I want to prepare Capital A/c of sole proprietor. Kindly tell all possible content of Debit side and Credit Side of Capital A/c of Sole Proprietor. Can i add interest credited on saving or current bank account to credit side of Capital A/c? Also please tell if i Debit following items to Debit side of Capital A/c: Premium on Insurance, Tution Fee, Mutual Fund, PPF etc.? Thanks in advance.

I purchased an under - construction flat with bank loan last year July 2018. The flat is just complete by May 2019, still vacant and not yet rented till now.
In the income tax return for FY 2018-19 (AY 2019-20), I have indicated the flat as "Deemed let-out" property and specified the interest amount paid for the loan during the FY also.
In this case, if I specify gross rent letable, it affecting the "Income chargeable under the head House Property". In fact, the flat has not at all been rented till now and is vacant as mentioned earlier. Please suggest what do I do?

Respected Sir

Ay 19-20 whether professional charges are 100% exempted from TDS Deduction ?

Please guide me and oblige.

What is turnover for the purpose of Sec.44AD in case of speculative transaction? Is the turnover meaning same as referred to in identifying applicability of Tax Audit u/s 44AB i.e aggregate of positive and negative differences?

In ITR 2 where should capital gains from selling of vested RSUs be declared? Will they be considered capital gains even if they are sold after 2 years of vesting?

While Filling ITR 4 under Section 44AD Can we claim Depreciation as expense or we have to move to capital ledger?

A Pvt Ltd company has not started any business from date of its incorporation. Since then no income tax return has been filed by the company.

whether i can directly file the form STK-2 or i have to inform to income tax department before closing of my company?

Hi

How should i calculate the Capital Gain for the property sold in 2019 and purchased in 1998, how should i do indexing of the same

my aunt have purchased house in 1998 for 750000/- and sold in 2019 for 1900000/-

Sir/madam,
An assessee salaried class owns 2 house properties in F.Y 2018-19 and financed from bank both the properties, one of them was self occupied and another is still vacant...my question is interest component in installment on house properties has paid exceeding 2 lakhs each property.... now whether assessee claims both the interest component u/s 24(b) for both the properties in ITR of A.Y 2019-20.... plz guide ......

My Father has sold property. but part of the consideration had been received in my saving account. whether i have to treat as unsecured loan from father or treat as gift from father. no such gift deed was made during that time??? plz suggest ..