Dear Sir,

I am a salaried employee having annual salary income of 7 Lac. I had incurred loss of INR 8.50 Lakhs in intraday trading of stocks in last FY 2024-25. My absolute turnover was 10.50 Lacs.

It there audit required for filing my income tax return. If yes, which section will be applicable on my ITR.

Please suggest

Can i take salary in favour of a Spouse if she is not an employee of the company ???

Under which head of income should i show & if it is a business income then what will be the code.

Is gift from Father's Brother is taxable? what is the exemption limit? how to declare the same in ITR 4?

In ITR 4, where to declare the income from sale of shares in short term .?Short term gains declare under which head?

Is it compulsory to file ITR if there is zero income in case of Firms/AOP,
Please advise asap

In Form-ITR4, i can show income of two businesses under 44AD, one of which is GST registered and the other is unregistered.

I have not purchased any Time Deposit (FD) in SBI where I have a Savings Bank/ Pension Account. The system has been creating Multi Option Deposits by Sweep function whenever the balance exceeds a threshold of Rs 5000 or so..Maybe (I'm not sure) because of this an amount of more than Rs 50 lakhs has been shown as spent on Purchase of Time Deposit under SFT-005 of the AIS. In any case I have not purchased a Time Deposit at all on SBI. The online information under Deposits of SBI does not show purchase of such deposit. There is no mention in the Interest Certificate also. What should I do? Can someone please guide me? Thanks and Regards

sir i have filled, as i have done sale & purchase in same financial year so its auto populating 0 even then its asking me to fill cgas detail when moving for submission. i have done multiple check. only 4 days left i am facing this issue from last 2 weeks. i was waiting if there is some error it will get correct but not happening

Sir, As per the Act,1961, U/s.194J(1) has 5 clauses such as (a)Fee for professional services, (b) fee for technical services, (ba) etc, etc,. Now the TDS rate for (a) is 10% and for (b) 2%, but when we see the TDS module from the department, it is made as 194J(a) is for fee for technical services and (b) is for fee for professional services. Even when we observe the 26AS ie. ATS down below table speaks the same. When we file eTDS returns also, the system takes (a) is towards technical services and (b) is towards fee for professinial serevices. So, is it mistake in the TDS module made by the Dept. and if it is mistake we are also following the same mistake I hope. Kindly clarify as to whether my observation is correct.