Sir, my annual income is below ₹2.5 lakh, and I have been unemployed for the past two years with no current source of income. I am currently managing my monthly credit card payments of around ₹35,000 with the help of my relatives and some of my old savings.

Now, I want to stop filing my ITR because, due to my ITR filing, my entire family’s ration card has been discontinued, and I have also been removed from other government schemes, even though I currently have no income.

Therefore, I would like to know whether I can stop filing my ITR permanently. Could this cause me any problems?

"Is a tax audit mandatory for a LLP with a turnover of less than 1 crore , and is the income tax return valid without a tax audit?"
similarly in case of company if turnover less than 1 crore then only income tax return valid without tax audit?

SIR
MR A SOLD OLD GOLD ORNAMENTS RS 2,64,000/- 20 GRAM RS 13200/- PER GRAM AS ON 10.05.2025 WITH BILL. THE OLD GOLD PURCAHES AS ON 05.1.2023 RS 110000/- AND NEW ORNAMETNS PURCAHSESD RS. 320000/- PL WORKING CAPITAL GAIN STATMENT

THANKS

SALE SHOWS ACCORDING SERVICE PROVIDE (FY 24-25) BUT SERVICE RECEIVER (GOVT DEP) SHOWS SALES IN 26Q FY 2025-26 (AS PAYMENT MADE YEAR)HOW TO CLAIM INCOME TAX REFUND. SALE SHOWS IN GSTR & ITR FY 24-25 .ALSO WHAT TREATMET IN GST RETURN & INCOME RETURN

Sir
Greetings
Can I get clarification as to whether the Banks need to report interest details in Form 168 even if no TDS is deducted?
The present Form 168 has a separate table for reporting interest details when the customer submits Form 121. Moreover, the Banks earlier were reporting interest paid during the year in Q4 reporting, even when no TDS was deducted.
Thank you
Chari

ACTUAL GST TURNOVER BASED ON GST RETURNS SHOWN ON GST PORTAL RS.1,06,00,000/- APPROXIMATELY
AIS SHOWS GST TURNOVER RS.75,00,000/- APPROXIMATELY
GST TURNOVER SHOWING GENIUS SOFTWARE AS PER GST PORTAL RS.1,35,00,000/- APPROXIMATELY
PLEASE SUGGEST IN THE MATTER AS WE HAVE TO SUBMIT ITR OF OUR CLIENT

Dear all
Now is it mandatory to obtain registration U/s 12A of IT Act to Education society. So far it was claiming exemption U/s 10(23C)

We have our own WATER TANKERS. We purchase the water from tubewell owners and supply to various housing societies and Industries as well. Some of our customers deduct TDS U/S 194 c from our bill. Is this correct i e they are rightly deducting TDS from our Bill. Pl advice

Ashok Khandelwal

I am trying to show speculative income in ITR-3.
I have chosen 65(i) - (iii) under under Part A - P & L section and sub section 65 which is meant for those who do not wish to maintain books.
So my question is how to fill 65(i) - (iii) if I have loss instead of profit.
The 65(ii) is actually saying profit. So do I have to enter negative number here or leave it zero.
If it is zero then what to do with expenses in 65(iii)?

I have missed to file ITR for FY 2024-2025
I have received commission Rs. 790000 and 2℅ tds deducted.
Can iI file ITR now