CA Garima Bhayana
09 June 2020 at 11:05

ITR 4

If a person had equity shares in unlisted company in FY 18-19 and filled ITR3 but now these shares are sold in FY 19-20 . Can ITR 4 be filled in FY 19-20 as shares of unlisted co are sold?


Pragati Sharma
09 June 2020 at 10:41

MSME Registration_Urgent

Whether a trader can register itself under MSME Act - Udyog Aadhaar?
Will there be any legal implications if he register his Import Export business under service category.


swasti
09 June 2020 at 10:15

44AB

Mr. X has earned professional income and getting his accounts audited u/s 44AB for the first time for AY 2020-21.

He had taken unsecured loan long back in his personal capacity and not for business / profession and paying interest on which no TDS was deducted as was not falling u/s 44AB previously. Does he need to deduct tax on personal loan or not? Please guide.


dixa mathpal
09 June 2020 at 09:58

TDS error file

Can Any one plz help me with this. I have error while filling TDS return :-
Line No-3.
Record Type-Challan.
Statement Type-Regular.
Field Name-Total of Deposit Amount as per Challan/Transfer Voucher Number.
Challan Details Record Number-3.
Deductee/ Salary Detail No-NA
Error Code & Description-T-FV-3169 Sum of TDS/TCS-Interest Amount + TDS/TCS-Others(amount) + Fee Amount + Total Tax Deposit Amount as per deductee annexure is greater than Total of Deposit Amount as per 'Challan' / 'Transfer Voucher'.
I was already go through previous related query but still not resolved my errors can you help me out .... didn't find exact error....for TDS return quarter 4 2020.


dixa mathpal
09 June 2020 at 09:56

TDS error file

Can Any one plz help me with this. I have error while filling TDS return :- Line No-3. Record Type-Challan. Statement Type-Regular. Field Name-Total of Deposit Amount as per Challan/Transfer Voucher Number. Challan Details Record Number-3. Deductee/ Salary Detail No-NA Error Code & Description-T-FV-3169 Sum of TDS/TCS-Interest Amount + TDS/TCS-Others(amount) + Fee Amount + Total Tax Deposit Amount as per deductee annexure is greater than Total of Deposit Amount as per 'Challan' / 'Transfer Voucher'.
I was already go through previous related query but still not resolved my errors can you help me out .... didn't find exact error....for TDS return quarter 4 2020.


prakash kumar
08 June 2020 at 22:14

Strike Off

I have incorporated a company in the year 2016 , but business never could get started neither any other activity related to compliances or anything has been done.
I want to strike off the name of company from "Register of Companies" The status of company is "Active non compliant" what will be the procedure?


Shruti Gawhankar
08 June 2020 at 19:05

Revision of ITR for deduction amount

ITR 5 FY 2018-19.
the client had filed the return where the amount eligible for deduction nor reflected in XML. He filed rectification which is now denied. the error was in XML now can he revise the return for 80P deduction?
Please reply soon as 30 June is the last date for the revision of ITR FY 2018-19.


Santosh
08 June 2020 at 18:51

Carry forwarding of 2019-20 ITC

Can we carry forward FY 2019-20 remaining ITC to 2020-21...?
Do we need to make anything manually to bring it to next year or It will automatically takes place..?


Neeraj Sharma

An Advocate, who usually invest some of his savings in shares performs some intra-day trades only on 2 days in F.Y. 2019-20. My question is how will he treat his intra-day trading activity for the purpose of income tax:

1)Will intra-trading done on 2 days be a part of speculation business? If yes, then can he file his return under 44AD? What will be the turnover in case of speculation activity? Will shares purchase and sold during the year as an investment will also be part of the turnover?

2)Will it be right for the purpose of income tax if he shows his income from day trading as speculation business income and show shows short term capital gain on sale of shares he held as investments?


Simran Negi
08 June 2020 at 14:50

Sevice tax of delivery charge

Does service tax can be applied on delivery charges too.