Is Form 10BA essential to get benefit of rent paid under sec 80GG?
There is no option to submit this form under efile- income tax forms- ( Form 10BA is not listed there). In such case how can this form be filed?

If a state /central govt employee withdraws his balance in general provident fund before retirement for personal purposes will it be taxable .

Please advise :

1. In case assessee issues sales invoices below two lacs in a day and various transactions in a year to single buyer.

2. In second case Some of the sales invoices are above two lacs out of which he received cash below Rs.2 lacs per sales invoice in a single day/ transaction and the difference amount (invoice amount less cash received) is received through banking channel.

3. Overall Limit of Cash receipt as Unsecured from a person is Rs.20000/- or 10000/- .

Is there any restriction to receive cash in the above circumstances under the provisions of Income Tax.

If NRI opts u/s 115I ( Chapter not to apply if assess so choses ) in Chapeter XIIA ( Special Provisions relating to certain income of NRI. and is to file return u/s 139(1) but has got interest income in NRO Bank a/c and is classified u/s 195 of ITax Act FOR TDS , then in such situations will he be still required to be charged tax @20% on interest income OR it can be treated as normal interest income under head ' Income from Other Sources ' ( as he opts section 115I ) and tax be calculated as per normal applicable slab rates.

In such cases where TDS is u/s 195 on interest of NRO a/c but assessee opts normal slab rates u/s 115 I , and file return u/s 139(1), will it be correct as per law

In case of property sold by joint owners (brother & sister) - in the deed of sale which was registered a sum of Rs 21 lacs was paid to the sister and a sum of Rs 69 lacs was paid to the brother as per their understanding. The total sale value being Rs 90 lacs. The details of payment to each one of them by the buyer has been clearly stated in the deed as above. Banks records also show the same.
1) Will LTCG be calculated proportionately ?
2) In 26AS under details of SFT transactions (SFT-012 - sale of Immovale Property) the
amount shown is Rs 45 lacs - it is being shown 50% of total sale value for each. But this is not
true - do I still calculate the LTCG proportionately as actually received amounts of Rs 21 lacs and Rs 69 lacs?

Respected Sir ,
Can I take RGHS ( Rajasthan Government Health Scheme )Deduction under 80D

I was employed upto 2016 and then I am unemployed. I have an EPF account and as I am unemployed, there is no contribution by the employer neither by me to this account but on the balance amount, interest is accrued every year. Do I have to show it as income in the Income tax return for FY 2021-22 AY 2022-23? Is this accrued interest taxable every year? The limit of 2.5 lakhs contribution by employee does not apply to me in any case.

Sir,
My client was running one RD with Post office and was reporting accrued interest of every year in his IT return. Now on maturity of RD entire interest amount of Rs 6 Lacs is now shown in AIS,
Whereas out of that amount Rs 4.90 lacs was already included in preceding tax returns of respective years. Now on maturity year he actually needs to report only one last year's interest which is approx 1.10 lac, instead of Rs 6 Lacs as shown in AIS.

How can I deal with this issue in AIS and IT Retun of AY 22-23
Pls guide on above issue .

Hello, my client's father is no more and my client is continuing his business in his own name. Can my client merge his father's balance sheet in his name. Is there any legal process. My client has a sister and mother. Is there any rewuirement for taking consent from Sister and mother?

If I am shareholder of a company (25%+), can I also consult them and charges professional fees?
Will this payment be accounted under 'income from salaries' or 'income from business'.