A company is rendering services and the bill of particular month is issued in next month so the bill of Feb is issued in March and of March in April and as time of supply in GST the liability of GST arises in march & April respectively which is payable in april & may resp., but as per accounting since the services are rendered in Feb & March it is considered turnover of FY 17-18 and GST payable of Feb & March is recognised as liability , so for accounting purpose the services rendered in March is considered in FY 17-18 and for GST purpose the services of March is considered in FY 18-19 in GST .
Pls correct me if wrong

I am a housewife. I have interest income from deposit and short term capital gains from equity.last year I started f&o to understand. I incurred a loss of 65000. My turnover is 325000. I believe you can’t show a loss. One must get books audited.
1. Can I show presumptive gain and file returns?
2. Which itr form to use?

Dear sir whether filing itr 4 in such case I has all details of balance sheet. Whether it is filed all details. Or only debrors, creditors , cash on hand, cash at bank
Give me separate answer in two different case.

How/where to fill Gross Receipt from Business/Profession u/s 44AD/ADA

I received salary as contractual employee in government dept. F.Y. 2015-16 Rs. 70260/- tds deduction rs. 7026/-, F.Y. 2016-17 Rs. 164984/- TDS deduction Rs. 16498/- and F.Y. 2017-18 Rs. 146912/- TDS deduction Rs. 14691/-. But I had not submitted any ITR in previous year (up to A.Y. 2017-18). I want to claim total TDS amount Rs. 38215/- (7026+16498+14691).
Plz guide me that how can file ITR for it refund.

Dear Expert,

Mistakenly we paid more tax under 94J( company deductee) which should have been paid under 94J( non company deductee) challan. what is the remedy kindly advice

Regards.

I worked in Bangalore university in 2017-18 P Y ( may and June 2017). But I received the remuneration in 2018-19 ( may 2018). In which years it is taxable. Whether it taxable in the year in which I worked or in the year in which I received remuneration.
Please guide me

Dear Sir,

My Client has taken an agency and deposit some amount as security to the Dealer. The dealer gave interest on such deposit. My query is that whether interest income is counted as an exempt turnover while calculating GST Turnover or it is treated as a transaction in money and out of scope from GST.

sir,

I am very much confuse about pbgb income that are allowed and disallowed can any
body help me for that




Avik Banerjee

Assessee has sold 3 residential houses amounting to Rs 4 crore approx and earned the LTCG of Rs say 30 lacs (Rs 15 Lac + Rs 5 Lac + Rs 10 Lac). He invested Rs 3.5 Crore to purchase new house. Is his total LTCG ie Rs 30 Lac exe. If yes, how to reflect in IT return ie 3 different entry or 1 single entry
Kindly Share your expertise