IF:-

I am a paramilitary (CRPF) Jawan and we are under of Ministry of Home affairs, not in the Ministry of Defence. Retired from the service on March 2019.

If I get Disability pension is it a exempt income.

During 2009 December I got an accident from Dentewada of Chattisgarh State. A Maoists attack of which I totally damaged. Only 2 survived from a group of 16 persons.

Now I am getting disability pension. a huge amount is received on December 2020. That is receivable from March 2019 onwards.

Is this pension exempted or not. Is there any case study for such cases.

I am strongly saying we are under Minisrty of Home Affairs (Central Armed Polic Forces)

Please give a advice at the earliest.

Sir,
It assessee cash loans from different persons (creditors) each one rs:19,000/- received.

1.Cash loans from creditors 5 members (pan number and Aadhar number mentioned persons)
2.cash loans from creditors 4 members (pan number non mentioned persons)
Question:
Above two cash loan transaction allowed in it act.

Hi All,

One of My Client having Business in USA but he is a resident in India and Controlling Business from India, Rarely he visits USA.

Whether I Need to add His Business Income from USA while filing Indian Income Tax Return,

If so, can i take credit of taxes Paid in USA

My friend worked in Qatar for 4 months last FY and returned back to India.And his company has deducted income tax for the Qatar income also.
THis AY return how to get this amount refund from the ITR return.As zero tax in Qatar , is he eligible to claim this amount .If so how to get that amount.As system consider this amount as zero as Tax paid outside is zero.

I have income from EPFO pension and capital gain . So i have to file ITR 2 . For pension no form 16 issued. It is not commuted , un commuted pension . But it is from contribution by employees. No TDS is deducted by epfo.
My question is.
1) In ITR 2 it asks employer name , TAN number and other address derails .
So what to enter in this.
2) Also if pension selected it asks commuted , un commuted . Whether i can select Option OTHER ?
IN ITR 1 no such problem arise . Since i have capital gain income ITR 2 is compulsory .
So please guide on above

I have long term capital gains in equity for FY 20-21 of Rs 3 lakh.
I have brought forward equity long term losses from previous year of Rs 5 lakhs.
Question- For filing returns of FY 20-21, do I have to first setoff capital losses against capital gains? Or can I first take LTCG exemption of Rs 1 lakh and then setoff remaining 2 lakhs gains against prev year losses?
If I first setoff losses against gains, then I am not able to take advantage of LTCG exemption of Rs 1 lakh.
Please guide.

How to edit form 112 in ssp portal?

My articleship registration approval is still pending with RO beacause of form 112 .

Is there any option to edit the form 112 ?
Or any option to delete my application and begin with another !?

Dividend earned from Shares or Mutual funds--or any more
Interest earned from Loans, Bonds or debentures or any more-

In Case of Reversal of ITC under Rule 37 due to non-Payment to supplier in 180 Days whether the Reversal of ITC is added in Output tax liability or In Reversal (Others)

We have a section 8 company with share capital. Its member are willing to transfer its share to another resident individual at fair market value, which is higher than the share par value. How this will be taxable in Income Tax? Is there any exemptions or another exclusions for share transfer of section 8 company. Do you have any judgement for share transfer of section 8 companies.