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Prince Gupta
30 June 2024 at 02:22

Regarding Form ITR 1 and ITR2

Hi,


Please suggest which ITR should be filled.I have not sold any share , Mutual fund in last year.
Can I file ITR 1 ?


Rajnish Shukla
30 June 2024 at 00:58

HUF formation date

We got married in 2002. Me and my wife are now selling our joint property, acquired by some cash hand loan from parents and home loan on our name, in 2010. Now we want to create HUF and invest the capital gain by sale of this joint property, in new residential property under HUF. what shall be the date of creation of HUF. ??


kollipara sundaraiah

Sir,
Assessess cash Gift from brother rs:60,000/- and cash Gift from brother rs:40,000/- through on UPI mode dt:10-06-24
Question:
Assessess above Two gift transaction sec 56 (2) provision applicable.


Raja

Due to cyber fraud, I lost 8L.

FIR also logged but no update of money. Can I file loss during ITR. If yes where I can file this.


suresh s. tejwani

Whether sale of paper waste is covered under the definition of scrap and TCS would be applicable on same under section 206C?


Khushbu

Dear sir/ Mam,

A partnership firm having nature of business of trading in equity, mf, f&o, pms etc... as per it's partnership deed.
During fy 23-24 it has t/o as below:

Sale of shares - 3079153
F & O t/o - 28388
PMS Sale value- 3806757
Commodity t/o - 171454

Total t/o - 7085752.

Is tax audit applicable???

Kindly give your valuable suggestion as soon as possible....

Thank you.


HIRENKUMAR
29 June 2024 at 15:26

Section 10(16) KAHA DIKHAYE

itr-2 mai konasa shedule me section 10(16) hoga


Kunjan

FOR LONG TERM GAIN ON GOLD -->
DO WE HAVE TO DECLARE just THE AMOUNT OF long term GAIN
OR
WE HAVE TO DECLARE IN DETAIL in itr (i.e. GRAMS, DATE OF PURCHASE, cost of purchase, DATE OF SALE ETC? )

MY VIEW-->declare full details including grams
(script wise notification for grandfaher capital gain is only for shares not for gold)


Dhara

Hi All,

I am a salaried employee and generally file ITR-1. However, for AY 24-25 (FY 23-24), I have a one-time income for teaching as a visiting faculty in an MBA school filed under 194J(b), with a 10% tax deducted. Can I file returns this year under ITR-4 u/s 44ADA showing a 50% deduction for expenses? I read different viewpoints on this with some suggesting that visiting faculty gets covered under 44ADA, and in some places, a code for education was not covered under professions covered under 44ADA. Request to suggest the appropriate form as well as the section under which to file the ITR. Thanks in advance.


VAIBHAVI COMMUNICATIONS
29 June 2024 at 13:24

Under defective u/s 139(9) Notice

28 June 2024
Yesterday i am received reply for my subject of defective u/s139(9) you are given reply : You can file ITR 4, with the income u/s. 44AD, provided the business (having MINIMUM TO 1.31 Lakh)is eligible for presumptive assessment.

But as your reference i am to file the ITR4 for defective u/s 139(9) at the time of submission one massage is display that is Does tax audit is mandatory for a having receipts from contract (194c) Rs. 131000/-/- for the financial year 2023-24 please select ITR 3 or ITR 5 then file not possible to file ITR 4 : please give suggestion my issue and how to rectify the defective u/s 139(9) notice reply







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