share your views - 3B- negative sales IGST reporting to get credits in case, if IGST goods returns are more than sales resulting into negative IGST , we are advised that 3B does not allow -ve input for sales igst so how we overcome this situation and report and take due credits in 3B

Hello

What is the Income Tax code for a free Lance journalist? Also can the Income be computed u/s 44ADA?

Thank you

Dear Team
can i take ITC on Stage event (for business promotion ) fabrication work ..
pl suggest

We have given the whole plant and machinery on Rent/Lease. There are Rental Income from the tenant/lesee as against which we are claiming depreciation, employee salary, telephone and fax charges. Mobile charges, Municipal Taxes, and GST in our books of account. In such situation we have treated rental income as business income. Net Profit arrives as at Rs 63,63,445 out of Gross Rental Income of Rs 64,80,000 @ 98.20%. Instead of showing Nett Profit @ 98.20% in ITR-5 whether we can file the said return right in ITR-5 but under section 44-AD while declaring therein 6% Nett Profit because al the transactions are through cheque only. This way we will save tax liability on 96.20% Nett Profit. Whether in such case can we take the benefit of 44-AD ?

what do I fill in the jurisdiction column of ITR 2 for FY2018-19. I am an NRI. I live in Sharjah(Dubai).
Its says invalid entry, when I try to fill the column with UAE or United Arab Emirates.

Sir,
Can we claim Pre EMI Interest u/s 24(b) fully ?

Do RCM provisions currently attracts on Rent paid under GST ?

Please share the list of expenses on which RCM in currently applicable.

one of my brother have only insurance agent commission and have TDS for AY 2019-20. Which ITR form I need to file for current year.

Dear Sir,

I have income under head contractor income and salary as well.
Please advise which one ITR form to be filled and how to treat my income in ITR.
Please advise asap.

We have given the whole plant and machinery on Rent/Lease. There are Rental Income from the tenant/lesee as against which we are claiming depreciation, employee salary, telephone and fax charges. Mobile charges, Municipal Taxes, and GST in our books of account. In such situation we have treated rental income as business income. Net Profit arrives as at Rs 63,63445 out of Gross Rental Income of Rs 64,80,000. Can we file the IT Return u/s 44-AD. 6% of 64,80,000 will arrive as at Rs 3,88,800.