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memon javed
20 July 2024 at 11:59

Revise Return after due date

Can we revise return after due date under old Tax Regime and New tax Regime Both ??


Jacob Abraham

Kindly advise whether TDS applies to brokerage paid on commodity trading in MCX. If yes, what is the limit and rate of deduction? which section is applicable on the same


Sarcastic Aloo
20 July 2024 at 09:32

Agricultural income related

Do we need to show profit on sale of rural agricultural land in ITR.
If yes, where/ under which section?
Thanks in anticipation...


Shobhit Jain
20 July 2024 at 07:14

Tax audit query FY 23-24

Client has a turnover of 1.25 crores (all transactions are digital).Whether he can opt for presumptive taxation without tax audit?


naresh
19 July 2024 at 22:55

Death of one of joint shareholder

if one joint shareholder dies, then surviving shreholder gets the ownership of shares, right?
my view--> its not fair to legal heirs of shareholder who died, but registrar of listed companies follow above rule
my q--> by which law, this rule is there? sebi or company law? which section?


P.SHANGAR

SIR, IN THE PRESENT CASE THE BUYER OF THE IMMOVEABLE PROPERTY PAID FULL AMOUNT OF SALES CONSIDERATION TO THE SELLER WITHOUT DEDUCTION OF TDS U/S 194 IA. TDS DUE IS RS.119000/-DURING JUNE,2023.
AT PRESENT THE SELLER OF THE PROPERTY HAS FILED THE INCOME TAX RETURN AND PAID THE CAPITAL GAINS TAX AND CESS RS.148536/-. WHETHER TAX PAID BY THE SELLER CAN SAFEGUARD THE BUYER FROM THE CONSEQUESNCES OF NON-DEDUCTION OF TAX . KINDLY GUIDE US THANK YOU SIR


Purva Patil

I am self-published author on Amazon. Kindly, guide me about What are GST and Income tax Implications for royalties earned through self published books both e-books and paperback books from Kindle Direct Publishing. If GST is applicable then when I should register for it? Is there any threshold limit for it?


sandeep

a person wants to start business so he can sell products through Flipkart or Amazon so voluntarily GST Registration or Selling through e commerce portal option shall be selected at the time of registration.????


Dipen
19 July 2024 at 17:43

ITR 4_Financial Position

Dear Experts,

In ITR 4 , filling financial position schedule is compulsory.

However only S. Crs, S drs , Inventories and Cash balance is mandatory. So if only these are filled and assets and liabilities do not match , then will it be ok? Will this be considered defective return?

Please advice

Regards,


Priyanka
19 July 2024 at 17:18

Opting in and out of old regime

hello
few of our clients are willing to opt old tax regime by filing form 10IE. they are having business income.
my question is whether they will get ONE TIME option in future to exit old regime and opt for NEW regime ?
or once old regime is opted in FY 23-24, option to choose NEW RIGIME is lost forever ?
Please guide







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