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
Do we have the option to claim donations under the new tax regime? Tax Savings & Deductions deductions	1	54	February 24, 2025
Is rebate u/s 87A available for Capital Gains income also? Income from Capital Gains tax-filing	2	581	February 21, 2025
Reporting gift income in your ITR Income from Other Sources	7	683	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	129	February 20, 2025
Is money received from NRI sibling taxable in India? Income from Other Sources foreign-remittance	1	119	February 20, 2025
Capital gains or Intraday? Classifying your market activity for income tax Income from Capital Gains	15	329	February 19, 2025
How to maintain books for your stock trading business? Income from Business or Profession trading , fno , intraday	1	125	February 19, 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	119	February 18, 2025
What are SGBs and how are they taxed? Income from Capital Gains sgb	33	4487	February 17, 2025
What are the tax implications on minor’s demat account? Income from Capital Gains clubbing-of-income	23	12016	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	3852	February 15, 2025
LTA: How to claim benefits and save taxes? Income from Salary tax-filing	6	1383	February 13, 2025
Professional Tax - Employer State or Employee State (if different) Income from Salary	1	27	February 13, 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	539	February 12, 2025
Can I show sale of land as capital gains while running a construction business? Income from Capital Gains capital-gains	6	123	February 12, 2025
What is HRA: Rules and Calculation Tax Savings & Deductions	13	1449	February 11, 2025
Key highlights from Union Budget 2025 \| Income tax update from Union Budget Income Tax budget , union-budget , union-budget-2025	8	1417	February 10, 2025
LTCG on switch in Mutual Funds IDCW option to Growth option in ELSS Income Tax capital-gains	3	74	February 9, 2025
Income Tax from interest & capital gain Income from Capital Gains capital-gains	0	67	February 9, 2025
Disallowance of purchases Income Tax	1	30	February 7, 2025
AY 25-26 Income Tax Calculation Income Tax	1	149	February 7, 2025
Union Budget 2025: How will TDS and TCS related changes affect you? TDS & TCS foreign-remittance , budget-2025-tds-tcs , tds-tcs-changes	0	689	February 5, 2025
Tax Payment method via e-Filing portal ITR Filing tax-payments	15	1545	February 5, 2025
Marginal relief under new regime: How much tax will you pay on ₹12 lakh vs ₹12.1 lakh? Income Tax marginal-relief , tax-rebate , budget-2025 , union-budget-2025 , income-of-1275l	0	1337	February 4, 2025
Is basic exemption limit applicable for LTCG beyond 1.25 lakh also? Income from Capital Gains clubbing-of-income , capital-gains	5	117	February 5, 2025
TDS paid in Advance TDS & TCS	1	46	February 5, 2025
Tax on Deferred Annuities from life insurance Income Tax lic-claim-taxability , life-insurance-claim	1	26	February 5, 2025
Capital gain in value less than stamp duty value Income Tax	1	16	February 5, 2025
Quarterly Break-up of Capital Gains in case of Loss in a Quarter Income from Capital Gains	2	40	February 4, 2025
Sec 56(2) vs 64 Income Tax	1	21	February 4, 2025