Sir,
Please guide me i want to find out my electronic credit ledger balance for the month of 1st April 2021.
how to find the figure .

Dear Experts,
I have a monthly SIP for 2 Years. That is just expired. I want to understand how to calculate Capital Gain on the same as out of 24 Instalments, 13 have period more than 1 year and rest have period less that or equal to 1 year.
Should I have to calculate NAV difference of each buy NAV with last NAV (Redeem NAV) and multiply with monthly alloted NAV and then distibute the same into long term or short tem.
Please guide and is there any short way to calculate the same ?

Has anyone filed revised tax audit recently. We are getting error as invalid json even after using latest utility and filing fresh form. Please suggest.

Hello ,
Clarification on HRA exemption .

As per act the exemption of HRA is
1) HRA received.
2) HRA Paid less 1/10 of basic .

Suppose HRA paid is for 5 months only ( due to work from home) then 1/10 of basic be calculated on 5 months salary only or entire 12 months ?
HRA Received --- 23000 x12=276000
HRA Paid --- 20000 x5=100000
Basic 150000x12=1800000

If 1/10 is calculated on entire 12 months salary the exemption comes negative ... So will not allowed.
Please clarify ..

Hi sir,
This is my query regarding itr filing of commission income from Jan Seva Kendra. There is Income from sources PAN card apply, passport applies, money transfer to client account and cash received , money withdrawal by biometrics from the account, dish tv recharge, mobile recharges, etc.

Please help me regarding itr form number and income tax code

Thanks & Regards,
Mohd Nasruddin

good morning members !

I received notice u/s 148 from IT Department on behalf of my deceased client as my e-mail id has been provided at registration time.
Legal Heirs are not in India and no contact with them.

Should I response on behalf of my client to IT Department regarding served notice ?
If yes, then what it should be ?

Thanks & Regards !

Sir,
A professional income sec 44ab it person Gross receipts collections from patients rs:2.50 crores up to February-22.if profit estimated rs:25 lacs in f.y.21-22.
Question:
Assessess advance tax purposes payment on estimated profit rs:25 lacs correct in it act or estimated profit any increased compulsory.

DEAR SIR
MR A OWN LAND 6000 SEQ.FT AGREEMENT TO MR B (BUILDER) ON 5.4.2019 THE MR .B 10 FLAT CONSTRUCTION COMPLETED AND HAND OVER 4 FLAT TO MR A AS ON 10.2.2022 ( PERCENTAGE OF 60 : 40). MR A CAPITAL GAIN TAX APPLICABLE ON 4 FLAT.

THANKS

I WANT LETTER FORMAT NON FILLING ITR BY CLIENT GIVEN TO BANK

One of my clients receives stipend Rs.11400/- per month from IIT Khagrapur. Is stipend to be treated as salary or income from other sources? He has got also bank interest (both the S/B & F/D), professional income from private tuition and share trading. Kindly send your valuable opinion. Regards, Tarak Kumar Roy, P.O. Naihati-743165, West Bengal