Dear Sir/ Madam,

Q.1- I have sold a BUS for Rs.30,00,000/- used in CARRYING Passenger after 4 years on June-2020 and Value of Vehicle FY 2019-20 After Depreciation Rs. 25,00,000/- in Balance Sheet. I have get profit Rs.5,00,000/-. I do not have any other Vehicle till date in Business. In this case , Will I have to pay Short term Capital Gain Tax on Rs.5,00,000/-?
Q. 2- If Capital Gain Tax applicable on this case , then How to calculate ? if Not Applicable Capital Gain Tax, then Why not Applicable ?

Please Reply as early as possible.

Thanking You
Bikash Rai

One of our client was doing trading in shares but was limited to 8-10 transactions a year and was keeping the shares as investments. Now in the F/y 2020-21 he has done more than 70 transactions of purchase and sale. My Query is can we treat his income as business income and taxable U/s 44AD @ 6% or we have to take it as capital gain.

I worked for a company in the UK for about a month, at a pre decided hourly rate. Now they have asked me to send an invoice for payment. Apart from the cost of the number of hours * hourly rate, do I have to add anything else to the invoice?

If a Bank Employee has received arrears of salary on an ad-hoc basis related to past years in A.Y. 2020-2021. The full amount is yet to be calculated by Bank which they will credit in the A.Y.2021-2022 only. Now the bank has not mentioned the AY/PY related to which the ad-hoc amount has been paid .
Kindly guide how can I claim sec 89 relief in the above scenario in A.Y.2021-22
Whether We has to Taken Arrear Amount After Deduction Ad-hoc Arrear or Without deducting Ad-hoc Arrear.

We have filed GSTR 1 already for the month of May, June & July
after that when we are going to file Aug-2021, GSTR-1 noticed that
for the month of May, June & July, we did not entered the nil rated HSN Summary

so, what we do next , for the same
plssss... reply the solution as soon as possible
Thank You

Dear sir,
As filing tax audit report in form 10B for the AY 2021-22 is extended till 15th January, 2021 & ITR filing till 15th February, 2022.
Please advice me the last date of filing form 10 to AO for the AY 2021-22, FY 2020-21.
Regards,
K M Goyal
M No.:9899799000

Sir/Madam

I want to reset my GST login password. I forget my registered mobile no and email id. So not able to get it OTP.

Can you provide some best suggestion ?? give me all possibility.

thanks in advance.

Assessing officer issued notice Invoice not showing in GSTR2A and ITC claimed in GSTR3B.
But I have physical bill which goods has been received.
Can I reply with physical bill ?

I took community hall on rent from SDMC for 29 April 21
for which i paid service charge and GST
Due to Covid ,I canceled the booking and service was not provided
Now on asking of Refund they are deducting my whole amount of GST



Please suggest if service was not provided what is the applicability of GST ?
Why should I not ask for refund of full amount of GST .

An assessee made payment for the invoices relating to Feb-19 and Mar-19 through DRC 03 while filing annual return for 18-19. Now,the issue is as both the invoices were not shown in GSTR1 so other party was not able to take input credit for the same. Is there any way through which input tax credit can be claimed by other party?

Thanks in advance