Sir,
A doctor maintained a private nursing home some health services provided and different doctors working in hospital.
Example: fees collections from health services for different doctors rs:20 lacs after bill sanction amount nursing home bank account credited.
Question:
1.fees collections amount another doctors (consulting and treatment charges)payment through on cash mode allowed in it act.
2.food and pharmacy and travelling expenses amount of payment through on cash mode allowed in it act.

Dear Sir,

One of my client was filing return under Section 44ADA till FY 2019-20 but from FY 2020-21 she has boutique income which is eligible for section 44AD.

Can her return now be filed under Section 44AD or she needs to continue filing under 44ADA only since in 2020 return was filed as a professional.

Please suggest what can be done.

Regards,
Divyesh Jain

Assessee having HP Income and also does maintenance of said property for which separate amount is charged from Tenants. The expenditure on Maintenance is more than Income thus leading to overall loss which is being shown under head" Income from Other Sources" and the same is being set off against HP Income.
Assessee being senior Citizen received Interest on FDR of Rs.50000/-
Income from Other sources
Loss from Building Maintainence-300000
Interest on FDR-50000
Net Loss under the "Income from Other Sources-250000

Can He claim deduction against Interest on FDR u/s 80TTB after overall set off of rs.250000/- from HP income?

Dear Expert,

A individual who is having salary income get the profit from stocks trading , short term capital gain.. his sales turnover (stocks) Rs.25,00,000.00 and purchase turnover(stocks) Rs.24,00,000.00 .. can he show this turnover and profit Rs.1,00,000.00 as professional income.

Kindly confirm

Hello Sir,
We are Traders & Commission Agent at Agricultural Produce Market Committee (APMC) Yard Karnataka.

What will be HSN code for this type of business. There is no clear mentioned any were.

Please help me out that will be goo.

wrong address is coming in my 26AS. what is the procedure to update address ?

my wife with myself and daughetr major have booked a flat and paid 10% of agreed value at the time of booking . agreemnt to sell has not been done yet. pl let us know when do we have to pay GSt TDS and % of the same and how to pay the same .
also if we are not showing any % share in the property can i and my wife can make payment of interest and principal as per our convenience and claim benefit of the same in our It returns .
i am in new tax scheme can i change it to old scheme whiel filing it returns in case agreement go through before march 22 and emi on housing loan starts thanks in advance

thanks for the reply from expert . regarding income tax TDS pl advice % of Tds payable and can it be paid in one lot or only against each payment paid to builder.

From 2011 to 2019 TDS was deducted from my Father's salary. He never filed a return to claim the refund. This year while filling his first return it was seen that huge amount of TDS in 26AS but the CA who filed his return said that the Previous Year TDS cannot be claimed in case of salary. Is it true? Can I claim my Father's unclaimed TDS or its lost? Please help.

Dear Expert,

We are the service receiver from Landlords and paid rent on half yearly basis. The payment will be made once agreement received and will update the details in IND AS-116 tools to find ROU, etc.

Here we have received agreement and first payment done in the month of Sep'21 and the details has been updated in the Tools for the FY 21-22( From Feb'21 to Sep'21 ). we have not given any impact for the FY 20-21 but the auditor not agreed and instructed to make ROU& Other related entries for the FY 20-21. Please confirm is this right way.

My doubts.
After receiving agreement only, we will know the agreement start date, rent star date, etc. in this case we have received agreement & 1st payment done in the month of Sep'21 only. This is the reason we have not given any entry impact for this contract for the FY 20-21 ( Feb'21 & mar'21 ). Please confirm, is this mandatory to make the entry for the month of Feb'21 & Mar'21 periods ( ROU, etc ) or shell we make the entries in the FY 21-22.?

Dear sir,
we have sufficent cash ledger balance this month(nov21),but while try to set off such cash ledger balance not come automatically in gst portal. credit ledger balance automatically come and set off, but cash leder balance not reflect in set off area.still show
such amount al time. while checking cash ledger such amt is show in "tax head"
Please advise