Suresh S. Tejwani

An issue arises while attempting to establish a connection with the Traces WebSocket eSigner. Despite several attempts, unable to connect successfully. what is solution in this regard?


VISHAL SHAH

Mr X is non resident Indian and he is owner of resident house since 2002 and purchase cost is Rs 20 Lac. he has sold the resident house during the Financial Year 2024-25 for Rs 80 lac. He had received token money of Rs 20 lac in April 2024 and remaining amount of Rs 60 lac in August 2024 at the time of registration of sale deed. sale deed is register on 25 August 2024. my query is whether , Mr x is eligible to get indexation benefit or not on the basic of token money is received before 23/07/2024 by account payee cheque?


Suresh S. Tejwani

If we filed ITR-5 for a trust in FY 2023–24, can we revise or rectify it after 1 year and change the form ITR-5 to ITR-7 ?


Hasti Rangani

Mr A. has purchased a residential property in F.Y. 2005-2006. He is selling this property in F.Y. 2025-2026. He want to claim exemption under Income Tax.
Can he purchase bonds specified in section 54EC(he is not willing to by any other residential house property) ?


D G MOHAN
13 November 2025 at 16:31

Long term Capital gain Exemptions

An industrial property was sold in urban area. About 90% of proceeds were used to clear liabilities accrued for a long time. Base value is very small compared to sale value. No investments were made. Please clarify other than investments any other exemptions are available for capital gain.


CA. Ankit Vijaywargiya

One person agreed to sold urban agriculture land in FY 2024-25. 20% Advance amount is received in the same year but registry is done in Sept 2025.

When liability to pay capital gain will arise ?




MAKARAND DAMLE
12 November 2025 at 17:39

Refund for NRI

ITR 2 for NRI for AY 25-26 was filed on 14.08.2025 asking for refund.
Refund has failed due to PAN Inoperative
Department is asking for PAN And Aadhar
Since the assessee is NRI he does not have Aadhar number ?
Refund reissue request also cannot be raised since PAN is operative

What steps need to be taken so that refund is credited to his bank ?


NK1976

Dear Sir,

I want to know what is the tax liability on withdrawals of Employee provident fund.
My services in company is more than 30 years and now i am withdrawing the full balance of EPF Account. Now it is large amount in EPF account. I am the senior citizen and getting salary from the company and regularly filing the income tax return. I want to know the any tax on withdrawal of EPF Balance amount or it is exempt from income tax.

Thanks
N Kadam



rajesh parai
12 November 2025 at 12:53

Switching from Sec 44AD to Sec 44ADA

i have been filing my returns under Sec 44AD for different Business but then i discontinued business for FY 2025 - 26 and started earning as freelancer for consulting so can switching from Sec 44Ad to Sec 44Ada can trigger income tax notices or can we switch and


T.N.Reddy

Sir, for the F.Y 2012-2013 and 2013-2014, for a particular company we could not able to find the the TDS statment filed -token numbers/receipts-Ack's.numbers- are not found with the assessee. So, can we make request in the traces for requesting such token/receipt/ack.numbers, becuase without which we are not able to view whenever any notice/intimation is recieved for damand. Any idea regarding this sir.






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