Sir,
Please solve my below query
My mother is paralysis patient, she is totally depended for me and i have spent medical expenses around Rs. 25000/- Financial year 2021-22 out of Rs. 25000/- Rs. 16000/- expenses paid through my debit card and phone pay, balance amount paid by cash.
i am file ITR 2 kindly suggest me where can i show these expenses to claim deduction and how much.
Thanks & Regards

December 2021 one property Sold by me Rs.49 Lakhs, that Acquired my grand father in 1970 for Rs.5,000/-. My father and Grand father expired in year 2000.
My Query is
1. LTCG 20% On 49 Lakhs minus indexed 5000/- or

2. LTCG 20% on 49 Lakhs minus 2001-02 base year Market value indexation

MY CLIENt have recieved a notice u/s 148 from 2013-14 till 2017-18 where in it is mentioned that depty director of Income TAx Investigation have passed to AO information which forced him to initiate 148 proceedings. The information given by investigation wing mentioned that Individual have not disclosed the income earned through HUf Bank Account. Ao have added all credits to Income chargeable to tax.

Question of Strange

While huf is filing separate return and disclosing all transaction done through its bank why Investigation wing is misleading Ao to reassess the same transaction in Individual ?

2) can i approach and seeek a clarification from Investigation officer what information or supecision was there based on which the income of HUf was to be added in Individuals Income ?

3) the client is in hi tension and can not afford the huge fees for none of his mistake

I have transfer my profit shares and investment of llp to my name. Is there any problem in income tax for this transaction. I have around 20 lakh investment ans the whole amount transfer to my wife name. The transaction completed by the support of a book entry only.

Dear Experts,
Please guide on below mentioned issue.
I didn't file my ITR for FY 2020-21 and now I want to file the same. My income is more than 5 Lakh and as much I know Penalty of Rs. 5000/- on belated return will have to pay.
Here, my question is whether late filling penalty to be paid in cash only or the same can be adjusted against available TDS. As there is Rs. 27300/- TDS available in FY 2020-21.

Please guide

An individual wants to file his Income Tax Return. He has basically 2 following sources of Income-
1. Business Income
2. Capital Gain from sale of shares

Earlier, he was filling ITR-4(Sugam) as he was declaring his business income under Section 44AD but now due to capital gain on sale of shares he has to file ITR-3
So, now can he still show his business income under Section 44AD and give only those details of Balance sheet that is required to be filled in 44AD business income case as regular books of accounts is not maintained by him.
Or he has to fill all the details of Balance Sheet and Profit & Loss as in the case of regular books of accounts.

Please advise and clear my doubt
If possible please attach some links of notification from the official govt. website for the resolution of this querry

I own 3 flats in chennai. I am selling a flat and buying a new flat. Can I claim LTCG exemption u/s54F....
I understand that 54f cannot be available if the assesse owns more than 1 house...

Should the flat which I am selling be included for determining the houses owned or it should be excluded...

Pl clarify.

Can you please upload details of Section 194R?

Hello,

If we declare income under 44ADA, then what will be offical income i.e actual income or presumptive declared income??

Then what will be the official income? White income...

Example:- credit received 10 lakhs

Declared u/s 44ADA 50% i e 5 lakhs


So what is the official income for investment purpose?

Actual income is 10 lakhs declared in IT 5 lakhs

when TDS to be deducted under section 194R.
what is criteria to deduct TDS.