I had filed my income tax return before 5th July availing 87A rebate on tax on stcg, however while processing the return, department has calculated demand on the same, now if high court in its judgement allows the rebate, what should I do? Revise the return or file rectification to process the return?
I had filed rectification to reprocess once and department had not allowed rebate that time.

We provide Scientific and Research services in Agriculture we purchased Computers and also we have AMC for computers and UPS can we get ITC on AMC computers and AMC on UPS?

26QB Zip Folder is password protected. Buyers or Sellers PAN is not working to open the same. This is the same case for 2 of us. Please help!

Hi

I have purchased a flat in the year 2021 on my name.

Brief of my sale deed important figures

In the sale deed it's mentioned as total cost as
- Rs.21,15,00/-
This Rs.21,15,00/- has breakdown of
- Flat Area: 1020 SFT * Rs.2000 = Rs.20,40,000/-
- Parking Area: 100 SFT * Rs.750 = Rs.75,000/-

Now, I would like to sell it at Rs 5,500/sft.
Buyers want to go for housing loan and do digital payment or cheque.

Assuming if total sale transaction amount is transferred digitally would it attract tax?

If it attracts tax
- Can I get an exempt from capital gains if I purchase another flat in < 2 years let's say 2026/2027?

Other question is
Some of the interested buyers doesn't want add the actual figure in Sale deed to reduce their GST and stamp duty.
Assume "x" in sale deed and 2x is acutal sale consideration.
Then if the whole 2x amount is transferred digitally would it attract tax

What's the recommeded approach. I am looking forward to buy a flat in next 2 years would that help me to exempt from Captial gains though the whole sale amount is credited to my bank a/c digitally

Your valuable expert suggestion is highly appreciated.

I was in USA, now returned back to India. I am going to be a resident in India.
I have two questions -
1. I had uber one subscription and I used to get some uber credit for each ride which has a expiry and is available to use in the next ride. Is thisis taxable income and do I need to show in FSI/FA?
2. I received a reward certificate from best buy as promotion which is usable in the next purchase with an expiry. I did not use it. Is this taxable income and do I need to show in FSI/FA?

Can a private limited company hire an individual as a consultant (Technical Consultant) and enroll him for PF? If yes, can the individual still claim the income from the private limited company as his business income and file under Section 44ADA?

Dear Experts,
ITR Belated Filed is defective u/s 139 (9) AY 2024-25 and failed to submit the online response due to response date closed. This was belated file with penalty and tax due to be paid. Appreciate if anyone can guide me to resolve this issue.

Is GST TDS applicable on sales of black trap??

hii!!! i am prorietorship firm , i am converting into partnership firm, please provide steps to convert??

during the FY 2024-25 firm does not liability to get accounts audited under these circumstances payments to partners remuneration, commission and Interest will be covered sec 194T or not. Tds to be deducted or not firms get non audit cases. Return of income filing Applicability of provisions of sec 44AB(e) r.w.s 44AD(4)