sagar panchal

Dear Sir/Madam,
if A client got GST registered from October 2023, example his total turnover before gst 600000 and after GST registration turnover is Rs. 400000, then what turnover should be final while filing his income tax return?
the total turnover is Rs. 1000000
Will any demand raised by GST department regading turnover ? because in AIS turnover shows Rs. 400000


Suresh S. Tejwani

IF FOUR PARTNERS A,B,C & D FORMS ONE PARTNERSHIP FIRM AND ALL PARTNERS HAVE INVESTED IN SHARE MARKET AND EARNS GAIN OF RS.100000 NOW CAN THEY SHOW SUCH GAIN IN THE HEAD OF PGBP AND CAN THEY DEDUCT EXPENSE FROM SUCH PROFIT?
(PS: DEMAT ACCOUNT IS IN THE NAME OF FIRM)


RAJAT SINHA

Our company is having 27.00 lakh paid-up capital and secured loan Rs. 1.21 crore, turnover is 11.50 crore in the financial year 2023-24.

1) Whether Cash Flow Statement Required
2) Whether Caro Mandatory
3) Whether Internal Control System required in Audit Report


Shobhit Jain
27 July 2024 at 16:23

Tax under new regime

Taxation upto Rs 7.5 lakh under new regime for FY23-24


Suresh S. Tejwani
27 July 2024 at 15:32

For LLP Gst Trade Name

can we keep differences Trade name and Legal Name for GST LLP company's Registration??


MOHD SHAHID
27 July 2024 at 15:07

VDA capital gain

Hello,Income tax deducted on payment received against sale of Virtual Digital Assets. How to calculate capital gain when there is no Purchase value is available Experts/Learned persons opinions are sought.



SADASIVAN THEKKEY VEETIL

Is the new rules on capital gain tax announced on 23 Jul 2024 applicable to
property transfer made on or before 22 Jul 2024 but after 01 April 2024.


Kochi Articles
27 July 2024 at 13:41

Vehicle bought on EMI

Where will be the balance amount payable on vehicle purchased for EMI be shown in the financials of a company?


ARUN GUPTA

Will I get rebate in income tax return both under new and old regime? What is the exempted income both under new and old tax regime system? Pl clarify in details?