Hello experts

I am a ca final old syllabus student and converted in new syllabus this year.

I am going to appear in new syllabus exam for the 1st time.

I want to know the list of best author whose reference books I can refer along with ICAI books.

Thank you in advance

Sir,
1.A Gst registered and it returns filed business person sales turnover and GP and NP increased compulsory every year.
2.sales turnover rs:2 crores person maximum and minimum gp and net profit show in it returns.

After the demise of my both parents, in terms of a Will executed by my father, myself alongwith my 3 younger sisters and wife of my pre-deceased younger brother are co-owners of my father's self-aquired flat, having equal ownership rights of 20% each.

My sister-in-law (deceased younger brother's wife) wants to take my share. Consideration agreed is 20% of the value for stamp duty. I am being requested to execute a Relinquishment Deed, with 'no consideration' whereby the same can be registered without payment of any stamp duty. And it is proposed that the amount would be paid to me under a Gift Deed.

My queries:
1. What is my liability if the authorities question non-payment of stamp duty?
2. What is my liability to income tax in respect of the amount received under a Gift Deed?
3. Is amount received from deceased younger brother's wife under a Gift Deed exempt from Income Tax?
3. Can I claim non-applicability of income tax on the grounds that it is received in terms of inheritance?

My son went to USA for higher education to persue his MS on 20/08/2019. In FY 2019-2020, he had no income in India and USA. For expenses towards studies, he remitted Rs, 4,14,000 from his SB AC in India to USA account, which has been reflected in the statement AIS. Since this is below Rs. 7,00,000, no TCS is collected. Where do I mention this in ITR2, as he is filing his return for AY 2020-2021, as an NRI, as he was in USA for full year. Though he doesnt have any income in India and USA, still getting messages from CPC, to file return, or will be counted as default. Please explain what I should do? I can file a nill return, but where to mention foreign remittance, or it is not needed, as already reported in AIS
Sunil Joshi
suniljoshi2005@gmail.com
9820166034

I am an CA INTER CLEARED person and not attended final exams due to family reasons can i act as a TRP if so what is the registration process pls guide me it will be helpful for me .

I and my wife contribute 2 lakh each into our newly created HUF. We invest 1.5 lakh in Tax saving ELSS. The HUF income of 4 lakh will attract zero tax taking into account 80C deduction of 1.5 lakh, right?

If we invest remaining 2.5 lakh in stock markets, will the capital gains from these equity investments be clubbed with our individual incomes through clubbing provisions? We already treated 2 lakh amount (each) as taxable in the hand of HUF.

Can we continue to invest 4 lakh each year in the above manner to build capital of the HUF?

I want to claim HRA deduction for Apr2021 to Mar2022 but as I have not made rent agreement earlier because I was not aware it is mandatory so can I make the agreement on today's date of stamp paper
Is it valid to Submit to income tax dept if scrutiny comes?

An assessee has two different businesses under one GST registration. Both are fully taxable. Can we use ITC of one business to set off Outward liability of other?

Dear sir,
I need advise from expert on accounting standard pertain to revenue recognition.
Case :
Responsibility of transportation of goods lies with supplier. Customer will inspect goods at supplier factory and instruct to supply to their location. It will take 1 week to reach customer location.
My query - when supplier need issue e invoice - whether at the time of removal or reaching at customer office.
i need advise from Accounting standard of revenue recognition and compliance with gst.

Namaste sir's

1) I sold one vacant site in Bangalore for 24 lakhs and deposited in capital gain account at canara bank

2) Now I'm in a process to buy 13 years old flat for Rs 40 lacs in Bangalore

3) home loan I'm taking 20 lakhs that gets credited to seller after registration

4) From capita gain account 20 lakhs DD will be given to seller

Whereas the balance 4 lakhs can i withdraw in cash part by part for incidental expenses like
Minor renovation works

Wall painting and doors polishing

Electrical and plumbing repair works and replacements

Please advise