SIR A PERSON HAVE INCOME FROM BOTH ARCHITECTURE AND CONSTRUCTION
ARCHITECTURE GROSS RECEIPT 400000 INCOME 250000

CONSTRUCTION GROSS RECEIPT 500000 INCOME 75000


SO CAN HE OPT BOTH PRESUMPTIVE SCHEME

I.E 44AD FOR CONSTRUCTION


OR

44ADA FOR ARCHITECTURE INCOME

BY FILLING ITR 4

I would like to know from experts whether amount of depreciation of a fixed asset should be shown as liability in the balance sheet. Depreciation is calculated as per Income Tax Act in the instant case.
Please note that WDV of the asset will be included in the asset side of the balance sheet.

Suppose a person is providing 1. GTA services to a registered factory and the factory is paying GST at 12% under RCM
2. and also providing other commission services in which he collects and deposits GST to govt.

Now can the GTA take input tax credit on tyre, spare, new truck purchase etc?

Dear Sir,
I am having query regarding applicability of section 44AD , that whether 44AD is eligible for unspecified professions covered u/s 44AA (2) ? as in section 44AD only specified profession covered u/s 44AA(1) has been excluded/non eligible for section 44AD , so as per the language of law we can take 44AD for unspecified profesion like photography or teaching profession ?? if not eligible then kindly suggest treatment for the same
plz guide

Respected experts,

Please tell us in what is the group of Electronic cash ledger
Under Duties & Taxes
or Current Assets

I am receiving a contract based salary of 18000 after deducting 2000(10%) TDS Under section 194J. I am working as an English and Life skill trainer ( TEACHING ) for class 4 to class 10 at government school.
Which form of ITR form should I file to get refund?
Please suggest me in this regard. Thanking you

what is mean by accumulated unprovided depreciation in DPT -3?

Hello Sir,
My client is Transporter and fall under RCM , So i file GSTR 1 and also Tick Mark RCM Applicable, @ 5%
My Question is in HSN Summery Field How can i Show My Tax Liability 5% as per Show abow in B2B RCM applicabe, ????
OR How I So In Invoice Value , Taxable Value , IGST, CGST,
FOR Example : 100 rs taxable value
2.5 cgst
2.5 sgst

Sir,

One of my friend is running advertising agency, which is purely service oriented. He gets ITC on buying
advertisement space from the media for his clients, which again is service oriented. Now, the doubt is,
whether the ITC should be shown under the head " Inputs " or "Input Services " in table 6 B of GSTR 9,
as he has no trading activities.

Pls. advice.

Respected Experts

One of our income tax client registered under GST (supply of earth movers spare parts). He also owns two Earth movers (JCB) and also working as an workshop man (repairing of earth movers). whether he required to pay tax for earth moving services also for the workshop services

Kindly reply me
Thank you