Easy Office
LCI Learning


Sanjeet
22 July 2022 at 13:44

Other Incme Title ITR-1

Dear Sir

I have Salary income and some other income i have mainted books of account in a private shop. so form ITR-1 income from other Source which title i have mention
Kindly suggest

any other Book keeping, or Accounting- Book keeping


Amandeep Singh
22 July 2022 at 13:37

Books of account Mendatory

Dear Sir

If turn over is Rs.700000/- and Net Profit Is Rs.225000/- its mandatory to mainted books of accounts.


kollipara sundaraiah

Sir,
It assessess(son) immovable property (vacant site)Gift from father value rs:1 crore +stamp duty value rs:3 lacs total rs:1,03,00,000/-in f.y.21-22.if stamp duty charges paid by son.
Question:
1.Assessess immovable property value rs:1 crore or including stamp duty correct value show in it returns.
2.assessee gift immovable property value show debited to capital account or assessee block(balance sheet) show in books and it returns.


Surinder
22 July 2022 at 13:16

ITR-1 Filing 2022-23

Dear Sir/Madam,


Please suggest Suppose Mr.X salary income is. Rs.287000/- Full time Rs.207000/- and part time is Rs.70000/-So during filing ITR (1) he mention Gross Salary income 17(1) Rs.287000/- is Correct or Wrong. (2) he mention to need the name of the organization where is works full time and part time because portal have no option. (3) he has saving interest from 3 Banks but how can bifurcation bank wise in portal have no option found so mention Total interest of three banks. (4) Interest from FD also have 3 bank how Can bifucration bank wise so mention Total FD interest or note (5) he has some income from Maintained books of account in a Shop so where he can Show
Kindly suggest to me.


Tiya Srivastava
22 July 2022 at 12:26

Ugc net related

As per latest notifications of ugc in 2021 cs is equivalent to post graduate for ugc net but is graduation with first class is required or only cs is fine


Manchi Sarapu Sridhar

Dear members. Capital gain from sale of agricultural land invested into 'purchase of new residential property' is exempted. If exempted under which section of capital gains. Please anybody clarify.


Ashish Kumar Pandey

TDS Rate Applicable-194C Or 194J

Hiring an ad agency for Product branding, packing design development, design logo and web development and promotion in ecommerce site charges paid to ad agency.


Hemkumar
22 July 2022 at 11:53

GST ON LEASING OF AGRI LAND

WE HAVE GIVEN AGRI LAND ON SUB LEASE TO ONE COMPANY, WHTHER LEASE RENT RECEIVED BY US IS TAXABLE ?? (LAND IS NOT OWNED BY US )


ANOOP V.P
22 July 2022 at 11:35

SEC 44 AD Applicability

For a new business whether it is mandatory to opt Sec 44AD ?

say in first year it have loss, whether it want to pay tax @6% or 8% ?


neeru

Dear sir

I am a retired housewife. I get monthly annuity pension from LIC (i had taken Jeevan Shree policy about 25 years back) . I also get monthly pension from EPFO office. Total pension is about Rs. 90000 per annum. In which schedule i fill it up in ITR2. If i fill in Salary schedule it automatically gives standard deduction of Rs 50000/-.

Does this pension applicable for standard deduction.

Moreover i have also received About 15 lacs on maturity of another LIC policy. Which is tax free.
Do i need to show it in ITR (Which schedule).

Thanks and best regards to all experts for helping us in old age.







Answer Query