This Query has 2 replies
Is amont received by haryana govt due to monthly financial assistance ( beneficiarie of deceased employee) taxable?
This Query has 3 replies
Dear Sir/Madam
I am a salaried person . I traded in currency future in FY 23-24 and earned 222000/-. Can I opt for the Presumptive Income under Section 44ADA to save taxes. What are pros and cons of the Presumptive Income under Section 44ADA.
This Query has 2 replies
Respected Sir
Auto Consult Income ( Purchase and Sale of old Vehical)
First question is auto Consult Income is business income or not
Can I show this income under ifos??
Second question is if it's only declare under business then what amount should be show , it's only commission income or sales income ??
This Query has 2 replies
Sir/Madam
I have tried to reset login password in income tax portal and it was not reset due to mismatched in father name.
I tried to entered father name as per pan card and as per aadhar card but not matched. Is any other option to reset login password??
This Query has 1 replies
Resolved and deleted.
This Query has 1 replies
Hi
I need some advice, can you please help.
I am suvendu patnaik and i live in Germany currently. I am an NRI and want to rent my flat in hyderabad in india to a tenant.
Since I am an NRI, the tenant will have to deduct TDS and its an administrative burden on him. So i want to rent my flat 1st to my brother who resides in india and my brother in turn can rent it out to the tenant. The TDS part now will be between myself and my brother which i am ok to manage.
Is this legally ok, can i go ahead with this arrangement, can you please help me with your advice on it.
Thanks
Suvendu Patnaik
This Query has 2 replies
Hi
I held Corporate Bonds of Public Limited Company for more than 3 years , which were redeemed by company during FY 2023-24
Whether profit on this transaction fall under Short Term Capital Gains or Long term Capital Gains
This Query has 4 replies
Dear Sir,
My query is as follows:
Mr A is a salaried person who helps others invest in Mutual funds through the Prudent platform. He received a monthly commission totaling to Rs. 185842/-pa. He doesn't maintain any books of accounts for this.
1) How can we report this income in his ITR? Can we show under commission/agency business without books of accounts? He incurs traveling expenses.
2) which business code is to be selected?
Kindly guide.
Regards,
Suraj
This Query has 3 replies
Hi,
My employer had a superannuation fund . Later it was transferred to NPS. Further contribution from employer went into same NPS account. On my retirement as per the rule I bought an annuity pension from the required portion of the NPS corpus through an annuity service provider. My questions :
1. Can I report this pension under salary head in ITR to claim standard deduction?
2. If yes, what should I mention as Employer Name for the same ?
This Query has 4 replies
Sir,
A person who registered in GST as a trader and have rental income from residential house property,
then he will be liable to raise a GST invoice on rental income. If not liable to GST invoice then how to show rental income in income tax retrun.
Thankin Yoy
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