ITR filing season ... feel free to ask any queries regarding ITR filing

What is the difference between TDS/TCS information and SFT information?

Rbl bank has reported 1 entry in each. But i have not earned that much interest from this bank in previous FY. They always mix up paid interest and accrued interest. How to file it properly without paying extra tax unnecessarily?

for 10-12 lakh salary how can I make it tax free without home loan, hra can be used but its very confusing bcoz in private job we have general allowance no DA so it will be added in calculating hra or not

Do I need to contact AO personally for TDS refund on 26QB? 

I have recently paid TDS of 50000, However, amount mentioned on 16B is different, its just 20000. I checked the challan and raised a request for refund of unused challan amount, i.e. 30000. As per the 26B I need to connect with AO gor the refund, Please advise?

I filed ITR1 which got rejected because of defective ITR form was filled. Its mainly because i withdrawn some amount from wazrix(crypto), which resulted as secondary income as per TDS statement. They sent one notice as below. Which is also showing under Pending section > e-proceedings. So i filed revise form which is ITR2, And submitted with all details. Now i want to know if i still need to respond on the defective ITR1 notice or i can ignore that since i filed the correct ITR form now which is ITR2. 

I didn't manually change my regime to old regime. So a standard tax is getting applied. Can i change to old regime, or include my property tax certificate and rent, and rpli while filing itr?

I am a salaried person and did futures and options trading with loss of around 5Lakh. Is it necessary to fill ITR with CA or I can also do it myself to transfer the loss in upcoming years?

What is income tax Return? Not same as income tax? Govt returns tax money??

Where to enter & how to carry forward the previous year F&O losses?

I have unclaimed TDS from year FY 2017-18 and 2018-19 worth ₹ 7300.

Can we file a claim for this past TDS?

Asking for 4th Time Please help

My friend has Rs25 Lakhs Around Entries in UPI No cash entries , 300 debit ,300 credit entries, Mostly he has shifted from his own bank account to another of own for applying in ipos and then divode Back to 4 of his accounts and for applying again get alltogether in 1 account , Secondly He Used to Lend Money from His Father and Brother for Applying in IPO’s in HNI of Rs 2Lakhs but didnt got any whole year and used to return after ipo got over and do same , He has income of Rs 4.8 Lakh. Will there be any problems in filing itr?

I work as a young professional/consultant in one of the ministries. I have to fill ITR-4. My question is- in the gross salary column, where I have to fill 'income from business and profession'- it is compulsory to fill name of business under the profession column. What do I fill, since technically I am a consultant. Do I fill the name of the ministry I work under?

I invest in p2p loan app like mobikwik xtra, in that the returns get automatically reinvested, I have not taken any income in bank. Do i need to pay tax on income?

Another question whixh itr i have to fill if net income is more than 50 lakhs ( from investment and mostky from salary) 

I choose old regime with HRA, 80C and reimbursement (mobile, broadband, meal pass etc) while declaring Tax, Also provided all the bills for this year

Now, I want to change to new Tax Regime due to less tax of 20-30k

Problem is Form 16 might not have Reimbursement amount i.e 70-80k, As every year it is not shown in Form 16.

Now if I choose new regime while filing itr, do I need to add reimbursement amount in the new tax regime (it should not available in Form16) or file without reimbursement amoun

Hi Bro... How to calculate ltcg when I don't know when those gold ornaments (which I sold) bought.

Hi, around 12 Lakhs Miscellaneous payment (CC bill paid for last 12 months) is showing in my TIS but the income I'm submitting is around 8 L, can you advise do I need to show this different amount while filing an ITR?

Why my ca file my mother itr but she is doing nothing

@third.i.financial.advisors Filed appeal regarding outstanding demand for AY 2021-22. Appeal was allowed by ITAT (received judgement copy) and ward AO issued letter with NIL balance for AY 2021-2022. However, in online portal i still see outstanding demand for AY 2021-2022. Whether i have to re-submit the response for the outstanding demand? If so which option should i choose?

Thanks for taking your time. I am a salaried person with no tax liability as I choose old regime with exemptions. 

My consolidated data from stocks and MF: 

Short term profit: 20,659. Long term profit: 97912.78. Should I file ITR-2? 

My relative works as freelance contractor in a company and her total salary for the period May 2023 to March 2024 = 26,38,010 so I contacted a CA and he said she will need to file ITR, Manage Books + Audit and for these service he asked 18k as his fee. My question is this amount justified and does she need all 3 services, Secondly her contract will be over next month and she will not work any further. I am from Lucknow so a mini metro city.

Does it make any difference that she is handicap and have polio since birth? Is there any rebate for such case

My friend claims deduction under sec 80U. He did not file form 10IA. 

Now he got notice, saying 'Deduction under 80U is claimed, but form 10IA is not filed. Hence same has been recomputed'. ₹75,000 has been claimed and variance is now shown as ₹75,000. Only two options were given Agree, and Disagree which asks for reasons.

What is the advisable action? If he says agree, will 75k be added to income. 

Last date kab hai.. ais complete aa gaya ya abhi aur aayega usme kuchh

Do  I need to report an income from p2p lending if I have not encashed to bank and have just reinvested, also the p2p lending do not deduct tds and the income is not reflecting in AIS as well

1 I'm salaried (no business income)  but have intraday profit of around 3000 from 10txn. As the txn are very few I want to file ITR2. Should I have to file itr3 or itr2? Please guide.

2 Have LTCL of -₹36000 itr 2 or 3 to carry forward the losses. Is it possible to carry forward LTCL to 8 years in itr2 also?

3 ESOP share purchased (not prerequisite or company provided) around 2019 @ 50k sold 2023 @ 63k

Under which head should I report

Does ESOP has a flat tax rate of 20%.

4 Stcg of Bond/Gold ETF under which head to report. I know it Should be added to total income @ slab rate

Is it mandatory to mention the details of all bank accounts held at anytime during the financial year in ITR form.?

I have only mentioned one bank account , the prevalidated one

if yes?
then what to do if one doesnt know the details of all bank accounts held in the last year,

Note: I also fill ITR of parents(sometimes its difficult to find all details) let alone my bank account details,

I earned some freelance money (<$100) when I was a student in 2017 and have not withdrawn that amount till now from Fiverr.com.

If I withdraw it now, do I need to pay tax on it? I'm in 30% tax bracket now as a salaried person.

Also, my return for FY 17-18 was already filed to show some family business income with 0 taxes. 

I have paid tax and submitted ITR-U for income tax notice (133/6) ...how long it will take to close the notice? I have submitted on May 11

I am a salaried person and have no business and professional income. I have mistakenly filed 10IEA form. What can I do in this case now?

I deposited 2.4 lac in my wife's account during the year (20,000 per month). Under which head should I show this income? Income from Business/Profession or Income from Other Sources?

Can we claim deduction from all the charges incurred in purchase and sale of stocks. ( Main doubt is STT tax deductible)