Is 269ST is applicable on Agriculture Income & cash Withdrawl of more than 200000/- ?

Hi I am selling a land, the actual consideration is Rs 20 lakhs. The stamp duty value is however Rs 25 lakhs. Can i compute capital gain for Rs 20 lakhs.


Please Guide

Please help

I have to file return in 44AE, so whether I have to fill gross receipt or net receipt after expenses in income.
If i am filing my return in 44AE more tax is coming, so can I show the Income in normal Business Income, after claiming all deductions for expenses. so that tax liability will be reduced.

Sir, Pls tell incase of AMC amount (prepaid expenses) paid in Jan month for 1year period say amount Rs.24000.
How will be treated in Accounts books every month for 1year period.

Respected Sir
I want to know if an individual being a partner in a firm also carries on a proprietorship business and wants to assess his income from proprietorship business under section 44AD, which ITR form for the AY 2018-19 will be applicable to him. My doubts are: 1. Whether the share of profit from the firm is required to be disclosed in the ITR. If yes then in ITR 4 only details about the firm in which he is a partner is required. is it sufficient disclosure about the firm. 2. If he is also in receipt of salay from the firm within the limits of section 40(b), then is there any disclosure required of such income while filing ITR.
Kindly resond with some explanation
Thanking You

Sir, Pls explain the benefits of keeping the bank EEFC Euro Account for Doing export and import in Euro countries than Bank Current or CC account.

Dear Sir

please provide me the format draft of Board resolution for approving working capital projection report.

Sir, Pls reply for the following query.
1. Under which section, the manufactured iron scraps are posted in Form GSTR 1.

The asssseee salaried employee during the year has got speculative gain on sale of shares. Sale price 90 lacs cost 88 lacs net gain Rs.2 lacs. Whether to show as Income from business or other sources. Whether Tax Audit be applicable .

Sub: Taxability of USA Lump sum Pension received in India (As Ordinary resident of India).
Facts:
·         Received Lump sum Pension (No Gratuity) from USA ($44,190 = INR 28,33,153) on 03/11/2017. USA did not impose any tax on the lump sum.
·         Was working in USA for Private companies since Aug 2003 – Feb 2015.
·         Came back from USA to India in Feb 2015. Currently I am resident of India (996 days as on Nov 03 2017). I am not a Citizen of USA or a Green card holder. Present age = 41Yrs.
Tax interpretation on Lump sum Pension income.                   
·         As I am Indian citizen, Indian Pension laws are applicable for paying taxes on Global income.
·         Per Indian tax laws, for Non Govt. Employee, the computation of commutation value of pension is as follows:
·         Basic pension per US pension plan = $814 per month for rest of life (After Oct 1 2042..retirement age 65)
·         Date of Birth – Sep 25, 1977
·         Date of VRS – 11 March, 2015. Pension received on 03/11/2017.
·         Commutation factor: 9.145 (35 Years) per Commutation table.
·         Hence given above: Commutation value of pension, if 100 % pension is commuted is $814 * 100% *12 months*9.145 =$89,328 (INR = 58 Lakhs.)
·         Per Indian Tax laws 50% of Commutation value of pension is exempt. Which is equal to 29 Lakhs Rs
·         As I have received 28.3 Lakhs only, hence Entire Amt. is Exempt from Tax.

Please advice if my above logic is correct.. Thx much for help!