Sir,

One of my friend is a BHMS doctor received income of Rs. 3,30,618/- from Medical college as salary or professional fees he did not know because the college did not issue form 16 then he asked what they treat that exp they told as salary. HE also doing part time his clinic earned approximate Rs. 70080/- and during the fY 2021-22 he also received agriculture income of Rs. 50000/-

Kindly suggest which ITR Return he can file and also treatment of Rs. 330618/- as salary or professional fees

Thanks & Regards

Hi, 

I was employed till 2020 and was filing ITR 1. Now I am a full-time entrepreneur and have income from my venture and interest income. I have not maintained books of Account so far.

1. Which ITR should I file from the current year onwards? ITR 3 or 4?

2. Should I maintain books of account from the Current year onwards? If Yes, then can I include all the previous assets (stridhan etc)? Will that  have any impact?

Request for a prompt response, since we are left with just 3 days for ITR Filing. 

Thanks.

Dear Sir/MADAM,

We want to convert Our LLP in to Private Limited Company .
As per LLP Agreements , We have transferred Losses for Previous 3 years To partners Fluctuating Capital .
But now We want To Transfer That Losses For Previous years To Reserve and Surplus from Partners Fluctuating Capital .

Can We give this Accounting Treatment Retrospective By Modifying LLP Agreement In Dated Fy 2021-22 ?

Request For Expert View Asap With Relevant Provisions For The same .

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Mr. X have a property in Lal Dora area, Delhi and wants to transfer this property (Building) to his wife. can he transfer the same property on General Power of Attorney, because if he transfers this thru registered paper so costing would be very high. Approx. 2-3 Lac would be charged by the authority.
So, my query is that General Power of Attorney will be the sufficient documents to transfer the property. Pls advice.

Hi,

i was trying to put Shares market figures (which is bought n sold in the same FY)

wanted to know what kind of shares comes under 15% and what comes under 30%)

Dear Sir,
Can we claim ITC on Purchase of misc. goods for Free distribution to our distributors?

Dear Sirs,
If we rise Residential unit invoice with rcm we have to pay the tax or we have to rise simple invoice with all details with narration with reverse charge applicable.
Thanks in advance,
K.B.Nagesha Rao.

Dear All,
The state jurisdiction was wrongly selected while taking GST registration. The error appeared after the GST approval. Can I rectify this mistake and change the state jurisdiction now?
please guide me in this matter,
Thnaks

A property in possession of 1997 of Rs. 49 L sold on Mar 22 at Rs. 51.50 L arising a LTCL of Rs. 5.60L ( as per indexation available). Assessee further bought another property in Mar 22 (same month after the date of sale) at Rs.66 L. How to show the property purchased in income tax return (as it is appearing in TIS of income tax authority) as there is no capital gain which is reinvested. Please advice. Thanks in advance