An individual has started business on his own PAN card, he didn't apply for new PAN Card for his business and now he wants to get TAN registration.

1) In Online TAN Registration should he select individual or branch of individual of business (sole Proprietorship) ?
2) In Form where he would mentioned his company name because in form there is no column for Trade Name?
3) If he deducts TDS on job work and file TDS return , will the Purchase party able to see his company name in 26 AS or Proprietor name on it ?

Plz give reply fast i am totally confused on it?

Dear Sir,
I was under regular GST up to 31-03-2018 and from 01-04-2018 i have converted in to composition scheme. Now i have to file composition GST Return in GSTR-4 for the period from April 2018 to June 2018. However, with the regard to the stock held on 31-03-2018 on which i have already utilized the input tax credit with the month of March 2018 GST Return itself, but the stock was sold after 01-04-2018 under composition. Now what are the computation and permitations are to be taken care. Kindly advice.

Respected Learned Members,

As per Section 181 of the Companies Act, 2013, the Board may contribute to bona fide charitable and other funds provided that prior permission of the Company in a general meeting is obtained for making contributions the aggregate of which, in any financial year, exceeds five percent of the average net profits of the Company for the three immediately preceding financial years.

My query is if average net profits of the Company for the three immediately preceding financial years is NEGATIVE, whether board may contribute to bona fide charitable and other funds or loss making company can contribute to charitable fund.

Awaiting for reply

WHETHER LAB TECHNICIAN COVERED U/S 44AD OR 44 ADA

we have a manufac. unit in delhi and doing a job work of a harayana party
is e way bill required while we dispatched ready material to haryana from local tempo and material value less than 20 k

Please guide...

If a Salaried person perform frequent future & options transaction and incurred some loss as a whole. Also turnover is less than 1 crore.
please suggest the following:
1. If Tax audit is compulsorily required for carry forward of losses in the transaction?
2. Is it a speculative business or non speculative business?

Sir, in ITR-3 where the assessee is a partner in a firm and getting remuneration, interest and SOP. it is asking for B/s and P&L a/c. also the nature of business which is compulsorily mentioned ... if assessee is not maintaining any accounts how to fill this form.?

IN CASE OF FILLING OF FORM ITR -4 WHETHER IT IS COMPULSORY TO FILL COMPLETE BALANCE SHEET OR WE CAN FILL FIGURES OF SUNDRY DEBTORS, SUNDRY CREDITORS, CL. STOCK AND CASH IN HAND ONLY IN CASE OF NO BOOKS OF ACCOUNTS MAINTAINE AND CAN IT DEPTT. MAKE RETURN DEFECTIVE IF WE FILLS ONLY 4 FIGURES IN OUR ITR-4.

I am trying to fill the ITR 2 and based on my income from house property, I have to pay an additional tax of ~15K INR. I do see a link in the ITR form that leads to the TIN-NSDL site. However, there are multiple forms there. I am wondering which form I should use to pay this additional amount?

Is it Challan no 280? If I simply fill that form and make payment, is that sufficient?

Note: I have a flat that I own and my parents stay there for the past few years. I do not receive any rent from them. They are dependents on me. I am currently residing in another flat. My first flat is 'deemed to be let out'. I did not declare this to my employer therefore the tax was not deducted at source.

I have two home:
1. Self occupied: Interest on home loan > 2 lacs
2. Put on rent: Income = 3 lacs, Interest on home loan > 5 lacs
I have two questions:
A. Do I need to file ITR1 or ITR2?
B. How much exemption will I get? Only 2 lacs or 2 + 2 = 4 lacs?

Thank you very much in advance!
Manoj