SIR,
interest income from fixed deposit and savings bank account income amounts treatment in books capital account transferred or profit and loss account transferred below two options.
1. It assess non business person.
2. it assess business person.

Dear Sir,

I earn a rental income from Commercial House property and business income as contract income.
Can I book any expenses with regards to income earned from house property like monthly maintenance expenses or any other to reduce the Taxable income from rent.

Please help me in this matter.

Regards,
Divyesh Jain

I got Defective notice u/s 139(9) for A.Y.2020-21. I want to rectify it but Prefilled data file not downloaded for A.Y.2020-21. So pl. guide me for procedure for return file u/s 139(9)

We are receiving Notices about discrepancies by I T Deptt For AY 2020-21 Some of Discrepancies
are as under
1. Interest on FDR not Credited in PL A/c while it has been taken in Capital A/c of Assessee and taken under Income From Other Sources Capital Account has already been attached with Audited Balance Sheet
2. Interest on PPF Account not credited in PL Account while it is claimed as exempted and taken under Capital Account as well
How I can submit Response

We sold Goods to a party ex delivery by eway bill but now after delivery party is Denying delivery and receipt of Goods? What should We do now?How should We deal with the party?

Dear all Experts, Please clarify me, In sale of property, If both buyer and seller are NRIs and property in India what are the tax implications to be followed.

Dear Sir ,
A person received Gratuity amount more then exemption limit of payment under gratuity act 1972 i.e 15 days of every year ,
company has paid 20 days per year gratuity
can excess amount over and above the exemption we claim relief us 89 (1) .

Sir,
A gst registered regular scheme jewellery business dealer
1.dealer purchase of jewellery from urd persons RCM applicable
2.dealer purchase of jewellery from urd dealer RCM applicable
3.dealer old jewellery received from urd person rs:30,000/- after polished and repairs rs:2000/- and some jewellery value rs:10,000/- added .dealer billing tax rate 3 or 18 percent gst applicable

Dear Sir ,
A person received VRS amount more then exemption limit of Rs 5 Lakh u/s 10(10C) , can excess amount over and above 5 lakh we claim relief us 89 (1) .
is both the exemption is allowed ?
or can claim either 10 (10 C) or 89 (1)?

Dear Sir,

I have have a commercial house property on which TDS get deducted at 10% per month. My yearly taxable income is around 9 lacs per annum as per Income tax return. I have income from Business showing profits U/s 44AD, House property and other sources.

Can I apply for lower tds deduction certificate.

Regards,
Divyesh Jain