satish kumar Chauhan
22 July 2024 at 21:13

DECLRATION OF INCOME 44AD

Dear Experts

I have income from ILETS coaching center i.e fees from students, Visa application Processing Fee, Commission from NBFC and related jobs and I am registered under GST Act. Total Receipt of all sources is less than 60 Lac.

My query is, 1. can i file ITR under section 44AD. 2. Total Receipt of all sources is my turn over for calculation of profit 8% or 6 %.

Thanksfor all experts for earliest reply.


Praveet
22 July 2024 at 21:02

About Lic Value

LIC Matured value taxable or non taxable??


suresh
22 July 2024 at 19:01

I.T RETURN FOR DECEASED PERSON

ONE OF MY NEIGHBOUR EXPIRED LAST YEAR OCT . HIS TOTAL EARNINGS IS AS BELOW:

1.SALARY INR 1.91 LACS (INCLUDING GRATUITY AROUND 1.6 LACS)
2. PF AMOUNT RECEIVED GROSS 3.3 LACS



WHILE PF WAS RECEIVED TDS AROUND 33,000/-WAS DEDUCTED.

MY QUERY IS THAT
HE FILES IT RETURNS REGULARLY. IF WE FILE I.T RETURN FOR LAST FINANCIAL YEAR CAN WE GET THAT REFUND OF 33,000/- RUPEES. AND ALSO LET ME KNOW THAT IS THE PF 3.3 LACS IS TAXABLE INCOME

KINDLY ADVISE


Chahat Khanna
22 July 2024 at 18:50

Defective return notice for FY23-24

Resolved and deleted.


Aditya Ghatge
22 July 2024 at 18:40

Unable to process Income Tax Return

Dear Sir,

I'm coming with an error as mentioned in the screen-print request you to kindly advice. Unable to attached herewith the screen-print hence sharing the Error displayed.

Error Description "[#/ITR/ITR3/Schedule112A/Schedule112ADtls/1: required key [ShareNameUnit]not found]"

Suggestions " Please contact the developer of your error with the error key "

Kindly advice.

Warm Regards,
Aditya Ghatge




PRIYA
22 July 2024 at 18:35

Tax on stcg and ltcg

I have 20 lakhs income from short term capital gains on selling shares and 9 lakhs from long term capital gains on stt paid shares for the financial year 2023-24. How can I save my income tax on this income?


Suresh S. Tejwani

If e way bill was not generated and Order of DRC 07 was issued
Then within how many days appeal can be filed against such order ?


P.Madhivadhanan
22 July 2024 at 18:12

Self paced edxam

I already cleared Final II group. i want to appear for forthcoming Nov 2024 exam for remaining Group I of final . I want to know what is the cu off date for finishing of set A Self paced exam and within what date I have to pass set A exam to enable me to attend Nov 2024 exam.


swamy
22 July 2024 at 17:46

PF WITHDRAWLS

IF EMPLOYEES CONTRIBUTION IS MORE THAN RS.250000/-AND DEPARTMENT DEDUCTING TDS ON WHICH AMOUNT AND HOW TO TREAT THIS IN OUR TAX RETURN?


jaya
22 July 2024 at 16:59

Dividend Income Taxable or exempted

Hi,

just wanted to know, for FY 23-24 the dividend income is taxable or tax free?





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query