I am a freelance Photo editor, working for a ecommerce company. They deduct TDS u/s 194(C) from my payment.

Also I sold few mutual funds.

Now in ITR 3, Can I show my income u/s 44ADA with 14005 (Other IT-enabled services)? Or, can it be added u/s 44AD with 14010 (Other computation related services)?

Furniture Capital assets purchased in FY 2022-23 but not put to use in FY 2022-23.
My question is that whether furniture to show under Property plant and Equipment as fixed assets or Capital work in progress on 31st march.

capital assets in transit on 31st March,
when to book in books of accounts as per accounting standard.
date of invoice or date of receipt of capital assets.

whether GST Input can be claimed on Capital assets in transit on 31st March.

Hello , my client have a jewellery manufacturing and whole sale firm .
He issue job work to his huf unit .
HUF is unregistered job work unit .
HUF does job work out to multiple unregistered job workers .
HUF send invoices to the my client and he pays for it .
1. Delivery challan given to huf
Now huf unregistered gives delivery challan to Hufs job worker .
Is it mandatory to issue delivery challan by unregistered to another unregistered?
2. Principal have to track where huf gives job work ? Since its out of scope of principal where huf gives the job work not the principal right ?

Dears

could you please suggest SAP enduser and consultant level teaching institute

Dear Friends,

I shall be grateful if you can share your opinion on the GST liability of a A Pvt Ltd company which sold a used car recently. The company is not registered in GST as there is no turnover in the company. The facts are as follows:

Car was originally purchased in 2012 for Rs 7.50 lacs app, Sold in Nov, 2023.
Sale Consideration amount Rs 2.50 Lacs.
WDV of the car on 31/03/2023 as per last audited balance sheet.

1) As per Companies Act,2013 : Rs 37108
2)As per Income Tax Act : Rs 1.26 lacs

Profit and loss on sale of car
1) As per companies Act- Profit-- 2.13 lacs
2) As per IT Act- Profit-- Rs 1.24 lacs

My queries are :
1)Is the company liable to pay GST on sale of car and at what rate.
(At present the company does not have GST number)

2)If there is any tax applicable in case of sale of company car please inform.

Please give valuable advice in the above matter.

Thanks & regards
N Kadam

how to claim long term capital loss if holding period more than two years

My query is that how can we claim the deduction (for example as deduction claimed u/s 80P of the Income Tax act, 1961 by the societies providing credit facilities to its members) in respect of excess of income over expenditure in a union of bank employees claiming exemption u/s 10E.

However, I want to bring one thing to your notice that the assessee is a Union of members (who are bank employees) which has been established for the welfare of the members & for managing all the expenses related with administration of Union. The total of income side of assessee has been taken by making total of all the donations, subscription & interest on investments held by union (i.e. deposits etc.).

Dear Sirs - please let me know - (1) Is TDS is deductible on interest part , if loan is taken from financial institutions and paid on EMI basis for car, term loan for machinery.... (2) Similarly Is TDS is deductible on interest part , if loan is taken from *Government / Private Banks* and paid on EMI basis for car, term loan for machinery... Kind Regards