Dear Experts,

Looking out for a little help. I am filing my Income Tax Return on my own using the ITR2 Java Utility provided by the Income Tax Department.

I am a NRI with Short Term Capital Gains (Equities and Mutual Fund)
As per ITR 2 (AY 2019-2020) there are two sections in Schedule CG
a) Section A) 2
b) Section 3

STT has been paid in all my capital gains transactions.

My Query

Am I supposed to fill my capital gains amount in both of these?
or
Am I supposed to fill my capital gains amount in Section A) 2?
or
Am I supposed to fill my capital gains amount in Section 3?

I work in Merchant Navy. In the new ITR 2 form of 2019. When we select NRI, there is two option. Which option should we use?1st option its asking Tax jurisdiction and TIN (we dont have TIN) Second option its asking days stayed in India previous year and days stayed in India for last 4 years(We dont come into this category of 60 days in India in that year and 365 days in India for last 4 years to claim NRI status as we always manage to stay outside India for more than 183 days every year.. My query is after selecting NRI option in the ITR2 : 1)can I chose option 1 and mention tax jurisdiction is INDIA and TIN as Not applicable. or 2)can I chose option 2 mentioning Indian citizen - days stayed in India for the financial year as 155 days(210 days outside India) and days stayed in India for last 4 years as Not applicable(Which is actually 600 days), or can i mention as it is as 155 days and 600 days respectively .Just for info,I have maintained my NRI status for last 10 years by staying out India for more than 183 days. Plz advise regarding which option to chose.Thanks

I work in Merchant Navy. In the new ITR 2 form of 2019. When we select NRI, there is two option. Which option should we use?1st option its asking Tax jurisdiction and TIN (we dont have TIN)
Second option its asking days stayed in India previous year and days stayed in India for last 4 years(We dont come into this category of 60 days in India in that year and 365 days in India for last 4 years to claim NRI status as we always manage to stay outside India for more than 183 days every year..
My query is after selecting NRI option in the ITR2 :
1)can I chose option 1 and mention tax jurisdiction is INDIA and TIN as Not applicable.
or
2)can I chose option 2 mentioning Indian citizen - days stayed in India for the financial year as 155 days(210 days outside India) and days stayed in India for last 4 years as Not applicable(Which is actually 600 days), or can i mention as it is as 155 days and 600 days respectively .Just for info,I have maintained my NRI status for last 10 years by staying out India for more than 183 days. Plz advise regarding which option to chose.Thanks

Dear sir one of my party sold the corrugated machine in the month of April 2019. I have filed the gstr1 & 3b returns. And upload the machinery invoice with 18% gst. Plzz tell me am i right or not. Thanks in advance

Hi All,

Request your suggestion for the following

In order to claim capital gain exemption u/s 54, assessee has purchased new property. However, by mistake, exemption for wrong property which was also eligible was taken. Later on this new property on which exemption has been claimed is sold in 2.5 years i.e before 3 years lock in period under section 54.
Suggestion required- Should the assessee rectify the earlier return and claim exemption for correct new house property or wait for any notice, if any received, post filing of income tax return showing details of sale of new property sold within 3 years.

Thanks in advance

sir,
Experts there is a invoice that is belongs to Telephone expenses of our One director personal home could i make data entry in our company if no why? if yes how could we these expenses and claim input of Telephone expenses.

I received certain amount after my retirement(PSU employee) and from that amount I made FD for 5 years in the name of my major son. Five years period is over . Now I want to take back that amount and want to make FD in the name of my wife. I want to know that whether this FD amount will be clubbed in my income or not

in our company claimed input tax credit on fixed asset as per internal auditor . but unfortunately wrong claimed depreciation on same fixed asset in as per income tax act . and filed income tax return . now what i do?
what is the clear provision for claim ITC and depreciation for fixed asset . how much limit for 1st year and 2nd year as per the GST??????

Dear All,
We have provided the commercial vehicles to various companies on monthly basis. however we are not having transport company....being individual all companies are deducting 1% TDS on payment. Pls let me know is GST applicable in this case whereas the receipt are above 50 Lacs. If yes whether we have to charge GST in invoice if yes how much percent and what would be it's HSN code......or does this service falls in the RCM..

Pls guide.....

Thanks
Karan

Dear Experts,

Please suggest we have paid Rs.11814/-Under Reverse Charges mechanism. How to pass the entry in busy ?

We shall be thankful to you for this.