Sir/Madam,
I am karthik, Please Clarify My Doubt

I am working under poultry feed supply Distributor, we are selling feeds to the different consumers in that Distributors, farm owners & wholesalers is there.
Suppose i sale feed to the Registered person means he is using Business purpose,
Second point in same case i sale feed to Unregistered person he don't have a PAN card also, so he have Poultry farm he using feed or medicine chick's production purpose.
In Second case accounting terms he is under consumer or unregistered person.
Please clarify my doubt as soon as possible

Sir / Madam,

I have my investments in mutual fund - SIPs and lumpsums. I have a query as to whether the maturity of the mutual funds is subjected to tax under Capital Gains ??

Kindly guide me as regards this.

Thank you.

I am filing ITR 3 for a Post office agent for financial year 2016-17. His Gross Receipt is about 1.80 lacs. I have filled the section No Account Case in Balance Sheet and Profit Loss account sheet. and nature of bussiness i mentioned General Commission agent 301 and In General Information sheet i Checked No in Section 44AA and 44AB and all the sheets i have validated and Created XML. But while uploading xml I am not able to upload and getting error like that.
"The XML Schema is invalid. Please upload the XML in the correct schema.
At Line Number 59 : The content of element 'ITRForm:AuditInfo' is not complete. One of '{"http://incometaxindiaefiling.gov.in/master":AuditAccountantFlg,
"http://incometaxindiaefiling.gov.in/master":AuditReportFurnishDate, "http://incometaxindiaefiling.gov.in/master":AuditorName,
"http://incometaxindiaefiling.gov.in/master":AuditorMemNo, "http://incometaxindiaefiling.gov.in/master":AudFrmName, "http://incometaxindiaefiling.gov.in/master":AudFrmRegNo,
"http://incometaxindiaefiling.gov.in/master":AudFrmPAN, "http://incometaxindiaefiling.gov.in/master":AuditDate, "http://incometaxindiaefiling.gov.in/master":LiableSec92Eflg}' is
expected."

Pleease Guide me how can this error should be rectified.

X Ltd scrapped entire block of assets at zero value .
Opening WDV as per IT act 1 lacs and same amount showed as deletion.

In company act treatment as follows
opening WDV Rs.53 lacs
Depreciation till scrap date Rs.35 lacs
Balance wdv Rs. 18 lacs
Scrap value 0
Loss on scrap Rs. 18 lacs
Will loss on sale allowed as short capital loss
Assess has shown Rs .18 lacs in profit/loss account but in computation assessee has not given effect to such loss.
Now what will consequence in income tax act in assessment?
Will STCL loss will be allowed to set off or disallowed?
Can AO invoke provision of section 271(1)(c) for furnishing inaccurate particulars?

In GSTR-1 is it compulsory for all dealers to fill values in 'Document Issued' as there are changes in these numbers.

accounting tratment for depreciation

Hi,

Can we opt now composition scheme now? If yes , from when will be the same effective.

Please advice

Regards,

what to do if itr4 filed after due date without balance sheet

Dear Experts

Pls clear the leave rule under LTA.

Can any one claim LTA with paid leave?

Thanks

Dear sir, Assessee was government in service, and on his name TDS was deducted and lator on due to his sudden death, his pension is getting credited to his wife account , but tds is there in the assessee name. So, how do we transfer the TDS from assessee account to his wife account, as i have to file her income tax return. kindly advise.