Where to show DTA Sales made by unit situated in Special Economic Zone in SEZ Unit's GSTR 1 ?

May someone clarify as what is Loan Life Coverage ratio and how it is computed with some example.

HOW TO CANCEL MIGRATION CERTIFICATE?

Dear Sir / Madam,

My query is as follows:

Mr A, Indian resident, is working with Subsidiary company of an MNC. He received few shares under ESOPs in listed foreign company during his employment. He sold these shares in FY 2020-21. I wish to know how to report capital gain on sale of these shares of foreign company in his Income tax return? I have no idea how to report foreign income. Any specific form is also required to be filed, documents to be seen??

Kindly guide.
Thanks & Regards,
Suraj

I am trying to file ITR-6 but while uploading JSON error msg appears " invalid hash value identified, modification to itr details outside utility not allowed"

please guide.

Dear Expert,

A Dealer has closed his business since one and half year ago but the GST registration has not been cancelled.. and not filed the GSTR-3B and GSTR-1 returns.

Can he close the gst registration without filing the returns otherwise he needs to pay more late fee.. Kindly advise

Sir,

A Individual taxpayer have filled his IT Return for A.Y. 2020-21, and shows lower gross receipt in head income form house property in compare to 26 AS. Now, He tell me to revise my income tax return. There is any solution to revise IT Return or not please guide.

ABC Private Limited a foundry unit has sold castings worth Rs. 20.50 crores to XYZ Private Ltd during FY 20.21. Directors of both the companies are same. XYZ Private Ltd. has paid Rs. 3.00 crores to the directors and their sons as salary and interest on deposit. Total payment to related parties covered u/s 40A (2) (b) exceed 20 crores. ABC Private Limited also generates solar power and claimes deduction u/s 80IA. The querry is whether Domestic Transfer Pricing provisons are applicable to XYZ Private Ltd for AY 21.22 in view of amendments made in 2017.

There is a registered society being educational institution which is registered u/s 12AA of the Income Tax Act, 1961 is running three schools whose total gross receipt is Rs.45 lacs and is having surplus of Rs.14 lacs ( the applicaiton of income is lesser than 85% of gross receipts)during the year 2020-21, is also eligible to claim exemption u/s 10(23C)(iiiad) whose accounts have been audited. Whether audit report in Form 10B or Form 10BB is required or only independent Auditor's report shall suffice to claim exemption u/s 10(23C)(iiiad). If the audit report is not in Form 10B or Form 10BB then how it shall be uploaded on ITD portal ? Kindly guide.

Sir,
One of the cloth business composite scheme dealer
1.Sales transactions UPI mode(phone pay and paytam and Google pay) for one day all amounts credited by bank account.
1.sales to customers rs:850/-
2.sales to customers rs:1000/-
3.sales to customers rs:1230/-
2.salaries paid to wife and son rs:5000/- and 6000/-
Question:
1.sale transaction amounts total sales single entry or multiple entry accounting passed in books correct procedure.
2.salaries paid to son and wife business expenses claim allowed in it act.