Is Tax Audit mandatory if I have business loss and other income apart from business is more than 10 lacs??

I have purchased add.account fast track course by sumit Sarda..but I don't get study material which has been used in videos.I get a copy of ICAI MODULES in link ...so please inform me that where I can get study material copy of Sumit Srada sir...

If Father purchase Property and he is the owner of property and Daughter is only Co-applicant for Home loan then what would be tax treatment in hands of daughter when property gets sold in future . is daughter gets tax benefit for repayment of loan and interest component .

Or Father can get benefit u/s sec 54 (Old property sold )for in case Property is in name of Daughter.

what is the meaning of PEVR and PAAO on iepf..?

Sir,
A gst registered jewellery business composite scheme dealer
1 purchase of old gold jewellery from urd persons after same any changes (repairs,polish etc) sales to customer
2.purhcases of old gold jewellery from urd persons some changes after sales to customer
Question:
Dealer above two options sales transaction gst applicable or not.

I like to know the process for claiming loss due to write off of the bonds/ shares/ debentures by the issuer under any scheme as approved by respective bodies
Live examples are Yes bank bonds written off by issers and DHFL shares unlisted due to recent scheme of take over, which now cannot be transferred also, as per restrictions imposed by NSDL
I like to know how and where this loss can be claimed in Income tax return of the holder?
Thanks a lot

I have 5 bunglows and i have recruited staff for maintaining the premises which includes housekeeping and gardening job. I pay them salary from my personal account. i want to know whether minimum wage act is applicable or not. (expenses incurred are in personal nature )

Thanks

Case : If Mr.x has 5 house property. out of which 4 are let out and 1 is self occupied. he gets rent for 4 house property.

Query : Now can he claim 2 house property as self occupied on notional basis for AY 2021-22?

GSTIN of my client cancelled by dept. in may 21(effected from 1-1-21) now revocation of gstin done on 14 july 2021.
We have some ITC for the month of april and may 2021. Now we are filling GSTR 3b, ITC available in 2B but ITC not shown column 4 and outward shown auto populated in column 3.1
please suggest how can take ITC

Company has export debtors and wish to avail Cash credit against security of export debtors. Company do not want foreign bill discounting. Is it possible.