Mr. X suffered Loss in FNO of Rs. 350000.00, where to show same in ITR, is it a Business Speculative Loss or Income from Other Sources. IF its Business Loss than.. Books is compulsory or its 6 Percent Profit is compulsory U/s 44AD or directly showing Business Loss without books of Accounts. Plz guide.. thanks in advance

A HUF WAS SETUP BY AN ARCHITECT WHO ALSO FILED ITS RETURN IN INDIVIDUAL CAPACITY UNDER PRESUMPTIVE SCHEME, AS PER HIS RECORDS, FEW PART OF HIS INCOME IS REFLECTED U/S 194J IN THE 26AS OF HUF.
NOW THE QUESTION ARISE, WHETHER HE FILE THE ITR OF HUF UNDER PRESUMPTIVE SCHEME CONSIDERING THE SAME AS
1. PROFESSIONAL RECEIPTS AND CONSIDER INCOME @ 50% OR
2. JOB WORK INCOME @ 8/6% INCOME
AS THE WORK IS ACTUALLY DONE BY KARTA OF THE HUF.

KINDLY SUGGEST.

dear sir,
i deducted and deposited tds of 10000 for 1 party but left it out while filing tds return.How do i correct this? Is it possible to revise tds return.if so what is the due date?
can short deduction in 1 quarter adjusted in the next quarter?

thanking you

sir,
new Capital gain Long term calculation explain
if suppose i purchase shares f y 2008 rs 10000/- ( 1000 Q)
FMV Value Rs 37 lakh 31.01.2018 (1000 Q)
& Sold Rs 24 lakh 25.09.2018 ( 1000Q)
above case my Long Term loss consider Yes or No please explain

Hi!

I need a clarification.
Our customer have raised debit note for Material rework done by them due some manufacturing defect . For that, they incurred labour charges of some amount. (For ex: Labour charges : 20000/-) They submitted debit note inclusive GST.

How to treat is debit note from my side.

I have to raise Credit note or I have to show in Manufacturing expenses.

Kindly clarify me.

DEAR EXPERTS,
ONE OF MY FRIEND HAD RECEIVED AN INTIMATION FROM THE "IT DEPT" REGARDING THE CASH DEPOSITS MADE AT THE TIME OF DEMONETISATION AND HE HAD ALSO NOT FILED HIS RETURNS DURING THAT AY.. NOW AFTER THE ISSUANCE OF NOTICE FROM "IT DEPARTMENT" HE HAD FILED HIS IT UNDER 44 AD... NOW WITH REGARDING TO THE NOTICE:
1) SHOULD HE RESPOND EACH TRANSACTION EXPLANATION LIKE SUBMITTING HIS BANK BOOK LEDGER (OR)
2) JUST REPLY THAT THE AMOUNT CREDITED ARE THE AMOUNT RECEIVED FROM MY DEBTORS AND I HAVE OFFERED ALL SUCH INCOME TO TAX???
WHICH OF THE ABOVE OPTION IS SUITABLE AND WONT CAUSE ANY FURTHER PROBLEM ??
IF THERE IS ANY OTHER TYPE OF RESPONSE PLEASE KINDLY LET ME KNOW...

I have uploaded the GSTR 9C Json file and it is processed successfully without any errors... But when I clicked on initiate filing tab it is showing " Issues while loading the page, please refresh to continue" I have refreshed many a times but the same appearing again and again... From here onwards nothing is happening... i.e., neither balance sheet nor P&L is uploading to continue to file form GSTR 9C.. Pls kindly help me out in this issue.

Sir,
Our Gurudwara registered under society act Himachal Pradesh. The Income tax officer deducted an amount of Rs 18 lac from Gurudwara saving account. In saving account the cash was deposited which was collected as denotation from public . For refund of said deducted amount what i do. Please guide me.

Rajinder Singh

Dear Experts
What will be the consequences when a CA Firm having two partners and one partner resigns?. Whether the firm can continue as a proprietary firm with same PAN or the continuing Partner register as a fresh one with ICAI and and obtain Firm Registration Number?.Kindly advice

SALES AND OUTPUT TAX IS NOT SHOWN IN MONTHLY 3B RETURN BUT SAME WAS SHOWN IN GSR1

NOW IN ANNUAL RETURN GSTR9 WHERE TO SHOW AND HOW TO PAY

THIS CASE IS NOT APPLICABLE FOR GSTR9C AUDIT

AND AMOUNT IS THERE IN CREDIT LEDGER AND CASH LEDGER CAN I ADJUST IT

OR SHOULD I PAY THROUGH DRC EVEN IF AMOUNT IS THERE IN CREDIT LEDGER .