SIR,

WE HAVE SOLD SOME OLD MACHINERIES ON PAYMENT OF GST ON TRANSACTIONAL VALUE. NOW THE PROBLEM IS THAT IN THE ACCOUNTS A PROFIT[AS PER INVCOME TAX] IS SHOWING AGAINST THE ABOVE SALE. MY QUESTION IS WHETHER WE HAVE TO PAY GST ON THIS PROFIT ALSO.

PLEASE ADVISE.

REGARDS

Whether share trading profits of INR 1 LAC in STT paid and STT not paid all in listed stocks can be shown as business income in ITR. I m trading since 5 year's I m a trader.

Madam / Sir,

I have received inherited shares after my mother's death to my account. Say company 'A' which was purchased by my mother for Rs 160 per shares in 2019 and the same is at present trading around Rs 620. The same share is transferred to my demat account after the inheritance process. On the day it was transferred this share was trading at Rs 595. Now in my capital gain report generated by my broker platform it shows that Rs 620 - Rs 595 = Rs 25 per share capital gain whereas actual is Rs 620 - Rs 160 = Rs 460 per share. Thus, while filling ITR for FY 25-26 (AY 26-27) which figure is to be taken for calculating capital gain tax for myself.

Now in new scenario the shares of company ‘B’ purchased by my mother in 2020 @ 146 and the same was inherited and credited in my demat account. I have sold some of these shares in Dec 2025 @ 308. How much would be the capital gain for me for these shares of company ‘B’.

In another scenario shares purchased by my mother in 2021 @ 48 and now it is trading @ 22. If I sell it then what would be the tac scenario.

I request to explain me in detail all these scenarios tax implications for me for filling ITR of FY 26-26 (AY 26-27)

Thank you very much in advance.

Paresh Jani

Sir
which are expenses treat rcm in gst rule, please give this anser .

Sir,
Need the detail for TDS deduction on the luck and draw coupans- prize Car

What is the periodicity of MVAT Return filling from 2024-25 for Restaurant & Bar in Maharashtra
Regards

Dear Sir,

We received Labour Charge bill its attract RCM.
Please, advice.

Thanks

Hi CA club india experts,
i would like to know about my company is pvt ltd company and doing export business but i want to ask an question plus answer
one of my party giving me 10000USD dollar @80 rate on june 2024 and i have sell the container to my party final invoice 40000usd dollar @82 rate in September 2024 can i have to book the entry any foreign gain or loss entry in our books of account if partially advance received before selling the container if yes then in my mind confusion advance rate is locked system and no monetry item and we should not the bookd fx gain or loss entry in advance remittance m i ryt pls ela orate this issue as per law and
second scenerio is if remaining partial remmitance received in f.y. 2024-25 and balance remmitance received on after end of f.y. 24-25 then what we should have pass the fx gain or loss entry kindly suggest me for above two situation with real time example.
Thanks
Deepak

i was generate a invoice with eway bill, but after some days we have raise credit note due to some error and issue new tax invoice and same eway bill because material already delivered in previous invoice

My STT-unpaid STCG is INR.18427, and my STT-paid STCG is INR. 72000. LTCG is INR(-)23000. Can I show the entire STCG as business income?. I have been a trader for the last 4 years.

If no, then do I still need to pay the advance at 20% tax on 15th March 2026 for the STT paid STCG of INR.72000, as I made above INR .10000 gains in this last quarter due to the rise in silver and gold? I did not anticipate this gain, so I did not pay any advance tax for three quarters. last 3 years' gains were below INR.10000.
I have a small professional income of INR 25000 under sec 44ADA. Please Advice.
Your advice was very helpful in my last ITR filing. Thanks in Advance.