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Ashok Kumar T T
This Query has 5 replies

This Query has 5 replies

25 June 2023 at 13:44

Gift tax payable from relatives

Gift from my mother’s sisters son to me is taxable or exempted qualifying in relatives ?


Jai shree Narayan
This Query has 7 replies

This Query has 7 replies

25 June 2023 at 11:41

No accounts case lossess

In no accounts case whether we can declare lossess with books of accounts maintained??


Sayantan Chakraborty
This Query has 3 replies

This Query has 3 replies

25 June 2023 at 09:34

Stt paid not claimed

Hi there,
I purchased 3 share on 2022 and sold within 1 year so it's my stcg or stcl.
Confussion: in my broker tax p/l statement they show that its my stcl.
Example : sales 80000
Purchase 79500
Stt paid 700
They show me it's my loss
In itr what did I show?
Sales 80000 - purchase79500 =gain 500?
As per my knowledge stt cannot be claimed as transfer exp.
Am I right? that's my stcg


raghavendra b
This Query has 12 replies

This Query has 12 replies

24 June 2023 at 20:38

TDS U/S 194 H 2023

DEAR SIR,

ONE OF MY CLIENT VODEFONE DEALER HIS TURNOVER 1565280/- TDS DEDUCTED U/S 194H 78264/- . MY QUERY CAN WE DECLARED THE RECEIPTS U/S 44AD PRESUMPTIVE TAXATION.
PLEASE CLARIFY ME WHERTHER SHOULD WE DECALRE 50% OF TURNOVER INCASE OF HE DID NOT HAVE ANY GST REGISTRATION. CAN WE CLAIM TDS AMOUNT AS REFUND.

PLEASE DEAR SIR CLARIFY ME THIS VERY URGENT YOUR GUIDENCE VERY RELIABLE

REGARDS


Pranali Bhandari
This Query has 1 replies

This Query has 1 replies

Under Section 44ab
I have query about Cash Payment and Cash receipt should be below 5%
Does cash withdrawal and cash deposited transaction will also consider as Cash receipt and cash payment. ?

Note : Assessee has received all sales receipt through Netbanking.

Please advise while calculating 5% of cash receipts do we need to include cash withdrawal in total receipts ??


sachin Alwadhi
This Query has 3 replies

This Query has 3 replies

Hi
TDS deducted on VDA U/S 194S 568/ on transaction value Rs 56800/-.How to disclose payment of Rs 56800 on which tds deducted u/s 194s .Business income or capital gain? in itr 3 one schedule is VDA .IS IT SHOW IN VDA schedule ? or need to show in simple in business income .it is only payment received not any income .How need to disclose in itr ?


Nisha Kathuria
This Query has 1 replies

This Query has 1 replies

24 June 2023 at 16:14

ITR-1 Or anyother ITR form

Dear Sir,

I am continuous filing ITR-1 due to income from Salary and interest from FDR. but in FY 2022-23 i have invested some amount in mutual funds. same reflected in my AIS form purchase of mutual funds only purchase yet not redeem. So AY 2023-24 can i go for ITR -1 or need other itr form.

Please advise


Prasanthiyer Hariharan
This Query has 1 replies

This Query has 1 replies

24 June 2023 at 15:56

Defect A error in ITR 3

I have filed ITR 3, error show at the time of validation.. Category of defect A :You will not be allowed to upload the return. Kindly correct below errors in order to proceed further. 1. In Schedule VIA, deduction u/s 80U for self with severe disability cannot be more than the maximum limit of Rs.1,25,000 Where I have not entered any amount under this section. I have tried your suggestion of Deletion 80 U from Part b and Part c in numerous occasions but in vein .Please update ITR 3 defects correctly ASAP or provide any other suggestions.


Nisha Kathuria
This Query has 1 replies

This Query has 1 replies

Dear Sir

Turnover Rs. 1 Crore 20 Lacs first time business Can we Go for 44AD ITR-4. Please provide Business Code for Solar plant Installation


love prince
This Query has 1 replies

This Query has 1 replies

dear sir/madam,
when am filling am getting this below error :
In Schedule VIA, deduction u/s 80RRB plus 80QQB cannot be more than the sum of Schedule OS (Sl. No.1e) plus Sch Profit and Loss (Sl. No.15)

how to resolve that error.
any one can help me,
or what app solution : 8309815758






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