DANISH
04 July 2025 at 11:43

Section 148 excess refund claim

Sir
Excess deduction claim in 80g, now section 148 notice received to file ITR, i substract my excess deduction from it, now there is no option of return the excess refund.
Please suggest how to calculate interest and tax amount of these years at the time of filing actual ITR


manohar boddeda

Last date for completion of scrutiny assessment of the assesse by the commission of income tax apples


SHYAM KRISHNAN K
04 July 2025 at 09:14

194 R, Income disclosure in ITR

When an amount is being reported on 26AS on account of 194R, whether it is compulsory to offer it for tax.


Keyur

Sir/Madam

Can you clarify and explain on gst payable on Restaurant service provide through Swiggy and Zometo??

1) total gross receipts in fy 24-25 of Rs 40 lacs our of swiggy and Zometo sales (online orders) of Rs. 12 lacs and payment received online after net of Gst and Tds. Can we have to pay gst on 40 lacs or Rs.28 lacs?

2) Which accounting entries are to be passed in tally’s books every week or months??

3) Which accounting entries are to be passed in tally’s books based on weekly statement received from Swiggy and Zometo?

Thanks in advance


sundeep
03 July 2025 at 15:03

Capital gains-3.7.25

"The Central Government has recently issued a notification announcing the Cost Inflation Index (CII) for the financial year 2025-26. In the notification dated July 1, 2025, the government announced that the CII for the financial year 2025-26 is 376. The new CII of 376 will be applicable from April 1, 2026, and it will be applicable for Assessment Year 2026-27."
Can I apply this CII 376 for calculating indexation for FY25-26 for property sold in April 25 (bought in 2002) when I file my returns on 31st July'26 ?


ARCHANA

Sir/Mam,

Composition Dealer GST Annual Return Filing Due dates, what is penalty and is it mandatory

plz explain

Thanking you,


Keyur
03 July 2025 at 14:12

Relief claim by NRI

Sir

How to claim relief on LTCG tax on sale of MF income fy 24-25?

He has to submit form 10F before filling his income tax return??

Which documents are required and upload while filling his tax return??

He has TRC for fy 24-25??

Please guide me.


P.Madhivadhanan
03 July 2025 at 12:47

Unearned leave

A teacher who retired from service in tamilnadu government got Rs.272263 at the time of retirement as UNEARNED LEAVE SALARY (UEL) . Whether it is taxable or exempt under section 10(10)AA (i). She is a state government employee.


Suresh S. Tejwani

If Mr. X sold his plots of Rs. 8lakhs in A.Y. 2025-26 and he purchase house of Rs. 10lakhs out of the net sale proceedings of this plots for claiming 54F exemption. Mr. X claim exemption under section 54F of remaining purchase amount of Rs. 2lakhs in next A.Y. 2026-27. So, what amount should be shown in the A.Y. 2025-26 under amount investment in new asset out of sale proceeds (i.e. 10lakhs or 8 lakhs) for claiming 54F exemption?


jaya
03 July 2025 at 11:35

TDS-Interest on late payment

Hi,
i have deposited partial tax of a company...now i need to deposit the balance...the amount of interest on late payment will be for entire amount or for balance amoount?





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