I have Rs.80000/- Input (CGST & SGST) lying unused in Electronic credit ledger. The balance remain unused from 2017 -2018 onwards. Can I use to set off the liability ( CGST & SGST) for the FY 2025-2026. Pls advice

Sir,
New income tax act 2025 form 25 applicable for professional all or small tax payers f.y.25-26 compulsory or not

Hello all
Pl guide me how much salary we can give to employees in cash during the year as per new provision of income tax u/s 40A(3).
If our company has given salary of 1 Employee for ₹234000/ pa.. per month 19500/ in 2 different days. Is it allowed or disallowed in last FY. ANY PANELTY OR ....
Pl reply
Regards
Sanjay

There is one buyer and two sellers for property sale transaction. consideration is above Rs.50L
1% TDS is deducted by buyer and tds needs to be paid for two sellers
While filling form and paying challan u/s 393 as per new income tax act under the tab details of all deductees(sellers) we filled details of both sellers separately and one challan for entire amount has been generated

My question is after paying challan whether both sellers will get credit for TDS as per their share ?

If after filing return of VAT, at the time of send for verification noticed that tax amount wrongly sent as taxable amount and vice versa, is it attracts any scrutiny or SCN?? Is there is any option for the revised return under VAT?

sir,
q.no.A person form 121 submit to sbi interest income show in sbi only or another bank of india bank fd interest amount show included or only sbi interest show correct procedure

q.no. A partnership FIRM tds registered tan number the tan entered does not exist error showing

qusetion: above two problems solved procedure

Hi,

This query is regarding form 26QB filed in december 2025, a case of two buyers, and two sellers,
both buyers in their 26 QB filled total value of consideration Rs 1.40 crores. it has caused 2 entries of Rs 1.40 Cr in 26AS of both buyers sellers. AIS and 26AS is showing doubled value i.e 2.8 Cr cr as property sale value. the actual value is Rs 1.40 Cr

TDS has been deducted at 1%, each buyer Rs 70,000 TDS amount, total Rs 1.40 lacs TDS

stamp duty value of property was also mentioned as Rs 1.40 Cr

please guide regarding how to rectify 26QB

If a partnership declares income U/S.44AD, whether ITDS provision of Section 194T will be applicable ?

Assessee sold agricultural land having Mango, Coconut and Supari Trees for Rs.81,00,000/-
Rs.81,00,000/- is bifurcated as Rs.62,16,000/- towards sale of land and Rs.18,84,000/- towards cost of house constructed on the land.

My question is whether both above receipts are exempt from capital gains tax ?

Hi,
I would like to know whether an assessee can claim both HRA u/s 10(13) and Interest on Home Loan section under 24? Is there any document from income tax act on the conditions?