Hello Sir/Madam,

I need help to file TDS on multiple buyers and sellers case

I want to know what is the total value of consideration of property for each buyers and sellers

Total paid value

Total stamp duty value paid


Thanks,
Giribabu

In my case of property TDS, demand was raised for in-operative seller's PAN, which was later linked. But, I filed a correction to change date of deduction, which is now pending for AO approval. Now, after the circular should I cancel the correction ??

Hello,
Do we need to declare NRE bank accounts in ITR2? If so, where?
Also, for NRE FDs, should we declare in Exempt income after maturity or every year while it accrues?
Please advise. 🙏

I have some business income - freelance (presumptive tax) plus other income. Till now (FY-23-24), I had filed tax in old regime in ITR4 or 3.

Last year (FY-23-24) as default was new tax regime, I filled 10-IEA to opt for Old tax regime for filling my returns.

This year (FY-24-25) and moving forward wanted to use new tax regime with ITR4 / 3 (with Business income).

So do I need to file 10-IEA to "opt in" for new tax regime this year (FY-24/25) for ITR4 /3 or will it be automatically default to new tax regime.

Kindly clarify.

Have the following a income. Need clarification whether ITR 4 can be used this year filing (FY24-25)

1. Business income - using Presumptive Taxation.
2. interest on FD/Saving.
3. LTCG approx. 70k (less than 1.25Lacs)
4. Minor pension amount of approx. Rs 6000/ P/A and dividend of Rs 200 (this year).

Last year had used ITR 3. This year I understand ITR4 has this facility to report LTCG if its less than 1.25 Lacs per annum.

Kindly confirm whether ITR 4 can be used this year (FY 24-25) for above transactions.

Hi I am a salaried employee. I filed an itr 1 based on the ais form for ay 2025-26.
Later on i got a message saying tht the itr mismatch is there check 23as and ais statement.
The ais form got updated and the tds is more now. Hence i thght i will revise the return now. But I am not able to revise the return into old tax regime as the original itr was in new regime. As per law am I able to update this regime. Also shall I file another duplicate return now. I riser a grievance but they told me contact cpc banglore.
It's not a big itr it's small around 10k only. Please suggest what should be done. Shall I file a duplicate return again under 139.

Sir,
I sold SIP mutual fund having 12 instalment of SIP.
Do I have to enter each SIP in CG schedule of ITR or Consolidated SIP and sale consideration.

I bought house for 641000 and filled 26QB with below values.
Amount paid in previous instalment - 3947100
Amount paid currently - 2453900
Stamp Duty value - 160000
TDS Amount - 64000

But now seller is complaining in 26AS, he can see only 24530 which is of current instalment, He is not able to see 394710 for previous instalment. previous What could be reason? Any help appreciated.

Hello

Can any one share with me the procedure for certificate u/s 281 in case of sale of shares and what are the document to be attached with the form , also format of the certificate u/s 281 as per income tax act. shall I file the request form to AO manually or to file online?
please share in details

Hi Team,

I need your assistance with a TDS calculation issue while filling Form 26QB.

Here are the details:

Date of Agreement/Booking: 30-Oct-2023

Total Value of Consideration (Property Value): ₹12,847,730

Date of Payment/Credit Made to Seller: 26-May-2025

Date of Deduction: 26-May-2025

Payment Type: Installment

Is this the last installment? Yes

Whether stamp duty value is higher than sale consideration? No

Total Amount Paid/Credited in Previous Installments (A): ₹1,22,05,343

Amount Paid/Credited Currently (B): ₹6,42,387

Total Stamp Duty Value of the Property (C): ₹12,847,730

However, the system is calculating the TDS as ₹12,848, instead of ₹6,424, which is 1% of the current installment amount (₹6,42,387).

Since this is the last installment, I believe the TDS should apply only to the current payment, not the entire property value again.

Could you please look into this discrepancy and guide me on how to proceed?

Regards,
Deepak