reminders. Absolutely no response. We all seem to be waiting for a solution.

As suggested by an expert, I tried to file again. The same problem is repeated.

I spent many hours filling in the data and it is extremely difficult to re-enter the data again and again. Since only a few days are left for submission, request your urgent help in resolving the situation and enabling me to submit the IT Returns on time.