Income tax of a deceased person is filed by his legal heir for the period upto his date of death. What will be the case if there are more than one legal heir, say all children get their share as per will? Now who is going to file the return of the deceased and what will be the documents required by him?

In 2020, I have earned some money on maturity of L& T infrastructure Bond-2010 and TDS deducted under 194A. How Can I show it in ITR-2. Please guide me. Where Can I add this income in ITR 2? Income from other sources?

How udin can be updated by a CA in the new income tax portal?
How to view 26 AS in the same?

Our GST sales is below 5 crores. Do we require to give hsn Code for B toB SALES? PL Clarify?

Dear All,

I have following query:

Mr. A gifted 1.50 Crore to his younger son Mr B, aged 25 years, to start the business. From this sum, Mr B purchased a bungalow. He has started his business of renting this bungalow to prospective clients.
1) Will this bungalow be treated as depreciable asset or non-depreciable asset?
2) If this bungalow is treated as depreciable asset, then the depreciation rate would be 10%. i.e. Rs. 15 lakhs depreciation. However, he is expecting total rental of Rs. 10-11 lakhs p.a. After all expenses, he will be in loss. Will he be liable to tax audit due to loss?

Kindly guide me.
Regards,
Suraj

Hi,
I have following income.
Saving Account Interest: 25000
Salary: 15 lakhs
Intraday loss: (-147000)
Short term loss: (-37000)
long term gain: 35000
Total turnover: 350000

I want to carry forward my intraday losses. Will audit be compulsory in my case?
Which ITR form should i fill?
If yes, how much usually CAs' charge for audit when everything (Consolidated P&L) is given by Zerodha.
Isn't it double blow to a taxpayer? He already lost in intraday, now additional burden of audit fee?

Dear Sir / Madam,

in one of the company, the director has Mortgage his personal property valued at Rs 70,00,000 for companies loan purpose on that property basis, company has received loan for rs 1 cr now the company wants to allot Equity shares for Rs 1 cr as the person has mortgaged his property on the condition that company will allot shares, kindly guide us.

Dear Expers,
We are the registered Pvt. Ltd. Co. & i want to know that- Can we claim of Input GST on Hotel bill of Accommodation, Welcome refreshment, Transportation, Shikara ride, Meals, Side seeing garden etc. amounting Rs.15,00,000/- (Rs.Fifteen lacs)??? Please reply.

sir,
what is the difference between book keeping accounting and cloud accounting.

IGST ₹11,00,000 on goods imported was erroneously claimed twice in FY 2020-21 - once in June, and once in November.
How to resolve the same? Can I show it in ITC reversed tab in GSTR3B and pay it off in September 2021 return? Or do I pay it when filing GSTR9 for FY 2020-21. If through GSTR9, how do I disclose the reversal of wrongly claimed IGST on imports?

Thank you.