Mr. A opened a demat account in a bank and make share transaction through it. Some of the share transaction are intraday with out any delivery while others are transaction having with delivery. That the share transaction are carried on all through the year. That during the year such transaction have crossed the turnover limit u/s 44AB. I want to that under what head will the Income be taxed for transaction with delivery? Will it be capital gain or business/ Professsion? If it will be Business/ Profession how will the turnover be calculated. Please Guide.
What will be the case for Intraday Transaction?

Can we claim refund of RCM paid on Inward supplies on accrual basis but due to some reasons no Inward supplies has actually been received?

Respected Sir,

MGT-7 & AOC-4 & ADT-3
====================
These are the documents which are filed with ROC, Can anyone guide me as I want to know the meaning of these filings with ROC.

TKS WITH KINDEST REGARDS

Sir,
My issue is regarding 2 Cover Open Tender: COVER-1 is Signed Technical Bid comprising Technical aspects of the services offered and "Un-priced Schedule which shows "Rate inclusive of all taxes (to be entered by the bidder)" (Do not quote the rate here). COVER-2 Encrypted BOQ Templated - Price Schedule (must not be modified/replaced, else liable to be rejected for this tender). Basic Rate to be entered by the Bidder in Rs. " Total Amount without Taxes" Kindly Clarify as to whether invoice to be submitted "With Taxes OR without Taxes"? May kindly be clarified.

Read more at: https://www.caclubindia.com/experts/unpriced-technical-price-schedule-tax-terms-vs-encrypted-boq-price-schedule-2845289.asp

Whether an individual who is not the owner of the place selling his tenancy rights to the landlord (new) as he is been occupying the place since 1981 ie almost 40 years is now selling / surrendering his rights to the landlord for a consideration.

Note - new landlord has acquired all the other flats of the same building from the original landlord & other tenants.

Query
1. Whether consideration received will be treated under income from Capital Gain or other sources

2. IF under Capital Gain, whether indexation will be eligible & benefits of Sec 54 can be claimed, as there is no purchase agreement in our favour, only electricity bills are been paid by the assessee towards the flat.

Respected Sir,

IT Refund has not been received as yet for the Ay 200-21 ( Year ending March 20 ) . Please guide me what to do in such case on new portal of income tax site. I have to complain on this issue on new portal but I dont know how to operate new portal of income tax.

A small retail pharmacy business person (turnover below 40 lacs limit) applied for cc loan bank.but bank manager three years projections (profit and loss account and balance sheet) required.
Question:
How to prepare procedure 3 years projections.

I bought a property in 20 lacs in 2011 (cost inflation index = 167) and selling in 2021 in 45 lacs (CII = 301).

Now, I have two options:

Option 1) Out of 45 lacs, invest 25 lacs to settle loan of another property. Remaining 20 lacs can be added to my bank account.

Option 2) Add entire 45 lacs to my bank account.

Can you please let us know which is better in terms of capital gain tax that needs to be paid?

Thanks in advance

A person had taken land on 30 years lease in 1977 which was renewed on 2007. He paid Rs 3600 as premium at the time of taking the lease in 1977. A house has been constructed in the land around 1977-1980. The lease hold land along with house has been sold for Rs 30 lakhs. Kindly advise on the calculation of capital gain.

What will be the HSN Code for unstiched dress material (Women) ?