SIR,
Sec 44ad it return filed jewellery business dealer invoice for cash sale limit and cash receipts limit from customers under it and gst act.

I am a salaried person with annual salary income of Rs. 10 lakhs. I had incurred short term (3 lacs) and long term (2 lacs) capital loss on shares in FY20. In FY21, I have made short term (1.5 lacs) and long term (1 lac) capital gain, however I had taken sabbatical leave in FY21 so my salary income for FY21 was nil. In this way, my total annual income for FY21 was only 2.5 lacs through short and long term capital gain. As my total income in FY21 is below than exemption limit, I don't want to setoff carried forward losses of 5 lacs incurred in FY20. Do I have this choice?

SIR IN PREVIOUS YEAR OUR COMPANY HAD LOSS BUT IN CURRENT YEAR DUE TO EXCHANGE DIFFERENCE THE PROFIT ARISES. SO TAX IS CHARGED AS PER MAT PROVISION. SIR I HAD QUERY THAT THE PROFIT IS NOT ACTUAL PROFIT THIS PROFIT IS DUE TO FLUCTUATION IN EXCHANGE DIFFERENCE SO THERE IS ANY PROVISION IN mat REGARDING THIS POINT THAT NO TAX IS CHARGED ON MAT

I AM LIC AGENT , IN F.Y 2020-21 I RECEIVED COMMISSION AMOUNT RS. 5,87,000. AND TDS DEDUCTED FOR THAT AMOUNT. I AM NOT MAINTAIN ANY BOOKS OF ACCOUNTS. WHICH ITR SHOULD I FILE?
LAST YEAR I FILED ITR 3, BUT DEPARTMENT SEND ME NOTICE REGARDING 139(9) DEFECTIVE RETURN, IN THAT NOTICE THEY WANTS PROFIT AND LOSS A/C AND BALANCESHEET. BUT I HAVE NO OFFICE AND NO CLAIMING ANY EXPENSES. COMMISSION RECEIVED DIRECTLY DEPOSIT INTO BANK. SO, I AM IN DELEMMA. WHETHER I FILED ITR 3. IT IS ATTRACT TO DEFECTIVE U/S 139(9) OR IF I NOT FILED IT LEAVED ME PENALTY OR INTEREST.
WHAT SHOULD I DO? PLEASE HELP.
I AM NOT YET MAINTAIN ANY BOOKS OF ACCOUNTS.

I have submitted the return of income for the A.Y. 2021-22 u/s 139(1) as well as u/s 139(5) on 15/06/2021 on behalf one of my clients. The said return has not yet been processed even long 3.5 months had already been passed. Can I submit return further u/s 139(5) of the said client? Regards, Tarak Kumar Roy

I have earned income for solving accounting subject doubts for a homework help company. TDS under 194J has been deducted. Please tell me the nature of business to be selected in ITR-4.

due to some negligence i've not submitted my form 103 for 1 year. now It asks for certain documents to be provided. it includes student work diary. but on SSP portal maximum file size is 1 MB. how to submit work diary for 1 year in 1MB file?

An unlisted public company has merged with other compnay due to which its capital has exceeded above 10 cr and it has auditor firm appointed since 10 years and now there tenure is going to end in 2022 . Can the rotation of auditor provisions apply from the current year 2021-22 or the roation of auditor is required after the expiry of his current tenure and can the same Auditor can be appointed after end of its tenure of 2022.

Dear Expert,
By mistakenly I took import credit of around 8 lac in wrong Column i.e Other than import column for the month of may-20,june-20 and July -20 in form GSTR-3B and I want to rectify this mistake of wrong head in sep 21 return.
Please suggest.
It's very urgent.

Daughter (earning member) and Mother (housewife) jointly own a property for which the loan repayment and rental income were managed by daughter. Now the loan is cleared and also the rent agreement is expiring. Now can the other joint owner (housewife) enter into rental agreement and collect the total rent? Tenant who is paying rent is in abroad and his parents are staying in the rental flat. He did not ask for any rent receipt and understand he is not showing to his company. If so what is the legal implication on the daughter who showed in her ITR about rental income and loan repayment till date.