An individual wants to file his Income Tax Return. He has basically 2 following sources of Income-
1. Business Income
2. Capital Gain from sale of shares

Earlier, he was filling ITR-4(Sugam) as he was declaring his business income under Section 44AD but now due to capital gain on sale of shares he has to file ITR-3
So, now can he still show his business income under Section 44AD and give only those details of Balance sheet that is required to be filled in 44AD business income case as regular books of accounts is not maintained by him.
Or he has to fill all the details of Balance Sheet and Profit & Loss as in the case of regular books of accounts.

Please advise and clear my doubt
If possible please attach some links of notification from the official govt. website for the resolution of this querry

what is purpose to make CMA data.

what is limit of invoice value and distance for generate E-way bill for intrastate.
or
what is limit of invoice value and distance for generate E-way bill for inter sate.

For FD Interest

1) Is it required to be considered in the calculation of Aggregate Turnover for Registration or Audit Purpose?

2) Will it be considered as Exempt Supply for the purpose of Proportionate reversal of ITC/ITC reversal

Thank You & Regards
CA Roopali

Sir/ Madam,

In the light of new TDS section 194R applicability, how will it applicable on Partners Drawings ???

please guide me

Can i register for articleship which last date is 31st july for appearing in may 23 exams of Ca intermediate
Because my IT and OC training is start on 19 july and ends on 5 august.
Please help me regarding this i want to appear in may 23 exams

Sir,
One of the business it person sb interest rs:10,236/- and rental income rs:60,000/- and lic amount rs:85,000/- incomes received in f.y.21-22.
Question:
Assessess above mentioned three incomes credit by profit and loss or capital account credit correct procedure.

Hi All
We have few contract employees to running the payroll and they are working in XYZ organisation.
Now the XYZ organisation conducting internal audit, they asking us few declaration, Could you please send us the formats, as we are new to this type of audit
1) DECLARATION ON NUMBER OF INTERSTATE MIGRANT WORKERS DEPLOYED BY THE CONTRACTORS
2) DECLARATION PERTAINING TO DEPLOYMENT OF INTERNATIONAL WORKERS.
3) Register in Form D under EQUAL REMUNERATION ACT
4) DECLARATION ON LIST OF NATIONAL AND FESTIVAL HOLIDAYS APPLICABLE TO THE EMPLOYEES DEPLOYED AT SOCGEN

Sir,
1.Mr.A gst registered dealer b2b sales invoice to another registered dealer Mr.B value rs:1 lacs dt:20-05-22.
Mr.A b2b purchase invoice from another registered dealer Mr.b value rs:1 lacs dt:20-05-22.
2.medicines selling registered dealer rs:50,000/- value goods expired.
Question:
1.dealer purchase and sale transaction single date bogus transaction treatment in gst act.
2.medicines expired show procedure in gst returns.

I own 3 flats in chennai. I am selling a flat and buying a new flat. Can I claim LTCG exemption u/s54F....
I understand that 54f cannot be available if the assesse owns more than 1 house...

Should the flat which I am selling be included for determining the houses owned or it should be excluded...

Pl clarify.