Tax Q&A by Quicko - Get answers to all your tax related queries - Tax Q&A (QnA) by Quicko is a community-driven question & answer platform for everything taxes including income tax, GST and TDS.

Topic	Replies	Views	Activity
Community Guidelines General Welcome to Tax Q&A. We are glad to have you as a part of our community! Taxes can be simple and we are here to help you believe exactly that. Here are a few community guidelines to help you understand how to participat…	2	3231	January 28, 2021
Clubbing of income of fd Income Tax clubbing-of-income	1	3	February 20, 2025
Form 26QB Total Value of Consideration (Property Value) TDS & TCS form-26qb	15	1610	February 20, 2025
Reporting gift income in your ITR Income from Other Sources	7	673	February 20, 2025
I have a CTC of ₹14L. Can I claim any deductions and bring down my taxable income to ₹12.75L? Income from Salary deductions , new-regime , salary-deductions	8	3754	February 20, 2025
How to compute Capital gain on inherited immovable property Income from Capital Gains capital-gains	2	11	February 20, 2025
Can I claim 87A rebate against STCG in the old tax regime? Income from Capital Gains capital-gains , 87a-rebate , 87a-old-regime	5	18	February 20, 2025
Is money received from NRI sibling taxable in India? Income from Other Sources foreign-remittance	1	9	February 20, 2025
Will gifting stocks attract income tax Income from Capital Gains	7	68	February 20, 2025
Can freelancers & professionals earn ₹24L with zero tax after Union Budget 2025? Income from Business or Profession tax-rebate , budget-2025 , presumptive-tax	8	1247	February 19, 2025
Capital gains or Intraday? Classifying your market activity for income tax Income from Capital Gains	15	247	February 19, 2025
When to deduct TDS for property purchased? TDS Return Forms form-26qb	6	33	February 19, 2025
Tax on gifted shares, gold and property Income from Capital Gains	66	3029	February 19, 2025
How to maintain books for your stock trading business? Income from Business or Profession trading , fno , intraday	1	23	February 19, 2025
Section 54EC - Exemption on Capital Gains from Land or a Building Income from Capital Gains section-54ec	44	2533	February 17, 2025
Taxation on gift received by minor and return filing of minor account Income from Other Sources taxes-on-gift , gift-to-minor , minor-child-tax	4	51	February 18, 2025
What are SGBs and how are they taxed? Income from Capital Gains sgb	33	4374	February 17, 2025
What are the tax implications on minor’s demat account? Income from Capital Gains clubbing-of-income	23	11214	February 17, 2025
I have salary of ₹7L and capital gains of ₹5L. As per the latest update, I don't have to pay any tax on it, right? Income from Capital Gains capital-gains , tax-rebate	13	3308	February 15, 2025
Tds on hotel membership fees TDS & TCS tds	1	15	February 12, 2025
What changes in the new Income Tax Bill? Income Tax income-tax-bill	1	1088	February 13, 2025
How are gifted shares taxed? Income from Other Sources	54	2470	February 13, 2025
LTA: How to claim benefits and save taxes? Income from Salary tax-filing	6	1244	February 13, 2025
Professional Tax - Employer State or Employee State (if different) Income from Salary	1	16	February 13, 2025
Did debt mutual funds become more tax efficient after Budget 2025? Income from Capital Gains debt-funds	1	23	February 12, 2025
Will I still get EPF tax benefits on switching to new tax regime? Tax Savings & Deductions epf , epf-new-tax-regime , salary-income	1	41	February 12, 2025
Can I show sale of land as capital gains while running a construction business? Income from Capital Gains capital-gains	6	26	February 12, 2025
What is HRA: Rules and Calculation Tax Savings & Deductions	13	1233	February 11, 2025
Key highlights from Union Budget 2025 \| Income tax update from Union Budget Income Tax budget , union-budget , union-budget-2025	8	1293	February 10, 2025
LTCG on switch in Mutual Funds IDCW option to Growth option in ELSS Income Tax capital-gains	3	35	February 9, 2025

Community Guidelines

Welcome to Tax Q&A. We are glad to have you as a part of our community! Taxes can be simple and we are here to help you believe exactly that. Here are a few community guidelines to help you understand how to participat…