Sir,
A gst registered composite scheme pharmacy store business dealer purchase of medicines different tax rates (12 or 18 or 5 percent) goods.but sales of medicines value applicable on normal rate or MRP rate in gst act.

My son has only interest income on his NRO account from which TDS has been deducted. No other income in INDIA. He is settled abroad and paying income tax over there.

NRO Interest income is only about Rs. 5000/-

NRE interest income is tax free about Rs 3000/-
Can I file return on his behalf as he has given me PW to do the same.
which ITR No. to file.
Showing in return that I have filed on his behalf
or teach him new portal.
thanks in advance

He is not able to understand complex new portal.

WE HAVE TRANSPORT COMPANY AND FILLING DIESEL IN OWN TRUCK MY TURNOVER IS EXCEES 10 CR AND ALSO FILLING DIESEL IN YEAR ABOVE 50 LAKH I AM NOT PURCHASE OR SALE DIESEL WE DEBIT IN DIESEL EXPENSES PLEASE TELL ME I AM LIABLE TO DEDUCT TDS UNDER SECTION 206 OR ELSE

we have transport company and deduct 5% tds 206AB deposit tax under nature of payment 194C NO NATURE OF PAYMENT IN ONLINE PAYMENT 206AB SO WE HAVE DEPOSIT TAX IN 194C IT IS RIGHT OR WRONG

I have following queries regarding gst liability of social media and oidar services

1. If a GST registered person uses social media platforms like Instagram post, Facebook etc to generate customers traffic for a business outside India & these social media platforms are used without consideration (free of cost), then does registered person need to pay gst? If yes, what will be the value of supply?
2. Similarly, If a GST registered person uses OIDAR services from outside India, for a business outside India and these OIDAR services are provided without consideration (free of cost), then does registered person need to pay gst? If yes, what will be the value of supply?

Respected Sir,
Need your kind advise to submit ITR-3 of my client for the F.Y. 2020-21 relevant to the A.Y.2021-22. He has got STCG of Rs. 5382/- and LTCG of Rs. 9322/- (both from equity share), and STCL of Rs. 5223/- and LTCG of Rs.6830/- (both from equity oriented mutual fund). Since head of loss and gain differs, can I deduct STCL amounts of M/F from LTCG amount of M/F? Since I am new for filing return of income, I do not the episode for which excuse me for trouble caused.

Kindly send your valuable reply.

Regards,

TARAK KUMAR ROY
150/1/1, Banerjee Para Road
P.O. Naihati-743165
Dist. 24-Parganas (N)
West Bengal

Sir,
It assess source of income details mentioned below
1.income from hospital rs:20 lacs
2.income from clinic rs:10 lacs
3.sales turnover from pharmacy rs:5 lacs
Question:
Assess sec 44ada it return filing eligible or not eligible in it act.

Sir I have intraday trading in equity shares during the financial year 2020-21. At the time of filing ITR 3, which code to be selected in nature of business activity.

Kindly guide
(A) What will be GST rate of Modak (offered to Ganeshji)?
1) Dry Modak which we normally purchase from shops
2) Fried Modak
3) Modak made of Rice flour & filled with wet mixture of jaggery and coconut & then steamed

(B) Also, kindly guide about appropriate HSN

Hello,

My father expired recently. He was still a employee in SAIL. As a nominee, my mother received money accumulated in PF, Gratuity etc (around 50Lacs).
1. Can I use the money received by my mother to invest in MF, Stocks, gold etc, from my broker account?
2. What are the taxes that will be applicable if I invest the amount?
3. Or, is it better to open broker account for mother, and invest through it, in terms of taxation?

I work as IT professional with income of 5Lac.

Regards and Thanks
Pramod