Recently, one of my client has started business similar to paytm by developing his own app and wants to know how GST will be levied on him, whenever anyone recharges his phone through his app.
Thanks

Procedure for DUPLICATE EPCG license

Please help me out how to apply for duplicate EPCG Licence.

I have income from Pension and Consultancy Job. And also I have Capital gain on account of sale of land. I have invested in the capital gain bonds to save capital gain tax.

I may please be advised as to what ITR forms I need to submit. Is it ITR-3?

Regards,
Dayananda. S

Mr. X and Mrs. Y are husband & wife and they are taxable assessees in income tax
they jointly taken home loan and purchased building

both are applicants in home loan but EMI is deduction from one person only (EMI per annum 4,20,000)

now can both claim deduction in income tax? (home loan interest and prinicipal)

We are under QRMP SCHEME. WE HAD SALES IN JUNE 2022.when is the last date for payment of taxes for month of June 3022.we will file gstr3b in July under quarterly scheme under QRMP. PL ADVISE

Mr. X purchased land and constructed building (but not completed)
he sold out the building under construction

now is he liable to pay GST

what is the GST Rate if Yes

Form 26AS shows TDS deduction US 194A while my client is small transporter and having income from 2 Trucks only. Even last year same DEDUCTOR did not deduct TDS and treat it US 194C
what should we do in this case

One of my client is a NRI who owns a flat at Bengaluru at present my client is located at Singapore and Bengaluru flat is vacant. my query is whether he can claim deduction for interest paid on loan taken for purchase of house property u/s 24 ??? if yes whether the property is to be shown as SOP ???

Dear Sir / Madam,

During FY 2021-22,Mr A was earning professional income. Besides this, he was also trading in shares.

The sales value of shares trading is as follows:
Speculation - Rs. 18,46,034/-
Short Term - Rs. 1,97,70,738/-
Long Term - Rs. 1,71,863/-
============================
Total Sales value / Turnover - Rs. 2,17,88,634/-

Will he be liable for Tax audit in this case?

Secondly, what if Sale value of Short term trading alone exceeds Rs. 2 Crore, will the tax audit be applicable then?

Kindly guide.
Thanks & Regards,
Suraj

My turnover of intraday and delivery based traders is Rs.40 lacs approx.Do i need to maintain books and get the same audited before filing ITR or i can be exempted from the same.Further,please advise if i can file ITR on presumptive basis and if so,then which ITR i have to file.