Jyothsna

Sir/Madam,
Can u plz tell me whether any subsidy received from State Govt by farmers is taxable in the hands of farmers? If yes,under which section and which head?


D K KHARBANDA

Dear Expert,
During FY 2018-19, my daughter ( MCA qualified ) had earned monthly cash income from private tuition to the students. She is also having interest income on FD from bank on which TDS was deducted by bank. Earlier, she was filing ITR-1 as there was no income from tuition in previous years. Please give your valuable opinion on the following:
1) Which form of ITR should she use for filing Return for AY 2019-20 ?
2) In case of ITR-4, in which code, she may show her tuition income.
3) In case of ITR-4, she may show her tuition income in 44 AD or 44 ADA, please specify code.
Thanks,
D K Kharbanda


Mohd Nasruddin
09 July 2019 at 17:33

Switch from income tax return

Hi Expert,
This is a request , i filed income tax return last year for the financial year 2017-2018 first time. I have filed one time but i want to do not file in this year for the financial year 2018-2019. That, may i leave in this year. will it raise notice from income tax department on my PAN Card number regarding not filed ITR for the year 2018-2019. And I aware to you, i filed income tax return last year Nill tax paid. i show the income below 250000. please help me in this case.

I will highly thankful to you.


Avinash Jeevan Dsouza
09 July 2019 at 14:29

Commission from insurance company

commission received from insurance company as agent, where do we need to show the same in ITR?


Munisami
09 July 2019 at 12:10

Sales of land

We have a clarification on sale of Land in GST, where we can shown sale of land in GSTR1 and what is the HSN code for Sale of Land


Mahesh Sakharkar
09 July 2019 at 12:01

Filling of itr form

Dear Sir/Madam
I have running a small business which last year (FY 2018-19) sales turnover is Rs.30 lac. For AY 2018-19 I was filed form ITR 3 with all schedules and details.But I was not maintain the business books of accounts.
My total turnover is below 1.5 cr. so, can you tell me which form I select to file return for AY 2019-20.(ITR-3/ ITR-4)
1. ITR-03 with all details of Incom & Exps. as per last AY 2018-19.
2.ITR-03 with P&L line items no 61 to 64 & BS line Item no 6 form NO Account Case
3. ITR-04 for presumptive income shown
Also advice for requirement of audit of my accounts books.
Thnaks
Mahesh S


Padmaja CA

My Client deposit paid Tds challan online with wrong A/Y, I want to correct it from traces login from request for voltas challan correction ,date of deposit 06.07.2019 , but when I am trying to correct challan following details are displayed




No data available for the specified search criteria.


BSR Code* 0331906 Date Of Deposit * 06-Jul-2019 Challan Serial Number* 02743 Challan Amount (Rs. )*230000.00


I have entered correct details but ... already 4 days gone in 7 days limit

Kindly Help Me


Sanjeet
09 July 2019 at 10:26

Reverse charges


Respected Sir,

(1) FY 2018-19 We have got services from transporter. but yet not show Reserve Charges in books now please guide to me how can i show the value in the portal.
(2) after payment where i can show value for ITC Claming
(3) Portal Show Cash balance Rs.25400/- Can we pay RCM payment via Cash ledger.
Please advise to me.
Thank you


Lalit Bhambhani
09 July 2019 at 10:11

Ppf deduction u/s 80c

If Father & Son have Joint bank account(first holder is father) and from that a/c cheque is issued for deposit in PPF A/c (PPF a/c of SON). Whether Son can claim deduction U/s 80C while filing IT Return?


Sandeep Jain


Sir,

in the month of March 2018 RCM is payble Rs.32400/-

Paid Rs.32800/- on dt. 05.05.2018

Now Electronic Cash balance Shows Rs.400/-

How to adjust Rs.400/-in the books of account

Can we Show Electronic Cash Balance 400/- Dr. ( Current Assets )

Or any method Please answer





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