@ Rishi....... ITR1, but its not salary......... its side income or other income under Schedule OS. No need of balance sheet.
New business codes
Page no : 6
Rishi
(Others)
(353 Points)
Replied 03 July 2018
sir, in this case can i mention near about 2 lac 80 thousand income under ifos?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177972 Points)
Replied 03 July 2018
Well, that is usual practice tax professionals adopt with their experience...... I don't suggest anything here; because in case of doubt, the assessee is interrogated or questioned about its ability for the earnings.
Rishi
(Others)
(353 Points)
Replied 04 July 2018
SIR, CAR HIRE INCOME FOR INDIVIDUAL UNDER BUSINESS CODE 11008, OR 11015 ?
Zubair Khan
(4 Points)
Replied 09 July 2018
HELLO SIR MERA BOOK BINDING KA KAM HAI YAHN HUM PUBLISHARS KI BOOKS KI BINDING KATERE HAI NATURE OF BUSINESS ME KUNSA CODE CHOSE KARNA CHAHIYE PLZ SIR HELP ME
Rishi
(Others)
(353 Points)
Replied 09 July 2018
SIR, GOVT. EMPLOYEE'S DEDUCTION UNDER CHAPTER VI-A IS,
NPS, G.I.S.,TUITION FEE, AND PPF TOTAL= 206454
IN MY KNOWLEDGE, DEDUCTION SHOULD BE RS. 150000
BUT FORM 16A (MADE BY EDUCATION DEPARTMENT) SHOWING RS. 200000,
PLZ CLEAR IT.
Zubair Khan
(4 Points)
Replied 09 July 2018
HELLO SIR MERA BOOK BINDING KA KAM HAI YAHN HUM PUBLISHARS KI BOOKS KI BINDING KATERE HAI NATURE OF BUSINESS ME KUNSA CODE CHOSE KARNA CHAHIYE PLZ SIR HELP ME
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177972 Points)
Replied 09 July 2018
@ Zubair Khan ........ Use '04097'
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177972 Points)
Replied 09 July 2018
@ Rishi....... Yes, including contribution in NPS (additional Rs. 50000/- u/s. 80ccd) comes to 2 lakhs.
Rishi
(Others)
(353 Points)
Replied 11 July 2018
R/ SIR, A SIMPLE "MILK DIARY" BALANCE SHEET, BANK CLOSING BALANCE IS RS. 822000, THEREFORE CASH IN HAND IS IN NEGETIVE ABOUT RS. -691417.
actually, SIR RS. 7 LAC GOT BY HIS MOM'S COUSIN SISTER THROUGH RTGS AS A GIFT, SAID RTGS PERFORM THROUGH MOM COUSIN SISTER'S SON.
CAN I SHOW THIS 7 LAC AMOUNT IN CAPITAL AS A GIFT?
Harikrushna jajal
(Accountant)
(108 Points)
Replied 17 July 2018
Hello Sir,
One of my client having income from salary, capital gain and othr sources. Alongwith this income, he also have profit of Rs. 1080 from Intraday share activity.
Please suggest me how to show intraday profit? under Speculative income?
Thnaks
Recent Topics
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
Related Threads
CAclubindia
