1) if assessee required to get their books of account audited u/s 44AB, Can we opt 44AD for F&O transaction if nature of business is whole sale and retail trade?
2) In case of net loss (Sale amount - buy amount) in F&O transaction, then 44AD will be applicable?

if a individual person having income from LIC agency commission, general insurance and nbfc companies connector code(commission) and turnover is less than 20 lac yearly
Is he required to register under GST???
please guide

Sir, I have a question My Turnover for FY 2022-25 was above 2 cr. hence I filed GSTR9 but this year my Turnover reduced to 1.20 cr. is filing GSTR9 mandatory for this year ?

Delivery,
Future and Options,
Intraday and
Equity.
and
CTT rate also

HI
RCM on freight limit of Rs.750 or 1500 is still exist or it has been removed under GST
If there is any change in limit then please share notification

Can we set off losses of foreign subsidiary company in the books of Indian parent company?

RCM ON DIFFERENT.....SITUATION FOR..............COMPOSITION DEALER....

COMOSITION DEALER,,,,,,,

RCM APPLICABLE ?????

PAYING RENT 19000 RECD-RENT RECEIPT…WITHOUT CHARGE GST ON RENT…

THEN ….COMPOSITION TO PAY RCM ON RENT ????

COMPOSITION DEALER…...PAID …CASH EXPENSES ON

CASH PAID FOR EXPENSES….ON EVERY SATURDAY

TOTAL CASH EXPENSES…AROUND 9000 ……RCM APPLICABLE ???



GENERAL QUESTIONS….FOR
REGULAR DEALER

RCM APPLICABLE LIMIT….FOR TOTAL ..CASH EXPENSES…PER DAY

ANY LIMIT…FOR TOTAL EXP….CASH / CHQ

CAN I GET MCA DATA OF COMPANIES WHO FILES THERE FORMS REGION WISE?

Sir,
If in a cheque Payee;s name is wrongly mentioned does it invalidate the cheque.
One person told me that as per RBI circular bank only verify Account No and IFSC Code before accepting payment.
Is it true ? I have Doubt
Regards
Abhijit

Agricultural Property was converted in to Non Agricultural Plots and sold piece meal plots to different buyers
In FY 23-24 out of total some part was sold and balance remains as stock
Cost of Property value Rs.1.34CR
Property value at the time of N.A Rs.1.96 CR for 12181 sq Feet
Sale value as per agreements Rs.61 L for 1812 sq feet

In the above case my question is
1) How to show this in income tax return and how much will be capital gains and business profit if both are attracted.
2) What sale amount to be shown in capital gains schedule
3) What amount and how to be shown under business profits