On 21-Jul-2018 - I have deposited my entire capital gain income of Rs.16 lakhs in Capital Gains Bank Account. It is also declared in my 2018-19 IT Returns.

On 19-Sep-2018 - I have withdrawn my entire capital gain of Rs.16 lakhs from Capital Gains Bank Account and used entire money and purchased a residential house for Rs.29 lakhs. I registered the house on 24-Sep-2018.

I want to know how to declare the above transaction in my 2019-20 IT Return?

Respected sir,
for example if we are engage in business of petroleum. we have monthly and yearly sales targets or purchase targets if we achieve that targets we receive certain income from company and it will directly credited to our bank. and generally it received on vat items( for example basis of that discount or reward was based on sale or purchase of petroleum(vat item). so my question is whether that reward received by us is taxable under gst and if yes what will be hsn code or what will be tax rate for the same.
Thank you in advance.

format for undertaking that there shall be no infringement to the proviso to the section 2(15) of the IT Act

my company registered as a regular dealer and concerned with the manufacturing of ayurvedic medicines.i have purchased an automatic pill 'packing machine of Rs.436600 from a regular dealer. Here ITC value is about 66600.in this context, can claim the input tax credit on the GST paid on purchases or not.

1) Does trust needs to mandatorily charge depreciation on their fixed asset..?

2) Does trust have option to do accounting as per cash basis or accrual basis..??

Hi
One of my friend is paid as a consultant and not a regular employee. He is being paid after deduction of TDS. every month. Under which section he has to show the income, under Sec 44AD or Sec 44ADA? Is Tax Audit is required? He is not maintaining any account. The payment is getting credited every month in his bank account which is the only source of Income.

Dear Experts.
Pls interpret the difference between exempt, Nil Rayed, Zero Rated supply.

Thanks
ASAP

for the Financial year 2018-19 ( assessment year 2019-20) , I have pension under EPS 95 for self and also one pension as dependent father after the expiry of my child.
for the Income tax purposes , what will be the treatment of both these pensions and what will be the deductions allowed?

Goel

Sir/Madam,
Can u plz tell me whether any subsidy received from State Govt by farmers is taxable in the hands of farmers? If yes,under which section and which head?

Dear Expert,
During FY 2018-19, my daughter ( MCA qualified ) had earned monthly cash income from private tuition to the students. She is also having interest income on FD from bank on which TDS was deducted by bank. Earlier, she was filing ITR-1 as there was no income from tuition in previous years. Please give your valuable opinion on the following:
1) Which form of ITR should she use for filing Return for AY 2019-20 ?
2) In case of ITR-4, in which code, she may show her tuition income.
3) In case of ITR-4, she may show her tuition income in 44 AD or 44 ADA, please specify code.
Thanks,
D K Kharbanda