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CA Nidhi Kanabar
19 December 2024 at 13:27

INCOME TAX RETURN OF PARTNERSHIP FIRM

hello

can any one solve below mentioned query

there is partnership firm and only two partner has carried out the business , one partner died in FY 22-23 I have filed ITR of the firm till the date of the died partner after that I have not filed ITR FY 2023-24 due to automatic conversion into proprietor concern and there was no income in that partnership for the FY 2023-24 .Now I have received message from income tax department you have not filed ITR for the Fy 2023-24

how Shall file ITR even if I have no income in that partnership firm and now Partnership firm does not exist.
how to close the above matter ?should I cancel the PAN no of the partnership how to inform income tax department due to non filing of ITR


Suresh S. Tejwani
19 December 2024 at 13:10

Regarding F&O transaction

1) if assessee required to get their books of account audited u/s 44AB, Can we opt 44AD for F&O transaction if nature of business is whole sale and retail trade?
2) In case of net loss (Sale amount - buy amount) in F&O transaction, then 44AD will be applicable?


VIKAS KUMAR SHARMA

if a individual person having income from LIC agency commission, general insurance and nbfc companies connector code(commission) and turnover is less than 20 lac yearly
Is he required to register under GST???
please guide


R Hiremath
19 December 2024 at 11:24

Regarding GSTR9 Applicability

Sir, I have a question My Turnover for FY 2022-25 was above 2 cr. hence I filed GSTR9 but this year my Turnover reduced to 1.20 cr. is filing GSTR9 mandatory for this year ?


Daya
19 December 2024 at 11:19

Security Transaction Rate on

Delivery,
Future and Options,
Intraday and
Equity.
and
CTT rate also


CA Nidhi Kanabar
19 December 2024 at 10:52

RCM FOR FREIGHT

HI
RCM on freight limit of Rs.750 or 1500 is still exist or it has been removed under GST
If there is any change in limit then please share notification


Pranav Edusoft
19 December 2024 at 01:23

Adjusting Subsidary company losses

Can we set off losses of foreign subsidiary company in the books of Indian parent company?


ATUL


RCM ON DIFFERENT.....SITUATION FOR..............COMPOSITION DEALER....

COMOSITION DEALER,,,,,,,

RCM APPLICABLE ?????

PAYING RENT 19000 RECD-RENT RECEIPT…WITHOUT CHARGE GST ON RENT…

THEN ….COMPOSITION TO PAY RCM ON RENT ????

COMPOSITION DEALER…...PAID …CASH EXPENSES ON

CASH PAID FOR EXPENSES….ON EVERY SATURDAY

TOTAL CASH EXPENSES…AROUND 9000 ……RCM APPLICABLE ???



GENERAL QUESTIONS….FOR
REGULAR DEALER

RCM APPLICABLE LIMIT….FOR TOTAL ..CASH EXPENSES…PER DAY

ANY LIMIT…FOR TOTAL EXP….CASH / CHQ


Karan agarwal
18 December 2024 at 18:55

MCA DATA OF COMPANIES

CAN I GET MCA DATA OF COMPANIES WHO FILES THERE FORMS REGION WISE?


abhijit majumder
18 December 2024 at 17:11

Query on Cheque

Sir,
If in a cheque Payee;s name is wrongly mentioned does it invalidate the cheque.
One person told me that as per RBI circular bank only verify Account No and IFSC Code before accepting payment.
Is it true ? I have Doubt
Regards
Abhijit






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