S
Shivam Gupta
I have done internship from May 2021 till July 2021. What is my Assessment Year and Financial Year? Do I need to fill ITR now?
If your income is above Rs. 2,50,000/- then you need to file your ITR for FY 2020-21 (i.e. AY 2021-22). For more information, kindly connect with us at +91-9911744028
CA Puja Sharma 24 Dec 2021No your relevant return for reporting the internship income will be FY 2021-22 and AY 2022-23 (April 21 to March 22)
T&C applyN
Nandeesh
Hi I have long term capital losses from last year , around Rs 84,000. And
If I file ITR2 this year without adjusting this 84k, will I be able to adjust same next year or will it get lapsed. ( reg..carry forward upto 8 yeras )
This year I have income only from capital gains of shares and mutual funds, no salary /other income
Total - 217000 which below basic limit 2.5 lakhs
(Long term – Rs 120,000 - Short Term 97, 000 )
Adjusting this year is not beneficial for me as it is less than 2.5 lakhs limit
Thanks in advance
A
Ashu
I am salaried employee, I have done freelancing also part time, have market shares(only losses for 2020-2021), got dividend, got money from foreign by doing freelancing, have bank saving interest and have company joining bonus? Which ITR should I file 1 or 2? and in all these which is taxable ?
File ITR 3 for loss benefit. For more queries, you can connect with us at ca.pujasharma@outlook.com
T&C applyP
Partha
I have got a project recently. I will be providing IT managerial services for an India company but my employer is in UK. Iam supposed to work as a freelancer through my own company in India. I will get paid from UK on a monthly basis so Should I file for a GST kind of a service company or service tax based service company if so how do I register online for one and how do I pay taxes any sort of direction and links will help.
You might need GST registration for your freelancing business. Please connect with us at +91-9911744028 for more clarification.
T&C applyJ
Jay
Should non-paid founders in the early stages accrue their theoretical compensation and make it a debt for the company?