Income Tax QnA [Resolved]

All Resolved Open

sivareddy

This Query has 2 replies

04 July 2025 at 16:13

Is Interest Income Business Eligible for Section 44AD or 44ADA?

manohar boddeda

This Query has 2 replies

04 July 2025 at 16:04

Last date of completion of assessment

In the AY2018 scrutiny assessment had begin and from assesse all the reqired infomation have been furnished but till the date their is no response from the department about completion of assessment which remedy is available ?

praveen Nautiyal

This Query has 2 replies

04 July 2025 at 15:34

ONLINE TDS CHALLAN CORRECTION.

WE WERE MADE TDS CHALLAN FOR WRONG ASSESSMENT YEAR NOW TILL WHICH DATE CAN THE ONLINE TDS CHALLAN BE CORRECTED ?

deepak

This Query has 2 replies

04 July 2025 at 14:36

ITR FORM AND SECTION RELATED

A client has purchased property for Rs. 1 crore only during financial year 2024-25 and not sold any property and his business turnover is Rs. 1 crore 85 lakh. Can we file IT return under SEC 44AD in ITR-4 FORM?

P.Madhivadhanan

This Query has 2 replies

04 July 2025 at 12:11

FAMILY BENEFIT FUND AT THE TIME OF RETIREMENT

A State Government employee receives Rs.30120 at the time of retirement. Is it taxable or exempt.

Vasudha

This Query has 4 replies

04 July 2025 at 12:04

IT Return - other income

Hi

My husband passed away during the previous financial year, and I received an amount from LIC as his nominee. Should this be declared as tax-exempt income in my income tax return?

DANISH

This Query has 1 replies

04 July 2025 at 11:43

Section 148 excess refund claim

Sir
Excess deduction claim in 80g, now section 148 notice received to file ITR, i substract my excess deduction from it, now there is no option of return the excess refund.
Please suggest how to calculate interest and tax amount of these years at the time of filing actual ITR

manohar boddeda

This Query has 1 replies

04 July 2025 at 10:41

Date of completion of scrutiny assessment

Last date for completion of scrutiny assessment of the assesse by the commission of income tax apples

SHYAM KRISHNAN K

This Query has 1 replies

04 July 2025 at 09:14

194 R, Income disclosure in ITR

When an amount is being reported on 26AS on account of 194R, whether it is compulsory to offer it for tax.

sundeep

This Query has 4 replies

03 July 2025 at 15:03

Capital gains-3.7.25

"The Central Government has recently issued a notification announcing the Cost Inflation Index (CII) for the financial year 2025-26. In the notification dated July 1, 2025, the government announced that the CII for the financial year 2025-26 is 376. The new CII of 376 will be applicable from April 1, 2026, and it will be applicable for Assessment Year 2026-27."
Can I apply this CII 376 for calculating indexation for FY25-26 for property sold in April 25 (bought in 2002) when I file my returns on 31st July'26 ?