Here is Portfolio page of Pratul, with all his work

What are the conditions necessary for obtaining ITC?

Dec. 29, 2017
Tele-shopping is an instance of direct marketing. Is it correct?
Mar. 16, 2018
Hi

I had been in some financial difficulty for quite a long time. To help me out, my friend deposited cash 15 lakhs in my account. I have a few queries, kindly answer these:

1)Is this amount taxable in my hand?
2)If yes, how much tax I have to pay?
3)How should I describe this fund-Gift from a friend?
4)whether I have to obtain a written document from my friend stating that he has gifted rs 15 lakhs to me.
5)I had not paid any advance tax-what will be the interest on tax?
6)Will IT Dept.slap any penalty?
7)All deposits are in cash-will it attract the provisions of IT ACT Sec 269SS
Jan. 04, 2018
We used 44ADA in ITR3 and it got defective. Error code 181. We wanted ITR4 for 44ADA, but had to go with ITR3 because of capital gain. Now I have 3 questions regarding this problems Question 1: Do 44AA and 44ADA apply in parallel under certain circumstances and conditions?
Question 2: If answer to question 1 is YES, what are these circumstances and conditions?
Question 3: If answer to question 1 is YES, then for professionals who are eligible for 44ADA, if professional income is declared under 44ADA in ITR3, then detailed BS and PL have to be filled in ITR3?
Please solve my queries as soon as possible
Jun. 08, 2018
.......I am planning to invested in a sole proprietorship business for 10% return monthly. I will be getting a legal agreement containing all the terms regarding the investment and its return policies. My doubt is , since I am not an financial institution, am I legally eligible to do such investments. Can I show the income source of 10% while doing Tax filling? Thanks in Advance
Jun. 08, 2018
What will be the place of supply if the goods are delivered by the supplier to a person on the direction of a third person?
Dec. 27, 2017
Is it my responsibility as an auditor to detect fraud and errors within my client's entity?
Feb. 06, 2018
Can you please ascertain the date of maturity of a bill payable 110 days after sight and which is presented for sight on 6th May, 2017.
Dec. 13, 2017
.....Mr. Sagar retired on 1.10.2017 receiving ` 5,000 p.m. as pension. On 1.2.2018, he commuted 60% of his pension and received ` 3,00,000 as commuted pension. You are required to compute his taxable pension assuming: a. He is a government employee. b. He is a non-government employee, receiving gratuity of ` 5,00,000 at the time of retirement. c. He is a non-government employee and is not in receipt of gratuity at the time of retirement.
Dec. 08, 2017
...I have doubt about income tax return for the financial year 2015-2016 which i forgotten to file it and i have to file it before march 31st. During that financial year ie., 2015-2016 out of 365 days in that financial year, i was posted in Oman country on deputation basis from my company.From june 16th 2015 to march 31st 2016 i have worked in Oman and got the salary for that period from that company. Whether i have to show that income which i have earned during that period. If so how should i have to file the return. I will not be getting my form number 16 for the financial year 2016-2017. Which form i have to file the income tax return for the financial year 2015-2016. Please guide me.
Jun. 08, 2018