Amandeep Singh
23 October 2023 at 13:46

Income tax return -3

Sir,

Proprietor,s business is installation of Power ( Solar ) Plants and agriculture income so can he eligeble to file ITR-3 with Proper books of accounts or delcar 8% Profit under Section 44AD.

(2) He paid labour Chages ( Installation Charges of Solar plant ) so please provide name of the account head and name of the group under Busy Software.


Nisha Kathuria
23 October 2023 at 13:39

ITR-3 Proper Books of accounts

Dear Sir

Kindly suggest past 7 Financial year I was continuous to maintain proper books of accounts but filed ITR-4 Presumptive income 44AD. but Now my little income from agriculture so can i file ITR-3 with Proper file Balance sheet, profit & loss account ( books of accounts) or mandatory to me to file ITR-3 under presumptive income 44AD

Kindly guide


CHANDRAMOHAN

Company incorporated on 05/05/2023
No of Shares = 10,000

To compute EPS, no of shares should be
a) 10,000
b) 10000*331/365 = 9044


uma sharma
23 October 2023 at 12:18

Form 10 ia for deduction u/s 80dd

Sir i want to claim deduction u/s 80 dd for which i need to upload form 10ia what is registration number in that . How can i get disability certificate.


Javed Memon
23 October 2023 at 12:08

Audit Clause 44AB(e)

Audit is done under Clause
Audit Clause 44AB(e): Audit if Assesee claimed Income less than Deemed
income u/s 44AD

While Filling ITR the Option is
Whether assessee is declaring income only under section 44AE/44AB/44BB/44AD/44ADA/44BBA/44BBB

then What Should be Select YES or NO ??


Chandra Kala
23 October 2023 at 11:59

DOUBT ON TAX AUDIT REVISE

FOR THE ASSESSMENT YEAR 2023-24 WE ARE FILING 3CB-3CD INSTEAD OF 3CA-3CD.CAN WE FILE 3CA-3CD AS REVISE RETURN? WHAT SHOULD I DO?


Prithvi Rao

Sir, I am a Director of a Private Limited Company. Recently we purchased few Compnay required items from Alibaba.com. We used the Imp /Ex Code of the Company. I used my personal Credit Card to make a pmt of about US$ 3250. To complete the transaction with my Bank I have provided all the required details like Invoice, Payment , Delivery, etc to the Bank. They are not closing the transaction stating that Director Cannot make payment on behalf of the Company. Please advise.


Elbin
23 October 2023 at 08:23

Tally ERP9 Entry

1) Hardware such as Paints, Nut & Bolts, Spanners, etc purchased under GST comes under which head in purchase ? Direct Purchase Or Indirect expense

2) Purchase of Gloves, Face Shield, Safety Shoes, etc for factory workers safety during the manufacturing process then which expense head should be debited ?
Direct Purchase or Indirect expense

3) Testing / Lab Charges for material under which head ?

4) Tools & equipments purchased for work use under which head ?
Direct Purchase / Fixed Assets?

5)Bonus & leave Encashment is a direct or indirect expense while paying to factory workers ?



Sangamesh Pakin
22 October 2023 at 15:05

Regarding savings account transaction

I do P2P transaction in Huobi platform. But to make payment I'm using savings bank account. And also to receive the payment I'm using the same bank account. As per RBI rule I can make deposit of 10 lakh per financial year. I want to do 1 lakh transaction per day. What is the solution.


Elbin

Hardware such as Paints, Nut & Bolts, Spanners, etc purchased under GST comes under which head in purchase ?

Direct Purchase Or indirect expense





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