I HAVE FILED ITR 4 FOR A.Y. 2015-16 AND ITR 3 FOR A.Y. 2016-17 FOR HAVING LOSS FROM PROPERTY DEVELOPMENT BUSINESS. IN BOTH ITR I HAVE SELECTED THE OPTION "NO" FOR STATUS "Whether liable to maintain accounts as per section 44AA" AND FOR THE STATUS "Whether liable for audit under section 44AB". BUT I GAVE BS AND PL DETAILS (regular books of accounts are maintained) TO SHOW THE LOSS. NOW MY QUESTION IS CAN I FILE ITR 3 UNDER SECTION 44AD BY SHOWING REGULAR BOOKS OF ACCOUNTS MAINTAIN?

Pls Explain the steps to file income tax return for a existing Pvt. Ltd. Company.

1.Pls explain the steps to file income tax return as a first time individual (Pan Number available)

Dear Sir

I purchase a Flat on May'2011 at a cost of Rs.35.00 lacs which is completely under Construction and got the possession on 07.02.2015 after making the Final Payment to the Builder on 01.02.2015.

Please note that, I also made the payment for Annual Maintenance of Rs. 2000/- every year to the Flat Owners Association for the said Flat.

On 09.07.2018 I sold the Flat amounting Rs.45.00 lacs ( Market Value has been decided to Rs.53.00 lacs on which the Buyer paid the Stamp Duty and Registration fees as applicable.) and handover the Flat to the buyer.

Should I Consider the Year of Possession i.e. 07.02.2015 as Indexed Cost of Purchase for Compute theTax Liability on Capital Gain ??

Your valued advice help me out to deposit the Tax in time, if any .

Sir i am a CA Student i completed my Article ship and doing as a employee from 2 years, I want to do my own professional life .
Is it possible to do ?.
even it possible how can i proceed what is the process for get Tax practitioner & GST Practitioner

sir

after entering and validating all details , i pressed save xml [itr-2] . it saved and gave a path but while uploading the same file it says XML sceme is invalid. pl upload in correct scheme. It says te value of Ver. 1.0 of element ITR form .sceme is invalid. The JAVA of ITR-2 form is also not opening. Pl help me.

kamala

sir

after entering and validating all details , i pressed save xml [itr-2] . it saved and gave a path but while uploading the same file it says XML sceme is invalid. pl upload in correct scheme. It says te value of Ver. 1.0 of element ITR form .sceme is invalid. The JAVA of ITR-2 form is also not opening. Pl help me.

Dear Sir,

in case i have income from business profession and agriculture income,

can i use ITR - 3 with "No account Maintain" section provided in B.S. and P&L pages without filing entire details in B.S. and P&L in ITR - 3 ??

My file has gone for audit for ay 2018-19 and i am the proprietor of the firm.I have taken loan from a individual and given to some other person on interest.I have taken lian in my name.My auditor told me that i cannot give loan by taking loan.I have to pay penalty for violation of income tax loan laws.
What penalty will I have to pay now, Is it violation of income tax rules that loan cant be given by taking loan.
.

my return picked for limited scutni.with question" whether investment & income relating to securities txn are duly diclosed".i am senior citizen and filed return after gap of about 20 years.I shall be greately obilized to ca guiding me - naval