hiii
commission income is 55,000 and depriciation is 32000, other business expenses is 76000, tax audit is required???

i Sharmila got divorce during Financial Year 2024-25 on following conditions :-
a) One House was bought by my husband in my name on loan and EMI was of Rs. 43000 per month and the terms were agreed that Mr. Husband shall transfer 70000/- per month to my account out of which 43000/- shall be transferred to bank as EMI and rest Rs. 27000/- shall be against monthly alimony and maintenace charges. It is pertinent to mention here that we have no child and all the amount received is for my own purpose.

There is no other term on which settlement has been decided to receive alimony

Hi,

I am filing ITR 3, shown EPF Employee contribution amount under Schedule EI(exempt income). But getting upload validation error like this "[#/ITR/ITR3/ScheduleEl/Otherslnc: required key [NatureofDescDivName] Please contact the developer of your utility with the error key not found] ".

Description field is not visible while editing when we select Recognized Provident fund in the dropdown. tried changing to "any other sources" option then got the description column. but still facing the same issue.

kindly advise on how to resolve this.

Sir,

I want to file ITR 5 and ITR 3 for fy 20-21 & 21-22 . Do the form availiable for filing.
Please tell.

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