If my income in Crypto Virtual Digital Asset is upto 5 lakhs per annum and which is short term in nature, do i still need to pay 30% tax on the income earned upto 5 lakhs? Is Rebate u/s 87A applicable to income solely comprising of income from Virtual Digital Asset??
I had 1515 shares of DHFL. and now they have become zero due to capital reduction . Can I claim capital loss on these shares
who can claim for TDS deposited at time purchase of immovable property? seller (builder) or buyer? it is seen in buyer's 26as
I uploaded successfully 24G fuv file in TIN NSDL portal. But it shows the file upload status as "captured" instead of "received" and doesn't provide BIN. What is to be done to get BIN?
Dear Sir/Madam,
I have received Rs.2 Lakh as gift from my real brother in FY 21-22 and also reimbursement from insurance company towards medical expenses. Kindly guide in which column I should show this in income tax return -2 and both are exempted under which section. Kindly guide.
Regards
My son availed a home loan of Rs50.30 lacs during 2021-22.The firsy disbursement was made on 31.03.2021.
Construction was completed during Feb 2022 and EMI started from April 2022.
Pre EMI interest of Rs1.90 lacs was debited to the home loan account during the period 2021-22 and the amounts are paid to the debit of his account every month.
Whether the entire amount can be considered as eligible deducyion under section 24 of IT ACT.Pl clarify
I am 60 years of age, retired and have started receiving annuity from superannuation fund which my previous employer deposited with LIC of India. I am trying to show the annuity as salary under "pensioner-others" category and the ITR form requires details of TDS and TAN of employer. IS Employer LIC of India and if so, how do I know the TAN of LIC of India (P&GS Unit) so that I can fill these details in ITR? it doesn't accept zero TDS and blank TAN or N/A in TAN.
Hi,
My relative passed away last year who had worked more than 30 years and his wife got full and final settlement along with medical reimbursement paid in month of march end.
Will his wife need to pay tax for this and if so under which section/heading
what is section and Ineligible ITC due to difference in place of supply. Please give examples.
What are
Ineligible ITC on time-barred invoices in terms of Section 16(4)
Ineligible & eligible to reclaim ITC in terms of Rule 37 (non-payment of consideration within 180 days)
Taxation of Virtual Digital Asset