Category Archives: Income Tax

NEW INCOME TAX NOTICE ISSUED UNDER SECTION 142(1) ! COMPLETE SCRUTINY

87A TAX REBATE ALLOWED FROM SHORT TERM GAINS ON SALE of SHARES / MUTUAL FUNDS AY 2025 26

ITR 3 UPLOAD VALIDATION ERROR SET B CAN NOT BE SELECTED SELECT SET A IN PART A GENERAL

ITR VALIDATION ERROR ! MINIMUM 1 CHARACTERS ARE REQUIRED ! HOW TO FIX ! INCOME TAX RETURN ERROR

NEW INCOME TAX NOTICE FOR CASH DEPOSIT IN BANKS ! INCOME TAX QUESTIONNAIR ISSUED U/S 142(1)

There are the 5 newly added codes as per the official ITR-3 utility  for AY 2025-26 on incometax.gov.in: Code Nature of Business/Profession Description 09029 Commission Agents (Kachcha Arahitya) Agents working under commission, no ownership 16021 Social Media Influencers Earning from brand deals, promotions, etc. 21009 Speculative Trading Intraday trading or trades settled same day 21010 Futures and… Read More »

80CCD(2) ERROR ITR FILING AY 2025 26 FIXED ! NPS (NATIONAL PENSION SCHEME) & INCOME TAX RETURN

Subject: Partial Modification of Circular No. 3 of 2023 dated 28.03.2023 regarding consequences of PAN becoming inoperative as per Rule 114AAA of the Income-tax Rules, 1962- reg. Download  CLick Here

ITR FILING BLUNDER MISTAKE BY TAXPAYERS AY 2025-26 ! INCOME TAX NOTICE

How to Remove Nature of Exempt Allowance Error in ITR filing Online AY 2025-26 Income Tax Return