I have taken services from an Architect for my Office Renovation, the architect had supplied the material along with designing and labour, the final bill included cost of material andf labor, etc. so should the TDS be deducted u/s 194 C as per Contracutual Services or u/s 194J as per Professional Services?

A. ASESSEE IS A RESDENT INDIAN
HE IS OWING ASSETS IN USA WE REQUIRE CLARIFICATION ON THIS 2 POINTS
1. INCOME DERIVED FROM FOREIGN ASSETS TO BE CLUBBED WITH INDIAN INCOME ?
2. WHETHER FORIGEN ASSET SCHEDULE TO BE FILLED UP WITH INCOME TAX RETURN ?

B. CLARIFY THE ABOVE POINTS IF IN CASE OF ASSESSEE IS AN OCI (OVERSEAS CITIZEN OF INDIA)

if a person being Non-Resident receives profit on sale of equity oriented mutual fund then such person covered under 115AD(1)(b)(iii)provisio of income tax act,1961 for purpose of tax calculation?

If tax payer filled form 10IEA IN AY2024-25
and in this assessment year 2025-26 he want to continue its old tax regime because of his deductions. Is he liable for filling 10IEA in this assessment year?

if tds is deducted and paid and return is also filed against it but later on we received its credit note on another quarter than should we reverse TDS

Tax payable on total income 2
a Tax at normal rates on 15 of Part B-TI 2a 11,306
b Tax at special rates (total of col.(ii) of Schedule-SI) 2b 349
c Rebate on agricultural income [applicable if (12-13) of Part B-TI
exceeds maximum amount not chargeable to tax] 2c 2,500
d Tax Payable on Total Income (2a + 2b -2c) 2d 9,155

if we deducted tds and paid after deducted amount to party but after 8 month we received its credit note than should we reverce its tds or not

Dear Sir,
I field ITR-3 for FNO trading for Ay 2025-26 for Income is not greater than Basic Exemption Limit in Java commen utility,
In schedule Exemption income( EI ), I fill interest Rs.5500 of PPF Interest in interest column and LIC maturity value Rs.89000 in other of 10(10D) life insurance,
But at the time of ITR validation there is error description is [#/ITR/ITR3/SchedualeEI/otherInc:required key[NatureofDescDivName]not found] and In sugggestions is Please contact the Developer of your utility with the error key.
So please know me about what I have do?
Regards,

I was working as private employee and retired after completing 60 years. I received gratuity income and leave encashment after retirement. In form 16, these two part are showing under less deduction section Gratuity section 10(10) and leave encashment 10AA. Do i still need to submit form 10E to claim tax exemption on these two part.

Dear Experts,
I seek your guidance regarding a client’s foreign investment disclosure issue.
My brother (Resident and Ordinarily Resident) had invested in foreign shares during FY 2021–22 (AY 2022–23) and made further investments in FY 2022–23 and FY 2023–24. However, he did not report these foreign holdings in Schedule FA in the ITRs filed for AY 2022–23 and AY 2023–24.
As of now, he still holds some of those shares and wishes to disclose them correctly in the current ITR for AY 2024–25.
Additional Details:
• Residential Status: Resident and Ordinarily Resident (ROR)
• Years of Investment: FY 2021–22 to FY 2023–24
• Dividend Income: Minimal dividend was received in one or more years (but was not disclosed)
• Total value of shares: Never exceeded ₹1,00,000 in any year
• Current return filing: Planning to file ITR-2 for AY 2024–25
Kindly advise on the following:
1. What are the possible consequences or penalties for non-disclosure of foreign shares and dividend income in earlier years?
2. Can he now disclose only the currently held shares in Schedule FA of AY 2024–25, or is it mandatory to revise or update past ITRs?
3. Is it advisable to file Updated Returns under Section 139(8A) for the previous years even if the dividend income was minimal and tax impact negligible?
4. Will such voluntary disclosure now reduce the risk of scrutiny or penalty under FEMA or the Black Money Act?
Looking forward to guidance from the CA community. Thank you in advance.