Dear Sir/ Madam,

Please let me know how I can file PTRC return ?
Our's is LLP. form of organisation formed under GST Rule.

Also we did not had any staff for last 2 years and so PTRC return was not filed but PTEC return for LLP was timely filed.

Kindly advise.

Thanks & Regards,
Rachana

I made a payment of 120000/- for the material waste disposing to a party. I want to know whether GST or TDS applicable for the same?

Regards,

when capital assets sold how the indexed cost of acquisition to be accounted in balance sheet. Where to show the indexed cost in balance otherwise the amount of capital gain in balance sheet and amount in computation will not match.

Dear experts Please advise me in this regard. The total turnover of Partnership firm is around 60 Lakhs. My query is 1) As per the general rules Tax Audit is not applicable in case I am showing net profit 8% and above 2) The profit of 8% is on Total Turnover 3) The 8% of Profit is Includes partner's Remuneration or Not?

Thanks in advance.

What is the difference between significant transactions and non filing and high value transactions in e-campaign portal.

SIR- In case the Private Ltd Com. fails to pay its TDS payables due to insufficient fund, Can it file its ITR or Not?

Guide us plz
thanks in adv

Hi,

What is the GST %ge of works contract for work executed for Railway work -extension of existing Platforms, Temporary Goods shed &Good platform.

Client- Rail Infrastructure Development Company.

I have filed income tax ITR 02 for Ay 2020-21. My Income tax got successfully processed on 1 Jan 2021.
Yesterday I got the  notification from income tax regarding  e-Campaign High Value Transactions for Rs 77000.In this  notification they have mentioned 3 transactions related to "Interest paid by bank for saving account ". I have not declared this amount during ITR as this amount was not showing in 26-AS form.
Shall I need to resubmit ITR 2 for Ay 2020-21.

In form 26AS of A Y 20-21 there is an entry for TDS deducted u/s 194A
However we have not earned this income nor want to claim TDS.
This is a wrong entry appearing in our 26AS
Now for filing ITR 6 in Schedule TDS what treatment needs to be given ?

50% share of a residential property was gifted to wife by the husband. The deed specifically states that he has transferred 50% of his share as a gift to his wife. The property was subsequently sold.
(1) Will the LTCG be computed with respect to 50% share each in the hands of both
(2) LTCG is computed separately for each of their shares - can each of them claim exemption u/s54 in case new property purchased by them jointly
(3) Can each of them invest in capital gains scheme FD claim exemption
(4) There is a provision under Sec. 27 and sec 64 of cubbing of income how it will have impact on the above transaction.