Hello
The student cleared the CA final exam in November 2004 and went into service immediately. He had not completed the GMCS yet.
Is there a way to complete the GMCS online and secondly, it is difficult to spend the whole day for the working professionals so is there any flexibility available to complete the course in the given duration but as per own's convenience

Secondly is there any exemption from GMCS for the working professionals

Dear experts,

There are few purchase and sales invoices pertaining to FY 2020-21 which are not considered in GSTR1 & GSTR 3B in respective periods.

Can I consider missed sales invoices in GSTR1 of current period (Eg : Aug 21 or Sep 21) and missed purchase invoices in GSTR 3B of Aug 21/Sep21? For purchase invoices , this will not be displayed in GSTR2B , but can I take input of the same in 3B?

Regards,

Sir,

I give service to customer so no HSN code ,SAC Code is there .
In Gstr 1 how can i give SAC, as if there on HSN column is availiable.
Please suggest.

If SBI life insurance policy is taken and the sum assured is suppose Rs. 5,00,000/-, premium paid is Rs. 50,000/- per year for 5 years. Is deduction allowed for such premium ? . Also if the maturity amount suppose RS. 3,20,000 /- is received in the bank account, whether such maturity amount is taxable.?

Dear Sir,

One of my client is an NRI and will now receive rental income of Rs. 35000/- per month from his residential house property in India.

Is it necessary for the tenant who is an Indian citizen to deduct TDS from this rent amount. What are the Income tax compliances the tenant needs to follow if he is paying rent to an NRI.

Is there any way deduction of TDS be avoided on rent.

Please help me regarding this matter.

Regards,
Divyesh Jain

Is it mandatory to file form 10IE for salaried individual having no business income? If yes, the nature of Business is being questioned in such form.And If No, how to delcare in the return that new income tax regime is opted?


Thanks in Advance

Sir,
Assess trial balance difference amount rs:4256.10 credit in books
Question:
Trial balance difference amount transferred to capital account or profit and loss account correct procedure.

No matter what format i put into the cell for date of payment it always gives 2 errors as follows:
1. Invalid Date Format
2. Date should be within the Financial Year.

Please guide me through how to remove the errors

We are having one apartment owners welfare association and having PAN also. For registering IT e-file on line platform we have to registered under which category-

Available options are -
1) AOP co-operative society
2)AOP trust
3) AOP

Also while filing IT return which form have to be selected?

In FY20, had Short term Capital LOSS of 120000. Filed return on time and showing 120k as capital loss.
In FY21, had Short term Capital GAIN of 2000 and Long term Capital GAIN of 97000.

I want to simply pay 15% on STCG of 2000 and the LTCG upto 100k is already exempt.

My Question is: Is it mandatory to disclose 120k loss in FY20 in CFL schedule for Assessment year 21-22 while filing FY21 returns. I will be losing the tax benefit of Carry forward losses to the extent of 97k+2k=99k, which I could better use next year.

In other words, can I simply skip filling CFL schedule in this year's return and use these losses in next years returns? Can I choose the year in which to claim Carry Forward Losses as they are allowed to be carry forwarded for next 8 years?