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CAN A GALLA VYAPARI (MANDI BUSINESS) PURCHASE/ SALE GOODS OF MORE THAN 10000 / 2LACS IN CASH
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Hi, how to close a CA firm having 2 partners when one of the partner died? What is the procedure for closing firm in the institute records in this situation
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Dear Experts,
As per 8th edition of the ICAI, turnover of Option will be calculated by ABSOLUTE formula, like a Future. Is it correct as below?
(i) The total of favourable and unfavourable differences shall be
taken as turnover.
(ii) Premium received on sale of options is also to be included in
turnover. However, where the premium received is included for
determining net profit for transactions, the same should not be
separately included.
Incase of Loss or less than 6% Profit in Option Trading and Turnover is below 2 Crore, will 44AD be OPTIONAL or MANDATORY? In case of Loss, can it be carry forwarded to future years without Tax Audit where Turnover below 2 Crore and 44AD not adopted?
This Query has 1 replies
Ours is a private limited company having a sales Turnover for the financial year 2022-23 around 2.24 Crores as at 31st March 2023. We are maintaining our books in tally 7.2. We have come to know that our auditors will have to follow rules of auditors trial version. Can someone make me understand in detail the issue of auditors trial version.
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is it compulsory to mention Vehicle number in E invoice ?
This Query has 12 replies
Dear Sir,
Please tell me about Tax Audit, My business is only F&O trading and 100 % digitally.
In Fy 2022-23 Option trading premium received is 79 Lakh and premium buy is 80 Lakh so my net losses is 1 lakh and carry forward loss to next year, so know whether I am liable for tax audit or not ?
If not, can I file ITR-3 file without tax audit without error? Is it applicable In my case 6 % profit of Gross Receipt criteria in my case I have no any income ?
If I file ITR -3 without a tax audit and show error what can I do?
Please know me in detail about it.
Thanks,
Warm Regards,
Can I face a problem at time of ITR 3 file because of loss? Previous year this problem is occurring because of profit is less than 6% of gross receipt then I was go wit audit in fy 21-22
This Query has 1 replies
What is Tax Audit Limit of Future option transactions for the year of 2022-23?
This Query has 1 replies
Respected Expert,
Kindly let me know is it true that from 1-4-23 Audit trail is compulsory for Limited & Pvt Ltd company ?
This Query has 1 replies
Hy, i have turnover of 2lac and make loss of 50k do I need to audit account I don't have any income source. I am student and got scholarship of 1 lac and invested in fno. Or when I need to audit my account suggest me about these please.
This Query has 1 replies
whether tax audit is applicable in case of P'firm/ Pvt Ltd having no profit or loss?
Is the loss including of Remuneration and Interest paid to partners?
ITR 1 and ITR 4
GST Practitioner Certificate Course 36th Batch
PURCHASES/ SALES OF AMOUNT MORE THAN 10000/ 2LACS