NIRMAL DAVE
This Query has 7 replies

This Query has 7 replies

02 October 2023 at 14:45

CASH RECEIPT MORE THAN RS. 2 LAKHS 269ST

Dear Experts,

I have made debit sale of Rs. 3,50,000/- on 20.09.2023 to a person against which I purchased old goods worth Rs. 50,000/- from him. He paid remaining Rs. 1,50,000/- in cash and Rs. 1,50,000/- through NEFT on 24.09.2023 and thus on 24.09.2023 his account is settled in my books of accounts.

Now can I again sale him goods worth Rs. 75,000/- on 02/10/2023 and received cash against the same bill?

Thanking You
Nirmal Dave


Daya
This Query has 1 replies

This Query has 1 replies

02 October 2023 at 13:47

Penalty under section 234E

whether it is mandatory to pay penalty under section 234E before filing of ITR.


Jerin Joseph
This Query has 3 replies

This Query has 3 replies

As per section 50 of the income tax act if the block still exists, the sale of asset will not be taxable.
But when we sell a particular asset the will be profit or loss in the P&L a/c.

I want to ask the taxation of the profit shown in the books.
and if not taxable , how should we show it in ITR 6, should i even show it in P&L ?



Ashim kr Ray
This Query has 2 replies

This Query has 2 replies

01 October 2023 at 22:19

CAN aVAIL ITC

Sir,

Goan Panchayat gives contact to build roads,school, toilet, houses for development .The material purchase for this construction ,can i avail ITC for the same.
Please advice


P.Madhivadhanan
This Query has 1 replies

This Query has 1 replies

An assessee wants to Temple tower (Gopuram) , he wants to form committee to construct tower before temple. He wants to form committee of trust. Trust will be closed after completion of tower. He wants to write a religious trust deed. I want the format deed copy.


vicky choudhary
This Query has 1 replies

This Query has 1 replies

01 October 2023 at 01:36

Related to business code

Cement rod sand stone shop ka business code kya hai for itr retal business hai


Dattatray
This Query has 3 replies

This Query has 3 replies

01 October 2023 at 00:25

Unable to upload ITR 3

I have filed ITR 4 in July under 44AD non audit case now I want to file revised ITR with audit for same assessee in September. Audit report is uploaded successfully but while filling ITR 3 system shows error msg of Original return Acknowledgement number is not matching but number is correct. Then how to file revised ITR?


Aakash Kumar
This Query has 3 replies

This Query has 3 replies

30 September 2023 at 22:14

139(9) Rectify the ITR

I had file ITR4 AY2020-21 U/S 139(8A). Late fee paid details are filled in IT sheet as self assessment tax, now I have receive 139(9) notice and they said to rectify the return and tax paid details fill in 140B. Now when I am going to rectify return and select return filling sec 139(9) the page of General Information A and ATI (tax details 140B) has been hide from the return form. How can I rectify this? please suggest me. Due date is 4th oct.


Shakthipro badge
This Query has 1 replies

This Query has 1 replies

30 September 2023 at 19:29

Compulsory Acquisiton

Assesee land - vaccant site has been acquired by the govt and compensation is paid. My doubt is whether capital gain is applicable. TDs has been deducted. Not sure whether the transaction is covered under RFCTLARR


Patel Ishan Mahendrakumar
This Query has 1 replies

This Query has 1 replies

I have file TDS correction return for FY 2010-11 at income tax efiling portal. But return rejected showing query of "Line No 4 - Invalid Record Hash."






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