Hi, I have income from consultancy (Professional Engineering consultancy), equity delivery and intraday. What I thought was to declare my professional income under 44ada in presumptive income (in no account case section in itr 3) and intraday (not a income but a loss to carry forward to next years) as my business income accordingly in p&l statement. But to be safe as this was my first year with stocks investment/trading, i appointed a ca, who provided my professional consultancy income as Business(sales of services) and intraday losses as short term capital losses. What am i missing ? or was i wrong ? Kindly help if possible in order to understand this. Thanks in advance.

A private limited company took agricultural land on lease basis for conducting agricultural operations. The company sells the produce in the market and earns income through it. Will this income be treated as tax free income in the hands of the company.

Hi,

I had secured exemption in SFM paper with 62 marks in Nov'17 and appeared for May'18 exams with remaining 3 subjects of group I. Now in May'18, I obtained 67 Marks in FR paper but couldn't clear the group. Please clarify that Is there any procedure to surrender the SFM marks of Nov'17 attempt and availing of FR marks of May'18 attempt.

Can I do so after giving an application to ICAI?

Thanks

Dear sir,

Can we take GST inputax credit on employee insurance.

Dear Sir/ Madam,
A NGO which is registered under section 12AA but receiving fees from participants Rs 100 each to attend a personality development training. Whether GST is applicable on the fees received. If yes, whether the exemption limit on turnover of Rs 20,00,000 will be taken into consideration.

The following error showing while filing Incometax Return Form ITR3

**Parsing Error** Line:2187 URI:file:/E:/Unais&Co/Income%20Tax/MANOJKUMAR/MANOJKUMAR%20XML.xml Message:cvc-complex-type.2.4.b: The content of element 'ITRForm:TDSonOthThanSal' is not complete. One of '{'http://incometaxindiaefiling.gov.in/master':AmtCarriedFwd}' is expected.

Please solve this error

Hi Experts
We providing Cleaning services for various states in contract basis and we hiring employees in local states only, but Invoice raised from Head office bangalore with IGST . But we don't have any establishments other states . If needs to get multiple GSTIN on all the states or One single registration is enough .

Thank you

Dear Sir,

Our Pvt Ltd company closed & Company Audit Over & now IT Return & ROC return filed for FY 2017-18.

Now my query is after closing the company the How to pay the Auditors Fees relating to Audit for FY 2017-18.
No provision made for Audit in Books of Accounts in FY 2017-18.
Now the Auditors asking for Audit Fees & Bill on name of company/ director.
Who can make the payment of audit fees.

Please advise me on above matter.

Thanks & Regards
NK

We are pvt Ltd Company. We purchased Luxury car (BMW) in name of our company. We paid Insurance for car. Now question are - Is we get ITC for car purchase, Insurance premium or Car maintenance?
2nd question is, If my company sell the car (BMW) what is the procedure in point of GST regim ?

Hi,

Whether GSTR2 Portal is working from JULY 2017 to till date.

or else only view Option is available.

Pls guide.

Regards,
Deepa