Hi Team, I have a query on carry forward losses. If someone has loss in FNO in FY2021-2022 and he has filed ITR3 with loss. But in 2022-2023 he has not done any fno trading only has capital gains .So, current year which ITR he should file to get the carry forward losses from previous FY. Whether carry forward losses will be shown in ITR1 and ITR2 also?

Dear Sir,

My friend has received Rs.3.85 Lakhs in Cheque (TDS) deducted, 3.10 Lakhs in cash

Shall he file ITR - 3 & show receipts in No account case, declaring Exp @ 40%.

Please advise

I selected wrong assessment year and minor head while paying self assessment tax challan for AY 23-24
I have submitted letter to AO for correction in challan 24-25 days ago but corrections have not yet been made
In this case ,I may receive demand notice, how to reply it?

I got arrear of Rs. 1,32,000 of previous two financial years (FY20-21& FY 21-22). Previous two financial years my income tax was nil. Now due to arrears my income increased to 10 lakhs. Though i filled form 10e but i am not getting any relief in tax under section 89a. What should be done to get tax relief due to arrears?

80U - Maximum deduction will be of 75,000

Even i have not entered it

I have tried all things with it i.e. added 0 in there, deleted it, even enter 75,000 and try to generate

It is not solving at all

Dear Experts.
I read Notification No. 31/2023/F. No. 200/3/2023-ITA-I issued by the Ministry of Finance on enhanced the exemption limit on leave encashment. There is an explanatory memorandum which is " It is hereby certified that no person is being adversely affected by giving retrospective effect to this notification". Is this sentence giving retrospective effect to all past tax payers to claim exemption?

WHILE FILING ITR-3 BELOW MENTION ERROR OCCURED. GIVE A SUGGENTION
" INCOME FROM PROFIT AND GAINS OF THE BUSINESS / PROFESSION IS GREATER THAN 2.5 LAKHS SO BALANCE SHEET NOT FILLED

Hi
I want to know what is the correct way to make a flight invoice . I am travel agent so i take the flights from b2b portal charge a certain handling charge on the same and resell .
For eg suppose flight cost is 5000 we charged handling fee of 250 and sold it at 5250 so how to make the bill . We need to apply 5% gst on 250 or 18%

E invoice is generated and bill is issued to vendor...but in vendors'2B our IRN no is not depicting what to do? Invoice is reflected but IRN no is not depicting there what to do so that they can get credit?

i am a CA with COP -- can i also be a research analyst for a share
broking firm as part time/consultant
thanks