I want to know that a person is employed in merchant navy and earned income in dollar ($) for this person which ITR form to be filed. In ITR under which head his income is to be disclosed.
whether his income is taxable or exempt if except then please give section under which his income is exmpt

Can an assessee opt 44AD and declare a profit higher than 8%.
Also what is tax audit applicability for FNO transaction.

I've read the existing query which mentions this " If 15 years duration bonds with 7.64 coupon rate, they are tax exempt."
But please elaborate about other tax free NABARD bonds

I was sent on deputation by my company to Australia in November, 2022. I spent more than 182 days in India, so I became a tax resident there and as per Australia Financial Year (July-June) cycle, I am tax resident here also. My company paid all my salary from November onwards in Australia bank account though it had two components - India Salary and Australia Salary. Income tax was deducted at source for total salary in Australia and for Indian salary in India too. So I paid double tax on the same income. Now my form 16, AIS and 26AS all contain details including my Indian salary component (which was paid in Aus $) like my total income in India and tax deducted on the same. How can I get my tax refund, How to file my return so as to get this refund?

Sir,
I have 2 quires
1. A Taxpayer Sold a land in FY 2022-23. He Purchased a Flat with year after sold property (Land) more than sold land value. Any exemption in capital gain this condition and which section 54 or 54F or any other section.
2. A Taxpayer Add one additional floor in his existing residential house during Aug-Sep 2022. He sold another land in Mar 2023. Any exemption in capital gain in this condition. If Yes in which section 54 or section 54F or any other section.

Hello! Experts,

Is the long term capital gain exemption upto Rs. 1 Lakh available under new tax regime for A.Y. 2023-24

If an assessee has sold a plot which was held by him for more than 20 years and deposited the capital gain amount in Capital gain account scheme. Also failed to reinvest the capital gain amount into new property. What should be the implication ?

Dear Sir,
While filing ITR, in AIS report in Income Tax paid section Rs.180000/- has been showed as paid. But one entry of Rs.15000/- shows as status ' Inactive' and in Form 26AS TDS is shown as Rs.165000/- . My question is my this Rs.15000/- is not debited in AIS because while filing it is shown as paid actually it is the entry corrected by CA. So what should I do ? Should I go with AIS report or Form 26AS report while filing my ITR

Regards

There are 2 partners in a firm , one of the partner died so whether it becomes proprietorship concern now but pan is in the name of the firm, how to keep the same firm name going, does the asset becomes the asset of the existing partner, not able to understand how to go about it..
Thanks you

In FY 22-23 I had two transactions of STCG nature resulting in an overall loss. how do i show this in quarterly breakdown. i am unable to proceed with filing my return.