Hello,
I have been filing ITR2 all these as my income is mostly House property, LTCG and other income. But this year there was a single INTRADAY transaction in which I made a profit of Rs. 9000, due to this should I file ITR3 or can I continue with ITR2?

Please help.

Thanks

Sir, I was having RNOR status of 2 Finacial years which expired on 31st March 2023 thus changing my status to ROR for current FY 2023-24. My query is that my Saudi Arabia bank account holds balance money as a result of payment of retirement benefit ( gratuity) + Salary arrears paid after I returned to India permanently in January 2021 after 15 yrs as NRI continuously then. What is the tax implication of bringing this money to India now ?

I have a big doubt about Rent recd as fallows.
A is the owner of building and made all required furniture and other items to run a PG.
Now he has join hands with 'Y' to run the P.G. Now Y gives to A about 75 percent of accupency of PG. as rent and balance he will retain for maintenance, and the amount so recd is not equal for all the months,. Now shall we consider the amount so recd as rent and get all the benefits under rent receipts in computation of income tax, or to show the same as income form other sources.
Please clarify
Thanks in advance,
K.B.NAGESHA RAO

Sir,
Please help me for my subject

1.I purchased flat in year 2000 of Rs.7,00,000.00

2.I sale of this flat of Rs.35,00,000.00

As per calculation 700000/100 (2000 Year Acquisition Cost)X348 (2023 Year Acquisition Cost) =24,36,000.00

35,00,000-24,36,000.00 (Please suggest my Calculation is Correct)

3. 35,00,000.00 (-)24,36,000.00=10,64,000.00

4.My Question is compulsion to total price of Rs.35,00,000.00 invest in new home

5.10,64,000.00 Compulsion invest in Bond

6.35,00,000.00 (-) 10,64,000 (Capital Gain)=24,36,000.00 i can invest in my choice section e.g. Purchase New Shop,Purchase Car,Purchase Land

Please suggest me

Please direction to me

Hello Experts,

Request to let me know If an individual pays Adobe for a subscription for its plan of using Photoshop, he is not supposed to file Form 15CA. But if he takes reimbursement from a Company where he is employed, then whether the company should file form 15CA?

While filing ITR3, I am getting the following error:
Part BTI, Sl. No. 19 Deemed Income u/s 115JC is not equal to Sl. No. 3 of Schedule AMT

But both the values are equal.
How to resolve this error?

Hello All,

Is TDS applicable on wellness and nutritional plan. HSN Code 999319,996311.

Sir

A resident female individual wants to send some amount say Rs 6 Lacs from her saving account in India , to her Daughter-in-law 's overseas bank a/c abroad thru wire transfer under Liberalized Remittance Scheme. and within prescribed limits.
As Spouse Of Son is NRI and therefore following queries :-

1. Is this transaction including mode of transfer covered under Exempted Gifts List ?
2. Is Daughter- in- law is liable for any Income tax in India. ?
3. Is Resident individual ( i.e sender ) liable for any withholding tax in India when her daughter in law is filing IT return in India also on Indian Income. ?
4.Is NRI Daughter-in law required to show or report this amount anywhere in her ITR in India. ?
5.Can remittance be made appropriately under head of' Maintenance of Close Relative ' abroad. ( Definition of ' maintenance ' not defined anywhere ).?

Please guide on above.

when am filling am getting this below error : In Schedule VIA, deduction u/s 80RRB plus 80QQB cannot be more than the sum of Schedule OS (Sl. No.1e) plus Sch Profit and Loss (Sl. No.15)

how to resolve that error.

any one can help me, or what app solution : 9619772178

Let's say a person named DEADMAN dies at the start of the fiscal year and has TDS of Rs. 100. Person HEIR is the legal heir of DEADMAN and claims the income and TS in HEIR's tax return while also paying the entire tax himself. At the same time, DEADMAN's tax return offers the income and TDS to the HEIR's PAN number in the deceased's tax return.

Who gets the Rs. 100 TDS credit and refund in their tax return? DEADMAN (the deceased who originally paid the TDS and offered it to the legal heir) or HEIR (who paid taxes on the amount and claimed the TDS in his tax return).