Sir I want to know at the time of calculating long term capital gain in case of sale of land, whether registration cost and stamp duty charges can be reduced together with purchase cost. Again can I avail indexation benefit on registration charges and stamp duty.

Dear Sir/Madam,
I want to know whether we can apply for Vivaad se Vishwaas Scheme now ? please also tell me the last date to apply for this scheme. As i went through various articles i came to know that the registration process got over by 31st march 2021. Is there any chance of being my appeal being registered under the scheme as i want waive the interest chargeable under section 220.

Daughter and mother jointly purchased a flat. Mother being a housewife, daughter has undertaken to clear off the loan and shown the rental income till date. Now that the flat is free from loan and daughter wants to gift the rental income to her mother. Can she ask the tenant to pay the rent to her mother's name? if so, what is the status of daughter's IT return so far she claimed rental income and loan benefits?

DEAR SIRS,
WHILE FILING ITR RETURN ERROR SHOWING , "AADHAR OF THE RE PRESENTATIVE CANNOT BE SAME AS ASSESSEE PAN/AADHAR , WHILE I HAVE NOT OPTED FOR ANY REPRESENTATIVE BUT FILE AS KARTA

THANKS

please suggest me

agricultural land situated in a area beyond 2 kilometers from the local limits of municipality which has a population of less 1 lacs . is sale proceeds of such land is liable to tax under capital gain . if so how to show the proceeds of sale in a return of income

A.Y. 2020-21 I HAVE A REFUND BUT DEPARTMENT NOT YET CREDITED REFUND AMOUNT. I M COMMISSION AGENT I HAVE FILED ITR 3, MY COMMISSION AMOUNT IS BELOW 5 LAC, SO I SHOW IN NON SPECIFIED BUSINESS WITHOUT BOOKS OF ACCOUNT IN ITR 3. I AM TOTALLY RECEIVED AMOUNT SHOW IN GROSS RECEIPT AND CLAIM REFUND WHICH IS TDS DEDUCTED ON AMOUNT. I AM NOT SEPARATE MAINTAIN ANY BOOKS OF ACCOUNTS.
DEPARTMENT SEND ME NOTICE U/S 139 (9) THAT TOUR RETURN IS DEFECTIVE AS PER SECTION 44AA YOU COMPULSORY MAINTAIN BOOKS OF ACCOUNT AND IN ITR YOU FILL UP IN PART A PROFIT AND LOSS ACCOUNT AND BALANCE SHEET.
I AM INDIVIDUAL PERSON I HAVE NO OFFICE, RECEIVED COMMISSION LIC ( AGENT), WHAT TYPE OF I MAINTAIN P&L ACCOUNT AND B/S. AND THING IS I AM DECLARED ALL AMOUNT RECEIVED, I AM NOT CLAIMING ANY EXPENSES.
PLEASE HELP, MY REFUND IS DUE. AND ALSO GUIDE WHAT TYPE OF I RESPONSE GIVE TO DEPARTMENT?

Dear sir

I retired in April 2020 from service at the age of 60 years but my EPFO pension started only this year in march 2021. I received Pension arrears (from 2018 onwards)of about 90,000 in march 2021. Is this pension arrears considered as commuted pension and is it fully taxable? As it has to be reflected ITR for FY 2020-2021.

Thanks and best regards for guiding the tax payers.

In a partnership firm one partner purchase the shares of all other partners. In such a case
1. Whether the business can carry on as partnership firm or as a sole proprietorship firm ?
2. Can the existing PAN will exist any more ?
3. In which PAN the ITR will be submitted ?
4. Whether existing GSTR will continue or require new GSTR ?
Kindly advice.

In ITR 2, validation was successful, but on next
screen for Verification and submit, it shows one error
relating to Sch VIA that under TTA interest should be
restricted to SB account interest included in total
income. I have shown same Savings interest as included in
total income and system has already restricted to
10000/- But error still remains. As a result I can not submit and file ITR2. I have submitted grievance with all screen shots, but no resolution is forthcoming even after lapse of a fortnight. Please advise if there is any solution.

If i invest in shares / mutual funds using borrowed funds , can i claim interest paid for these borrowed
funds as expense while calculating income tax liablity under income from capital gains