AIS statement shows foreign remittance receipt under section 195 of INR 80/- with TDS Rs.25/- plus interest on savings INR 109/-. whereas 26AS shows only foreign remittance receipt of INR.80 with TDS Rs.25/- divided in quarterly sums .
But in reality there is no receipt . Guide me for filing ITR2. no other income in India.

ITR utility 2/3 is calculating tax @15% for sale of residential property purchased before the cutoff date, July 23, 2024, instead of 20% with indexation. How to correct it?

Hi
When landowner sell his share of flat on or before the completion date when he should file income tax return and declare capital gain income?
Section of the proviso says when the capital gains shall be deemed to be the income of the previous year in which such transfer takes place.. what is which transfer refers to flats or land it decides the year of chargeability, can some one help me with this

Sir,
It is on record that Indian Post Office does not credit Annual Accrued Interest of RD. It pays only on maturity of RD along with Principle amount. It also does not deduct TDS But depositor shows approx accrued interest on his RD in his every annual ITRs to avoid heavy tax burden in the last year of RD Maturity. It causes mismatch in figure as reported in AIS in the maturity year of RD. Depositor gives feed back in maturity year with his yearly details of interest amount he had already reported in relevant previous years ITRs But when ITax Department gets confirmation of feedback from 'Source" i.e. Post Office , it reports that "feedback of depositor as incorrect "as it credits interest only at maturity. This specific problem occurs only in case of Post Office RDs Hence query:--

1. Whether Depositor Is correct by reporting regularly annual approx accrued interest in his every
early ITRs ?
2. What action lies on part of Depositor when Source Post Office returns feed back as " Incorrect Feed Back " ?
3 What ITax Department does on such feed back ultimately when figures of AIS and ITR does not match in such situation / Feed back . ?
4. What is correct way to treat accrued interest on Post Office RDs when they are following different way of Accounting i.e. Cash Basis where as depositor follows accrual basis of accounting for RDs interests every year. ?

Please help & guide Point wise .

Hello There,
on 9/7/26 I filed ITR 3 of an individual who is partner of a partnership firm
For Partner Salary interest (previously I showed only BP Schedule) but now I notice that in P/L credit Side two more line added (14)xi b & c.
example: suppose salary 200000/-
1st time I shown only in Bp schedule and its error in upload level (error was i have to shown in P/L)
then i show the amount in p/l and as well as bp schedule then I notice the amount became exact double.
MY QUESTION IS IF I SHOW PARTNER SALARY IN P/L IS IT NECESSARY TO SHOWN IN BP SCHEDULE(IF NECESSARY THEN WHAT IS THE TREATMENT FOR NOT SHOWING DOUBLE SALARY INCOME)

PLEASE HELP

Under the Income-tax Act, 2025 (effective from 1 April 2026), if the aggregate cash withdrawals from a bank account exceed ₹1 crore during the financial year, is the bank mandatorily required to deduct TDS under Section 393(3)?

Further, if the account holder has filed the Income-tax Return (ITR) and provides a copy of the filed ITR to the bank as proof of being an ITR filer, is the bank still required to deduct TDS, or can TDS be waived on that basis?

I have got several LIC Jeevan Akshay Policies under which I get Annuity from LIC. I Have been showing this under Income from Other Sources for past few years. This year the ITR 2 Form does not have a clear row for 'Others' under Schedule OS. Under Column 'e' which says 'Others', the nature is specified as 'Family Pension, Retirement Benefit u/s 89, etc., none of which fits the case. The last column says "Any sum received, including the amount allocated by way of bonus, at any time during a previous year, under a life insurance policy referred to in section 56(2)(xiii)" - I understand this section pertains only to LIC Maturity taxable from FY 2023. So, where to show the Annuity Income.

I also received a small amount as as sitting fees for having served as an Independent Expert in a Board Committee. Where can I show this income under Schedule OS. As this amount is nominal I thought its ok to use ITR 2, rather than going for the complex ITR 3. Is this OK.

I m filling Form 10BD but again and again getting the error :- "Each record should located on a separate line and it should contain 12 columns throughout the file.The original excel file should not contain any double quotes,empty lines,forward slash(\). I have prepared the form with all the details but dont understand why I such error, kindly guide on this , Regards in advance

A Non resident has one NRO account & two regular savings accounts in India. Can we mention 2 regular savings accounts in bank account details of ITR.

Hi all,
Can anyone please help me with this:
A minor has capital gain income which is clubbed & shown in his father's income as it's higher than his mother's income.
Is it necessary to register in income tax as authorised representative of minor for clubbing income?
Please note minor has no other income