Dear Sir,
Due to an unintentional transaction I got Rs. 44/- loss in a day which is my only single intraday transaction of the year ( purchase Rs.544/- Sale Rs.500) Rest Transcation related to delivery basic and some mutual funds.

Intraday/Speculative Loss Rs.44
Short Term Capital gain Rs.2285/- from stocks and Mutual funds
Long Term Capital gain Rs.0

My Earning from Salary is approx. 4 lacs. interst from FD Rs. 53800/- Do I need to use ITR-3 or Can I use ITR-2?

I would prefer ITR-2 if possible as I don't have much knowledge on ITR-3.

Can I face any query notice from IT department In future if I shall file ITR 2

Kindly advise accordingly.

Sir,
A Doctor maintained a private hospital included with pharmacy stores.
cash balance rs:40 lacs as on dt:31-03-24 as per hospital account books.
cash balance rs:30 lacs as on dt:31-03-24 as per pharmacy stores account books.
Doubt:
Assessee cash balance amount rs:30+40 lacs deposit in bank account compulsory as on dt:31-03-24

Respected Experts,

i have filed INC 24 and following resubmission asked by department "Certified true copy of the altered AOA & MOA duly highlighting all the alteration as proposed by the company along with proper dates and details of alterations at the footnote which is duly stamped and signed by authorized director in compliance of section 15 of the companies Act, 2013 with subscriber sheet. Make sure each page is signed by authorized director."

which doc. i need to submit to resolve this query ?
kindly guide me ASAP.
Thank you

Is it possible to revoke or cancel Form 10IB filed online ? Actually we had mistakenly filed Form 10IB u/s 115BA instead of Form 10D u/s 115BAB.

I am a pvt ltd company
the definition of a small company --
as per section 2(85) of the companies Act 2013 a small company means
a company that meets the following criteria:
condition 1 : paid up capital should not exceed INR 4 crores ; and
condition 2 : turnover of the company should not exceed INR 40 crores

my paid up capital is 4.25 crores
but turnover does not exceed 40 crores

so now am i small company or not
pls guide
thanks

We have filed Annexure V for the FY 2023-24 with in due date and my query is we wish to continue under FCM for the coming FY 2024-25, so whether we need to file Annexure V again for the FY 2024-25. If yes We have tryed for FY 2024-25, But messgae shown as message shown as "Declaration in Annexure V has already been filed for the selected Financial Year 2024-25 on dated 18/05/2023 and is still active. Click on Download Annexure V button to download the declaration." But downloaded file is showing only FY 2023-24… Kindly advise me

We have head office in Delhi and branch in Haryana. I have only GST input in Haryana branch but no GST output as all sales are done through Delhi Head Office. Is there any way by which we can transfer this Input from Haryana to Delhi? Your expert guidance will be highly appreciated.
thank you

Getting error "RUNTIME ERROR 76" PATH NOT FOUND while uploading PTRC FORM IIIB for 2023-24. Kindly advice.

My client is registered under FCRA Act and has not received any income other than interest from foreign funds. Since, interest income is also treated as foreign contribution, audit report in Form 10B was filed for the A/Y 2023-24. But now, the institution has received a notice that Form 10B has been filed instead of 10BB.

Also, as per the new circular 2/24, CBDT has given a chance to rectify the form by 31st March, 2024, if filed vice-versa.
Kindly clarify if we need to file report in Form 10B or 10BB since there is no other income other than interest received on foreign funds.

Assessee has purchased unlisted equity shares of a company during the FY 2007-08.

As part of the buy back of shares by the company, the assessee has sold the stake in current FY 2023-24.

How to calculate LTCG on shares. Is Indexation applicable for calculating LTCG, as the shares are unlisted? Also, Is sec.112A applicable?

Please clarify with applicable section of the Income Tax Act.

Thank you