Dear sirs : My client is an NRI. He inherited property from his grand father... Now government has acquired this property and paid Rs.Fifty lakhs... Is this property taxable.... Secondly can he give this amount as gift to his family members... Will there be any income tax on any one .. Regards

Dear Sir,
Since last so many years we dont have any business but every year we have to file ITR-5 with NIL balances. What to do for closure of the said partnership firm with subject to income tax rules and regulations.

Dear Sirs,
I have a rental commercial property in my name in which tenant is Punjab National Bank. For some months bank did not pay rent to me and said that they did repair and maintenance in the building of Rs.5,50,000/- so he deducted out of rent.
My simple question is that while filing my income tax return. I am eligible to claim 30% standard deduction of annual rental income or full amount of Rs.5,50,000/-.
Please clarify

Dear Sir,
New pan efiling par regd karne par email otp nahi aa raha hai kya ?

Dear sir

I am Madhu GSTP Since 3 Years and Doing GST Related Returns and my doubt is can i file Income Tax Returns ??? and can i sign on that papers ..please suggest me please


Thanks in Advance

Namaste sir

I'm Narahari from Bangalore, I had sold my plot for Rs43 lakhs and deposited in capital gain account in bank.

Now I'm purchasing 15 years old flat for Rs 37 lakhs.
The remaining 6 lakhs can i use to modernize my new house like
New wardrobe
Change of floor titles
Change of rest room fixtures
Painting and other miscellaneous

So to avoid capital gain tax

Please advice

Regards
Narahari
6360363391

dear sir - An individual runs a hospital by employing 1 or 2 qualified doctors -himself is not a qualified person and he being the proprietor tries to file his returns adopting 44ADA ( gross receipts do not cross 50 lakhs ) - will it be OK ?
Is it not a condition that the assessee should be a qualified professional in order to claim 44ADA?

Gud day everyone,
i need to file income tax return of a deceased assessee and it is a TDS refund case, All bank account have been closed by legal heir after the death of the asseessee, now in ITR1, i am trying to add his wife (representative assessee) bank a/c for filing. but, its not getting validdated. Rather, it keep on showing VALIDATION IN PROGRESS , but not validating.

pls suggest a solution for this. tnx

while filing itr 1 for a y 2021-2022 tds credited at 26as is found correct but lesser amount of tds is reflected in dashboard menu on graph section. still while correcting manually tds figure in itr1 and submitting successfully, amount received by way of refund is lesser than claimed in itr1 i.e. while processing itr instead of tds reflected in 26as is not taken into consideration but tds as shown under tds graph is considered. pl advice.
vd kulkarni
solapur

sir
Last year my taxable income is more than 2.5 lakhs and I filed ITR.
During 20-21 my salary is cut due to covid and Iam with in the limit of taxable income.
I received interest amt below 500 form voluntary pf account.
Let's me know
1. shall I file the ITR this year.
2. which ITR Form
Please advise