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Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

29 April 2026 at 14:20

Income tax questions

sir,
q.no.A person form 121 submit to sbi interest income show in sbi only or another bank of india bank fd interest amount show included or only sbi interest show correct procedure

q.no. A partnership FIRM tds registered tan number the tan entered does not exist error showing

qusetion: above two problems solved procedure


durgesh VJ
This Query has 2 replies

This Query has 2 replies

Hi,

This query is regarding form 26QB filed in december 2025, a case of two buyers, and two sellers,
both buyers in their 26 QB filled total value of consideration Rs 1.40 crores. it has caused 2 entries of Rs 1.40 Cr in 26AS of both buyers sellers. AIS and 26AS is showing doubled value i.e 2.8 Cr cr as property sale value. the actual value is Rs 1.40 Cr

TDS has been deducted at 1%, each buyer Rs 70,000 TDS amount, total Rs 1.40 lacs TDS

stamp duty value of property was also mentioned as Rs 1.40 Cr

please guide regarding how to rectify 26QB


Mahabir Prasad Agarwal
This Query has 1 replies

This Query has 1 replies

29 April 2026 at 12:38

ITDS U/S.194T

If a partnership declares income U/S.44AD, whether ITDS provision of Section 194T will be applicable ?


MAKARAND DAMLE
This Query has 1 replies

This Query has 1 replies

Assessee sold agricultural land having Mango, Coconut and Supari Trees for Rs.81,00,000/-
Rs.81,00,000/- is bifurcated as Rs.62,16,000/- towards sale of land and Rs.18,84,000/- towards cost of house constructed on the land.

My question is whether both above receipts are exempt from capital gains tax ?



Arun Kumar M
This Query has 1 replies

This Query has 1 replies

28 April 2026 at 11:00

Section 24 and 10(13)

Hi,
I would like to know whether an assessee can claim both HRA u/s 10(13) and Interest on Home Loan section under 24? Is there any document from income tax act on the conditions?


K.Devan
This Query has 3 replies

This Query has 3 replies

28 April 2026 at 10:30

Inter corporate deposits

Sir
Both companies are private limited. directors are same. if one company want to give its excess fund to another comany.is there any problem .kindly advice.


Rajkumar Gutti
This Query has 2 replies

This Query has 2 replies

27 April 2026 at 15:33

Invoice V/S Goods receipt Note Date

Purchase invoice date 31/03/2026
GRN date. 01/04/26
Accounting Date 01/04/26
My question-
Is goods in transit entry essential to show current asset & current liabilities in B/S
Is tds unde sec. 194 Q required to consider in F. Y 25-26 or in F. Y. 26-27
Please guide.


M AZAR
This Query has 1 replies

This Query has 1 replies

Is anybody facing just loading for minutes until the website expires if trying to upload Json for F.Y-2024-2025 from Yesterday?


Kawai
This Query has 4 replies

This Query has 4 replies

26 April 2026 at 06:41

Form 121 & TDS deduction

Can a Bank refuse to reverse TDS deducted, after submission of form 121, during the month, before it is consolidated and remitted to the Income Tax Deptt? Form 121 was submitted before TDS was deducted that day.
Even if Form 121 is submitted after TDS has been remitted, can't the Bank refund the TDS by filing a revised return?


Wasim Sayyad
This Query has 1 replies

This Query has 1 replies

I am doing swing trading in equity shares and this is my only source of income.
I want to know how my income will be taxed under the Income Tax Act in India:
Will it be treated as business income or capital gains?
If yes, will tax be applied as per normal slab rates or under STCG/LTCG?
If treated as business income, which ITR form should I file?
Kindly guide.






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