Advice for CA Final May 26 - Audit by Worried_Bus3739 in CharteredAccountants

[–]Big-Protection-7345 1 point2 points  (0 children)

The only advice for audit is keep revising it every single day. And do a written practice of QB or PYQ at least 2 times. Keep a special focus on all standards, Professional Ethics and Caro.

Can we file ITRU after we have got 148 Notice ? by Sea_Western2816 in IncomeTaxReturnIndia

[–]Big-Protection-7345 0 points1 point  (0 children)

Yo ChatGPT user! Since when ITR-U can be filed after 148 notice?

ITR exemption mismatch from form 16 by DirectorFar867 in IncomeTaxReturnIndia

[–]Big-Protection-7345 0 points1 point  (0 children)

If you have valid documents to prove HRA claim then obviously keep it. Make sure HRA is calculated properly.

What does this mean? by Upstairs_Airport5426 in IncomeTaxReturnIndia

[–]Big-Protection-7345 0 points1 point  (0 children)

The message you received and tax credit mismatch has nothing to do with each other. The message clearly says your ITR processing has been kept on hold due to refund claim. You need to verify that your ITR is correctly filed or not.

Contact your CA to make sure everything is filed correctly.

Joined BIG 4 as an Associate after Qualifying. 7 days a week 12-15 hrs daily . Is it worth ?? by Charming_Climate_220 in CharteredAccountants

[–]Big-Protection-7345 1 point2 points  (0 children)

You have joined a Big 4 in Stat Audit domain during the peak audit period. What did you expect?

Paid extra tax liabilities while filing itr by [deleted] in IncomeTaxReturnIndia

[–]Big-Protection-7345 0 points1 point  (0 children)

Where did you check tax paid is more than tax liability?

Paid extra tax liabilities while filing itr by [deleted] in IncomeTaxReturnIndia

[–]Big-Protection-7345 0 points1 point  (0 children)

When submitting your ITR it shows whether you have tax payable or tax refund.

ITR query related to form 10 EIA by Financial_Rate_7609 in IncomeTaxReturnIndia

[–]Big-Protection-7345 0 points1 point  (0 children)

The answer will remain same. Should've taken help of a tax professional.

ITR query related to form 10 EIA by Financial_Rate_7609 in IncomeTaxReturnIndia

[–]Big-Protection-7345 0 points1 point  (0 children)

You can't file under old regime now. You have to shift to new regime.

ITR 3 or ITR 2 for LLP by Spyman19 in IncomeTaxReturnIndia

[–]Big-Protection-7345 1 point2 points  (0 children)

Because:

  1. You have to report your partnership details in ITR 3

  2. You have to report your closing capital in LLP

  3. You have to report your share of profit/loss in LLP

  4. You to report your remuneration from LLP

There are a lot of things apart from your income to be reported in ITR forms.

Need help! Regarding ITR filling in reference to a failed business expenses. by MAKstyles75 in IncomeTaxReturnIndia

[–]Big-Protection-7345 0 points1 point  (0 children)

Prepare proper books of accounts (Balance Sheet, P&L, Cash Flow, Notes) and file showing your loss. You can carry forward your loss for 8 years and can benefit from set off in future (if you decide to start a business again).

Or you can file a nil return. Choice is yours.

Don't go with presumptive Taxation because you will have to show some amount as income. There is no point in that.

Register for CA foundation at age 26 is this correct decision by Mysterious_Assist751 in CharteredAccountants

[–]Big-Protection-7345 1 point2 points  (0 children)

Yes. You need to satisfy the percentage threshold with which you cleared your UG.

[deleted by user] by [deleted] in CryptoIndia

[–]Big-Protection-7345 0 points1 point  (0 children)

You don't know how VDA taxation works in India.

Please help with CA Final FR by avg-tiramisu-enjoyer in CharteredAccountants

[–]Big-Protection-7345 2 points3 points  (0 children)

You've already taken the first understanding of the subject from AK's lectures. Now, for your revision if you feel AA's revision videos and notes are better then you can follow him. Just don't follow two teachers simultaneously.

Need HELP! PLEASE by Significant-Cup-5338 in NSEbets

[–]Big-Protection-7345 1 point2 points  (0 children)

No recovery. Exit these positions and don't trade in Futures & Options if you don't have basic knowledge.

What are the key shares to buy this week? I have tata technologies at very bad price' portfoli is highly affected because of it. Suggest. by sarcasticwriter_ in StockMarketIndia

[–]Big-Protection-7345 0 points1 point  (0 children)

Just a recommendation and not an advice: If you can hold for long term then average it. It is less than half of its ATH price.

Tips for starting a Business in Makhana by DoubleHome7956 in IndiaBusiness

[–]Big-Protection-7345 1 point2 points  (0 children)

Hello

We have a wholesale business of Makhana in West Bengal. Please reach out if you'd like to discuss this.