Please guide me regarding Tax implications of Service Fee received by a IT service provider to a foreign client as service fess received in Tether (USDt) via wazirX.

ONE OF MY CLIENTS SHOW GST TURNOVER AS Rs.63,79,861. BUT HIS BANK STATEMENTS SHOWS THE TRANSACTION VALUE OF 1,12,43,519. WHETHER I DISCLOSE THE GST TURNOVER AS SALES OR BANK TRANSACTION VALUE?
IF I DISCLOSE THE GST TURNOVER AS SALES, IS THERE ANY QUERY REGARDING THE BANK TRANSACTION VALUE?
PLEASE GUIDE..

Sir ,
Mr A has booked flat in name of his mother under ongoing scheme . Flat registraion and stamp duty paid in 2018. Now A wish to avail housing loan . Housing company says if MR A name is added as second owner , they will not face any legal issue
. Sir what will be the cost of addition . Whether Mr A has to pay again the cost of stampduty and registration fee ? Is their concession in adding name of family members . Cost of project is 65 L and still date 30 L is paid ( including reg. Fee , stampduty , GST ) . Please guide which is chepeast and easy way of addition of name.

Our unit had a loss in 19-20 but profit in 17-18 and 18-19. So for CSR if we calculate based on average profit of 3 years there is profit and 2% of that amt was arrived at for CSR spend in 20-21.
Is the calculation and understanding correct . Kindly advise if in the immediately preceding financial year if there is a loss then should we decide not to do any CSR

Assessee has Short Term Capital Gain without indexation from Debt Oriented Fund
He also has Long Term Capital Loss on sale of shares
After filling details in ITR 2 it is setting off Short Term Capital Gain without indexation from Debt Oriented Fund against Long Term Capital Loss on sale of shares and balance loss is c/f to next year
My question is whether above loss adjustement is correct

My querry is mentioned below:

There has been change in the name of a private limited company on 11/05/2021 i.e. in FY 2021-2022.
Audit has not been done yet for FY 2020-2021. It is supposed to be completed in September 2021.
Question is that whether to prepare audit report & financials for FY 2020-2021 in new name or old name of company?

Dear Sir

Whether interest on self occupied property can be claimed by both husband and wife in joint loan cases, can any one please share caselaws if any

Jayam

An Unlisted Public Company has Nine Members as on date: Four Resident Indians, Three Indian Corporate Bodies and Two Foreign Corporate Bodies.

The Board is proposing to Issue Bonus Shares only to Resident Indians and Indian Corporate Bodies.

Can the Foreign Corporate Bodies waive the entitlement of Bonus Shares ?
What is the detailed procedure in this regard.

Hi,
My client is NRI and he has setup LLC as resident.
Now, he wants to update his status as NRI on MCA.
Should I file DIR 6 or DIR 3?
And Whose certification is required on his passport as address proof?

DEAR SIR,

ONE OF MY CLIENT HAVING GST NO FOR JEWELLERY SHOP. AND ALSO HE IS DOING GOLD APPRAISER WORK FOR BANKS. HIS TOTAL SALES IN GST NEARLY 20 LAKHS. HE IS CREDITED MORE THAN 6 LAKHS RS. FOR HIS SERVICES PROVIDING IN THE BANK AS GOLD APPRAISER. TDS DEDUCTED U/S 194JB. BEFORE THAT I AM FILING HIS INCOME TAX RETURNS U/S 44AB PRESUMPTIVE BASIS DECLARING MORE THAN 8% INCOME. NOW U/S 194 JB TDS DEDUCTED IN ANNUAL RECEIPTS FROM HIS APPRAISER SERVICES. NEARLY 6,38,766/-. HOW TO FILE HIS INCOME TAX RETURNS. BOTH DECLARING GST U/S 44AB AND PROFESSIONAL SERVICES U/S 44ADA. BECAUSE EXPENDITURE INCURRED FOR HIS PROFESSION HE IS DAILY TRAVELLING TO THE BANKS. BECAUSE IF DECLARED HIS PROFESSIONAL SERVICES INCOME AS A OTHER INCOME HE HAS LIABLE TO PAY INCOME TAXES HIS TOTAL TURNOVER FROM GST RETURNS NEARLY 2000000/- DECLARING 15% OF PROFIT U/S 44AB. CONSIDERING THE THIS SECTION AND INCOME FROM OTHER SOURCES. NEARLY MORE THAN 900000/- WILL COME. HE HAS PAY HUGE TAXES. NOW CAN I DECLARE APPRAISER INCOME U/S 44ADA 50% AND U/S 44AB 8%. THEN HE WILL GET REFUND AMOUNT.

CAN WE FILE INCOME TAX RETURNS IN THIS WAY PLEASE CLARIFY ME

NEED URGENCY

REGARDS THANKING YOU

RESPECTED EXPERTS