FY 2024-25; ITR2 online eportal used for filing.
Dear Sir/Madam,
Debt Fund LTCG losses prior 23/7/24 not offset against gains incurred from transactions post 23 /7/24 .
Txn before 23/7/24- LTCG Loss Rs 10K.
Txn Post 23/7/24 - LTCG Gains Rs 25K.
ITR2 online Portal shows gain of 25K instead of 15K. Is this correct ?. Shouldn't the effective gain be 15K instead ?
Thanks.
Whether to disclose Property received as Gift from Parents in IT Return?
If yes then where to show?
My client is an employee working in multinational company. He purchased some Shares from New York stock exchange in 2022 to 2024 in small units and in Jan 2025 he sold all the shares.
i want to know how i have to present this transaction in Income tax return in CG Schedule.
also Weather i have to give report with bifurcation as per purchases or directly single entry i have to mentioned.
In single entry what will be the date of acquisition then ?? as i have to convert share price from US doller's to INR date wise.
Sir
A Govt Company (registered under Companies Act) acquire a society (which shown as a project of the Government)
.My query is as the society is not come under Companies Act does such acquisition require sanction from NCLT under Companies Act?
Regards
Abhijit
RBC (Registered Firm) despatched goods through a Regd. GTA, to XYZ (Unregistered Person) on `To-Pay' basis.
Freight is payable by XYZ(Unregistered Person).
In this case, is RBC liable to pay gst under rcm, since not making payment of freight?
Thanks...
Dear Expert,
In A.Y 2024-25 there were a TDS u/s 194S an amount of Rs 60
1) plz suggest me which ITR to be filled for this, with another income is from business.
2) can i file the ITR U for this with a late fee of Rs 1000
3) Is TDS amount can be adjusted with late fee of Rs 1000 ? or should i have to unclaimed the TDS and 194S income in that year ?
Plz suggest, Thank you
Dear Sir / Madam,
My question is as follows:
Mr. A is a GST-registered dealer providing gaming services. He reported his income u/s 44 AD for AY 2023-24 & AY 2024-25.
In AY 2025-26, he suffered a loss of Rs. 450000/- and doesn't want to continue u/s 44AD. His other income includes Interest income of Rs 12563/- and no other income.
1) Can he opt out of section 44AD and report his P&L Balance sheet and claim a loss of Rs. 450000/-?
2) Will he be liable to tax audit if he opts out of presumptive taxation?
Please guide
Regards,
Suraj
I had filed form 26QC correction and it has been approved by the landlord but now its stuck on AO approval. Will there be a problem getting the approval from AO? How to find out his contact details and what are the documents required to be submitted to the AO?
Sir / Madam,
I have shares of Gateway distriparks purchased before 2018 (grandfathering concept) . I got 4 shares of the resulting company after the merger and relisting in 2021-2022. I have not sold the shares so far. What shall be the capital gains if I sell now and what shall be the date of purchase?
Hi Sir , One Jaibhavani Medical Enterprises Partnership form , GST Registration is there from Jan 2025 , in Three months two three purchase Bills and two Sale bills.Net GST turnover from 01-04-24 t0 31-03-25 ,1,30400/- ( jan 25 to mar-25 ) which itr used for filing
All Subjects Combo (Regular Batch) Jan & May 26
ITR2 - LTCG Losses not setoff against LTCG Gain for Debt mutual fund