CA Parul Saxena
29 June 2022 at 10:28

Trust related query urgent

if 2 charitable trust is to merged. what are the formalities?


suresh
28 June 2022 at 23:03

IT returns FY 2021-22

I HAVE SALARY FROM PREVIOUS EMPLOYMENT TILL AUG 2021 FROM INDIAN COMPANY.
I HAVE FEW COMMISSION CREDITED TO MY ACCOUNT AS AGENT.

MY QUERY IS THAT WHAT WILL BE MY TAXABLE INCOME FOR THE FY 2021-22.\ AND WHAT ITR SHOULD I FILE .

THANKS AND REGARDS
SURESH R


DIVYESH JAIN

Dear Sir,

One of my client has earned Commission income from an Insurance company and the company has deducted TDS @ 10% under Section 194JB

My query is while filing his Income tax return under which head of Income should I consider this income. Can I take this income as Other source income since commission income does not come under Presumptive Taxation scheme under Section 44ADA.

Please help me in this matter.

Regards,
Divyesh Jain


Daya
28 June 2022 at 17:54

Taxable turnover more than 20 crores

taxable turnover more than 20 crores then whether for each invoice we have to make E way invoice irrespective of invoice value more than 50K .


Abdul Salam Sagir

I was holding shares in my NRI PINS account and after becoming resident, opened a resident demat account and transferred PINS shares to the resident demat. This is recorded as an off market transfer in the records, by the depository. STT was paid at the time of purchase of shares.
Would like to know the tax implications on sale of shares in the resident demat: if the total holding period (NRI PINS+ resident demat) is more than 12 months, I need to pay only LTCG? Or, holding will be considered from the off market transfer date, where STT was not paid? Please clarify.


Daya

Accounting group of preliminary expenses and journal entry of written of preliminary expenses. As
per new schedule of balance sheet.


Chicku
28 June 2022 at 16:46

LDO calculation

How to convert 10k ltr LDO into kgs if density is 0.927


vikas miskin

i am want file return FY-2021-22 my income sources main in the construction line but sometimes have activity in share market and mutual fund. but in 26AS not showing any transaction of share market and mutual fund activity but showing in AIS form. i want not show any transaction of share market and mutual fund i am want show only my construction line income, my query is can i file ITR4 to show only construction line income ?


Vinod
28 June 2022 at 16:22

Form 10e for leave encashment

Please let me know the annexure field i need to choose to enter details in form 10e to avail exemption for leave encashment received on resignation. The following are listed in the portal:
Annexure-I: For Arrears or Advance Salary
Annexure-II: For Gratuity (Past services over five years but less than 15 years)
Annexure-IIA: For Gratuity (Past services for 15 years or more)
Annexure-III: For Compensation on Termination of employment
Annexure-IV: For Commutation of Pension


Namita Bhade

Hello CCI Members

If a travel agent acting as a pure agent and issuing Invoices with travel ticket amount and processing charges with GST on Processing Charges at the rate 18%.

1. How the Invoice will be shown in GSTR 1? Total Invoice value will include travel ticket amount? and taxable amount will be only processing charges amount?

2. Is the travel ticket amount is to be shown in GSTR 1 anywhere?

3. Will the travel ticket amount will be counted while counting threshold limit?

4. Is P&L of Travel Agent will show sales and purchases of tickets amount bought on behalf of customer?

Please help.

Thanks in Advance






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