Sir, we Senior Citizen feel obliged for lifelong gratitudes , if your kindself, for benefit of society at large, upload a video containing full procedure as to how we should file revised ITR before 15th January, 2025 (as per Mumbai High Court latest Order) to get refund of tax deposited after receipt of Intimation Order from IT Deptt. as 87A rebate on STCG is not allowed to us for FY 2023-24 (AY 24-25) . Kind regards.
Is there any notification for AY 25-26 about exclusion of STCG for 87a rebate in new rigim? As til AY 24-25 there is no act/rule has been amended to do so and original act allowing 87a rebate on STCG for both rigim. Though IT dept has created issue by disallow this through mere change I filing portal, which is challenged in high court and favourable observation made by court. But no final hearing details as well as no clarity for AY 25-26.
We Senior Citizen feel obliged for lifelong gratitudes , if your kindself, for benefit of society at large, upload a video containing full procedure as to how we should file revised ITR before 15th January, 2026 to get refund of tax deposited after receipt of Intimation Order from IT Deptt. as 87A rebate on STCG is not allowed to us for FY 2023-24 (AY 24-25) . Kind regards.
Very clear knowledge in this video. My question is if in this example in OTR if we enhance stcg or ltcg by 10000 the NTI will comes above 5 Lacs -- in this case whether 87A will be allowed .
Old regime ya new regime sarkar pensioners ko chhodna nahi chahti pension par d a har chhe mahine badhta hai to ek bar pensioner tax ke dayre me aa jayga salary par tax thik hai lekin pension ki 10 lakh ki aay tak koi tax nahi hona chahiye
Bhaya yeh samajh me aaya ki corporate kitna bhi kama lw 30 percent hi income tax dega jabki middle class maara gaya . New income tax ne middle class ko maar diya . Na voh house banakar interest par rebate le sakta hai na 80 c ka fayda le sakta hai na 87a ka . Hutia bana kaun janta voh bhi middle class . Maja kai le raha buisness class aur corporate sector bale . Jio bharat new bharat ka maja lo
Huge bureaucracy and politicians together r not interested to reform tax system. In fact politicians don't want middle class to grow. If they really wanted then income tax should start from 15 lac onwards. In present times income of one lac per month doesn't make a person rich enough to pay tax. It is highly improbable that there won't be a simpler and better way to impose income tax but the govt is not interested. Govt should appoint a committee of financial experts and assign them job of finding alternative ways of tax collections. Govt should keep in view the inflation and currency depreciation in view before fixing taxable income before every budget.
I had invested in MF @ Rs.5000/- SIP PM. In 2010., For 5 yearsTotal investment became Rs.3 Lakh. I redeemed the same in May 24. & Got Redemption amount Rs 12.79 Lakh. How LTG will be calculated.
I have filed my ITR 2 on July 3rd since not yet Processing this is online gaming TDS Reply Me if anyone Got gaming TDS i have not received any notice pr response this is new regime
Bahut hi badhiya tareeke se aapne bataya. Very clear video sir. Thanks
Very nice information, Superb 🎉 Thanks
Sir, we Senior Citizen feel obliged for lifelong gratitudes , if your kindself, for benefit of society at large, upload a video containing full procedure as to how we should file revised ITR before 15th January, 2025 (as per Mumbai High Court latest Order) to get refund of tax deposited after receipt of Intimation Order from IT Deptt. as 87A rebate on STCG is not allowed to us for FY 2023-24 (AY 24-25) . Kind regards.
Shandar video
😭 ye Hume khush dekh he nahi sakte!!!
Great sit, I also hv got demand notice, not giving me 87 rebate.
My cA also said its because dept is not giving 87 on stock mkt cG.
mai keval share bazar se kamata hu aur ghar chalata hu. Mujhe kyu nahi 87 A milegi....income toh income hoti hai.
Very useful information thanks
Is there any notification for AY 25-26 about exclusion of STCG for 87a rebate in new rigim? As til AY 24-25 there is no act/rule has been amended to do so and original act allowing 87a rebate on STCG for both rigim. Though IT dept has created issue by disallow this through mere change I filing portal, which is challenged in high court and favourable observation made by court. But no final hearing details as well as no clarity for AY 25-26.
We Senior Citizen feel obliged for lifelong gratitudes , if your kindself, for benefit of society at large, upload a video containing full procedure as to how we should file revised ITR before 15th January, 2026 to get refund of tax deposited after receipt of Intimation Order from IT Deptt. as 87A rebate on STCG is not allowed to us for FY 2023-24 (AY 24-25) . Kind regards.
Tax terrorism by our FM is being enjoyed by us 😂
Very clear knowledge in this video.
My question is if in this example in OTR if we enhance stcg or ltcg by 10000 the NTI will comes above 5 Lacs -- in this case whether 87A will be allowed .
No
@@TheMauryaAFTClasses_official but today I checked in CA's Computex it allowed 87A .
Only ltcg stcg income hai to kaise tax calculate kare?
Old regime ya new regime sarkar pensioners ko chhodna nahi chahti pension par d a har chhe mahine badhta hai to ek bar pensioner tax ke dayre me aa jayga salary par tax thik hai lekin pension ki 10 lakh ki aay tak koi tax nahi hona chahiye
Sir, Special tax bhi lagate ho aur uski total amount bhi main amount me gini jati hay, ye sahi hai?
. Is interest paid on OD against FD paid is considered as exp on int earned on FD
Loan interest can't be set off against FD interest vide Supreme Court decision in CIT V Dr. V.P. Gopinathan (248) ITR 449
Can get rebate u/s 87a if return is filled before 31st July 2024?
मैंने 22 June ko itr 2 file ki
Abhi tk process nhi hui
87/a stcg मांगी है
Refund 41000/- बनता है
Adjust krna bhi hai तो refund तो भेजो
New or old?
Bhaya yeh samajh me aaya ki corporate kitna bhi kama lw 30 percent hi income tax dega jabki middle class maara gaya . New income tax ne middle class ko maar diya . Na voh house banakar interest par rebate le sakta hai na 80 c ka fayda le sakta hai na 87a ka . Hutia bana kaun janta voh bhi middle class . Maja kai le raha buisness class aur corporate sector bale . Jio bharat new bharat ka maja lo
Huge bureaucracy and politicians together r not interested to reform tax system. In fact politicians don't want middle class to grow. If they really wanted then income tax should start from 15 lac onwards. In present times income of one lac per month doesn't make a person rich enough to pay tax. It is highly improbable that there won't be a simpler and better way to impose income tax but the govt is not interested. Govt should appoint a committee of financial experts and assign them job of finding alternative ways of tax collections. Govt should keep in view the inflation and currency depreciation in view before fixing taxable income before every budget.
I had invested in MF @ Rs.5000/- SIP PM. In 2010., For 5 yearsTotal investment became Rs.3 Lakh. I redeemed the same in May 24. & Got Redemption amount Rs 12.79 Lakh. How LTG will be calculated.
No need to calculate such a huge transactions capital gain... simply download capital gain statement from broker website where you have invested
You are making video before 2 days then you should update tax rates 😢
बहु को महीने में पैसे हम देते है। इसको बहू के लिए टैक्स फ्री कैसे बनाया जा सकता है। कृपया बताए
ओल्ड पेंशन योजना में 12%से भी अधीक जीपीएफ कटौती करने पर क्या पूरी की पूरी राशि 150000तक छूट मिलेगी कि सिर्फ 12%तक की कटौती पर ही छूट प्राप्त होगी
I have filed my ITR 2 on July 3rd since not yet Processing this is online gaming TDS Reply Me if anyone Got gaming TDS i have not received any notice pr response this is new regime
@@vigneshm9237 contact us
@TheMauryaAFTClasses_official how to connect you sir