Rajesh Topiwala
18 January 2026 at 11:21

54 F DEDUCTION IN RESIDENTIALPROPERTY

One of client enterd in the purchase of a residential unit, say in January 2026 for under construction. And in February 2026, he sold commercial property.

My query is whether under construction property FIRST and then sell the commercial property. Ccan he get deduction u/s 54 F in Income Tax?


Purva Patil
18 January 2026 at 09:44

GST Registration for Fiverr

Is GST registration mandatory for working on freelancing platform Fiverr?


Hukam Chand online
17 January 2026 at 22:38

Statuatory audit and company audit

My company name is Aniket India Private Limited and the annual turnover is approximately ₹3 crore.
Due to certain financial constraints, the statutory audit and tax audit for Financial Year 2024–25 could not be conducted within the due time. Additionally, the TDS returns for FY 2024–25 have not been filed for any quarter.

I would like to seek guidance on the following points:

1.Is it still possible to complete the statutory audit, tax audit, and all pending ROC compliances for FY 2024–25 at this stage?
2. If yes, what would be the approximate penalties, late fees, or additional charges applicable under the Income Tax Act and Companies Act?
3. Should I file the pending TDS returns for FY 2024–25 now, even though they were not filed earlier, and will this be mandatory or advisable for completing the statutory audit and tax audit?

Kindly suggest the best practical and legally compliant course of action to regularize all defaults with minimum risk and penalties.


hari
17 January 2026 at 17:29

OLD MACHINERY SALE

SIR,

WE HAVE SOLD SOME OLD MACHINERIES ON PAYMENT OF GST ON TRANSACTIONAL VALUE. NOW THE PROBLEM IS THAT IN THE ACCOUNTS A PROFIT[AS PER INVCOME TAX] IS SHOWING AGAINST THE ABOVE SALE. MY QUESTION IS WHETHER WE HAVE TO PAY GST ON THIS PROFIT ALSO.

PLEASE ADVISE.

REGARDS


Ecstasyvio
17 January 2026 at 17:18

Itr .….......

Whether share trading profits of INR 1 LAC in STT paid and STT not paid all in listed stocks can be shown as business income in ITR. I m trading since 5 year's I m a trader.


Paresh Jani
17 January 2026 at 16:07

Inheritances Share Tax Implications

Madam / Sir,

I have received inherited shares after my mother's death to my account. Say company 'A' which was purchased by my mother for Rs 160 per shares in 2019 and the same is at present trading around Rs 620. The same share is transferred to my demat account after the inheritance process. On the day it was transferred this share was trading at Rs 595. Now in my capital gain report generated by my broker platform it shows that Rs 620 - Rs 595 = Rs 25 per share capital gain whereas actual is Rs 620 - Rs 160 = Rs 460 per share. Thus, while filling ITR for FY 25-26 (AY 26-27) which figure is to be taken for calculating capital gain tax for myself.

Now in new scenario the shares of company ‘B’ purchased by my mother in 2020 @ 146 and the same was inherited and credited in my demat account. I have sold some of these shares in Dec 2025 @ 308. How much would be the capital gain for me for these shares of company ‘B’.

In another scenario shares purchased by my mother in 2021 @ 48 and now it is trading @ 22. If I sell it then what would be the tac scenario.

I request to explain me in detail all these scenarios tax implications for me for filling ITR of FY 26-26 (AY 26-27)

Thank you very much in advance.

Paresh Jani


Sushil Singh
17 January 2026 at 15:55

RCM RELATED QUESTION

Sir
which are expenses treat rcm in gst rule, please give this anser .


RUPALI GAONKAR

Sir,
Need the detail for TDS deduction on the luck and draw coupans- prize Car


Priyanka Agarwal
17 January 2026 at 15:15

ADT-3 AND ADT-1

IF A COMPANY HAS APPOINTED FIRM OF AUDITOR FOR THE FY2024-25 IN AGM BUT AFTER THAT THE AUDITOR DIED THEN NOW WHAT COMPLIANCES TO BE MADE BY THE COMPANY AND THE PREVIOUS AUDITOR FIRM...PLEASE GUIDE ME STEP WISE


Siddharth Kishan Mane
17 January 2026 at 14:35

Mvat Reurn filling for Restaurant & Bar

What is the periodicity of MVAT Return filling from 2024-25 for Restaurant & Bar in Maharashtra
Regards





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