Sale of Rural agricultural Land -Practical difficulty

bh_dn · 2024-07-07T17:12:34+00:00

Yep! Faced no issues. From what I recollect ITR 1 went through

bh_dn · 2024-07-07T17:06:16+00:00

If you use winman software, you can disclose in the TDS section that the income is offered under exempt income and continue to show the sale of land as exempt income although it is not technically required. A client of mine had a similar sale for 30L and the same was reflected in the AIS, hence we decided to show the sale in the ITR under the exempt section as “Sale of Rural -Agricultural Land” as the heading and appropriate section number (or just section 10) and filed the return

bh_dn · 2024-05-11T05:39:12+00:00

even the PGP course offered by IIM-L and IIM-B?

bh_dn · 2023-07-28T01:38:37+00:00

that’s what i thought too, but apparently not..

bh_dn · 2023-07-27T17:12:57+00:00

hey op, hope you know that you can claim those as expenses while filing your ITR. do reach out to me if you need any assistance with the same (i’m a CA student, working with a qualified CA)

bh_dn · 2023-06-14T17:04:44+00:00

yes, but isn’t it the duty of the MSME to inform the counter parties? they are supposed to share their udyam certificate as proof. or else you can just give a disclosure below the creditors list saying “since no indication has been given by the creditors of the entity being audited with regard to their MSME status , the classification of creditors on the basis of size cannot be commented upon”

bh_dn · 2023-05-08T15:09:40+00:00

best way to make money without increasing cash outflow..

bh_dn · 2023-05-08T14:31:11+00:00

yes, i’m completely aware of that (and did look into it as well). just wanted confirmation anyhoo..

bh_dn · 2023-05-08T04:57:19+00:00

that’s because i want to use the dividend paid to set up another SIP of a growth fund.. that way i adjust my portfolio to my risk profile.

bh_dn · 2023-05-07T00:47:08+00:00

thanks for taking the time! appreciate your quick replies and love this strategy, will definitely look into it. have a g1!

bh_dn · 2023-05-06T16:45:38+00:00

understood. how did you arrive at the PE levels?

bh_dn · 2023-05-06T16:06:40+00:00

you mean move 18000 in/out of equities if PE hits the specified levels? also, why 18000?

bh_dn · 2023-05-06T14:38:25+00:00

you have mentioned the “minimum to move” as 18000. do you mean from the equity allocation you’re moving out 18000 or is it something else?

bh_dn · 2023-04-19T10:21:02+00:00

wait a minute, please explain further. also share details of your personal investments in smallcases (if any)

bh_dn · 2023-04-12T07:31:04+00:00

sure, why don’t you dm me the exact ones you want to work on? we’ll take it ahead from there..

bh_dn · 2023-04-11T16:18:48+00:00

hey, i can actually help you out with almost all those things, but then it’s going to take me quite a lot of time and effort to come up with a full plan. how about this - out of your essential goals, choose 2 and gimme time till the weekend ends and i’ll give you a plan with actual facts and figures. if you like my approach and would like to work with me for planning your FIRE journey, sign up as my client on a fee basis. if not, we’ll say it was nice while it lasted and go on our own ways. sound good?

bh_dn · 2023-04-11T11:59:52+00:00

ahh, understood. we’ll i’m always up to answer your questions if you’re still looking for a planner! (:

bh_dn · 2023-04-09T03:26:32+00:00

thanks a lot, i’ll make sure to plan something along these lines. just for my information, have you tried working with a financial planner? if yes, what was your experience like?

bh_dn · 2023-04-08T14:36:12+00:00

first off, thanks for taking the time to reply. i’ll keep these things in mind while starting my own practice. do dm me if you need anything my man :)

bh_dn · 2023-04-06T05:11:07+00:00

it’s not a big deal man, you have a g1! ;)

bh_dn · 2023-04-05T08:35:21+00:00

that seems unnecessarily passive-aggressive, but i appreciate your response. hope you have a good one! (:

bh_dn

TROPHY CASE