Respected Sir, i would like to know that , while calculating income of 44AE , gross vehicle weight would be taken in other than trailor, truck, Tractor, kindly guide how we will calculate gross vvehicle weight ?? as in RC book of goods vehicle only Laden and Unladen weight is mentioned, so we have to take total of both or only should take laden weight as gross weight , to determined heavy goods vehicle and income calculation perspect . plz guide us

1. WE HAVE RECEIVED 2 SHOPS IN VARSAI FROM OUR FATHER (LEASE HOLD 99 YEARS) @ RS. 15000.00, 50% IN EACH BROTHER'S A/C (7500 + 7500)

2. IN 2008 50% PART OF ONE BROTHER PURCHASE BY ANOTHER @ 200,000.00 FOR EACH SHOP

3. I HAVE PURCHASE ANOTHER SHOP ONE MONTH BEFORE SALE OF TWO SHOPS IN 2018 @ 1600,000.00

4. IN 2018 I SALE TWO SHOPS @ 3000,000.00, AT WHICH RATE SHOULD I COMPUTE LTCG (I.E. AT VARSAI TRANSFER RATE OR RATE AS PER REGISTRY DONE IN 2008)

5. CAN I GET LTCG BENEFIT FROM PURCHASE OF NEW SHOP AGAINST SALE OF TWO SHOPS

THANKS FOR YOUR REPLY IN ADVANCE

sir,i completed my graduation ,now want to do CA so i joined in a firm i filled my articleship form 103 in that i made a mistake of termination period i didn't mention in that form, can i edit the form again.
also can i terminate after one year from my articleship

DEAR SIR,

ONE OF MY CLIENT DOING LATHE MACHINE WORK MEANS METAL CUTTING, DRILLING, ETC. SO MY QUESTION IS CAN FILE INCOME TAX RETURN U/S 44ADA PROFESSIONAL INCOME OR INCOME FROM OTHERS SOURCES.

REGARDS

My uncle had invested Rs 100000/- in a LIC policy long back. He got Rs 70000/- on its maturity and afterwards Rs 3000/- are being paid monthly to him till his death. Whether this Rs 3000/- p.m. received by him is taxable in his hands or taxfree. Also if taxable, would he be eligible for standard deduction of Rs 40000/-.

Is there specifically mentioned for the taxability or exemption in any section of the Income Tax Act? Please suggest.

Dear Sir,

I am a service provider, which head mention our expenses in GSTR 9.

For Example : Our Sales (Service Charges) Rs.1000 with GST 180 total sales Rs.1180/- . we made a expenses Rs.600/- . which head we mention the expense Rs.600/- in GSTR-9.

please advise.

Dear Experts.
Pls clarify my following query:-
1) do we need to submit LUT once in year perior to export or it will be submitted on every export sale.
2) we have export the goods to Nepal under LUT without payment of IGST however the transportation of goods was done by road not ship & air hence we don't have shipping bill & port code thereof. But we want to claim the refund of unutilised credit of GST paid on purchase of raw materials. Pls let me know should I file RFD 01 form online do I need to produce the proof of export if yes In absence of shipping bill & port code what other documents we can produce as export proof.

Pls clarify....

Thanks In Advance
Karen Kumar

Kindly advise
Aggregate short term Equity Hybrid Loss. Rs27113
Long Term Equity Growth Gain Rs 31603
Long term Debt fund Gain Rs24949

Whether ST loss be offset against aggregate Equity LT Gain and Debt fund LT Gain
If so the non taxable LTCG limit of 1 lac applicable
What ITR FORM 1 or 2 to be filed
Thanks

Sir,

In a commission agent who sold the crops to purchaser on the behalf of farmers. Many times commission agent paid advance to farmers for their home need.
In a balance sheet Some farmers,s value show in credit and some farmers , value shows debit
For example Sohan Singh Dr. Rs. 50000
Mohan Singh Dr. Rs. 50000
In which group I have to show in both values Please advise

Dear sir,
my query is
we are filing tds return for 4th quarter 24Q. and we are gotten errors after processing of return and while filing the correction statement we are given original RRR NUMBER AND previous RRR number will be the same.and it is processed.
now we are filing the tds return for 1st quarter 2019-20. and we are given previous correction statement RRR number for 1st quarter.
unfortunately some mistakes we are again going to correction for 4th quarter 2018-19.
while filing the correction statement what is the original RRR number and Previous RRR number.
please reply me as soon as possible


thanks in advance
Regards,
Bheema Reddy.