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Sir, One of my clients, have given a plot for development on 12-10-2021 and he got two flats allotted to him against the plot given for development. The 2 flats alloted to him got occupancy certificate from municipality on 30-9-2024. He had forgotten to tell the information while filing his ITR for 2024-25 FY. In 2025-26 FY he has sold one flat and one is kept for him self. As on the date of getting occupancy certificate he has one house only. Can he claim the exemption under section 54F on one flat and offer LTCG on the sold flat in ITR for 2025-26 FY or He has to revise his ITR already filed 2024-25 FY , by claiming exemption on one flat kept for him under Sec.54F and pay tax on LTCG on sold flat . Please kindly give your expert advice to the above questions.


Rajkumar Gutti online
21 August 2026 at 14:12

Medical facility

We are tie up to one hospital for services of medical
Facility, such as operation, consultation, Lab test, etc.
Such service we give to poor people.
Can this service we are applicable for deducting tds.
If yes which sec. And rate


Suresh S. Tejwani online
21 August 2026 at 12:55

TAX TREATMENT OF COMMODITY

what is the treatment of commodity trading in itr form for AY 2026-27?


ARUN GUPTA

"Why does a private limited company choose to keep a portion of its authorized capital unissued, such as issuing only 50 lakhs out of a 1 crore limit?"


Yasir
21 August 2026 at 12:16

EPF RETURN FILLING

A ESTABLISHMEN TAKE EPF REGISTRATION ON 25-01-2025. AFTER TAKING REGISTRATION NO RETURN WILL BE FILED
HOW TO FILE ALL PREVIOUS RETURN IN EPF PORTAL


Rajkumar Gutti online
21 August 2026 at 11:00

Patient expenses

Our company paing hospital bill for needy patient.
Bill include medicine cost, room charges, surgery charges, lab test charges, Dignosis charges.
Can above bill payment tds u/s 194 Q applicable.


MITHUN verma
20 August 2026 at 19:48

Stop filling ITR

Sir, my annual income is below ₹2.5 lakh, and I have been unemployed for the past two years with no current source of income. I am currently managing my monthly credit card payments of around ₹35,000 with the help of my relatives and some of my old savings.

Now, I want to stop filing my ITR because, due to my ITR filing, my entire family’s ration card has been discontinued, and I have also been removed from other government schemes, even though I currently have no income.

Therefore, I would like to know whether I can stop filing my ITR permanently. Could this cause me any problems?


Suresh S. Tejwani online
20 August 2026 at 17:45

REGARDING TURNOVER LIMIT

"Is a tax audit mandatory for a LLP with a turnover of less than 1 crore , and is the income tax return valid without a tax audit?"
similarly in case of company if turnover less than 1 crore then only income tax return valid without tax audit?


NITIN

RCM OF RENT OF APRIL 2025 WAS MISSED AND NOW WANT TO PAY IN OCTOBER 2026 GSTR 3B RETURN. IF WE CAN DECLARE THIS LIABILITY OF RCM IN GSTR 3B OF SEP 2026 AND TAKE ITS INPUT IN GSTR 3B OF SEPTEMBER 2026 MONTH?


PRADEEP

The Applicant was a sole proprietorship concern of Late XXX , who had filed an appeal against the GST Demand Order during his lifetime With a Pre- Deposit of 10 % (Rs.4,00,000) Which was used from Credit Ledger. The said proprietor unfortunately passed away on 02.03.2026, while the appeal proceedings were pending. Subsequently, the Appellate Authority passed the Appeal Order dated 07.08.2026 in favour of the Applicant, resulting in a refund of approximately Rs.4,00,000 (Pre-Deposit) /-.
However, the bank account previously registered/linked with the GST registration was maintained in the name of the deceased proprietor and has since been closed due to his demise. Further, there is presently no operative bank account available in the name of the deceased proprietor against his PAN for receiving the refund. Is there Any other possible ways to get that Refund.






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