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Asif Ali
19 July 2024 at 01:36

NIL RATED OR EXEMPTED OR 0%

Sir i have a business of refurbished mobiles and i calculate tax on profit margin.
Example: purchase=1,00 000, sale=1,05,000
Profit margin=5,000
My query is the i will show profit margin in B2C Rs. 5,000 under taxable value but where to show sale value under Nil Rated or Exempted or 0% ?


Kammy Singh

Sir,
What have to be shown with FDs.
1. The principal amount that are within the FY 2023-24 such as in Interest certificate issued by the bank.
2. FDs that matured and renewed principal amount within the bracket of FY 23-24.
3. All the FDs like for ex. an FD initiated say in the year 2022 but still maturing in the year 2025. is this also included.
In short all the FDs one is holding up to 31 March 2024 except the new FDs purchase after 31 March 2024.
Please clarify by giving example.
Thank you.


k chakraborty
18 July 2024 at 22:33

Filed ITR not downloading

I filed and verified ITR3 and got acknowledgement receipt, but now if i try to download the form from view filed return tab it is saying something went wrong please try after sometime. This is happening only for the pdf form of this year all else is downloadable. Now how to get the pdf of the form?


vijay
18 July 2024 at 21:49

Perquisite income tax section 17(2)

An Assesse is central government employee he incurred medical expenses for his father in private hospital and reimbursed amount of rs.98651/-from employer.
The employer shown amount in form no.12BA as value of perquisite of Rs.98651/- as other benefits or amenities. Does this perquisite amount is taxable ?


sudipta das

Is the sale of RSU on 15th January of a US company to be repotted in AY 2024-25 or AY 2025-26 ??


Smrity
18 July 2024 at 18:25

GST in case of C & F cases

Hello All,

We are the importers and sole distributors in india, and planning to hire C & F services but billing will be done from our end . How does C & F work

Do we have to add the address of C & F agent for on the GST portal .


vishal
18 July 2024 at 17:36

SPECIAL ALLOWANCE EXEMPTION

CAN WE CLAIM SPECIAL ALLOWANCE GIVEN IN SALARY SLIP OF EMPLOYEE WHILE FILING ITR THOUGH NOT TAKEN BY EMPLOYER IN FORM 16.


mohan sehgal online
18 July 2024 at 16:29

MSME Delayed Payment Dispute

At the time of entering into Supply Contract Agreement,the Vendor is not MSME Udyog Registered..In between the Vendor gets himself registered without informing the Buyer (NO CHANGE IN TAX INVICE FORMAT BEING ISSUED)and keep supplying the goods as per the Old Existing Running Contract. Now,a dispute arose regarding delayed payment due to defective goods supplied...Can the.. MSMEFC has the jurisdiction to register the Vendor' Application Case...and issue Notice to the Buyer


Chinmay Majlikar
18 July 2024 at 16:18

Income tax for me

I am a 63 year old person. I am retired from MSEB. I have transferred Rs 20 lacs to my 33 years old son. He has invested it in Fixed Deposit. What will be the income tax implication for me?


Dipen
18 July 2024 at 15:53

Commission Income_ITR 3

Dear Experts,

For Commission Income ITR 3 is to be filled. Now in this case do we need to fill entire balance sheet and profit and loss if Gross Receipt is 4,40,000 /- (approx) and net profit after expenses is 2,35,000/- (approx)?

If books of accounts are not to be maitained can we fill only limited figures under books not to be maintained for balance sheet and P&L?

Please advice

Regards,







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