Sir,
one of my relative have income from share trading during 21-22.
his income from share trading is below
short term gain 1,14,754.75
Loss from speculation (11658.00)
he also income salary 4,50,000 after standard deduction.
Please advise
1. how to calculate tax on share trading
2.which ITR FORM is use in this case.
Please advise
Respected sir,
gst officer visited our shop and ask for purchase list and sales register from 2017-2018 till date.
can he do this and will he issue assessment order as per gst law?
Mr X is running coaching institute his turnover is 7 lakh p.a. but he not charging any Gst as he is unregistered person.All payment will be recived in bank account.
Now he is planning to start online clothing business (in addition to current business) and take GSTN for doing clothing business.
Now he is doing a turnover of Rs 12lac by selling clothes.
So as he is now registered under gst what will his tax liability?
On Rs 12 lac only or
On 19lac (on total turnover from registered and unregistered business i.e 12+7)
Dear Experts,
An amount of 3 lakhs received as gift by cheque from father. Do I need to report it in ITR2.
Thanks in advance
During the year i have an amount of 1 lakh short term gain from my equity trading. While filing income tax return is it possible to claim expenses such as brokerage,SST, other charges against these income?
Dear sir,
One of my relative have income from salary and profit form share .
During 21-22 salary 5 lakhs and income from from share trading is 1 Lakhs.
He also make payment for LIC also
my doubt is
1.which ITR Form is used .
2 Tax rate for share.
Please advise
Sir
Please advise the tax rebate on Commercial Property(Shop) if purchase the shop on Loan from Bank.
Thanks
Dharam Pal
9810600330
I was struggling with this problem the whole of two days. Thanks to you I downloaded the version 1.1.12 and was able to upload the return
I have been trying to reset Password of income-tax e-filing of one my nabour but unfortunately OTP is not coming on his mobile, mobile no registered at income-tax is not active, The person is not so educated hence video version for DSC is also not possible.
Is there any other way to reset password?
Hello,
- widow is receiving pension of Rs. 2500 p.m. is it to be shown under income from other sources ? is it exempt ?
- widow is receiving rent of Rs. 20,000 p.m. from the property which she is also residing ? it is to be shown under income from house property ? (widow is also doing boutique business in this property )
Income tax on share trading