I know one person, he is a gold loan appraisal in bank, his last years receipts 23lacs, at the time of filing of IT returns in July he came to know that he exceeds limit of 20lacs ,so he has to take GST registration ,now what is the process of relating to GST registration and process of payment on excess 3lacs of last year receipts and this year April to June receipts if he take GST registration now. he didn't collect GST on April to June receipts.

Dear Sir,
I want to know the answer of the following question.
Is it mandatory for NRIs to file income tax return in India?
Now the income is only from the interest of the savings account and there is no other source of income. He is now a US citizen. He has uploaded the return for the last ten years as NRI Status.

Please respond to the above.

Thanks & Regards
NK

One person had some income from Arrears Gratuity and Arrears of pension commutation from his Employer and consequentially included his income portion but we know gratuity and pension is exempt income. Can I exclude that very income from his Total Income shown in AIS PORTAL . I waited yours valuable opinions within in short period.
Tushar Kanti Bhattacharya

the property where i conduct my business is owned by a certain person X which is leased by Y and Y leased it to me as a working space
the electricity bill has X's name and there are 2 rent agreements one with X and Y and the other between me and Y
what document should i use as an address proof for gst registration

Hi,

can we depreciate spare assets?

Thank you
pervez

Respected Sir,

One of my client - Enrolled as an Advocate in Bar Council during last year.

He also runs a Software Consultancy and operating a Total T.O of Rs. 50L during previous year

Also he has Commission Income - TDS Deducted U/s 194H of Income Tax Act 1961.


I request your Advise on How to prepare Financials and File Income Tax for him

Ques 1: Can I declare his Software Consulting T.O of 50L under 44AD and declare 6 % / 8%

Ques 2: Also can i show Commission Income (TDS Deducted U/s 194H) in 44AD and declare 6% / 8%

Ques 3: What will be the Complication of Filing Business ITR for Advocates

Kindly advise

Dear Sir,
Interest earned on maturity of National saving certificate is taxable or not..? and also interest earned on PPF & FD is taxable or not.. Please guide me with relevant section.


Thanks & Regards,
Bheema Reddy.

while doing merchant export transaction, is it mandatory. to give intimation to GST department for each transaction.

Hello Sir,

I am paying   ₹ 35,000 PM out of which ₹ 2500 is being paid to the housing society as maintenance amount and the remaining ₹ 32,500 as rent to owner. The owner is not ready to sign rent receipt for   ₹ 35,000 since owner is not collecting the maintenance amount. How do I proceed on this to claim my HRA ?

Sir
I submitted the two different e-verified 10E form for Ay 2023-24 but I still not submitted the Itr for the same, Now which is the 10E considered as right one?
With regards
Dharmendra K. Kewalramani