This is the error
Defect:- Total Value of "Total Revenue from operations" and "Gross receipts"in P & L should be greater than or Equal to income u/s 44ADA in Schedule BP
Impact Income Tax Return may be treated as defective if assesse shows income under presumtive scheme basis without filing gross receipts or total sales fields in profit and loss account
Suggested resolution Please ensure that "Total Revenue from operations" and "Gross receipts" in P & L should be greater than or Equal to sum of income u/s 44ADA in Schedule BP
Have entered in P&L under sec 44ADA---Gross receipts -Rs 420937 and premuptive income u/s 44ADA as 399000. In schedule BP amounts are autopopulated.
Dont understand the error and resolution . Pls help
I'm composition dealer . I had migrated from VAT to composition scheme. Now I am served with a notice from excise department to deposit tax on closing stock as on 30 June 2017. Do I have to deposit tax?
I purchase a Land in 1954 of Rs. 840.00, Now I sale the land in 2019 of Rs. 4800000.00. How I calculate Capital Gain Tax.
Dear sirs,
We are calculating stock at cost or market price whichever low basis.
In this cost means what ?
Is it landing cost or what
How to calculate cost for inventory valuation
Sir my gst return FY 2017-18 showing mitch.i mean 3b is more than 2a also i field 3b rturn upto sep 2018 . please help with solution
Thanking you
I AM RUNNING A TRUST (THE MAIN PURPOSE OF TRUST IS EDUCATIONAL) AND WANT TO START SCHOOL UNDER TRUST WITH DIFFERENT NAME.
1) AM I HAVE TO AMEND THE TRUST FOR OPENING SCHOOL. OR ONLY I NEED TO PASS RESOLUTION AND GET CERTIFIED BY ALL MEMBERS?
2) I ALSO NEED EPF IN THE NAME OF SCHOOL. WHAT ARE THE PAPER REQUIRED IF SCHOOL IS OPEN UNDER TRUST?
Sir,
In challan wrong pan number was entered by our assessee, so that we received a notice from Income tax office. For that reason can any one give me the format of reply letter to Income tax office.
We are into producing power through Wind Turbine. Our question is whether Wind Turbine is Immovable or movable property according to GST law.
A COMPANY HAS TAKEN SECURED AND UNSECURED LOAN IN THE PERIOD OF 2017 to 2019 AND THE LOANS ARE REMAINING OUTSTANDING IN THE BOOKS OF COMPANY TILL 31.03.2019.
SO GUIDE ME IF THE COMPANY IS LIABLE TO FILE FORM DPT-3 , ONE TIME RETURN TO THE ROC WITHIN 29TH JUNE
Individual or Firm having total income from business for FY 2018-19 of Rs.3,00,000/- and not opted for presumptive scheme is they liable to Tax Audit u/s 44AB ?
LLP or Pvt Ltd Co. having total income from business for FY 2018-19 of Rs.2,75,000/- is they liable to Tax Audit u/s 44AB ?
Certification Course on GSTR-3B Reconciliation with GSTR-2B using AI Tools
Error in itr3 filling-