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akshay maloo
26 July 2022 at 10:38

44AD real estate business

Can I person who is into business of Developing and Selling of Plots claim section 44AD of Income Tax while filling ITR? If Yes, then what business code to be choose in case of nature of business?

Thank You


Sharanya Roy

Hi..I am currently doing Industrial Training and my CA principal has resigned .Unfortunately there are no more CA right now under whom I can register. I have only 3 months of training left. Posted query in esahayta but no replies yet. Can I join a firm for the last three months and complete my articleship ? Please guide


muthusundar

we have not generated e invoice from 01.04.2022 to 30.06.22 (total 700 Invoices(Service Invoice not goods). GSTR 1 & GSTR 3B also filed for these period. Now can we generate the e Invoice. will IRP accept these invoices. if not possible what will be the consequences for this mistake.


Krishna
26 July 2022 at 08:46

Section 115baa & 115bac

Do we need to file form 10IE(115BAC)
& form 10IC (115BAA for companies) every year ?? or we need to file during 1st year of opt in ??
second query is can we opt out from this sections ??
As per my understanding 10IE is required to file for ITR 3 or 4 once while opt in n not required to file again in subsequent years. form 10IE is required to file again while opt out & once opt out we cannot again opt for section 115 BAC. Form 10 IC is required to filed only during 1st year of opt in n not required to file in subsequent years. once filed form 10IC then cannot opt out of this section. Is this correct ???


SHYAM KRISHNAN K
26 July 2022 at 07:17

SFT regarding credit card usage

While filing IT return, my 26 AS has been reported an SFT of 17 lakh regarding usage of credit card. Actually this spending was not fully pertaining to me. My family and friends using my card for their purchase and i collect money aginst the same on my card due date. Is there any problem in this?. Is this require any further clarification?


esai arasan

Items 1-5 is to be filled if Yes is selected in field Are you liable to maintain accounts as per 44AA ? in General Schedule - Audit Information Item 6 is to be filled if ' No ' is selected. How to short out.


kollipara sundaraiah

Sir,
A person cash gift from non relative value rs:3 lacs previous finicial year.if assessee rs:3 lacs not showing income treatment in it returns.
Question:
Assessess above transaction show procedure in books and it returns.


Punitha
25 July 2022 at 20:26

Section 285BA - Issue of shares

Sir, is there any limit for transactions to be disclosed under this section.

For issuing of shares , should share premium also be included or only share capital has to be taken. Please clarify.


Arun Kumar Rajvanshi

Sir, while filling value ( after going for validation ) in each quarter it does not take negative value, in 16/12 to 15/3 where as the total STCG value is positive. please guide me


BIPLAB CHAKRABORTY

Sirs
18 nos Bonus shares have been allotted to me but these shares are not physically with me as these were "Undelivered" and still with the Registrar.
May I claim these shares along with "Unpaid Dividend" from IEPF in "IEPF Form 5" ?

Regards
Biplab Chakraborty







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