My tanent who runs shop pays me rent with GST after deducting 10% TDS but has not deposited the same for the period Aug 24 to Mar25.
I have been regularly depositing GST charged on Rent and received from the tanent.
My TIS and AIS both show GST turnover for the full year.
Since my income from House property is for full year, I have shown the same in my ITR2.
As a result of Non deposit of deducted TDS by the tanent no credit is available to me for eight months.
Please guide how do I file my return with in the time limit as I can not deposit the TDS from my pocket.
Sir, is there any time limit( time gap) is specifed between ie. after issuance of Draft Order U/s.148(d), the issuance of Notice U/s.148 should happen? like 7 days or 30 days etc.
Hello all new Income tax Act 2025 will come into force.. just wanted to do crash course of it....is it available
Dear Sirs,
My client has filed her income tax return with section 44ADA in assessment year 2023-24, working as a gym trainer, has pending to file ITR of last two years. my queries are as under, Please guide,
1. can gym trainer file U/s. 44ADA ?
2. if yes or no can I file last two ITR U/s. 44 AD? there is no capital gain or other income ?
3. is there rule to continuity of 5 years for 44ADA ?
Request to guide on this
Regards
🔍 Breakdown of Your Income Details:
Particular Amount (₹)
Presumptive Business Turnover (44AD) ₹1.30 crore
Presumptive Income @6% (u/s 44AD) ₹7,80,000 as my cash transaction <5%
F&O Trading Turnover (Non-Speculative) ₹6.20 lakh
F&O Trading Loss ₹1,14,000 (Loss)
Other income ₹14,000
Can i show my main business in 44AD and F&O loss in normal PGBP income ? To avoid audit requirements?
Sir.
One of my family relative has 2 shop .he is senoir citizen and no other income.his rental income comes 8000+15000= 23,000.
Whether he need to file IT return.
Please advise.
With regards
BINU
MY TOTAL TURN OVER IS BELLOW 5 CR. BUT I MADE EXPORT OF GOODS. SO, MY QUESTION IS AM I LIABLE TO GENERATE E INVOICE OR NOT...???
Rule 54 (1) (1A) (a) Tax invoice in special case
In above rule Tax invoice in special case mentioned
So what is mean by tax invoice in special case.
When this rule useable
Please guide.
Sir,
Please go through my below query :
I have received HRA Rs. 70800/- PA. my Basic Salary Rs. 241320 i am leaving in non metro city with Rental house, I have paid Rs. 78000/- during the financial year 2024-25
shall i eligible for claim the HRA more than i have received in salary i.e Rs. 70800/- but rent paid Rs. 78000/-.
I requested to you kindly guide me for above query
Thanks & Regards
Sanjay
I have transferred my owned plot of land to religious trust as gift without consideration, whether such transfer is taxable in my hand ?? if yes what shall be consideration
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Filing - ITR FY 2024-25