Dear Expert,
I am Salaried Person with salary of 2.75 Lac.
I'm earning by Tuition fee of Rs. 150K.

Can I show this Tuition fee in "Income from other sources" by filling ITR 1 ?

My Client invested in KVP Amount Something 9 Lkah Rs (Kisan Vikas Patra ) Kvp Matured in 2023-24
Maturity amount is KVP 18 Lakh Rs. 9 Lakh Rs. Interest Shown in AIS

My question is Interest Received 9 Lakh rs. is for 9 Years . if i show this interest income as per AIS in ITR . Client have to Pay Huge Tax in 2024-25 Return .
So how to Show this Interest income in A.Y. 2024-25 ??

For Financial year 2023-24(Assessment year 2024-25) , I had selected old Tax regimes in my organization while Tax declaration so my form 16 calculation is also calculated as per old regime.

Can I select/change it to new Tax regime while filling ITR for Financial year 2023-24 (Assessment year 2024-25 ) as I can save more tax with new regime?

One of our client applied refund on export of services without payment of IGST. The GST Authorities issued deficieny memo after 45 days for four ARNs. Now we are unable to file again the refund for the same periods due to the following messages displays while initiated to file the refund application.
Error : Deficiency Memo (GST RFD-03) has been issued for previous period/s. Please file refund application for previous period/s before filing for the selected period.

Please let me know how to solve the problem.

A Company claimed deduction u/s 80JJAA in the AY 2023-24 after fulfilling all the conditions specified u/s 80JJAA. In AY 2024-25, the company has hired new employees but total number of employees as on 31.03.2024 is less than that as on 31.03.2023 because many employees have left the company. Whether the company can claim deduction u/s 80JJAA for the second & third year for employees joined in FY 2022-23 & 2021-22 respectively?
Also, for second & third year, for calculating the amount of deduction, whether increment in the salary need to be taken into account or the deduction should be same for all 3 years?

My Son was in Service in India May-2018 till Jul-2020 , then left the Employment and went to abroad for Studies .
His EPF money withdrawn in full last Nov'23 around Rs.1.18 lACS . As per 26AS TDS deducted Rs. 13144 /- ( REGIONAL OFFICE BOMMASANORA 2) . Need to claim this deducted amounted since his overall Earnings is less than basic Exemption of Rs. 2.50 / 3.00 lakhs

While filing IT , where should we show this amount .

Should it be shown Under Salary head ( Salary from Provident Fund Office ) , if we show under salary head subsequently it offers another Rs.50000 /- Standard deduction , Is it OK . or should we show it as Income from other Source .

In IT - TIS it is said as - Receipt of accumulated balance of pf from employer u/s 111

Can we take Indexed Cost of Acquisition value on Sale of Equity Shares on Long Term and claim tax exemption limit Rs.1.00 lakhs during the FY 2023-24

Dear Sir,

I filed ITR-1, but the return was rejected. Upon reviewing my 26AS statement, I noticed an additional transaction under 194S with TDS of Rs. 0.01 through Coin DCX (Crypto). This amount of 0.01 caused my ITR to be rejected. What should I do next? Can I file ITR-2 instead? If yes, where should I mention this 0.01 in ITR-2?

Please advise.

We have an IRDAI Corporate Agent License. I wish to consult with a CA who is currently doing audit, accounts and compliance for another IRDAI corporate agent. My query is regarding releasing commissions for our partners. Please contact at ds@agfi.co.in if you are working with a Corporate Agent license holder.

Hello sir/mam, please help me know my business code and whether I can opt ITR4 44ADA if I work as a music teacher full time. Streams of income are share of fees from tutoring students & performing stage shows. The ratio is 50-50 for the income streams.