Dear Expert,

We have taken Land for lease upto 5 year. We have entered agreement and the same need to registered.
We have paid Advocate Fees Rs 5000 and Registration charges 38000. As per IND AS-116, these costs should be included in the asset to find ROU.? If yes, all the expenses covered under " Lease A/C only or we account these expense in difference GL ( Legal Service & Registration Fees A/C ).?

I have following incomes, please guide which ITR form to fill & how to avail 44AD benefit for sole trading income:
1.) Salary & profit share from partnership firm - 55 Lac
2.) Turnover of my Sole Proprietorship (all through electronic mode) - 40 Lac

Hellow

At the time of filing 3B showing "System has not generated summary of Table 3.1(d) and Table 4 of FORM GSTR-3B on the basis of your GSTR-2B as same is not generated for the current tax period"

I'm want to file Jul-21 GSTR 3B from last 15 days but due to the above problem, I'm not able to file my return.

Pls suggest.

Exgratia payment made to an assessee in case of cessation of employment of a unit getting closed and there is no option for re employment due to age and technical expertise will tantamount to capital receipt and not taxable ?

Sir, I need format of employer consent letter for articleship transfer.

My company YOJITH HR Consulting Pvt Ltd is being processed for closure. The only stake holders are the two directors. GST has been cancelled in feb 2019. No transaction since 2019. ROC has STRIKE OFF the company. PAN / TAN : income tax deptt has confirmed that they have closed in their files, but tech team is yet to update their database. Can I stop ITR filing ?

Dear All,

My queries are as follows:
1) Mr A was a salaried person during FY 2020-21. He opts for new regime at the time filing the return for FY 2020-21. Therefore whatever deductions he claimed under old regime will not be available now. He is now supposed to file Form 10IE... right? when this form is required to file? Before or after the filing of IT return?

2) He left his job in March 2021 itself and has started new business. Then can he switch to old regime in FY 2021-22? and if yes, whether he is required to file form 10E when he files return for FY 2021-22??

Kindly guide me.

Regards,
Suraj

Dear Team,

what is income tax return filing date for the F.y 2020-21 (Non audit case - Domestic companies & Partnership firm)

Is the remuneration received by consultants in India from Asian Development Bank subject to income tax.

Sir,
It assess sales turnover rs:65 lacs sec 44ad profit declared 8 percent rs:5,20,000/ -
.but actual profit amount rs:7 lacs
Question:
Assess difference amount rs:1,80,000/-(rs:7 lacs -5,20,000/- ) treatment undisclosed income in it act.