Sir/Mam,

In our GST , fy 2022-23 Turnover Page showing difference ie Estimated 2.9 cr and Based on Returns Filed 1.91cr , we are exporters from last year onwards we are taking einvoice ,

Why this difference showing, our original turnover is 1. 91 cr how to deal with this

Plz kindly explain what is estimated turnover. how to delete difference amount.

Thanking you,

One of my client has salaried income and doing F&O trading. In the last two FY i.e. FY 2020-21 & FY 2021-22 he has loss in F&O and asked to do Audit. So I audit him under sec 44AB(e).

Now, in the current FY 2022-23 he still have loss in F&O. Is audit applicable or we can file normal return.

Experts,

Need clarification on below points.

1. Trading in MCX commodity is speculative or non speculative? Trading in intraday or holing till the contract period does it change the nature of specualtive or non speculative?

2. In MCX commodity we select contract as either Future or options, can we say it is Futures and options?

3. Trading in NSE, futures is F & O?

4. In MCX commodity also Futures and in NSE also future does both transaction belongs to Future and options?

can a assessee gave his/her business(Marriage hall renting) to his/her spouse as a "GIFT"?

How to give effect as per income tax? Please explain and what is the procedure to do like that.

Thanks in advance.

I filled HP schedule but the interest is not being reduced from the total income. and this interest showing in Schedule carry forward losses.

I was working with an organisation which was part of EPFO.
Now , I have joined new organisation which is having private trust and not registered with EPFO.
I am trying to get my PF balance from previous employer transferred to my new organisation but previous organisation is not able to transfer the same since my current organisation is not registered with EPFO

Is there any way to get transfer done?

In the TRACES portal, can a TAN-Holder tag the unconsumed challans in his/ her TAN against the pending demand? If yes, what are the steps one should follow? Do we need another software to do so?

Hi all the members of CA club India,

Please let me know what consequences will be there for a buyer of land if he/she makes payment more than rupee 2lacs in cash?

Query

Can I claim HRA and House loan interest both

I live in Delhi on a rental property and my family in Rajasthan in own house

Rajasthan property registered on my wife name but home loan paid by me and my name is also given by bank on annual interest statement.

My clients

1. Laptop broke

2. She got a quote from Apple to fix

3. She purchased a new laptop as She was told the processing time was so long for insurance

4. Submitted quote for fix and a new laptop to the insurer

5. They paid for the amount to fix, not the full replacement, minus vat

How to account this and which nominal to use for the amount received from insurer