I have purchased agriculture land on 29.08.2012. I converted agriculture land to non agriculture land in 2017-18 as on 23.10.2017. after conversion I sold this land on 16.07.2019. what will be capital gain liability?

respected sir
In itr 3 ay 20-21 in genaral information page " whether you are a director in a comapny" droup down list is disable how to select yes/no . please guide thanks......

Sir
As it is unknown, I did not deduct any tds on the interest paid to NBFC for the last two and half years. No body asked me regarding this from NBFC so far.
Will arise any problem to me in future?
thanks in adv

Hi Everyone,
one of my client registered in GST. He started export the material to out of india. and he purchases the material from composition dealer can he have do that for exclusively for the purpose of export ?
Please suggest to me.

Material was sold to an organisation in Punjab. Supplier is in Delhi. The purchaser returned the goods without receiving it...
What is the treatment of the same? Sale Bill is to be cancelled? If yes then how E way bill can be cancelled as the 72hours time limit has been elapsed...

sir
Is it compulsory to pay TDS on the interest of vehicle loan obtained from NBFC by an individual whether he is covered or not covered under tax audit?

If yes, Assume he has obtained the loan for 5 vehicles and paying dues with interest. While calculating the tds on interest, exemption of Rs.10,000/- p.a is applicable only for a single vehicle or totally on all of the vehicles .

thanks in adv

I have 2 queries regarding TDS:
1. W.e.f. 01/Apr/2020, the rate on all technical services is 2%. Please confirm
2. How to show the rate of 2% in TDS Return since Sec 194J covers both 10% and 2% entries.
Regards

Dear Sir,
I have incurred short term loss of Rs 70000/= appx on buying and selling of shares and further incurred loss of Rs 25000/= appx on trading in FUTURES AND OPTIONS .
Can I show my short term capital loss of Rs70000/= and loss in FNO in FORM 2 for IT return for AY2020-21.
Since FORM 4 is applicable if FNO loss is > 1 cr.What to do with FNO LOSS ,please clarify

Thanks and regards,

P.J.RAO

Regards sirs to all you,

I am talking about those GST holders whose sales turnover during the fy 19-20 was less than 5 crores
==================================================================================
Sales Turnover less than 5 Crores during the fy 19-20
===========================================

Due date GSTR-3-B FOR JUNE 2020
=====================================
Extended date is 23-09-20

Now

Due date GSTR-3-B FOR JULY 2020
=====================================
What is the due date ?

Please guide me and oblige sir.


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Whether Topup in HBL exempted from Income Tax ? Should any one get Income Tax deduction on repayment of Principal alongwith interest u/s 24(b) in House property.