Here is Portfolio page of Sanjay, with all his work

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Hey....I receive income under Section 194J...I am an advocate and I render professional services to my client...I had opted for presumptive taxation scheme under Section 44ADA and filed ITR 4S for presumptive taxation...Few days back i received notice under section 139(9) stating that my return is defective...In the return i had mentioned business code as 0703-consultancy service..In the notice, error code 89 is mentioned...What shall i do now??

Jan. 04, 2018
.....Mr. X purchases a house property in December 1993 for ` 5,25,000 and an amount of ` 1,75,000 was spent on the improvement and repairs of the property in March, 1997. The property was proposed to be sold to Mr. Z in the month of May, 2006 and an advance of ` 40,000 was taken from him. As the entire money was not paid in time, Mr. X forfeited the advance and subsequently sold the property to Mr. Y in the month of March, 2018 for ` 52,00,000. The fair value of the property on April 1, 2001 was ` 11,90,000. What is the capital gain chargeable in the hands of Mr. X for the A.Y. 2018-19?2001-02 100 2006-07 122 2017-18 272
Dec. 08, 2017
I have been in India from oct 2015, I have not purchased any assets after that. After a year later I got a job in october 2016, at a salary of rs.40000 per month, they have deducted TDS not mentioning the amount deducted, Now june 2017, I went a to the auditor because Since I got job in india, stating rs.8000 as salary total no breakup given. The auditor told he will charge rs.2000 per year. Without NRE account involvement. Do you think it is reasonable.

Jan. 08, 2018
When do I have to reverse GST credit?? Please tell me the situations.
Dec. 21, 2017
When does a partnership firm get liable to mandatorily audit books of account?
Hi
I am an active partner in a partnership firm. My firm operates from an office on rent and has a tenacy agreement with the owner. This agreement stipulates that the firm deduct TDS from the rent payable(around 2.2 lakhs per annum). Can we argue that our Books are not audited and TDS not applicable?

And finally, When is a person running a business not liable to deduct tax at source for the rent paid by him for his office.
Jan. 08, 2018
Please let me know what are the auditor’s responsibilities in respect of corresponding figures?
Aug. 30, 2018
I am a resident Indian trader. When my trade suffered losses, I have known to take sums of money from my parents and my wife's parents in cash over the period of one year. I know that any gift from a relative is not subject to income tax. But how do I have disclose this amount in my ITR without paying tax on it?
Jan. 08, 2018
Income Tax in India: If I get money from my tax-paying parents that I invest in fixed deposits. Can I request banks via 15G not to deduct the TDS on the interest I earn?
Feb. 06, 2017
How does SA 570 define the concept of going concern?
Apr. 04, 2017
I had instructed Suresh, a transporter, to send a consignment of apples to Mumbai. After covering half the distance, Suresh found that the apples will perish before reaching Mumbai. He sold the same at half the market price. Now can i recover the full price of Apple from Suresh ??
Dec. 13, 2017

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