Dear Sir,
My query is as follows:
Mr A incurred Long Term capital loss of Rs. 520000/- in AY 2022-23. He disclosed all details in the ITR and filed it. However, during AY 2023-24 there was no capital gain or loss and he somehow forgot to show LTCLoss brought forward in the ITR of AY 2023-24.

In AY 2024-25, he has a long-term capital gain of Rs. 125000/-. Can he still show LTCLoss of Rs. 520000/- in ITR of AY 2024-25, which he forgot to show in the previous year ITR? and claim set off against LTCGain of Rs. 125000/-?

Kindly guide.
Regards,
Suraj

Sir, kindly inform the provisions/rules under which the TA on retirement to Central Government Employees is exempted from Income tax.Please specify whether all the components of TA like CTG, Transportation of personal effects and Transportation of conveyance are exempted

Hi,
My husband is a salaried employee in pvt sector.We are owning a flat now and we are planning to buy a land in a gated community. I m a housewife. I have some queries regarding related to income tax regarding this.
1. Will we have to do anything for TDS aur they will be doing the formalities?
2. Will I get housing loan as registration charge is less in case of females?
3. Can we show in ITR any one house as let out and another as self owned?
4. Within how much time house should be completed for claiming tax deduction on both interest and principal amount?
5. How much amount can be claimed as deduction every year?
6. How will we calculate pre construction period?will it start from the day we register our plot?
7. How will the tax implications be if we buy land now and construct house after 2 years taking loan for land now and home construction later?

Is there mandatory to audit of superannuation fund? Superannuation fund is approved. If yes in which section?

Happy CA Day to all Chartered Accountant .

My employer has filled my HRA component in "Total amount of any other exemption under section 10" in Part B and "House rent allowance under section 10(13A)" is 0.

When I asked finance guy to get it corrected it, he told me that govt portal is generating wrong info. I think their CA has wrongly filled the info and he is justifying it simply.

Can I face problems in future in case he does not get it rectified? He is very rude.

How can I take it up with IT department?

BILL TYPE : Supply of Goods - Regular, Bill to - Ship to

Supplier : Maharashtra

Bill to : MNC, Gujarat

Ship to : Maharashtra

Distance between Supplier to Ship to : 1.5 Km ( Actual Material Movement )

Billing Amt with IGST = 64,000/-

Remarks : 1. Material movement is only 2 km in & within Maharashtra

2. E way Bill requirement Criteria in Maharashtra is above 1,00,000/-

Question : Eway billing is required or not?

Please reply with section no. & sub section.

GST CERTIFICATE IS AVAILABLE FOR GST E WAY BILL ENROLLMENT U/S 35(2) ?
and IF available then How to Download it ???

Service Supplier provided foreign tour but deducted TDS is liable to pay GST ?

There are two sister concern companies. Company A & Company B.
One Vendor have given credit note in Company A, hence the amount is receivable from vendor.
The same vendor balance is payable in Company B. Hence the amount is payable to vendor.
So in this case can we pass internal Journal Entry from Company A to Company B, rather to take refund of credit in Company A.

Please suggest as per Income Tax Law and Companies Law.