Thanks all for your reply. If I want to declare 6% profit in what turnover i need to specify a turnover. In my p&l consist Opening stock - Rs.6737 profit on sale of f&o - Rs.2005282.80 profit on sale of shares(intraday) - Rs.3825.35 Share sales - Rs.1003068.05 Loss on sale of f&o - Rs.1883766.70 Loss on sale of shares(intraday) - Rs.995.70 Share purchase - Rs.1002114.87 (F&O turnover as per calculation - Rs.13014787.25)(profit+loss+option premium) Thanks in advance

RESPECTED SIR'S / MAM'S

PLEASE SUGGEST ME IS THEIR ANY OPTION TO REVISED ORIGINAL INCOME TAX RETURN AFTER PROCESSED ITR.

CAN I WRITE TO OUR ASSESSING OFFICER ABOUT THE REVISED RETURN ????

PLEASE SUGGEST ME

REGARDS

PRANALI

Sir/Mam,

we are merchant exporter we purchase goods 0.1% against notification 40 & 41 the same export without payment of tax , the purchaser details shows in shipping bill.

My doubt when we raise einvoice export without payment of tax we mentioned details of qty , uom taxable value etc in json file in tax rate column what should i mention 0% or 0.1% as per purchased tax rate.

envoice details directly showing in GSTR1

please kindly help me regard

Thanking you,

If the supplier not filed ITR Ay 2021-22 the rate of TDS will be 0.1%or 5% ( supplier has filed income tax return up to AY 2020-21)

NRI - Husband and wife sold Flat and sum has been credited in Indian Bank account.
NRI status was not declared at the time of sale transaction and buyer has deducted 1% TDS from sale consideration
Now NRI wants to transfer funds to his account in Foreign Country

My question is
Whether Form 15CA and 15CB is required to transfer funds ? If yes whether Remitter and Remitee will be same since it is transfer of funds
Also can wife transfer her funds in bank account of her husband and husband can transfer full proceeds to his account in Foreign Country ?

sir / madam
plz send me the proprietor deceleration format for the purpose of new drug license make

if monthly rent booked on 15th March 22 to 14th of April 2022 Rs, 5,00,000 .
My question is that how i can deduct TDS on rent . On Rs. 5,00,000/-

Sir,
Any Gst registered dealers violation of itc provisions Sec 16(2) and sec 16(4) and 36(4) at a time applicable in gst act.

Need to ask about accounting entry for following situation.
A- Company -1
M- Manufacturer
B- Company 2
"A" places order on "M" for supply of goods. A are not able to arrange funds so they tie up with "B".
"B" releases funds to "M"
"A" asks goods to be supplied in their name with their name appearing on invoice against their PO.
How to adjust this entry into books ?
Are there any GST or IT implications ?

How to account expenses incurred while constructing a building in Company's account?