For the ay 2017-18, audit report 10 was filed by the auditor for my ngo but approval from ngo got missed. Now IT has Issued demand on gross receipts ignoring deductions u/s 11. Audit report uploaded but not appproved, how to rectify this to claim deduction u/s 11. Very urgent, pls guide

1.Is Presumptive Tax features under 44AD Scheme is applicable for Hoarding business.
2. For business of 13.5 lakh business maintain the books of accounts is mandatory
3.For a proprietorship firm filing of Income Tax self and proprietorship is required..?

Can we declare Rental income under Income tax excluding GST amount (since GST is indirect tax it is not part of income) or Should we consider entire rent including GST amount?

For a professional covered under 44ADA, gross receipts are 7,50,000.

So will offer 3,75,000 under 44ada...

Books of accounts under 44AA will be: No
Tax audit: No

So if were are filling " balance sheet and pnl no accounts case f", is there a chance to receive notice for not maintaining books of accounts as income crosses Rs. 1,20,000...

Kindly advice...

Whether trans-1 credit can be taken now in Annual Return 9 or guide further to avail Credit not taken.

Which ITR can be filed for the following case:Person is resident of India having income from following two sources:1. Salary2. Professional Consultancy fees (as Freelancer) from foreign. Also can section 44ADA be applied on the above mentioned case?

Dear Experts,

Our proprietorship firm has a turnover of Rs. 1.45 Cr. for the period from July-17 to March-17.
But 1.67 Cr. in F.Y. 2017-18.

Should we show HSN Code wise summary of Sales & Purchase in GSTR-9 or we are exempt to show.

Please advise.

ITC_04_Offline_v2.2 we have mention our july ot sep_18 quater mention in mfg to jwb one challan 139 dt 01.09.2019 but we have show in jwb to mfg becasue this challan is received in Next quarter Oct to dec_18 in we have mention ITC_04_Offline_v2.3 in Chllan received in Table 5A [ Portal not updating this challan received )

I'm working in a company which is a subsidiary of foreign company. There are five directors in the company out of which two are working and three are not working. These three directors does not receive any salary or remuneration from the Indian company .They come to India only for attending meeting etc. Please suggest whether we are required to obtain PAN card of these three directors also.

If a person X has a proprietorship firm named Ram Constructions which is registered under GST and same person(X) is a Director in a company named Shayam Pvt. Ltd. which is also registered under GST.And if Ram Constructions issue invoice to Shyam Pvt. Ltd. then Shayam Pvt. Ltd. must have to deposit GST under RCM because they are going to make payment indirectly to their director and every payment made to a director of the company is liable under RCM on amount paid.My concern is whether proprietorship firm will charge GST on invoice raise or not because it is register under GST.