Experts /Sir,
Like all EPFO subscribers, EPFO Interest for the FY2024-2025 was credited in July 2025 i.e. in FY2025-2026 (IT AY2026-2027).
EPFO has deducted TDS for the Interest paid. Looks like EPFO has either not remitted the TDS to IT Dept. or have credited it against some other PAN than mine.
Both the Interest paid and TDS deducted does not reflect in my AIS or Form 26AS.
I have raised EPFO grievance and also sent EPFO Commissioner an email, but there is no response.
The only proof I have is the EPF Passbook/Statement downloaded from EPF website which shows Intt. paid and TDS deducted.
While filing ITR for AY2026-2027, is there a way I can claim this TDS without the AIS/Form 26AS reflecting the Intt. paid and TDS deducted ?
Appreciate your expert advice.
Good morning Sir,
I have a query regarding Section 44AD.
Can interest income earned from a money lending business be treated as business income and offered under Section 44AD? Or should such interest income always be shown under the head "Income from Other Sources"?
Could you please clarify the correct legal position and any relevant provisions or judicial precedents on this issue?
Thank you, Sir.
Which ITR to file if the TDS is deducted under 194A and 194C? If I'm filing ITR3 it's showing you cannot file under this as there is no business income and if I'm filling under 2 its saying I cannot file under ITR 2 as 194 C is not considered under ITR 2
Issue: A salaried employee is getting reimbursement of Fuel/driver expenses etc as part of his salary against his own car. So far in old regime, he can claim the exemption u/s 17(2 of Rs. 32,400/- for his small car. However, while switching to new regime this year, he is unable to claim the same in ITR-2, though the Form captures the perquisite amount under the Income Head- Salary properly. My query is -
1) Is this exemption u/s17(2) is still available under New Tax Regime ?
2) And if so, how can this be claimed in ITR-2?
Hi,
Property purchased in 2005 by a partnership firm. Now the firm is getting dissolved and two partners receive 50-50 share in same property after dissolution.
Partnership firm will pay capital gain tax on recokner value as on date.
What will be the cost to partner when they sell their respective share in future?
Will it be recokner value as shown by partnership firm? Or cost to previous owner i.e original cost paid by partnership firm with indexation?
Pls advice
Regards,
how to apply pan card for self help group. what are the require documents.
Hi,
I had purchased 3 land parcels on different dates, different sellers and separate registries.
1. Oct 2024 - Seller 1, Land 1 - 100 SQM, COA - 10L
2. Dec 2024 - Seller 2, Land 2 - 100 SQM, COA - 10L
3. Jan 2025 - Seller 3, Land 3 - 100 SQM - COA - 10L
I sold all 3 parcels of land combined to one buyer in a single registry.
July 2025 - Buyer - 300 SQM - Value - 45L
- The above transaction has to be reported as Short Term Capital Gain for ITR FY 25-26.
The STCG section does not have an option to report multiple registries together and only one date of purchase can be entered.
1. Option 1 - Report each land sell separately, by dividing the sell value in 3 equal portions.
2. Option 2 - Report total land sell in one go, by taking the date of purchase of the earliest land.
3. Option 3 - If any other option can be suggested.
Please advice on how to go ahead with this.
Thanks in Advance.
While filing my exam form for November 2026, an error is popping up saying " You are not allowed to file the exam form due to non-compliance of article training details", even though the status of my articlehsip is showing "competed" on the portal and all the approvals are already done, articleship was completed on 24th Feb 2026 and I had appear for May 26 exams also. Now, I have no idea why this error is popping up.
Please assist what should I do to resolve this error now?
a dentist receive salary from his employer he receives some amount from own practice & receives some amount as gifts from his parents which itr should he filed is balance sheet required for itr filling
I gifted mutual fund units to my daughter in January 2026. Now my AIS shows this transaction as off market transaction. Kindly advise in which schedule of ITR-2, I have to show this transaction as a transferor. I understand that my daughter has to show this transaction in exempted income schedule.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS