now, famous brokers like zerodha/angel one give reports like holding on year end (demat with cost ) so, do we need to maintain ourselves, seperately and account for each contract note?
question --> do clients need to keep fifo accounting records (even if they have demat and investment in single broker like angel one or zerodha?)

my view --> no , angel one/zerodha gives year end position with individual scripts cost thereof, so position on year end can be known. no need to keep records by client.
i think we only need to keep if there are multiple brokers in the financial year, (because then fifo wont work).

In case of 100% exporter - refund application for the year 2017-18 and 2018-19 was rejected on the ground that it was timed barred application refund amount was transferred back to credit ledger A/c thereafter. in 2020-21 and 21-22 we claim ITc refund through IGST on export bill after that there was a downfall of export business and since last two year NIl return is filed and he has discountinued export business. Now how to claim that refund???? if we cancel GST Number how to claim GST refund?

Weather the Section 269ST applicable for Business entity for normal business purchase and sales.

If EL are encashed on resignation, will it be exempt or is it exempt only at the time of retirement?
It is also mentioned that total exemption would be 25 lakhs from all employers, if it is supposed to be exempted only on retirement what's the point of words "all employers"

I had filed return for the financial year 2024-25 on 15th September 2025. I had paid the payable tax on the 15th but challan details were not generated. I had filed the return on the 15th September with the option of pay tax later as the challan details were not generated. Now the challan details are generated. I have not e verified my return yet. Where can I submit the details of this challan?

Dear Sir, for the A.Y. 2015-2016 and 2016-2017, the above subject notices were got setside based on the jurisdictional error. However, subsequenlty, Penalty orders are also uploaded in the portal. Do we have to do anything regarding such penalty orders, or automatically becomes in valid.

if 2 items are there in plant block,
opening wdv ac 5000
weighing scale 12000
total op. wdv 17000

AC is sold for just 1000 , , then what is journal entry?

my view- bank debit 1000
loss on sale of asset debit 4000
to ac credit 5000
so in books, closing wdv will be 17000 - 5000 = 13000
What will be income tax return?
op. wdv 17000
addition 0
less sale 1000
---------------------------
closing wdv 16000.
but in income tax closing wdv will be 16000.

my q --> in above case, both closing wdv in books vs income tax is different . Am i correct in closing wdv calcualtion? (assesse is partnership firm)

1 IN EAUITY ...INTR-DAY.........CAN BE TRATED AS ....SPECULATION LOSS ???

2 IN ITR...RETURN...SHOWAS UNDER.....BUSINES....SPECUALTION LOSS

3 IS IT C/F TO NEXT YEAR......
4 LOSS FIG....NOT ALLOWED IN ITR ????
5 IS SPECULATION...C/F TO ...HOW MANY YEARS


I AM DOUBTFUL.............

IF POSSIBEL....CLARIFY IN DETAILES

In case of trust how to treat Donation received in kind in 10BB and in ITR From which is not reported in From 10BD. Wheather it should be considered as coupus or other than corpus donation.

income taxable under section 56(2)(7b) on issue of shares, this option is not enable in winman software for the assessment year 2025-26 ITR6 in company. How to enable this option in Winman?