banner_ad

ARITRA CHAKRABORTY
22 June 2025 at 22:07

Taxation under the head Salaries

My father is under PSU sector. His annual Income is 36 Lakhs for PY 2024-25. He is having below perquisites:

Free Meal 48,955
Interest free loan 2,544
Income tax on monetary & non-monetary perquisites 17,619
Tax paid by employer on behalf of employee u/s 192(1A) 23,116.

Can he claim exemption on these above items u/s 10?


Ankur R

I was working in Non govt Ltd company . after 13 year of service I was resigned and received some Leave encasements. currently I am working with another Ltd company. is my leave enc is taxable under income tax or not?
Kindly suggest. is Gratuity also taxable in this case?


Venkateshwarlu Pulluri

Good morning sir/s, one of my client claimed ITC on car purchase for May2025 by oversight, is it to pay by filing DRC03 or to reverse in next month i.e., June-2025,

however it is not utilized but c/f in credit ledger of respective month


Ramit

Indian person who is employee of foreign company working remotely in India.
He gets salary through foreign remittance and also he gets some amount for business travel in India in advance. So my question is:-
1. Amount received for travelling expenses within India is taxable or not? If yes then where to show this.
2.Is form ITR-1 is suitable to show this income?


Amit Jain

Hello Members,
Query is regarding transfer of tds deducted on PAN of deceased for income generated post death (interest income etc)
Is there a way to claim this TDS credit by legal hire post return file till date of death?
As only one ITR (till the date of death) is allowed for the deceased, what would be the treatment of TDS deducted on PAN of deceased?

Thanks


Yasir
21 June 2025 at 18:45

Exempt Income In ITR 1

An Govt employee retired from services. On Retirement he receives certain amount in the form of Retirement Gratuity, Group Insurance Scheme, Leave Encashment on Retirement.
How to show this in ITR for the AY 2025-26


vishal jain
21 June 2025 at 17:31

Rodtep Script generate

Hello sir,
what is the time Limit to generate the script from Shipping Bill Date or Scroll date as I have Shipping Bill in April 2024 and having scroll date June 2024 and trying to generate E script but it Has not allowing me to do that.
Please Advice


afreen shaikh
21 June 2025 at 16:28

ACCUMULATION IN CASE OF TRUST

A public charitable trust is formed for the object as EDUCATION. If any year income applied is short of 85% and trust file Form 10 for setting aside / accumulating the short fall amount and mention in the form 10 that amount is accumulated towards education , amninistrative and establishment expenses, and building repair expenses i.e. total revenue expenditure to be incurred in the next financial year for the charitable object i.e. education expenses. Whether this can be considered as accumulation for the sum specific purpose only ??? By the ITO in assessment proceedings or he can reject the same claim on the ground that it is not for specific purpose???


ila
21 June 2025 at 11:49

Compound wall

Compound wall comes under which head of asset. And depreciation rateas per company's Act


TARAK KUMAR ROY
21 June 2025 at 07:09

ENUM VALUE

At the time of verification of an ITR1 for the A.Y. 2025-26, a message comes (#/ITR/ITR1/REFUND/BANKACCOUNTDTLS/ADDTNBANKDETAILS/5/ACCOUNT TYPE: IS NOT A VALID ENUM VALUE).
Kindly help me by providing your valuable direction to overcome the said errors. Your kind help is highly solicited. Regards, Tarak Kumar Roy, 150/1/1, Banerjee Para Road, P.O. Naihati-743145, West Bengal






CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details