sai
07 July 2023 at 23:42

Intraday loss & Leave encashment

Greetings !

1. I have intraday loss & when I try to enter it in speculative business in ITR 3, it was not taking negative sign. How to enter negative sign ?
2. My brother worked in his ex company from 2018 to mid of 2022 & received leave encashment of Rs. 5 lacs after resignation. Is the amount taxable ?
If it is taxable, is that taxed already as salary or we have to pay while filing and what is the process ?

Kindly clarify.


Jaswinder singh

Respected Sir/Madam
if any urban agriculture land acquired by Govt and thereafter in place of acquired land, alloted residential and commercial properties as per letter of intent (LOI) without monetary compensation, then in this case whether cost of property currently owned by assessee is considered @ which has mentioned on LOI by Govt?? we considered cost of property in Assets and Liab. Schedule of ITR

Plz provide your valuable feedback........


shanker

My self Priyanka Masand,
I cleared my CA Intermediate exams on May 23 but my articleship was over in the month of Feb 23.

My question is, am I eligible for CA final exams on Nov 23?


Poonam Dwivedi
07 July 2023 at 23:03

School Trust ITR filing

We have created a trust and a school run under the trust. We want to file ITR for last financial year.
Please guide me regarding the process.
Is there need for GST number or registration in Income tax department. Please guide me regarding the same.


gauri agrawal
07 July 2023 at 21:49

Appeal in income tax for form 35

Respected experts please guide on this.
A intimation was received whereby CPC gave tds benefits of only 5 lakh as against 10 lakh appearing in 26AS a rectification was also filed but in vain now want to appeal against rectification order so in appeal filing detail of form 35 under the point is appeal related to assessment shall be filled or not. Kindly provide guidance.


sachin Alwadhi

Hi

One of client (retired person)withdraw 75% fund in 2020 under superannuation annuity plan and now getting superannuation pension for fy 2022-23 ay 2023-24 .Whether this superannuation pension is taxable or exempt in hands of client ? under which conditions we can claim exemption or deduction for superannuation fund pension for retired person?


A Kar
07 July 2023 at 21:06

Asset liability declaration in ITR4

Hello,

Every year I fill ITR 4 for presumptive basis of taxation for FNO trading. This year I saw that they have introduced a new compulsory section for assets and liabilities declaration for reporting purposes.

What can I fill for assets when I have some money in the brokerage account and remaining blocked as margin for FNO trading?


sachin Alwadhi

Hi

One client registered their partnership firm last year but not started any business or business with very minimum output but got pan card under partnership business name.kindly suggest while filing itr 5 for fy 2022-23 ay 2023-24 with zero turnover and zero profit whether partnership firm need to do tax audit for zero turnover or not.Just filing of itr 5 with zero value is sufficient to do compliance only.


ABHISHEK DUBEY

if this intimation is there for refund what to do
Your Return for A.Y. 2023-24 has been processed. There is no payment due.


Bhushan Kalbavi
07 July 2023 at 19:48

Relating to Group 2 Inter Unit 10

Hai Team
I had written 2nd group inter exam under unit 10 scheme and had exemption in Paper 8 FM and Economics by writing unit 10. In my May 2023 attempt I got exemption in Paper 5 Advance Accounting.
Can I claim exemption on Paper 5 Advance Accounting for November 2023 exam?
Kindly clarify. Your clarification will be helpful.
Thank you.






CCI Pro



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