We are manufacturing unit , now we want to give whole plant on rent to another manufacturing unit and we will receive fixed monthly rent. In this regard my question is that under which head rent income to be shown ?? under the head PGBP and claim depreciation on plant and machinery or under the head CG and write off depreciation to capital account ?

Sir/Madam

I have little bit confusion that is any requirement of CA Certificate in case of any assessee made F&O on daily basis for filing of income tax return??

Is any statutory limit of profit and loss for getting ca certificate??

please share me any link for detail reading.

thanks in advance

I moved to Middle East last year where I started a company and was an employee of that company.

Number of days in India in FY 2023-24: 180
(Indian) business loss brought forward from FY 2022-23 to FY 2023-24: -20L
Profit from (Indian) business for FY 2023-24: 30L

My understanding of NRI status:
- Gone outside India for purpose of employment
- In India for less 182 days
- Total income from India less than 15L

My understanding of RNOR status:
- Gone outside India for purpose of employment
- In India for less 182 days
- Total income from India more than or equal to 15L

Is my understanding of NRI and RNOR status current?
Will my "Total Income" be 30L or 10L (30L - 20L offset from last years loss)?

A Delhi Law Firm has GST Registration number and charges IGST on the Bill. We are recipient of services registered in Rajasthan. In this case should we pay IGST or CGST on RCM Basis. We are paying IGST on RCM Basis.

In case of unregistered Delhi Law Firm, they do not charge anything, so we are paying CGST/SGST as we are registered entity

Please advice

Sir,
Sales Invoice to a Particular buyer in one State is prepared but goods send to different state of same buyer,
Whether Sales invoices can be amended at present.

HSN code is 998315 is liable for TDS in india and what is rate of TDS and section ,is it fall under 194J @2%

SIR
MR.A SALE OF LAND AS ON 24/02/2024 RS. 720000/- HE PURCHAES THIS LAND AS ON 15.03.1984 FOR RS. 1500/- ONLY .AFTER HE SPENT EXPENSES FOR DEVLOPMENT AND IMPROVMENT COST RS 5,25,000 FOR VAIES YEAR 1990, 1996, 2001, 2005 2018 .HE CLAIM OF THE AMOUNT ON CAPITAL GAIN WORKING ?

Dear Sir/Madam,
I'm register in Gujarat and my supplier is from Delhi, he gave instruction to deliver goods in Gujarat

1. in this scenario first come to my mind is interstate supply (3rd party location is Delhi)
2. But here he just gave instruction to deliver in Gujarat so it comes intrastate transection (same state)

I go with first one and take igst and udate my einvoice and ewaybill whether I'm wrong?
If yes then how I can correct myself?

Can I pay Brokerage Rs.1,50,000/- for sale of property by cash ?

sir
Mr A sale of land as on 10.12.2023 for the cost of Rs.7,20,000/- He purchases of this land as on 15.04.1987. He spent expense for land development and improvement of land for varies year for 1990, 1994, 1999, 2014, 2019 for total RS. 520,000/- He can claim of this amount for working on capital gain
thanks