Pooja
24 March 2025 at 13:58

Tax calculation on shares

For fy 24-25 I have got speculation intraday trading profit of 100000 (1lakh),SHORT TERM CAPITAL GAIN ON SHARES IS 4 LAKH AND LONG TERM CAPITAL GAIN OF 3 LAKH. ON WHAT AMOUNT OF SHORT TERM CAPITAL GAIN I WILL HAVE TO PAY TAX.And WHat tax I will have to pay on intraday speculation profit of 1 lakh? I am a senior citizen, and i have no income othan this income


DIVYESH JAIN

Dear Sir,

One of my client has received a mail with the above subject line from Income Tax. While verifying it after logging into Income tax site there is no such notice. The amounts shown in the email are correct for HRA Exemption taken in Form 16 and while filing the return.

My query is if the rent amount per month is more than Rs. 50,000/- and the person has not deducted any TDS on the rent amount paid and claimed the exemption in his Form 16, then is there a way to rectify the error. The client has filed his return of income under Old Tax Regime.

Please help on the above matter.

Regards,
Divyesh Jain


Ankit Singh

Hello,
I completed my ca articleship in Jan 2025, but my total leaves is 300, and due to which the excess period to be served is 187 days. So, I want to served the extension period under new principal.
So, my question is that is there any possibility to do that under new principal and if so, what could be it possible procedure to do that.
Kindly do please look into it.
Thanks,


al.subramanian

stay petition on stay of tax demand model


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mohd bilal
23 March 2025 at 14:16

Partnership with Minor

PLEASE TELL ME CAN A PARTNERSHIP DEED MADE BY HUSBAND AND WIFE WITH THERE MINOR DAUGHTER


R.KANDASUBRAMANIAN

Sirs. FY 2024-25. NRI not allowed for indexed cost after July 23 2024. Whether cost of improvement allowed to claim. NRI s property was gifted by parents before 2001. Is this property also indexed cost not eligible. Pl advise


ATUL online
23 March 2025 at 13:06

LTCG on Sale of Building

MY CLIENT (FARMER...HAVING AGRICULTURE LAND ) JOINT OWNER OF.............BLDG SINCE 1954

IF BLDG IS SOLD.............IN HIS SHARE GOT AMT

TO SAVE...LTCG

PARTLY INVEST IN........RESIDENTIAL FLAT (READY POSSEION)

& PARTLY AMT................USE FOR PURCHASE OF...........3 DIFFERENT.......AGRICULTURE LAND