I have salaried income which is fully tax exempt . I have been providing some consultancy too which earned me 2lac for 2019-20 which I discontinued the next year (I do not own any consultancy business) . Which ITR form should I fill ? Will it be fine to show this in tds2 ITR 1 ?

Hello All,

I have a query, i am supplying material to various PWD departments and in FY-18-19 i have sold Rs. 25 lakhs material to two PWD departments and shown Turnover in my GST & income tax. However both the parties deducted in FY-19-20. I could not claim TDS in last year i.e. 18-19, but how can i claim now in FY-19-20? Also please guide me on how to fill Schedule TDS in ITR?
Current Year T/O - 90 lakhs out of which TDS not deducted on 20 lakhs but Form 26AS shows T/O as 95 lakhs including that of last year - 25 lakhs.

i have calculated income under presumtive under 44 AD of the total tunover of say 4300000 lacs including gst @ 7 % (as all receipts are from banking transaction ) on higher side.

But actual profit is more that that. KIndly advise while filing ITR 3 ( as there is income from house property and salary also) how to show this income .


Mayur shah

By Mistake while filling GSTR 3B paid excess tax to government through ITC but shown correctly in GSTR 1 is there any way to claim credit back?

I am having long term capital loss on listed shares in the financial year 2019-2020. Do I need to fill the schedule 112A or I can directly fill the Long term capital loss in schedule CG of itr 2? Is filling the schedule 112A mandatory?

Unaudited assessee use to Pay rent of 60000 PM. .. was liable to TDS @5 %
due to Covid 19, rent of march 20 was paid in 10.12.20. can he deduct TDS now..
26QC showing FY 2020-21 , if he shows he paid in march 20.. He is liable to Panelty and Interest. Plz guide

One of non I.t. Assess person cash received from clients after Cash deposit in bank account.person this amount used clients I t tax and gst tax and other taxes paid.26 as download details mentioned below in f.y 19-20
SFT code:004 cash deposit in bank
Name of the SFT filer :sbi
Amount deposit: 15 lacs
Question:
A person I.t. return filed compulsory in f.y 19-20.

what is GST registration limit for Saloon who are providing services as well as doing trading of beauty products?

SIR
We are trading tyres and spares items for Lorries/Trucks. Now, we have decided to start a new business for service motive that RENTING the tyres and other equipments to the small transporters under the contract / lease basis for a particular period. They will pay the rent against our service bills.
Doubtful Questions are,
1. Is it possible under GST Act?
2. Rate of GST applicable for this service?
3. Agreement should legally be registered or not?
4. If we pay GST by collecting it from the transporters against the service, Can it be adjusted by the inputs we have?
5. Can we take the inputs on the Retreading charges of tyres after the lease period?
6. Can we claim the depreciation if any?

Plz guide us. Thanks in adv

A person filed Return of income for AY 2018-19, AY 2019-20 & AY 2020-21.

Whether 194 N threshold limit of 20 Lakh applicable to him in the financial year 2020-21 ?

TDS on cash withdrawal above 20 lakhs applicable to him ?