If my business income is more than Rs.2,50,000/- during AY 2018-19 and I have to declare my income U/S.44AD. Am I liable to maintain books of accounts and fill ITR 3 ?
Am I also required to fill Balance Sheet and Profit and Loss a/c in ITR 3 ?
There is a SALARIED individual who also done a small professional work in a firm.
The firm paid Rs 900 to the individual and deducted 10% tax u/s 194J.
This is reflected in form 26AS of the individual also.
Form 16A is issued by the deductor.
Which ITR needs to be filed?
Company got strike off by registrar of companies. And directors also disqualified under sec 164(2).
My que is what is remedies to active disqualified directors???
And impact on existing company on which director already disqualified..?
How to get way out of it ?
I HAVE FILED ITR 4 FOR A.Y. 2015-16 AND ITR 3 FOR A.Y. 2016-17 FOR HAVING LOSS FROM PROPERTY DEVELOPMENT BUSINESS. IN BOTH ITR I HAVE SELECTED THE OPTION "NO" FOR STATUS "Whether liable to maintain accounts as per section 44AA" AND FOR THE STATUS "Whether liable for audit under section 44AB". BUT I GAVE BS AND PL DETAILS (regular books of accounts are maintained) TO SHOW THE LOSS. NOW MY QUESTION IS CAN I FILE ITR 3 UNDER SECTION 44AD BY SHOWING REGULAR BOOKS OF ACCOUNTS MAINTAIN?
Pls Explain the steps to file income tax return for a existing Pvt. Ltd. Company.
1.Pls explain the steps to file income tax return as a first time individual (Pan Number available)
Dear Sir
I purchase a Flat on May'2011 at a cost of Rs.35.00 lacs which is completely under Construction and got the possession on 07.02.2015 after making the Final Payment to the Builder on 01.02.2015.
Please note that, I also made the payment for Annual Maintenance of Rs. 2000/- every year to the Flat Owners Association for the said Flat.
On 09.07.2018 I sold the Flat amounting Rs.45.00 lacs ( Market Value has been decided to Rs.53.00 lacs on which the Buyer paid the Stamp Duty and Registration fees as applicable.) and handover the Flat to the buyer.
Should I Consider the Year of Possession i.e. 07.02.2015 as Indexed Cost of Purchase for Compute theTax Liability on Capital Gain ??
Your valued advice help me out to deposit the Tax in time, if any .
Sir i am a CA Student i completed my Article ship and doing as a employee from 2 years, I want to do my own professional life .
Is it possible to do ?.
even it possible how can i proceed what is the process for get Tax practitioner & GST Practitioner
sir
after entering and validating all details , i pressed save xml [itr-2] . it saved and gave a path but while uploading the same file it says XML sceme is invalid. pl upload in correct scheme. It says te value of Ver. 1.0 of element ITR form .sceme is invalid. The JAVA of ITR-2 form is also not opening. Pl help me.
kamala
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards
Requirement of account books