Dear Experts,

I left CA in 2017 due to some family emergencies. I passed by PCC & IPCE and have completed by ITT training at that time. I am rejoining the course under the new syllabus. I have a query am i required to complete the Advance ITT and other computer courses to give an attempt in Final New course in May-24.

Request you to please reply at earliest

I have completed my articleship for 1 year & 2 months in a CA Firm. Now I want to change the firm for my office timings issues & non availability of time for studying & attending CA Final Classes. How to proceed for termination and what reason should I need to give for termination & relevant proofs to be submitted in form 109?

Hello Experts!

A Very Senior Citizen wants to claim Deductions under section 80 DD, 80 DDB; filing ITR2 under old regime.
Does he have to upload (is there a provision in the return filing system) certificates / prescription, etc. at the time of filing / submitting the return or have to keep it ready in case it’s asked for later as he has approached the treating Doctors for their stamping but will take some time and due date is approaching.

Hello

Please clarify below my query
Financial year Return Filed under
2017-18 44AD- presumptive Scheme
2018-19 44AD- presumptive Scheme
2019-20 44AD- presumptive Scheme
2020-21 Audit -44AB(e)- 44AD(4)-As business Loss, turnover is approx 32 lakh
2021-22 Audit -44AB(e)- 44AD(4)-As business income is less than 8% , Turnover is
approx 67 lakh
2022-23 Turnover is approx 51 lakh and profit is more than 8%

kindly solve above query shall i carry tax audit even though profit is more than 8% and turnover is less than 1 cr. for the Fy 22-23 under which section shall audit applicable

Sir,

I need clarification regarding the following situation?

My company was planning to organize a tour package to the employees. Altogether, the total package was around 25 lakh. As it was in the nature of package tour TDS under section 194 C was applicable. My concern was regarding, whether there was any tax implication in respect of the concerned employees. Again, this transaction covers within the preview of section 194R.
Please clarify in detail?

The developer received an amount of Rs.30,00,000/- as an installment from customer against sale of flat which is in under construction. How to calculate taxable value and GST on it ? Please suggest .

Hello sir,
I filled out the ITR before making the payment. There is no option for updating the chalan in the portal. the intimation demand is for 198000 and I have paid 213879 as tax. What I have to do.

A demand for 30 lakhs raised to customer by developer where the customer agreed to buy a flat from developer. The flat is under construction and it's total value will be more than 50 lakhs. My query is which of the following will be the correct treatment of this transaction for GST

Situation 1
Taxable value - Rs. 30,00,000/-
CGST @ 2.5% - Rs. 75,000/-
SGST @ 2.5% - Rs. 75,000/-

Situation 2
Taxable value - Rs. 20,00,000/-
CGST @ 3.75% - Rs. 75,000/-
SGST @ 3.75% - Rs. 75,000/-

If situation 2 is correct then where balance Rs.10,00,000/- to be shown in GST Return
Please suggest, thank you

Dear Sir,
Person A has booked a property with builder for 82 L but did not register post possession. Now A wants to sell it to B for 1.6Cr. Since the property was not register there will be a tri-party agreement (between A, B and Builder) to transfer the property from A to B.

Builder will only register it to B for 82 L which is original price equal to circle rate.

A will get 1.6Cr all in white (less TDS 23.33 % since A is NRI) from B.

is it legal? will there be aby scrutiny by IT dept on the balance 1.6cr-82L for loss of revenue?

Please confirm.

in which sec of IT act the exemption can be availed. how to include in IT return