RAKESH SHARMA
04 August 2025 at 14:20

Calculate Tax Liability of Sharmila

Mr sharmila Sold a flat of Rs. 570667 as similar to SV on 09/01/2025 whereas it was bought before 01-04-2001 and as on 01-04-2001 the SV is 134230. There is no expenses on account of sale or purchase. Income from other sources is 203830.
Compute tax liability in details.


Gaurav
04 August 2025 at 14:00

Exemptions us 10

Hello Members,

In form 16 Company has provided exemptions us 10 for different heads like Professional Allowance / Car allowance/ Telephone Allowance. However they have not indicated any sub section u/s 10 but parked the amount as Other Exemptions us 10. Now while filing the ITR it is asking to provide the sub section for all of the allowance for which exemption is claimed.
I am not able to get any exemption like Professional Allowance neither for Car and Telephone allowance. Could you please help provide the sub section for the above.
If there is not such deductions applicable do we have to add these back into the income and pay tax on this amounts as company has shown that as exemption and hence no tax is deducted on these incomes.
Regards


Sanjay Ratnanipro badge
04 August 2025 at 13:04

OVERSEAS EMPLOYMENT

my client served in india from 1st april 2024 to 15 sept 2024 and after that he joined in a company in tokyo on 23 sept 2024,what will be his residential status for ay 25-26


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Ranjit Shitole
04 August 2025 at 11:18

Rectification of error U/s 154

How to rectify error in ITR after 5 years has been lapsed from filling of return and processing of return as there is demand due to error and 4 years has been lapsed from CPC intimation, what is the solution for rectification after 4 years lapsed.


Manish Agarwal
03 August 2025 at 22:17

ERROR IN ITR3

Sir,
I have successfully filed Form 10IA for claiming deduction under section 80DD towards the severe mental disability of my son for which acknowledgement number is generated.
While filling schedule for 80DD, it is not accepting the form 10IA acknowledgement number since schedule 80U without filling automatically takes the same acknowledgement number though schedule 80U is not confirmed by me.
Pl guide how to resolve this.




Rahul Singh
03 August 2025 at 17:07

Rejection of Rectification by CPC

AY 2023-24 Rectification rejected due to reasons Rectification cannot be taken up and hence rejected Taxpayer is requested to file rectification in return data correction if return data needs to rectified There is no apparent mistake in order 143/154 which is sought to be rectified. I have filed rectification in tax credit mismatch Portal is not allowing to submit fresh rectification since 17.3.2025 with error as latest return is under process Filed repeated grievance
but no resolution
1.Does rectification order which is sought to be rectified valid and considered final assessment as there was demand of Rs 5160 which is already paid


JAGANATHAN R ACMA, SAP(Fi-Co)

Hi.,

Greeting!!!
Can you share the List of Government Subsidies schemes available for shipyard construction in india

With regards
Jagan


Susan Dmello

Assessee is filing a return for A.Y. 2025-26 using ITR-3 with professional income u/s 44ADA. The assessee has paid the entire advance tax in a single instalment on 13th March 2025. The ITR-3 has calculated interest payable for deferment of advance tax u/s 234 C although he is fully compliant with section 211 (1) (b) c which exempts him from paying in 4 instalments unlike other assessees. Is there a bug in ITR-3 ?


Kammy Singh

Sir,
In the GST Portal Rs. 11 K in ECL under ITC appeared. Upon checking the 3B draft to pay my GST could not delete the Rs. 11 K. Therefore when I paid my GST 3B , the Rs. 11K reduced the amt of my payment by Rs. 11 K However, was able to reverse the Rs. 11 K afterwards.

Eventually located the Ltd. Co. who made the purchase of GOLD from Amazon. Took the issue with Ltd Co. and Amazon with no satisfactory response whose 11 K belongs.

In the AIS under GST purchases: The Ltd Co. purchase Bill, amounts to 4 Lakh.
1. What are the consequences of the Ltd. Co. purchase of Rs. 4 Lakh purchase in my in the future . That does not belong to me.
2. Another issue is in GST Turnover. The taxable amount for JUNE 2024 noted ZERO and the FEB 2025 missing which mean only 10 months credited to GST instead of 12 months base on Bank debited amount to GST 3B and were fully paid.

Any suggestions at present to do, to avoid any queries from GST and Income Tax dept. in the future?





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