Dear Expert,
My clint sold property (One Home) in may 2024 of Rs 65 Lakh and he used this amount in construction new home and get the exemption U/S 54 of Income Tax. He mostly make payment in cheuqe for material but he pay Some cash Approx 5 Lakh to labour for construction work which is actual. Now My Question is can we consider cash expenses for labour work for construction under Section 54 (In Constructon of New Property) of Income Tax.

Thanks in Advance kindly give me suggession soon. if answer in yes than which section allow this.

IF ASESSEE HAS FILED ITR 3 FOR AY 24-25 UNDER OLD REGIME AND NOW HE WANTS TO FILE UPDATED ITR FOR AY 25-26. SINCE DEAFAULT REGIME FOR UPDATED ITR IS NEW REGIME AND ASSESSEE WAS UNDER OLD REGIME LAST YEAR SO AT THE TIME OF FILING UPDATED ITR IN NEW REGIME, FORM 10IE ACKNOWLEDGEMENT NUMBER IS REQUIRED AND FORM 10IE CANNOT BE FILED AFTER DUE DATE.

HOW THE ASSESSE WOULD BE ABLE TO FILE UPDATED ITR 3 FOR AY 25-26?

I am legal heir of my husband and after his death I had filed his ITR as representative assesse. I have got an intimation with refund for AY 25-26 but the same could not be credited to account as the account given for refund was of my deceased husband and account has been closed. How can I apply for reissue of refund with my saving account details?

When a share gets delisted, it effectively means it's value becomes zero but it would not get captured in AIS.

Can this loss be booked AS LTCG LOSS. If yes, how should it be reflected in ITR.

Also, can such shares or any shares which hardly trade, be transferred off market to a family member with last price payment made for it and book loss for it

DEAR SIR,

I HAVE NOT FILED GSTR 1 FOR THE PERIOD OF DECEMBER 2021. NOW I HAVE APPLIED FOR CANCELLATION THE TAX OFFICIALS APPROVED CANCELLATION BUT FINAL RETURN CAN NOT BE FILED BECAUSE OF STILL PENDING OF NON FILING OF GSTR 1 FOR THE PERIOD OF DEC 2021.

NOW THE GSTR 1 RETURN CAN NOT BE FILED BECAUSE AFTER EXPIRING 3 YEARS OF DUE DATE.

HOW CAN IF FILE THIS RETURN IF THIS RETURN NOT FILED I CAN NOT FILE FINAL RETURN

PLEASE SUGGEST ME

THANK YOU

REGARDS

I want to file Income Tax return Form 2 for AY 2019-20 in terms of one circular which will result in refund.
when i login income tax portal under "Services" "Condonation Request" only
Type of condonation request you want to proceed with*
Delay in submission of ITR-V
is available and allow ITR filing after time-barred is not available.

In this case how to obtain condonation request to file ITR ?

Hi,
just wanted to check when to deduct the tax and calculate the interest on rent paid..

i have paid rent 1890k from apr-dec'25...i just wanted to know from when to calculate the interest on it? when it cross the threshold or from the beginning??

There were two IRMs on 21.07.2025 & 30.06.2025 of USD 50135 and USD 44110 respetively against which one shiping Bill generated on 21.07.2025 of USD 94360 consisting of two invoices EXP/001/25-6 for USD 88260 and Exp/002/25-26 for USD 6100. How to generate eBRC in DGFT site linking two IRMs with singke SB with two invoices?

I wish to surrender my GSTIN. But some ITC shown in ELECTRONIC CREDIT REVERSAL AND RE_CLAIMED STATEMENT. Now, what to do ?? Can I surrender as it is or want to permanently reversal ? Please help me.

In case of Public Charitable Trust under Income Tax Act to claim exemption under section 11 one is supposed to file Form 9A and Form 10. Under which condition Form 9 or Form 10 has to be filed or both are required to be filed? If any one form has to be filed and if both the forms filed then what will be the consequences? Is it mandatory to file Form 10 for claiming exemption along with 9A?