DEVENDRA SINGH
14 December 2018 at 12:49

Not able to download tax audit form 3ca3cd

Dear Sir,
I have downloaded the Java in my laptop still i am not able to download Tax audit form 3CA3CD. I could not identify my mistake.Kindly advise.

Answer now


Anonymous
07 December 2018 at 15:36

Itr

I have cyber cafe and online services work like online payment money transfer tickets booking and all others so i bank transaction is big in bank account more then 30 lakh and my profit is around 3-3.5 lakh so how i file itr and how to show these bank transaction in the ITR So please Tell me How File ITR And Which ITr File

Answer now

Tara Khandelwal

Can TDS on FD interest be exempted for Social Cause

Answer now

M S UMESH
01 December 2018 at 06:10

Loss from intra day trading.

For AY 2016-17, I have made a profit of Rs.2,00,000/- and suffered a loss of Rs.4,00,000/-, in all net loss of Rs.2,00,000/ on intra day share trading. I have filed before the AO, unaudited P&L Statement issued by my Broker .
AO is saying that he will impose tax on the profit component of Rs.2,00,000/- and will not recognise the loss of Rs.4,00,000/-. Is this correct? Can he selectively take only the profit portion and ignore the loss portion in the same P&L Statement?

Expert opinion is solicited.

Answer now

Amritansh Chandra

If a charitable trust/society purchases a land from a company (Pvt Ltd) at a price less than the circle rate, then :
Will the difference amount (price at circle rate – actual consideration paid) be added to the “Income from other sources” of the society / trust ? Or is there any exemption to societies/ trusts ?

Under which section Of Income tax Act is such exemption?

Answer now

CA Smit Morabia

Hie, I had come to a query from a Co-operative Society with Banking License.
They asked where and how to report Co-operative Bank's Current/Savings/FD Deposits in the ITR-7?
Previously since last three years, they were reporting it under :Unsecured Loans" Column, but thereafter, every year, they are subject to limited scrutiny for Huge amount of Unsecured Loans, which they are reply that it is their Current, Savings and Fixed Deposits.
So if anybody knows where to report Co-operative Bank's Current/Savings/FD Deposits other than above in the ITR-7, please reply.
Thanks.

Answer now

jayashri
10 November 2018 at 22:54

Form no.16 & 26as

How to verify form no.16 & 26as
one person who is doing job with company salary of Rs.50000/- per month but no entry is found in form no.16 and form no.26as.who filled ITR but ITR tax paid is Rs.zero.

How can i accept this ?
pls guide me.

Answer now


Anonymous

I missed due date for filling return for a.y. 2018-19 and my income is Rs. 350000 so, If i fill now i have to pay penalty . then whether i should pay penalty in the same challan, which i use to pay for self assessment tax or i have to pay Rs. 1000 in seperate challan

Answer now


Anonymous
27 October 2018 at 16:10

Section 43b

If assesee is following Exclusive method for sales & Puchases

Examples :
net sales is 10 (shown in sales), Rs 2 (GST on sales) shown in duties & Taxes
net Purcahse is 9 (shown in purachses, GST credit on it of Rs 1.5 shown in Duties & Taxes

so net payable is 0.5 not paid till Tax Audit date

will Rs 0.5 disallow U/s 43B ??

Answer now


Anonymous
27 October 2018 at 15:45

44ad audit

A partnership firm incorporated during FY 2017-18 and having turnover of Rs.60,00,000/-

The net profit is Rs.-250,000/-

My Queries are:
1. Whether ITR 5 can be filed with loss without any audit or 44 AD?

2. Whether 44AD Audit is compulsory to declare the loss ?

3. If no audit is done, whether ITR can be filed u/s 44AD and declare the net loss ?

TIA.

Answer now




CCI Pro
Follow us


Answer Query