In Form-ITR4, i can show income of two businesses under 44AD, one of which is GST registered and the other is unregistered.
I have not purchased any Time Deposit (FD) in SBI where I have a Savings Bank/ Pension Account. The system has been creating Multi Option Deposits by Sweep function whenever the balance exceeds a threshold of Rs 5000 or so..Maybe (I'm not sure) because of this an amount of more than Rs 50 lakhs has been shown as spent on Purchase of Time Deposit under SFT-005 of the AIS. In any case I have not purchased a Time Deposit at all on SBI. The online information under Deposits of SBI does not show purchase of such deposit. There is no mention in the Interest Certificate also. What should I do? Can someone please guide me? Thanks and Regards
sir i have filled, as i have done sale & purchase in same financial year so its auto populating 0 even then its asking me to fill cgas detail when moving for submission. i have done multiple check. only 4 days left i am facing this issue from last 2 weeks. i was waiting if there is some error it will get correct but not happening
Sir, As per the Act,1961, U/s.194J(1) has 5 clauses such as (a)Fee for professional services, (b) fee for technical services, (ba) etc, etc,. Now the TDS rate for (a) is 10% and for (b) 2%, but when we see the TDS module from the department, it is made as 194J(a) is for fee for technical services and (b) is for fee for professional services. Even when we observe the 26AS ie. ATS down below table speaks the same. When we file eTDS returns also, the system takes (a) is towards technical services and (b) is towards fee for professinial serevices. So, is it mistake in the TDS module made by the Dept. and if it is mistake we are also following the same mistake I hope. Kindly clarify as to whether my observation is correct.
i have not opened CGAS account , i utilised complete amount after selling a property then purchasing property in sam financial year, but is showing error 1 i am unable to file ITR. tried refilling. multiple checks but its showing error. Please help
If any gratuity is received by non government employee at the time of retirement is exempt?? If yes than how much?? Under which sec??
i have a ltcg from sale of property and claimed 54f by investing in house property.while filing the itr return,it shows aupload level validation where it states "CGAS ACCOUNT IS NOT ENTERED OR NOT MATCHING WITH THE BANK DETAILS IN PART A GENERAL SCHEDULE''.I HAVE NO CGAS ACCOUNT.HOW TO RESOLVE THIS?
In a Company following Ind As standards, the actuarial loss ( remeasurement of defined benefit plan- gratuity etc.) was shown in Other Comprehensive Income (OCI) section of the Profit & Loss a/c.
(i) Whether the Computation of Total Income ( under Income Tax Act) starts from the Profit for the year , before considering OCI items ?
(ii) whether the oci items are considered in computation of total income ? If yes why ? According to which section or rule ?
Dear Sir/madam, my company purchased assets (laptop) for Rs.52500 including transportation charges of Rs.1200. Do I need to deduct TDS on this ?
Sir TDS deducted( Rs 9k) against cash withdrawl Rs 4.5 lac and turnover Rs 54.50 lac
and filling itr u/s 44ad
should need to audit ???? becoz cash 8.25% of turnover
please elaborate
regards
vikas
44AD INCOME