Sir
I filed updated return on 27th March 2024 for AY2023-2024. Also I filed revised return on 10 Dec 2023 which was processed by CPC. If updated return becomesinvalid then my revised return filed on 10th Dec 2023 will be valid or not. If it is valid Should Revised return will be considered as final order
1) can I show insurance commission income in profit and loss account in itr-3 with All expenses?
2) There are showing by auto reflected the insurance commission income in other sources table in itr-3 . can i remove the commission income from other sources table and give the insurance commission amount in profit and loss table in itr-3?
3) can i liable for maintain accounts as per section 44AA if ,insurance commission (with all expenses)add in profit loss account in itr-3 ?
In march 2022 GST was omitted to be levied on income. In july 2023 GST was paid in cash ledger...in March 2024 reported in GSTR3B and cash ledger balance adjusted but not reported in GSTR1 in FY 23-24
My question is GST was paid duly reported in GSTR3B in FY 23-24 but not reported in GSTR1 whether supposed to be reported in GSTR1 for 1st qtr of FY 24-25?
if the capital gain is below Rs 1 lacs , Why is it getting adjusted in BFLA Amount is adjusted with previous year capital losses. There are capital losses carried forward of previous years being reflected in CFL. This amount is adjusted after clicking on compu set off . Please guide
Dear experts,
In AY 2023-24, assessee had only professional income hence we had filed his ITR under 44ADA. But this Year In 2024-25 assessee has f&o Loss along with professional income.
However in f&o loss, filling balance sheet is mandatory, considering the f&o loss, pls let me know how to show his professional income in ITR-3.
Thanks
Sir,
Assessess compensation received from govt for demolished a part of commercial building under road extension purpose
Question:
Assessess received amount tax applicable in it act
GADI RENT INCOME 194IA ME TDS KATA HE KIS HEAD ME INCOME SHOW KARE
Sir
I filed updated return on 27th Mar 2024 for AY2023-2024. If updated return becomesinvalid then last revised return processed by CPC will be valid or not. If not Can I file another updated return if it becomes invalid Thanks
Dear Sir,
One of my Assesses purchased Immovable Property. He is a Salaried Employee which ITR shall I File and is it mandatory to mention purchase of Immovable Property while ITR Filing. If yes then where shall I mention purchase of Immovable Property, kindly advice.
Warm Regards,
Aditya
One of my client filed GSTR-3B returns for the year 2018-19 belatedly by one year due the financial crisis. In these circumstances the proper officer issued SCN mentioned the ITC was wrong availment. Pay the ITC with interest and penalty. Please let me know the any case judgement in favour of the client. Please clarify
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If updated return becomes invalid then revised return will be valid ornot