u/Drishti2898
Parents Want Joint Property Purchase for Tax Savings
My parents are planning to buy another apartment jointly with me because someone suggested it helps in loan eligibility and tax deductions. But I already own one property. Can co-ownership create complications later for capital gains exemptions or future deductions?
u/Drishti2898 — 2 days ago
HRA and Home Loan Claimed Together
I currently stay on rent in Bengaluru because my office is nearby, but I also pay EMI for a flat purchased in Pune where my parents stay. I want to claim both HRA and home loan deductions together. Some colleagues warn this combination attracts scrutiny. Is that actually true?
u/Drishti2898 — 3 days ago
Hello!
So, I was working with an organization as a freelancer for 6 months at 15K per month, and after 2 months, they started deducting 10% TDS, and I was told that I could claim it later.
I am very new to all this, and this is my first time dealing with taxes. So, can someone please help me with what the process to claim it is?
TIA!
u/Drishti2898 — 15 days ago
This is my first time filing ITR.
My source of income is fellowship (from Ph.D.) which is tax free.
I checked for the financial year 24-25 (the assessment year 25-26) TDS of approximately Rs. 8000 was deducted from my FDs. This I checked from the form 26AS.
Can I file ITR for the TDS deducted in the financial year 24-25?
Which filing type to select?
For the financial year 25-26, I would like to do the same. I checked the form 26AS is not updated on the website. Although I received the information of the TDS deducted from the bank.
u/Drishti2898 — 16 days ago