Sir,
An assessee who has opted presumptive business income assessment u/s 44AD after this scheme was available , and had sold Land and building of his factory premises.. Now while calculating Capital Gain he has done Indexed cost on Land portion and for building portion- can he adopt Book Value ( without Indexation ) without providing Depreciation OR he is required to take book value after providing notional depreciation to arrive at Short Term Capital Loss. on building portion ..Is there any guideline or Restriction or advisory on this point.
Please guide.

I have one company just register 2 weeks before, now i need to transfer it to my wife, and it is said need valuation ceritification from CA, is this neccessary or i can use face value directly which is sign by director?

I uploaded my ITR-1 of AY-2019-20 as on 30/08/2019 but till now no processing completed...... status showing 'Successfully e-verified'....... What is the last date for ITR processing by department

A person gst composite scheme registered trading of medicines.
1. Sales turnover April to December,2019
Rs.21,00,000/- tax Rs. 21,000/- paid.
2. Same person income from rent for shop
April to December,2019 Rs.36,000/- received.
Question:
Income from rents gst applicable and which rate of tax applicable.

I had applied for the registration on 10/03/2020. I unintentionally wrongly entered my trade name and at the same time the department want me to submit additional document for the registration.. is it possible for me to make a new registration correctly rather than filing application for clarification and after approval correct my trade name..it will take time and I need gst registration urgently

thank you
rayees dar

Hello,
We are a pvt ltd company in Maharashtra. For the first year directors of the company were not employees and not drawing salaries. For that year all directors applied for PTEC and paid @2500 for the year.
From next financial year directors became executive directors and started drawing salaries. Question is
Now should directors pay PTEC @2500 and should company also deduct 2500 PTRC for them ? but that would mean double taxation which in my opinion should not happen. Which one of two taxes need to be paid in this case PTEC individually by director or PTRC by company ?

Hello Experts
Greetings!!
I have sales return for this month and there will be no sales for several so is there any option to claim refund for input received on sales return or we can adjust while filling annual return (gstr 9)/ gst audit return (gstr 9c) if yes then how

Thanks in advance..

CASE
FY 2018-2019
BUSINESS : TRANSPORTATION
TOTAL TURNOVER 92 LAC
PROFIT AS PER PROFIT AND LOSS ACCOUNT 2.40 LAC
WHETHER I SHOULD FILE ITR OR NOT
AND IS IT SUBJECTED TO TAX AUDIT

Dear All

I have changed my corporate address Delhi to U.P. . Registered address is in the Delhi. Does need to apply the new TAN? or require any correction in existing TAN.?

Dear sir,

Our Bank had Been Received Notice U/s 226(3) to pay Such Amount Directly to Department Regarding Interest and Late Filing Fee in TDS Filing
After Which i had Filed Revised TDS Statement By Paying Interest/ Late Filing Fee
My Question is There will be any Impact on the Balance Available in Bank
Or So i Can Draft the Letter to Department to Revoke the Notice
Please Reply
Thanks in Advance