BISWAJIT MAIKAP

SIR/MADAM, CAN I SHOW LOSS ON FNO AND INTRADAY BY SELECT NOT MAINTAIN BOOKS OF ACCOUNT IN ITR3?


Rahul Raj

I have one trust which are registered in Indian Trust Act. I want to change its registered address and trustee member. I want to know the process and where should I go to apply this. I have lost its original deed and I have true copy.
Please guide me


Jibin George

Hi ,

I have LTCG and claimed 54f deduction , as I have spent entire sale proceeds before filing return , I do not have a CGAS account and have not deposited any amount under CGAS account , so I left these details empty under Schedule CG Section D , offline validation check were fine but upload level check failed with below error

'cgas account details is not added in or not matching with bank details '

Pls suggest how to file return in case of 54f deduction and amount is already spent on house and no CGAS
account

Thanks
Jibin


Patrick Mathias

My building is going for redevelopment shortly. I have been given some extra area free of cost. I propose to buy another 50 sqft area for which I have to pay 15 lacs. Can I sell my shares and adjust the ltcg tax on shares to pay off the developer and avoid paying tax.


Suresh S. Tejwani

In case of assessment If return u/s 148 is filed then interest of 234A and 234B of income tax act shall be counted till the date of filing of return u/s 148 or shall be counted till the date of assessment order?


Hemkumarpro badge
05 September 2025 at 23:23

MATERIAL FOR SENT FOR JOB WORK

I am engaged as a job worker under the GST provisions, performing processes on materials supplied by a registered principal. I kindly request clarification on the correct GST compliance procedures applicable to this arrangement from the view of principle and job Worker point of view


Deepak
05 September 2025 at 13:12

Revised GST rate on sale of Polythene Films

Dear Experts,

Please guide me on GST rates on sale of Polythene film. we are in the business of manufacture of polythene films by using Resin.

Thanks


Pooja Mehta
05 September 2025 at 12:46

GSTR 9- HSN

Dear Members,
Is HSN Inward to be disclosed in GSTR 9 for F.Y.2024-25 Optional?
Any notification released in this regard
Please Reply


T.N.Reddypro badge

Sir, kindly help me out the above subject services as on today as is notified by the board in the official gazette


k M Goyal

Dear Sir,
Income from other sources under section 56(2)(x):
the following income Under Section 56(2)(x) shall be chargeable to income-tax under the head "Income from other sources”:
persons on or after the 1st day of April, 2017,—
(a) any sum of money, without consideration, the aggregate value of which exceeds fifty thousand rupees, the whole of the aggregate value of such sum;
(b) any immovable property,—
(A) without consideration, the stamp duty value of which exceeds fifty thousand rupees, the stamp duty value of such property;
(B) for a consideration, the stamp duty value of such property as exceeds such consideration, if the amount of such excess is more than the higher of the following amounts, namely:—
(i) the amount of fifty thousand rupees; and
(ii) the amount equal to 70[ten] per cent of the conside-ration:
Provided also that where the stamp duty value of immovable property is disputed by the assessee on grounds mentioned in sub-section (2) of section 50C, the Assessing Officer may refer the valuation of such property to a Valuation Officer, and the provisions of section 50C and sub-section (15) of section 155 shall, as far as may be, apply in relation to the stamp duty value of such property for the purpose of this sub-clause as they apply for valuation of capital asset under those sections:

Sir

My Query:
In calculation of Consideration of immovable property for Income from other sources under section 56(2)(x) can stamp duty, registrar fees, Taxes paid as GST/VAT, one time lease rent, Transfer charges paid to Authority can be included or not?
Please guide me.
Regards
K M Goyal





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