sir
what is STCG and LTCG in PVT LTD corporate? what is benefits if we transfer our portfolio from personal to corporate (pvt ltd)?

Sir, on Bank and Post office deposits, I used to show yearly interest accrued while filing my ITR. On maturity of theses deposits, entire interest is shown in AIS in a single year. Is there a remedy for this ?

Our organisation has accepted a Bank Guarantee from one of it's vendors in lieu of Security Deposit payable by the vendor to our organisation for work order related to services rendered to our organisation. Kindly let me know the accounting treatment and consequent disclosure in the financial statements. We are not a Company, it is an organisation exempt u/s. 10(23C)(iv) of the Income Tax Act, 1961.

Regards.

Dear Sir,

Please guide to me i have to start accounting work in a proprietorship ( Private Shop). Where i Check the books of accounts and found that he done Sale Rs.20 Lacs from UPI from Customers( under Sundry debtors) Means A person A, B,C,D came to shop scan the QR Code shop keeper made the entry in books of account Cr. UPI from Customer and Dr. Bank he done lots of entry in single ledger ( UPI from Customers) Can it Correct Process ?
I am also mainted the books of account in other Shop where Customer Came to Shop Scan the QR Code i have done the entry Cr. Customer,s Name account ( Sundry Debtors) and Dr. Bank. issue invoice to Customer if he want.
So in above which process is Correct Please advise Sir

Wrong person appointed as partner in llp .what to do now

Hello everyone,
A ltd, has purchased plants worth Rs.250000/- as part of planation activity.

Is there requirement to deduct tax at source ??

Dear Expert,
We are going to written off creditors payment (previous financial year 3 year back) from our books of accounts, if any GST reversal required

Hi Expert,
We registered under GST in Maharashtra, Procure material from all over India & store material in Hyderabad, in Transporter Warehouse & same dispatch when needed to all over India. We haven't registration in Hyderabad. We always bill from Maharashtra & while procurement always bill to Maharashtra only. What compliance we need to follow in this case ?? What question will arise while GST audit by authority ??

Which form is required to file IT return As per 26 AS following sections TDS Deducted
194S , 194 and 192

Please advise

I have a defect in Income details please help me with this which ITR should I file and what to do next ?

Error Description
You have filed your income-tax return in form ITR-1. As per TDS details in your Form 26AS, taxes have been deducted under sections 194IA/194IC/194M/194S/194C/194B/194BB/194BA, etc. of the Income-tax Act, 1961. These sections are reflected as (4IA/4IC/94M/94S/94C/94B/4BB/4BA) in Form 26AS. These sections imply heads of income for which form no. ITR-1 is not the appropriate form. Thus, the required schedules for reporting incomes pertaining to said TDS sections are not present in your return of income filed in form no. ITR-1.

Probable Resolution
You are being provided with an opportunity to make necessary corrections and file a return of income in the appropriate form so that income and taxes may be determined correctly in accordance with the Income-tax Act, 1961 duly disclosing the complete gross receipts/income reflecting in your form 26AS under the relevant schedules of the ITR. Please note that as per Rule 37BA of the Income-tax Rules, credit of TDS is allowable to the person in whose hands the income is assessable and in the year (AY) in which such income is assessable.