A friend of mine is a senior citizen and unemployed. No pension. During the year he has closed 2 mutual funds, with a profit of Rs 40000. His total taxable income is less than Rs 2.50,000. His only income is from income from bank FD which is around Rs 39000.
1) Should he file ITR
2) Which form should he use?
Thanks in advance for your advise.

A charitable trust wants to close its trust activities and surrender PAN. As per Trust deed if the trust wants to close its activities it may transfer its Movable and Immovable properties to other trusts having same object. What procedure to be follow to transfer movable and immovable property to other trust?

sir
This is regarding equity shares of my NRO son who transferred his shares to the father in the month of November 2019 is there any capital gain to be paid by the son when he files his ITR.
Please clarify
Thanking you

RESPECTED SIR

WHILE MAKING CORRECTION ON TRACES IT IS ASKING US AS FOLLOWS :

CD RECORD NUMBER
AND
DD RECORD NUMBER

PLEASE GUIDE ME AND OBLIGE

Dear Sir

Kindly advise is it legal for purchase of Plot FROM GPA issued to Third Party other than Blood relation and is there any taxes is to be payable

Kindly advise

Assess personal drawings withdraw rs.4,50,000/- through on using debit and credit cards payments one finicial year .
Question:
Total withdrawals on card payments allowed under i.t.act.

Sir
I am the director of private limited company and supplying transport service for others and issuing the consignment note as per its definition.Can I call me as GTA.

If yes, can I charge GST on the transportation services provided by me as we GTA?

What I under stood by the following notification that any services provided by goods transport agency (GTA) is taxable and services provided by other than GTA is exempt under GST.

*****
Give me a clear explanation regarding exemption under the Notification No.12/2017- Central Tax(Rate)
Entry No.18
Heading 9965
Services by way of transportation of goods-
(a) by road EXCEPT the services of—
(i) a GOODS TRANSPORTATION AGENCY;
(ii) a courier agency;
*****

I have total taxable income less than 2.5 lac, but in last FY i had 5-6 transactions in share futures and incurred loss of around 4.0 lac rupees. I am not interested to carry forward the loss, Can i use ITR-2 to file return without indicating the loss?
Kindly suggest
Thanks in advance

Hi,
My office registered under Partnership Act and wanted to open new branch office. I wanted to know the provision inserted in partnership deed for opening branch office.

RGDS TO ALL OF YOU SIR

DUE DATES FOR AUG 20 GSTR-3-B AND GSTRI-1

MORE THAN 5 CORES
&
LES THAN 5 CRORES