Sir/Madam
I have little bit confusion that is any requirement of CA Certificate in case of any assessee made F&O on daily basis for filing of income tax return??
Is any statutory limit of profit and loss for getting ca certificate??
please share me any link for detail reading.
thanks in advance
I moved to Middle East last year where I started a company and was an employee of that company.
Number of days in India in FY 2023-24: 180
(Indian) business loss brought forward from FY 2022-23 to FY 2023-24: -20L
Profit from (Indian) business for FY 2023-24: 30L
My understanding of NRI status:
- Gone outside India for purpose of employment
- In India for less 182 days
- Total income from India less than 15L
My understanding of RNOR status:
- Gone outside India for purpose of employment
- In India for less 182 days
- Total income from India more than or equal to 15L
Is my understanding of NRI and RNOR status current?
Will my "Total Income" be 30L or 10L (30L - 20L offset from last years loss)?
HSN code is 998315 is liable for TDS in india and what is rate of TDS and section ,is it fall under 194J @2%
SIR
MR.A SALE OF LAND AS ON 24/02/2024 RS. 720000/- HE PURCHAES THIS LAND AS ON 15.03.1984 FOR RS. 1500/- ONLY .AFTER HE SPENT EXPENSES FOR DEVLOPMENT AND IMPROVMENT COST RS 5,25,000 FOR VAIES YEAR 1990, 1996, 2001, 2005 2018 .HE CLAIM OF THE AMOUNT ON CAPITAL GAIN WORKING ?
Can I pay Brokerage Rs.1,50,000/- for sale of property by cash ?
sir
Mr A sale of land as on 10.12.2023 for the cost of Rs.7,20,000/- He purchases of this land as on 15.04.1987. He spent expense for land development and improvement of land for varies year for 1990, 1994, 1999, 2014, 2019 for total RS. 520,000/- He can claim of this amount for working on capital gain
thanks
Mr. A sale of land as on 15/12/2023 for RS.720000/- He Purchase of the land as on 10/10/1987 . cost of RS . 1500/- He spent and for Improvement for varies year 1990, 1994, 1998, 2012, 2018
Rs. 450000/- He get this amount applicable on working capital gain
thanks
Based upon AIS (AY 2023-24) I have shown FDR interest in my return ITR -1.At the time of filing there is no entry for this in 26AS.But now 2 days back I saw bank has shown FDR interest in 26AS in AY 2023-24 and deducted tax of rs.9000. How can I claim this TDS of rs.9000 this year ay 2024-25.Kindly tell me the procedure.
I have an invoice with HSN code not SAC code. Can I deduct TDS u/s 194C, please suggest.
Sir
income from different head like insurance agent(Rs 75k); intraday and short term gain(Rs -19147(share market); bank dsa (Rs 4718 (commission) previous year ITR filed US 44ADA(filed Rs 3lac(as gstp) and US 44AD(filed Rs 2.50 lac (loan advisor and money lending(small by own) all payout amount is very small
this year income from different head
please suggest can continue with 44ADA and 44Ad and what to do with commission income
regrads
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA certificate required in case of F&O Sales & Purchase