One of our client is in the business of Future and options . We have prepared his Trading account as per our ICAI Guide lines. Positive profit on Credit Side and Loss on Debit side. and difference is Profit from FNO. Now going for ratios to be calculated in form 3CD in Gross profit ratio. What sales we shoud take.
1. Should we take total of Positive and Negatives or only Positive Figure as turnover.

Dear sir,
I have not filed income tax returns for AY 19-20, 18-19. In those AY's I have Income reflected in 26AS and also TDS amount upto 20,000/-. Income tax portal not allowing me to file income tax return except with condonation request from CBDT.
but all my applications for condonations are rejected..
Is their any other way to file income tax returns??
and Can I get Refund of TDS amount belonging to Those AY 's.....??

Pls help me in this regard.....

Dear expert,
I need advise on following points under GST

Whether assessee can do stock transfer or bill to their own branch/depot on bill to ship to basis.
if it is allowed under law. Kindly share provision link

Board Resolution (in case of Companies) stating that the Company’s operations are under stress on account of Covid-19
please let me know how to write this board resolution . SINCE VARIOUS BANKING ARE ASKING TO MY CLIENTS TO SUBMIT THIS

Can anybody give a list of good mid-sized firms in Pune of articleship?

Hi,
Is there any GST implication on the unbilled revenue (services performed but not yet invoiced) at the end of the financial year?

Respected Sir,
Please guide on below mentioned query.
A Husband and a wife, both are teacher. They have financed Home Loan on through Joint Account and Home is registered on both name.
So my query is, can both of them claim deduction on Interest on Home Loan equally in their respective ITR ?

In my understanding the sales made / service provided to the unregistered dealer by Registered dealer would be categorized as B2C irrespective whether the Unregistered buyer uses it for self consumption or for further sale of the same.

regards
Piyush Rawal

In case of electronics item manufacturer, when we can Apply TDS & which section

Hi All


Whether GST input credit is available on business promotion expenses (Gifts purchased for customers)?
Thanks in advance