Dear Sir,

Kindly advise applicable ITR form for following scenario of myself as situation is quite tricky,

1] FY 2015-16, Salary Income - 1,65,000, Taxable Income as a partner in firm - 75000.
2] FY 2016-17, Salary - 0, Taxable Income as a partner in firm - 75000, Gross receipt as a Self Employed (E-Commerce trader before GST) - 42000
3] FY 2017-18, Salary - 0, Taxable Income as a partner in firm - 1,38,000, Gross receipt as a Self Employed (E-Commerce/direct trader after GST) - 2,65,000.

Also advise whether I can file all three returns this year because for FY 2015-16 & 2016-17 I am filing only for TDS refund deducted on FD's, although I require these returns for loan purpose in future.

Please guide.

Thanks,
Vishal

Can anyone Guide me for Income Return for Co Operative Housing Society

Dear Sir,

In ITR-4, SCH BP E9, Gross Receipt reported in GST is asked.
How to calculate this figure for FY 2017-18 ? Does it mean sum of all sell invoice amounts from July-17 To March-18 as actually filed in GSTR-1 returns.

My turnover is below 5 lacs, is it compulsory to report GST turnover in ITR ?
Please advise.

Thanks,
Vishal.

Dear Tax Experts

I want file a Income tax reruns for Music composers . In which categories is suitable for ITR

Thanking you

AN ASSESSEE IN THE BUSINESS OF DRUGIST AND CHEMIST HAS BEEN FILING VAT RETURN EARLIER AND THEN GOT REGISTERED AS COMPOSITION DEALER AND FILED GSTR4. HOWEVER THE TURNOVER OF THE ASSESSEE DOES NOT EXCEED RS 20 LAKH PER YEAR. SO IS IT OKAY IF HE DOESNT FILE GST RETURN FROM NOW ONWARDS?

I have sent the material to job worker for job work. After the job work, I sold the goods to same job worker after job work without bring back to my place under tax invoice. My question is that whether Should I prepare e-waybill? since the movement of goods is not there. If so, what about vehicle no/LR No./Transporter?

An assessee got the claim amount ordered by court due to death of her husband in a road accident. The motor insurance company deducted 20% TDS on the claim amount u/s 194A. Kindly advise whether the claim amount taxable in her hand or not and if exempt pls quote the section of IT Act.
Thanking You

sir/mam
in case of private limited company, out of the only two directors, one directors was already disqualified by MCA for non filing of Annual Returns and Financials( of other company in which he was director). the remaining director has resigned from earlier company. so that he should not get disqualified. since the later has resigned from company. will he have any responsibility towards the company after resignation.? or he will be held for any responsibility of company as he was the only qualified director before resignation

Dear Sir/Madam,

A partnership firm was established in the month of February 2018. The only Fixed Assets they are having is Computers and Laptops.
They have nominal profit. What will be treatment for depreciation for the purpose of finalizing financials for IT returns.

Regards,
Abhishek Kumar

I have an query regarding GST E-waybill.
I have some confussion regarding GST E-waybill which is -

In case I have made 2 GST invoice in the name of same customer(same GST number) in same date and materials are despatched in same vehicle on same day. 1 st invoice value is more than 50,000(inter state)/100000 (intra state in W.B) and 2 nd invoice is below the limit. Due to different p.o we need to make seperate invoice on same customer. Combined invoice not accepted by customer.

My query is that - in the above situation will it be need to generate E-waybill for both invoice or only generate 1 E-waybill which have more than threshold limit as total consignment sending in same vehicle on same day.

Please clear my confusion regarding this anyone.