Will all other professions not specified in section 44ADA (like Teaching, Anchor and etc.) will be covered under 44AD? If not then how we should treat them?

My client is an anchor and her gross receipts are approx. 20 lakhs. I have been showing her income under 44AD for last three years taking margin of 50% to be on safer side. Please help with the correct treatment.

Do I need to maintain her accounts and show the exact margin along with submitting final accounts while submitting the return?

hello everyone

can cash deposited by partners in current account of partnership firm account be attributed as capital of partners. Total deposit on a single day is around Rs. 14 lacs. Likewise there are few more instances of cash deposits more than 2 lacs on single day by partners. Will this go for qualification in tax audit report?

kindly clarify

Sub: Aadhaar No. not available to be inserted in ITR VI fy 31.03.2020
For f.y 31.03.2020 ITR VI has been prescribed on ITR site in excel proforma on 22.09.2020, in this at Schedule-SH1 sheet C [SHAREHOLDING OF UNLISTED COMPANY], (Details of shareholders who is not a shareholder at the end of the previous year but was a shareholder at any time during the previous year ) a new column of Aadhaar has been added, since company does not has Aadhaar of many shareholders and they are not interested in giving now their Aadhaar no. as they are not shareholders. Please let me know what to be inserted against them in Aadhaar Column.

Respected Sir/Madam,

My query is
Which section is applicable for CFAs

Thank you

Which book is IDT is best for self study as well as in Practice ?

our firm goods transfer to FBA branch (AMAZON). How do accounting branch transfer in GST?

We have done deemed export @ 0.10% with in India,
According to notification no.41/2017 integrated tax (Rate) dated 23rd October, 2017 we have to submit copy of purchase order received from supplier to the jurisdictional tax officer before dispatch & after dispatch proof of export Shipping Bill, Bill of Lading, Tax invoice & Purchase order.

Please let me know is this notification apply in general course practice or not?

Should all the documents submitted to jurisdictional tax officer?

We send some taxable material to own site for own use through Delivery Challan. It is not a supply under GST,
so as per Rule 55 of CGST, we do not mention Gst rate and amount in Delivery Challan. (Rule 55 says clearly gst rate and amount is mandatory in case transpiration to consignee is in nature of supply)

My query is: should we use Not applicable Gst rate while preparing Eway bill over portal or 0 rate?

sir, i am a registered dealer, dealing in purchase of scrap (paper, plastic, metal etc...) from unregistered dealers, do i have to pay reverse charge/tax on purchase of scrap from unregistered persons or, i fall under marginal scheme as i purchase old goods and sell them without changing its nature....

I am sharing income details for. Fy.2019-20.

Sale of (long term )shares ... 552500
Less : cost of acqusition 389300
Gain 163200
Less : exmpted. 100000
Taxable gain. 63200
I have other interest income 50000
No other income . Taxable income is also less then exempted salb of 250000

Gain is less then taxable limit . My query is
Whether i have to file income tax return as income is less then taxable limit ?
If yes , which ITR i have to file .. ITR -1 or ITR 2
Please advise