i bought reliance in 3 lots, how to calculate long or short term as fifo may give more than 1 date right?

example - 3 bought reliance ,
then 2 sold,
then 6 bought reliance,
then 5 sold.

for this 5 sold, 2 fifo dates will come. 1st lot date and 2nd lot date.
then how to calculate period of holding?

my view--> take any date in fifo to calculate period of holding (long or short term).

As I am trying to generate revised Form 16A, the IT portal is showing correction return (Form 27Q) filed till 27th May. But I filed latest correction statement on 20 June and TRACES portal shows the status as processed without defaults.
Query: Is it normal for processing time to be this long (last TDS return was revised on 20 June) on income Tax portal.
I need it because it will have Provisional Receipt Number that is required to be mentioned for generating revised Form 16A.

Hello sir ,
Want to check if any one have salary income less than 10 L per annum and having capital gain less than 1 L . Not having any major income like house property. She also received gift for mutual fund from her spouce but that mutual fund yet not sold so Clubbing not applicable to her spouce.

Can he/she should filled ITR1 rather than ITR2 ?

Dear Sir/Madam,

One of my clients has missed the due dates for filing GSTR-4 Annual Returns from F.Y. 2020-21 onwards. As of now, the GST portal allows filing only the GSTR-4 for F.Y. 2023-24. However, I am unable to proceed because the GSTR-4 Annual Returns for F.Y. 2020-21, 2021-22, and 2022-23 remain unfiled.

Kindly guide me on the following:

How can I file the pending GSTR-4 Annual Returns for F.Y. 2020-21, 2021-22, and 2022-23?
Is there any provision for condonation of delay, waiver, or any special procedure that would enable filing of these pending returns?
If filing of the previous years' returns is not possible through the GST portal, what is the prescribed course of action to regularize the compliance and enable filing of the subsequent return?

I would appreciate your guidance on the appropriate procedure to resolve this issue.

Thank you.

Hello Sir ,
I have transferred Mutual Fund to my wife of 1L in Aug 2025. So off Market Credit transaction is of 1 L is showing on her AIS/TIS.

If we need to declare this in ITR1 (Schedule EI , other sections (Receipt not in nature of Income ) ? Or no need to show this .

As per Finance Bill 2026 ie. Bill.NO. 3 of 2026- as there is an amendment to section 139 vide clause 5- according to which " the assessee having incoem from profits and gains of business or profession whose accounts are not required to eb audited udner this act ( Income Tax Act,1961) or under any other law for the time being in force- filing of Income tax returns - for the Asstt.Year 2026-2027- the last date is 31st, August 2026- is it correct ?

For generation of Revised Form 16A
During the step KYC Validation -
Complete the KYC Validation using a Digital Signature Certificate (DSC) or Normal KYC (providing Token Number and Challan details).
(Question
1) Are RRR Number as per Income Tax portal and token Number as per TRACES PORTAL are same)
2) Are Statement Receipt Number as per Income Tax portal and Provisional Receipt Number as per TRACES PORTAL are same
3) Should I mention the Statement Receipt Number or the RRR number as mentioned in the Acknowledgement receipt on Income Tax Filing portal for Provisional receipt Number as asked on the Traces Portal for generation of Form 16A?
4) Do I have to mention the Provisional Receipt Number of the Regular (Original) TDS return filed for that specific Form 27Q or mention the Provisional Receipt Number revised/corrected Form27Q for generation of Form 16A .

2) How to enter details of two challan (both Challan belong to one single PAN -person) –
Reason - The screen provides a slot for just one challan
(Question -
Challan Details: For TDS amount
Under TDS Amount, Should I enter the amount of tax deducted for that specific PAN under that specific challan as reported in the original TDS return or should I total the amount of both Challan and enter (Both Challan were reported in the original statement and entered).
Or for PAN / TDS combination – Should I make two entries for two challan amounts

Dear experts my query is ....
We purchase soyabean from farmers and sell this to registered person and registered person further sell to factory ?
What is hsn code and gst rate ??
As far as i seen the cbic gst rate list issued after sep 2025
Soyabean other than of seeds quality chargable at 5% ....

Whether an LLP is legally incorporated upon the issuance of the Certificate of Incorporation despite the non-filing of Form 3, and whether a partner can subsequently exit or seek dissolution of the LLP if Form 3 remains unfiled?

I want to start gst invoicing no from 101 for financial year 2026-2027 and delivery challan no 201 for fy 2026-2027.Can I start from above nos. I purchased goods from gujrat and send goods to kolkata by my supplier to storage house.Now after goods reaching there I issued delivery challan on date of loading from gujrat and prepared outward supply e-way bill for storage. So 2 e-way bills are issued for same goods .one by my supplier and other myself for storage with same vehicle no .Is it as per gst rules . please clarify with examples?