An India Company provides professional services to USA based co. in USD, the POS is in India (Remotely) no physical Establishment in India of the recipient.

how should it be transacted-
1) Export of Services under LUT without payment of taxes - in the absence of registered establishment of recipient in India.
or
2) Export of Services - under IGST in USD.

Suppose I have salary, short/long term capital gains and intra day profits as income and the intra day profits are over 8 percent of my Intraday TurnOver (which is less than 2 crores). Since Intraday profits are part of speculative business, I need to file ITR 3. So ,
1.Am I eligible for Section 44AD?
2. If I am eligible then I dont need to keep books and no need to be audited. Am I right?
3. Suppose in the next year, I dont engage in intraday trading, so now my income is only from salary and short/long term capital gains and hence my business income is zero.Now should I file ITR 3 again since I applied for Section 44AD in the previous year? Or can I file ITR 2 since I have no business income?

error in validating
Business code u/s 44AD is to be selected for income declared u/s 44AD.
please help

Respected Experts,

An Information Technology Service Providers are having CGST & SGST input credit in March 2022 the total of which is about Rs.70,000/-. As they were not not having outward supplies the input was lying without claiming. Also they didn't know that the due date to claim is 30th November of the subsequent year. The said Input got reflected in GSTR-2B of April 2022. Now they are having outward services. Can they claim the pending Input in their current year dues. As the Input reflection was in April 2022 GSTR-2B, can they take it granted as the time limit for claim is 30.11.2023. Thanks

Respected Sir

We had paid TDS as on 13-09-22 for the financial year 21-22 which is still on Traces Portal as excess credit refund of which is to be claimed. Please let me know what is the procedure for claiming refund of the said amount.
PLEASE GUIDE ME AND OBLIGE.

Respected Experts,
We have paid Custom Duty on 24th May-23 against BOE dtd. 23rd May-23, but material received in 5th June-23. Can we claim ITC of IGST part in May-23 or we have to claim the same in June-23 as the material received in June-2023.

Kindly suggest & how to deal with this issue.

THE AUTO GENERATED DETAILS OF PAN/DIN OF AUTHORISED SIGNATORY FOR SIGNING THE FORM AGILE PRO IS NOT APPEARING IN THE FORM. IS THERE ANY REASON FOR THE ISSUE IN V3 LOGIN OF MCA PORTAL ?.

Hello,

Whether HUF's Income without any child in HUF Family is clubbed in the hands of Karta?

on 31st March 23 Goods was in Transit ,
My question is that how to book entry of Goods in transit , when Goods received .
And GST Input when to take .

Hi,

I have been filing ITR 4 since last 4-5 years as getting income under 194J/194JB.
In this year, my 26AS is having entries under 194JB and a minor (Rs.840 income) entry under 194D.

Can I still use ITR4 as I feel that is most related and I am comfortable with ?
If yes, where should I show this 194D income ?

Thanks for reading and replying.
Amit