hello
last year i have reported my fno income in 44AD
THIS YEAR I HAVE LOSS IN FNO
IS TAX AUDIT APPLICABLE

MY TURNOVER IS NOT ABOVE 1 CR

Mr. X having Pension Income, Consultancy Income and he is building owner, the rent agreement is his name but received rent in his wife bank account for whole year total amount Rs. 4,80,000/-. Can we assessed the rent income in his wife ITR or it must be assessed under Mr. X ITR (should be taken under income from house property after getting 30% of maintanenace charges). But Mr. X is denying because if it considered under his ITR then tax payment would be Rs. 70,000 because he falls under 20% tax slab category.

I need your help and best remedy to sort out this confusion.

Sir,

My Company was conducted an annual meet at resort in wayanad in respect staff. The package include room accommodation, food, cultural program etc. But the bill received mentioning Charges as room thariff plus applicable GST not mentioning separately other amenities. the consolidated amount payable was Rs. 1000000. Confirm whether TDS was applicable in respect of the transaction. If yes, under which section?

I have interest income from unsecured loans. My deductor has deducted TDS on the interest payable and added the net interest payable to the principal amount. This is happening for the 3rd consecutive year. But this year he has failed to pay TDS to the government and thereby failing to file TDS return.
How to account for this unrealised interest income in ITR ? Please reply urgently as last date to file ITR is approaching.

Which ITR form is to be used by a senior citizen worked as an educational consultant in an educational institute for A.Y. 2022-23?
Early response is appreciated.
Thanks!

Dear CA Club members. I'm getting the following error while filing Income Tax return of the 12AA Registered trust. If anyone knows where I'm making the mistake while filling the form, let me know
Error : "The exemption is allowable only on the sources of fund derived from property during the previous year".
Thanks in advance

Dear sir,

My father have transport business and he use my credit card for vendor payments approx 4-5 lac every month and pay bill from own current account .

But credit card payment show in my ais portal approx 78 lac of previous year.

What can I do

Sir,
one of my relative have income from share trading during 21-22.
his income from share trading is below
short term gain 1,14,754.75
Loss from speculation (11658.00)
he also income salary 4,50,000 after standard deduction.
Please advise
1. how to calculate tax on share trading
2.which ITR FORM is use in this case.
Please advise

Dear sir,
One of my relative have income from salary and profit form share .
During 21-22 salary 5 lakhs and income from from share trading is 1 Lakhs.
He also make payment for LIC also
my doubt is
1.which ITR Form is used .
2 Tax rate for share.
Please advise

I have been trying to reset Password of income-tax e-filing of one my nabour but unfortunately OTP is not coming on his mobile, mobile no registered at income-tax is not active, The person is not so educated hence video version for DSC is also not possible.
Is there any other way to reset password?