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Mahabir Prasad Agarwal
This Query has 1 replies

This Query has 1 replies

29 April 2026 at 12:38

ITDS U/S.194T

If a partnership declares income U/S.44AD, whether ITDS provision of Section 194T will be applicable ?


MAKARAND DAMLE
This Query has 1 replies

This Query has 1 replies

Assessee sold agricultural land having Mango, Coconut and Supari Trees for Rs.81,00,000/-
Rs.81,00,000/- is bifurcated as Rs.62,16,000/- towards sale of land and Rs.18,84,000/- towards cost of house constructed on the land.

My question is whether both above receipts are exempt from capital gains tax ?



Arun Kumar M
This Query has 1 replies

This Query has 1 replies

28 April 2026 at 11:00

Section 24 and 10(13)

Hi,
I would like to know whether an assessee can claim both HRA u/s 10(13) and Interest on Home Loan section under 24? Is there any document from income tax act on the conditions?


Rajkumar Gutti
This Query has 2 replies

This Query has 2 replies

27 April 2026 at 15:33

Invoice V/S Goods receipt Note Date

Purchase invoice date 31/03/2026
GRN date. 01/04/26
Accounting Date 01/04/26
My question-
Is goods in transit entry essential to show current asset & current liabilities in B/S
Is tds unde sec. 194 Q required to consider in F. Y 25-26 or in F. Y. 26-27
Please guide.


M AZAR
This Query has 1 replies

This Query has 1 replies

Is anybody facing just loading for minutes until the website expires if trying to upload Json for F.Y-2024-2025 from Yesterday?


Kawai
This Query has 5 replies

This Query has 5 replies

26 April 2026 at 06:41

Form 121 & TDS deduction

Can a Bank refuse to reverse TDS deducted, after submission of form 121, during the month, before it is consolidated and remitted to the Income Tax Deptt? Form 121 was submitted before TDS was deducted that day.
Even if Form 121 is submitted after TDS has been remitted, can't the Bank refund the TDS by filing a revised return?


Wasim Sayyad
This Query has 1 replies

This Query has 1 replies

I am doing swing trading in equity shares and this is my only source of income.
I want to know how my income will be taxed under the Income Tax Act in India:
Will it be treated as business income or capital gains?
If yes, will tax be applied as per normal slab rates or under STCG/LTCG?
If treated as business income, which ITR form should I file?
Kindly guide.


Viral
This Query has 1 replies

This Query has 1 replies

Dear Sir,

Please, advice to me for TDS Rate for Interest Payment to NRI Director.
Thanks & Regards,


Sayantan Chakraborty
This Query has 1 replies

This Query has 1 replies

23 April 2026 at 18:54

TDS LATE PAYMENT

IN 4TH QTR OF 2026 DUE DATE OF PAYMENT IS 30/04/2026 IF I PAY TDS LATELY WHAT WILL BE THE LATE FEES ?
EXAMPLE :
TDS AMOUNT 10000
ACTUTAL DATE OF DEDUCTION 31/3/26
DUE DATE OF PAYMENT 30/4/26
I WILL PAY 10/5/26 THEN THE LATE FEES WILL (1.5% x 3) OR (1.5% x 2)
I THINK IT WILL BE 3 (IF IT WILL 2 THEN WHY)


Rajkumar Gutti
This Query has 2 replies

This Query has 2 replies

23 April 2026 at 14:30

Transporter Declaration form

I heard transporter's declaration form under new income tax act 2025 ( plying, hiring leasing ) for non deduction of tds is required on 200 Rs. Stamp paper and also notarised.
Is it this information is true, if yes, where I get this information in IT rule, 2026 or IT Act, 2025
Please help






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