I have sold the property on 30 Lacs in 2020 which one is purchased in 1994 at 1.5 lacs.now my Accountant Forgot to show property in 2019-20 p.y return.and E campaign show the 30 lacs sold value.
what to do next..
as of now i am unable to revise the return. so could i show this in 20-21 return???

Hi,

Came across this very interesting situation. A person was employed in Saudi Arabia from 1st April 2020 to 28 June 2020 (89 days) with a work visa and residency, and all. He continued to stay in Saudi Arabia until 10 Sep 2020 (~163 days), and then returned to India. After that, he left for Nepal, where he stayed for 15 days (through airport, so he has the stamps), followed by 15 days in Maldives in the same financial year.

Is he an NRI during FY 2020-21? Thanks!

Dear Sir,

For example,
I am a ltd company. i have deducted ESI from employees side rs. 2,250 and employer side of rs.9750 and i have deducted TDS from suppliers and employees totalling of rs. 50.000.

Please note that, When i file income tax return at end, can i take anything from the above mentioned as deduction from the income tax payable?


Please can you explain me briefly.

Dear Sir,
We request you to give advice that I have a client who has a business of proprietorship transport business. He bills to the big transport ( Ltd Co.) who does not pay GST to us.
Plz advice, how to file GSTR-3B and GSTR-1 as different people have different views and I am confused.
Your valuable advice will support us to much.
Regards

Dear Sir,

I received a query in which one person has filed his ITR without claiming TDS credit for FY 2019-20 as the tds credit was not given by his employer at the time of filing the return.

Now the employer has corrected his mistake and tds credit is reflecting.

How can this tds credit be claimed as revised return due date is already over on 31.03.2020.

Please help.

Regards,
Divyesh Jain

We invest rs.100.000 in open end mutual fund scheme, when we return back the amount?

can anyone answer me please?

Sir,
PLS CONFIRM ABOVE

Dear sir/ Madam
can employee claim deduction u/s 80CCD(1b) in respect of nps deducted from salary by the emloyer ( employee contribution)

Hi,

I am having GST registration under composition scheme.
Now since I have change my business to liquor sales which is a Non-gst supply and Excise duty and VAT is levied on it.
My query is can I show its turnover under current GST registration.

Please suggest:-
A person is rendering export of services in relation to software programming opted 44ADA and registered under GST also. Now, the person has been assigned a project to code for MAC (apple operating system) for which Apple laptop is purchased.
Query:- How to treat such purchase as the amount is to collected from the recipient of services. Whether such purchase of laptop will be professional income and can such asset be treated as Fixed Assets at the same time.
How to raise invoice in GST as to whether the amount of laptop be included along with regular monthly invoice of services rendered or no invoice shall be raised for laptop.