Hi,
Made loss in F&O and intraday trading -220000
Made gain by selling shares kept for short term (less than 12 months) +180000
Only income is from FD interest. +132000

Turnover of (FO+intraday+ short term share trading) is 80 lakhs.

Is audit required in my case?
Can I avoid it by not declaring losses in F&O and intraday and simply show 180000+FD interest as my income and pay tax on it. Will 15% be charged in 180000 profit of short term trading?

Dear sir,
My income declear A.Y 2017-18 in form ITR-4
And current Income show of A.Y 2018-19 in ITR-1.
Any possibility for notice receiving by department.

Sir/Madam,
One of my friend is a doctor, having income u/s 194J & 192B for the financial year 2017-18(A.Y.2018-19) , which itr he can file, if he file itr4 , which option has to fill in ' nature of business 'option. he have only Rs.50000/- under 194J (Professional income) income and remaining income under section 192B (salary income) and how to fill financial particulars like e15(sundry creditors),e19(inventories),e20 (sundry debtors& e22(cash in hand) kindly suggest me.

Dear Sir/Madam

Is there any penalty leviable to the company for not declaring the salary details of employees to whom TDS has not been deducted but their Gross total income is more than Rs.250000/-

please send your feedback along `with respective section and circular if any

Thanks in advance

An Individual/Firm carrying on business/profession whose turnover does not exceeds ₹ 1 crore and incurred loss in the previous year. Whether Individual/Firm have to get his accounts audited,if i cannot opt under 44AD/44ADA? Please suggest me.

A person provide/supply labour to various factories / godown for PACKING/LOADING & UNLOADING works, this is his source of Income, and he has received more than 1 crore from various parties during F.Y.2017-18. Now I want to know whether he is liable to pay GST, if yes then what will be rate of GST, please advise me in details as much possible.

Thanks & Regards

sir/madam, I have paid balance tax due as per my form 16 from employer online using form 280 and type of payment as income tax on regular assessment (400). i came to know i have selected wrong payment as it should be selected as self assessment tax (300) please clarify. if i have used wrong option how to correct it

Dear Sir / Madam

I have sold forex currency to person residing in other state and not registered under GST

WhetherI have to charge CGST & SGST or IGST

Dear Sir,
I Cleared my CA final G-2 in may 2017 and G-1 in may 2018. and upto date i have not done my Adv. itt and GMCS-2 . I want to ask whether I am eligible for Campus Placement Aug/Sep. 2018. Is Adv. itt and GMCS-2 is compulsory before Campus Placement or one can do these side by side or after campus.

Sir

I am having proprietorship business under healthcare Category. My clinic is based in Gurgaon and offers Ayurveda and Panchkarma treatments for wellness.

Since our clinic fall under human health and social care services so our SAC code is 999311 and this SAC code is GST Exempted.

PART 1 : GST Exemption on Health Care Services : Government has exempted Health Care Service vide Entry No. 77 of Notification no 09/2017 –Integrated Tax (Rate) date 28-06-2017 reproduced below:-
Sl No. Service Code Descriptions Of Service Rate Condition
77 Heading 9993 Services by way of
(a) health care services by a
- clinical establishment,
- an authorised medical practitioner or
- para-medics;
(b) services provided by way of transportation of a patient in an ambulance, other than those specified in (a) above. NIL NIL

My Query :-
In case my turnover touches Rs, 27 Lacs, do I need GST.
I understand GST is needed above 20 Lacs, but since our services are exempted in GST so do we still need to take GST for Tax compliance perspective. As, Health care services by a clinical establishment, an authorised medical practitioner or para-medics is exempt from GST

best regards
Dr. Garg
8130209189