Please let me know the benefits for registration u/s 12A/12AA of I T Act, 1961 for charitable trust. Also clarify regarding consequences for non registration u/s 12A/12AA . If the trust is already registered u/s 10(23AAA) of I T Act, 1961 and claiming exemption under this section, whether trust can register u/s 12A/12AA.

Kind request to clarify the above points..

RESPECTED SIR,
I FAIL TO CANCELL E WAY BILL WITH IN 24 HOURS AS PRESCRIBED BY ACT. HOW WE CANCELL SUCH E WAY BILL AFTER 24 HOURS OR IN WHAT WAY SUCH E WAY HAVE NULLIFIED EFFECT

I have old gold about fifty year back no bills.about 100 gms.

If I sale now , what will be treatment for capital gains tax.

One I.t. person incomes for the finicial year 2018-2019 mentioned.
1. Net profit as per p& L account Rs.280000/-
2. Cash credit by capital account Rs.100000/-(un explained income).

Taxable income Rs.280000/- or 380000/-
And Rs.380000/- tax pay slab rate applicable.

DEAR SIR,
MY NAME IS KUNAL SHARMA I WANT TO ASK CAN WE FILE INCOME TAX RETURN FOR LAST THREE YEARS. TILL NOW.
PLEASE SUGGEST ME.

I had applied for GST new registration this monday.
There was a query raised and i had sorted it out.
Now if i check the ARN the status shows the following


Clarification filed - Pending for Order

what does it indicate and when will i get the GST number

Please provide the link to get duplicate copy of the Articleship completion letter.

One of client don't exercised the Annexure IV and what are the if not exercised the old or new scheme in real estate,where he is not willing to take ITC,for ongoing project of apartment before 1-4-2019 he has to pay old regime or new regime. And for landowner share flats also to pay by the builder before NoC.

Respected Sir / Madam

can i claim Loan Processing fees as Interest U/s 24 under income from house property??
because Section 2(28a) defines the term interest as 'interest payable in any manner in respect of any money borrowed or debt incurred (including a deposit, claim or other similar right or obligation)'

Case study : Mr X sold his house to Mr Y for which he received payment by cheque (equal to circle rate) and balance in cash. Mr X deposited cash in bank for which he got notice from IT department to prove source of cash deposited. Mr X in his reply to IT department declared the cash deposited in bank as proceeds from sale of house and paid tax liability to on the same. Department now sent notice to Mr Y demanding the source of cash paid to Mr X. Mr Y denied payment of any cash to Mr X and no cash was withdrawn from Mr Y's bank account that could prove cash payment by Mr Y. What are the possible options left with IT department to prove cash paid by Mr Y is black money?