I got charged 606 only for July month and there were no transactions in my demat account I used axis demat only to apply epos through asba however I did not get any allotment I applied for 2-3 IPOS max can I raise a dispute against this or do anything to reverse this charge pls help I am a 19 year old student😓
Hello everyone I,19M am confused whether or not i should file taxes as I run a business of buying and reselling tickets for concerts, sporting events, and similar shows, with total sales/turnover exceeding ₹30-40 lakh in the last financial year of which approx 11L is my profit, received almost entirely through UPI/bank transfers. I understand that ticket resale at a markup may fall into a legal grey zone in some states due to anti-black-marketing/scalping regulations (e.g., under state Police Acts or specific ticket resale prohibition laws). Given this, I want to understand: (1) whether income tax filing is still mandatory for this income despite the activity's uncertain legal status under other laws, (2) how this income should be classified and reported (business income, presumptive taxation under Section 44AD, or otherwise), and (3) whether disclosing this income in an ITR could create any additional legal exposure beyond the tax angle, or whether non-filing creates a bigger risk. I'd like guidance on the safest and most compliant way to proceed.
My saving account and transfers exceeds 50L in total of all bank accounts as i also invest in equity markets and apply for ipos frequently due to which tax filing becomes mandatory also i have no invoices,accounting entries,or records
If anyone can help me dm as i cannot consult the same with my parents