Dipen
04 June 2025 at 13:33

Shares trading_Income tax

Dear experts,

If turnover from sale of shares crosses 10 cr in a financial year , then will tax audit bre required?

Also income to be shown as capital gains or business income?

Nature of transaction is delivery based with contract value of 10 lakhs (approx) each resulting in total turnover exceeding 10 cr

Please advice

Regards,


Pooja Mehta
04 June 2025 at 13:19

HSN Code- Standup Comedian

What is the HSN code for service provided in nature of Standup Comedian


Suresh S. Tejwani

Amendment in book profit calculation under section 40(b) applicable in Financial year 2024-25 of from Financial year 2025-26 ?


caarjun garg
04 June 2025 at 12:08

Unable to file form 35

Respected Sir/ Madam.
We are facing issue whilee fillig form 35 ( CIT Appeal ) . In the Basic information profile a continuous errror is being displayed i.e "Please click on My Profile in the note given below to update your contact details with all mandatory fields." however the same is already updated.
Due to which we are unable to file form 35.


Krishgopi V G
04 June 2025 at 11:51

Tax on agricultural land sale

A person from tamilnadu bought rural agriculture land in 1994. he want to sell it now 2025. if he sells what are the taxes he must pay


Kunjan

this is a strange case of i having applied for rectification of cit(a) order to cit(a) as cit(A) has mixed up figures with some other case with him in his original cit(a) order.

my q--> can we appeal to tribunal when rectification applied at cit(a) is still pending by cit(A) ?

my view--> yes, as rectification is pending by cit(a) since 1+ year and demand is being pressed.


T.N.Reddypro badge
04 June 2025 at 11:15

Tax appellate Orders

Sir, Any tribunal order, be it Service tax, exicse or customes, /where and how do know as to whether till today that order holds good, I mean, not overuled by higher courts/Higher Courts decisions


Keyur
04 June 2025 at 10:55

Requirement of CA certificate

Sir/Madam

Can anyone guide me any CA Certificate is required for FNO transaction made during the fy 24-25 for filling of income tax return.

Profit is taxable under the head Speculative business income??

Thanks


Venkateshwarlu Pulluri

Good evening sir/s,
is RCM to be paid on freight payment by Rice Millers whose inward and outward supply goods are exempted under GST


shinu

Sir,

whether valuation of shares mandatory for private placement?if yes who need to be done the valuation?Also provide the format of valuation certificate