birjesh
02 August 2018 at 19:29

File of income tax itr-3

Dear All,
I am an individual and having 2 separate business which are covered under presumptive taxation scheme U/s 44AD but can not file return ITR - 4 due to reason that, I have short term capital gain and dividend above 10 lac.
Under the above situation i can file only ITR -3. Can any expert advise me how to file ITR-3 for both the business incomes. Can i consolidate both the P&L account and balance sheets and consolidated figures be placed in the ITR-3.
If i avail the benefit of Section 44AD for both the business then how to incorporate figures in ITR - 3

Regards
Birjesh


Bharathi R
02 August 2018 at 19:20

Tax rate for hotel accommodation

Dear experts,
Thanks in advance.
One of my client charging RS. 1000/- per day for hotel accommodation, please clarify what tax rate he should change if billing for 6days @6000/- + GST?


Gopi Niranjan

Can I get tax benefit u/s 80D for the premium paid on ICICI Lombard "Personal Protect" plan? I had a chat with ICICI customer care she told me that no tax benefits on this plan. What does it mean? Can't I claim the premium amount paid u/s 80D?


rohit
02 August 2018 at 19:18

Itr ??

Which itr to be filled if for part year a doctor worked in a hospital and recieved salary and tds deducted there on in section 192And for part month recieves money in other hospital where he recieves money and tds deducted under section 194J ?


S. RAVICHANDRAN
02 August 2018 at 19:01

Gst

SIRS

BY CLERICAL MISTAKE WE HAVE MENTIONED A ELIGIBILE ITC AS Rs.3.01 LACS INSTEAD OF ACTUAL Rs.1.84 LACS WHILE FILING THE GSTR-3B TABLE NO.4 ELIGIBILE ITC FOR THE MONTH OF APRIL 2018. NOW THE MISTAKE WAS FOUND.

HENCE, I HEREBY REQUEST YOU TO KINDLY CLARIFY HOW TO RECTIFY THIS MISTAKE.

REGARDS
S. RAVICHANDRAN



Anonymous

Hi All

Can we pass a circular resolution for opening of Bank account ?


lavanya
02 August 2018 at 17:54

Ca final new syllabus vs old syllabus

My CA final first attempt is in may 2016. I only attempted group 2 in nov 2017. Due to unfavourable circumstances i could not appear for other attempts nor completed coaching of all 8 subjects. I only took coaching for isca and ama in group 2.

I took a long gap of more than a year. I want to start my preparation freshly. I want to attempt in nov 2019 attempt. Since I neither completed coaching of group1 nor qualified group2 I want shift to new syllabus??

1. If I shift to new syllabus whether my attempt will be regarded as first attempt?? Or my attempts will be counted since may 2016??

2. Which is more advantageous as of now in terms of pass %, difficulty levels , securing jobs. Please help me




Anonymous

Dear Sir,
Kindly let me Know if TDS is applicable on participation charges so that the TDS will be deducted u/s and How much.


Please do the needful.


sawan kumar
02 August 2018 at 17:23

Related to transporter income

A transporter provides bill to truck drivers (truck owners) on commission basis, some party cut TDS on transporter PAN. However transporter not received any fare and trucks are also not on his name.
Now when transporter going to file his ITR, TDS amount shows in his 26AS. Please suggest how to file transporter Income tax return.



Anonymous
02 August 2018 at 17:09

Gst-itc

GST Registered Buyer in Tamilnadu, took ITC on Purchases from other State in GSTR-3B. But while verifying GSTR-2B, there is no information regarding Sale by the Supplier. This happened during Financial Year 2017-18. How to reverse ITC taken by the buyer and pay the Tax now? Thanks in Advance.





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