Here is Portfolio page of Anurag, with all his work

Income Tax Department sent a notice u/S 143 (2) to me asking -"Whether the investment and income relating to securities transactions are duly disclosed." for AY 2015-16. While filling ITR for AY 2016-17, I have wrongly selected AY as 2015-16 instead of 2016-2017. For AY 2015-16 my income under salary head of Rs 240000 /- and for AY 2016-17, my salary income is 470000/-.Due to this I have earlier got intimation under section 143(1) ,and have to pay 17000/- as tax for AY 2015-16 and again have to pay interest on income tax while filling ITR for AY 2016-17. I have complaint on this through online regarding this, they have told me to visit my Assessment officer for rectification. It is further submitted that I have trading business in stocks markets during AY 2015-16, but I suffered losses. Now, I have been served notice u/s 143(2) ,regarding income related to income from securities for FY 2015-16. What reply and evidence should be sent to IT department?
Jan. 05, 2018
Explain briefly on the topic of “Provisions versus Specific Reserves”.
Mar. 12, 2018
Hey....I am an accountant of a private limited company dealing in CCTV cameras...My company failed to pay the Working capital loan obtained from a bank. Upon banks request, we kept 1000 pieces of CCTV cameras as security for payment of debt....Now will be called as Pledge or Bailment or Mortgage or Hypothecation??
Dec. 13, 2017
Hi
I am a freelance service provider with a turnover less than 20 lakhs. I was not required to be registered for service tax. My question is, if my turnover crosses Rs 20 lakhs this year, should I be liable to collect GST on the additional amount or the total amount. (Eg for turnover of 22 lakhs, 2 lakhs or 22 lakhs).

My consultant said if I register for GST anyways, I will have to pay GST irrespective of my turnover. Is this true?

Jan. 24, 2018
What is the difference between voidable contract and illegal agreement? I am asking this because same question appeared in one of my recent exam and i was unable to answer the same? Can you please help me with the difference...
Dec. 15, 2017
How many minimum persons are required to form a public limited company?
Dec. 13, 2017
Hey...I am an individual of Indian origin...From last 10 years I have lived in US...Now I want to return to India...What will be my residential status in India from perspective of Income Tax if I return to India on 22.01.2018?
Jan. 22, 2018
Strategic professional analyze and redesign the work flows in the context of business process reengineering. Explain.
Mar. 14, 2018
What are the conditions necessary for obtaining ITC?
Dec. 15, 2017
How will you vouch and/or verify the following: (a) Consignment sales.
Feb. 20, 2018