One salaries person deposit cash more than one crore in FY .2024-25, in his saving bank account.
which is related to other person business receipt.
Which is day to day transaction cash collection and deposit daily in 1-2 days at bank.
Please suggested solution, how to deal with problem and how to file ITR and which ITR (under which section) in this case.
how much income to be declare
Sir a indvidual let out property (shed) to a company and they deducted tds 194Iab
my query is
should we declare income under income from rental property(claim section 24 easily)
OR rental income from building, plant (where show this income and how to claim section 24 (repair and maintance 30%)
please advise
regards
Vikas
1. Please share list of valid legal heir certificate for Wife of deceased person FY 2024-25.
2. Can Aadhar of wife be accepted as Legal Heir Certificate as it has name of Husband.
i have one query.
If a senior citizen spends more than Rs 2, lakh on foreign travel expenses and also has taxable income. So, where to show these expenses in ITR 2 .I do not see any Schedule FT.
I am a resident senior citizen having income from Govt pension and bank FD interests only.
For FY 2024-25 my bank issued an int certificate showing a certain amt as Term deposit interest paid/accrued.
But, AIS of efiling portal under head SFT information shows for the same bank interest amt for Time Deposits a few thousands more, date of reporting being 22nd May.
Which amount is to be taken into consideration for computing income for FY2024-25( AY2025-26) for payment of tax?
Please, advise.
what form to be used if an assessee is having income from other from agricultural and income from other sources
What is the difference between ITR 3 and ITR 4?
If one can shift from ITR 3 to ITR 4 in any Financial Year?
Which form is appropriate for Freelancing and consultancy profession who does not maintain any books of accounts
AS WE HAVE...JOINTLY..(5 MEMBERS)....HAVE BULDING
ONE OF TENANETS....SOLD ROOM
ON WHICH....RECD......TRANSFER FEES RS-25 LAC....5 LAC EACH
WHERE TO SHOW IN ITR
WHAT ARE THE OTHER DETAILES REQUIRED RO FILE IN ITR
Hello there
Kindly provide a solution on how to treat F and O losses in Income Tax Return.
Online GST Course - Master the Fundamentals of GST with Practical Insights
Cash deposit in individual account more than one crore in FY24-25