Respected Sir
Temple committee has a pan under as a AOP ,They received a SFT ( INCOME TAX ) against received retail donation ( Chadava )Rs.15.00 lakh during the FY 2018-19. The committee is not registered under 12A
I want to ask that which ITR form will be applicable either ITR-Form 5 or 7
and how to file ITR
Pl. help me
commission earned by mobile phone recharge distributor, income can be consider US 44AD ? last year AY 2019-20 ITR filled return under 44AD
turnover below Rs. 6 lac profit around Rs 2.30 lac this year
please guide
A gst registered regular scheme dealer notice received gstr3 A from gst department gstr3b return for July-2020.
Question:
Dealer gstr3b July-2020 filed and reply compulsory.
Sir,
I am a businessman ,filling my ITR U/S 44AD 6% or 8% of my total gross receipt
my total receipt- 4800000 (approx)
Income as per 8%- 384000 /-
But my question tds has been deducted from my parties about rs 10000 @1% on 1000000 rs u/s-194c
can i claim for refund as because upto 5 lacks income is exempt in A.Y-2020-21
please help
Sir,
I am a businessman ,filling my ITR U/S 44AD 6% or 8% of my total gross receipt
my total receipt- 4800000 (approx)
Income as per 8%- 384000 /-
But my question tds has been deducted from my parties about rs 10000 @1% on 1000000 rs u/s-194c
can i claim for refund as because upto 5 lacks income is exempt in A.Y-2020-21
please help
whether tax audit is applicable or not --->
44ad limit of 8% / 6% has to be compared with profit after remuenration and interest or before charging remuneration / interest?
i understand, it should be after remuneration / interest, that profit is to be compard with 8/6% of turnover.
another query===> if 44ad was applicable for asst.1920 but audit was made u/s. 44ab, i understand 5 years i have to get the books audted.
regards, ca kunjan, 9222 9222 92, mumbai
What would be the GST implications on the below case plz clarify
A Person is registered under GST as building Contractor. during this year his turnover under this business is NIl. How ever he received commission of Rs. 18 lacks from sale of plots of land etc., He has not registered under GST for commission business. Is this commission received covered under GST. does he need to pay GST on commission even though he is not registered this business under GST.
Dear Experts,
I have taken plot loan for purchase of residential plot. I paid Rs. 1.95 Lacs for interest component and Rs. 0.85 Lacs for Principal repayment during FY 2019-20.
I will start the construction on the plot in FY 2020-21
Can i take deduction against the plot loan in FY 2019-20:
a. Principal repaid u/s 80C.
b. Interest on plot loan u/s 24(b) - taking limit of Rs. 2,00,000.
Hello,
I have filed RUN application. MCA has send names for resubmission. Reason mentioned was - "Proposed name is recommended for approval subject to liability under section 447/448 & 16 of the Companies Act 2013."
Can someone help with this ? What exactly is to be done ?
Thank you
What are benefit of surrender of PAN after death of individual PAN holder ?
If not surrendered, any obligations ?
One should not get in touch with department suo moto because they will do scrutiny if we surrender PAN and what department can do, no one knows !!!!
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