I wash registered under the Old scheme for CA Articleship and have been actively engaged in it for over 1.5 years. However, I am facing challenges in balancing my workload from the office Articleship with preparing for my intermediate exams, which I have not yet cleared.

I am considering taking a long leave from my Articleship to focus solely on my exam preparation and then returning to resume my Articleship afterward. I am seeking advice on whether this is feasible and what steps I should take to initiate this process.

Has anyone been in a similar situation or have any insights on how to navigate this? Any advice or guidance would be greatly appreciated. Thank you!

I had taken a 15-year BIma Bachat Policy for Sum Assured: Rs. 1,00,000/- on 11/10/2008 and paid single Instalment Premium of Rs. 79,213.00 with date of Maturity: 11/10/2023.
On maturity I have been paid Rs. 1,04,713.00 by LIC in my account with TDS deduction of Rs. 4500/-. (Reflected in AIS as "Receipts from life insurance policy-Section 194DA"by LIC: Rs. 90,000).
Please help me with the following queries: and advise me on how to reflect this in ITR1 filing for Income Tax for AY24-25:
a. What is the INCOME for FY 23-24 on this account?
b. How much is taxable income and
c. is it "Other Income" or other head?
d. What to do with the TDS already deducted?
Thanks for your help and support.An early response will be highly appreciated.
Yours Sincerely,
Prof. (Dr.) M. Goswamy

DEAR SIR,

WHILE FILING ITR FOR THE ASS YEAR 2024-2025 WHEN OPTING OUT FROM NEW TAX REGIME TO OLD REGIME COMPULSORY FILE FORM 10IEA. NOW IF PREVIOUSLY FORM 10IEA NOT FILED INDIVIDUALS JUST DEFAULT THE NEW TAX REGIME AND FILE THE RETURNS. THOSE WHO HAVE NOT CHOOSED NEW TAX REGIME IN THE PREVIOUS YEARS FORM 10IEA NOT REQUIRED TO FILE JUST DEFAULT NEW REGIME FILE ITR

PLEASE CLARIFY ME

REGARDS

Dear Experts,
1 A company is remitting the Security depoait to the Electricity Dept.
2 Shall it can be accounted under the group of Loand and Advances?
3 Since this security deposit will not generate any interest income?
4 If it is grouped under investment,there will not be any capital appreaciaiton.
5 Has it to be accounted under either Financial asset or investment?
6 pls clarify that under which group, it can be positioned which will be appropriate one In Stat Audit point of view also.

How to solve this error in TDS 24 Q Qtr- 4 F Y 2023-24? ( Se-10(14) other special Allowance)

Can a sez unit import goods by paying duty

I am planning to gift share to my wife.
1. Is there any limit to gift share to my wife?
2. If my wife selling the shares with in one year, who is accountable for short term capital gain tax, me or my wife?

Dear Sir/Madam,
I am my wife in joint ownership have purchased a flat in Greater Noida, Uttar Pradesh and paid the total consideration( including 1% TDS ). Both of us paid half of total consideration individually to complete full consideration. So, now builder has asked to pay the stamp duty and registry fees.
Kindly resolve following queries.

Query (1) Whether the stamp duty can be paid by any one of us or will have to be paid up by both of us to SHCIL , Uttar Pradesh ?
Query (2) Whether the stamp duty can be paid by online NEFT mode ? I am preferring NEFT mode.
Query (3) Whether the Registry fees can be totally paid online as well ? Builder asked me to pay it 1% cash but I prefer online.

Pls advise.

What should be done at the time of ESI return filing if we have an employee who was previously enrolled for ESI and now has a salary that crosses 21K?

if the person have income from salary +some income received as a professional fees(TDS also deducted) + Rs. 5000 short term capital gain + Rs. 19000 long term capital gain so in this case which ITR form to be filled please guide