SADASIVAN THEKKEY VEETIL

Is the new rules on capital gain tax announced on 23 Jul 2024 applicable to
property transfer made on or before 22 Jul 2024 but after 01 April 2024.


Kochi Articles
27 July 2024 at 13:41

Vehicle bought on EMI

Where will be the balance amount payable on vehicle purchased for EMI be shown in the financials of a company?


ARUN GUPTA

Will I get rebate in income tax return both under new and old regime? What is the exempted income both under new and old tax regime system? Pl clarify in details?


MAKARAND DAMLE
27 July 2024 at 13:17

Tax Audit Report 44AB of IT act

Assessee Partnership Firm having turnover of Rs.1.10 Cr
Their cash expenses or receipts do not exceed 5% to total expenses/turnover

My question is in this case tax audit u/s 44AB is applicable ?


Mikir Khona
27 July 2024 at 12:08

GST on Storgae Services

Case1:
One of our client is providing storage services where they specifically charges storage charges on basis of per container or weight of cargo to his clients on monthly or daily basis. So please clarify whether they have to charge IGST (in case service provider and service recipient registered in different state) or they have to charge CGST & SGST. Since storage facility provided without earmarked of nominated place/ area and does not grant right to use immovable property. Also please clarify the SAC in which invoice to be raised.

Case2:
They are also providing fixed space in warehouse to client and charges on basis of sq ft/sq mtr on monthly or daily basis so please clarify whether they can charge IGST (in case service provider and service recipient registered in different states) or they have to charge CGST & SGST. Also please clarify the SAC in which invoice to be raised.


Suresh S. Tejwani

IF ITR OF ANY ASSESSMENT YEAR IS ALREADY FILED BUT WRONGLY FILED SO CAN WE FILE ITR U OF SUCH ASSESSMENT YEAR BY RECFYING SUCH MISTAKES?


Rahul Singh

Sir
I filed original return for AY2024-2025 on 8th June 2024. I received adjustment notice under 143 IA disallowing deduction amount. I revised ITR without claiming the deduction which was claimed in original return. I received 143 intimation order for revised return. Should the revised ITR intimation order will be considered final order for AY2024-2025.


S Surean
27 July 2024 at 11:24

Presumptive Income and Capital Gain

Dear Sir,
I was filed ITR 4 previous FY 2022-23 for presumptive business income but current FY 2023-24 presumptive business income and STCG of shares now can i file in ITR 3 on the same presumptive basis ......


Sarcastic Aloo
27 July 2024 at 09:51

Self help group trust taxation

Which ITR form is applicable for a self-help group trust (they purchase agricultural produce from village farmers and sell it to the government)
and how to show income related to it


suresh kumar garg

Sir, I am a salaried employee and filed ITR1 Or ITR2 in previous years. In the F. Y. 23-24 having income from " Intra day trading" I have to file ITR-3, & opted out from new regime & got acknowledgement number & date. But now I want to file under new regime. So advise me can I do it. If not whether I have to apply for "opt in". I have not filed ITR date.