I have filled income tax return of an individual have the income from house property only. While filling the income tax return i am selected the tax u/s 115 BAC i. e. Selected for new tax regime. It doesn't require to file form 10 IE because of having only rental income. I have received intimation u/s 143(1) showing all the data fields are correct except opting for taxation u/s 115 BAC. In intimation order it was showing selected ( 115 BAC) NO. Due to which in intimation order tax liability arise. Please help me. Thank you.

If housing society earns interest on FDs with nationalised banks; can expenses like maintenance be deducted from said FD interest income????

Please advise tax benefit on Home loan Interest of Joint Property purchase by Husband and wife for self occupied 2.Also advise is it any condition for payment of EMI from both Bank Account or Joint Account?

Dharam Pal
9810600330

whether TCS will be applicable on brass scrap.

Hello Sir/Madam,

There are how many total exemptions available to Corporate salaried personnel to save taxes apart from below mentioned allowances.
Telephone Reimbursement
Internet Reimbursement
Uniform Allowance
Books and Periodicals Reimbursement
Research Allowance
Children Education Allowance
Hostel Expenditure Allowance
Mainly I want to know whether Washing Allowance is still exempt for Tax calculations?

While filling up the various field in the Form10IF for Cooperative Housing society , the date of Incorporation field remains blank / autofilled with wrong data.
And also it is not accepting manual entry/editing.
I have written to the department but no guidance so far.The due date of filing the ITR-5 is approaching fast.Without filing Form 10 IF online the ITR can not be filed.
Can any one guide as to whether it is a problem with others too or some problem with my software.
A quick guidance is requested.
Read more at: https://www.caclubindia.com/forum/auto-fill-of-form-10-if-on-income-tax-portal-587366.asp

sir
i have resigned my job from private company in june 2020 and got gratuity 432000/- and leave encashment 350000/- and aslo joined the another company in july 2021 and continuing my job there . so please tell me can i get the exemption of gratuity and leave in cashment
because i have aslo the salary income for the full year

A 26Q Correction statement (Q2 2021-22) got rejected with the error msg being displayed as : "1. Deductee detail verification keys for correction do not match with that of original
". How to Fix this issue ?

I'm running primary school and I wish to get the loan from bank on school name but banker tell me get the pan card on school name .... How to get and where to register school name how to apply pan card for school name
Please help me

Sir,
One of the professional income it returns filed person
1.depreciation claim value rs:10 lacs large value net income loss show in books
2.fees collections from patients some amount cash mode and balance amount online bank mode (Google pay and phone pay and paytam modes) received .
Question:
1.assessee depreciation claim large amount net income loss filed or fees income increased for f.y.21-22.
2.fees collections from patients cash and bank mode entry passed procedure in books.