Itr 4 vs itr 4s

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Dipen Thakkar

Dipen Thakkar (Querist)
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22 July 2015 What is the difference between ITR 4 & ITR 4S?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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23 July 2015 https://www.caclubindia.com/articles/filing-itr-of-ay-2015-16-24379.asp

Check out from article from above link.

Rupesh Jain

Rupesh Jain (Expert)
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23 July 2015 ITR-4 FOR SPECIFIC CATAGORY OF PROFESSION AND BUSINESS AND ACCOUNTS REQUIED U/S 44AA

AND ALSO REQUIRED TO AUDUIT U/S 44AB

ITR-4S FOR PRESUMPTIVE INCOME CASES

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Dipen Thakkar

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28 July 2015 Thank u,

I have a two more question,

1) Nil TDS Return is compulsary?
2) If i paid Single Premium Policy as Rs. 30000/- for the FY. 2014-15 then how much amount mention in u/s 80c for Salary Return?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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28 July 2015 1) No. Just submit online declaration for non filing of Statement @ TRACES.

2) You can get deduction of 10% of sum assured or premium paid whichever is lower.

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Dipen Thakkar

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28 July 2015 Thanku sir,

any link for online declaration, if u have please provide...

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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28 July 2015 Check out "Declaration of Non Filing of
Statements" from link given below:

http://contents.tdscpc.gov.in/docs/e-Tutorial-Declation%20for%20Non%20Filing%20of%20Statements.pdf

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Dipen Thakkar

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30 July 2015 Regarding 15G/15H

Sir,

I have a commission income & My income is not taxable. Now one pvt company want to deduct Tds against my commission income. Can I give him 15G? because i got 2 different answers from 2 different CA's. One said you can give & another said you can't give.

Please give reply..

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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30 July 2015 You can not give 15G for Commission Income. TDS is deductible on commission Income u/s 194H which is not covered by 15G.

Please refer section 197A(1) & 197A(1A).

Link:

http://www.incometaxindia.gov.in/_layouts/15/dit/Pages/viewer.aspx?grp=Act&cname=CMSID&cval=102120000000041134&k=&IsDlg=0

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Dipen Thakkar

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31 July 2015 & If I have Interest Income against 194A then also your answer is same as above?

Thanks

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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31 July 2015 For 194A you can give form 15G.

Dipen Thakkar

Dipen Thakkar (Querist)
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31 July 2015 But Sir other Experts said that You Can't give, Only it can be given to Banks against TDS on Interest Payment.

So, I am confused......

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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31 July 2015 http://taxguru.in/income-tax/points-remember-submitting-form-15g-15h.html

Check out Article from above link.

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Dipen Thakkar

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01 August 2015 Thank U................................

Dipen Thakkar

Dipen Thakkar (Querist)
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06 August 2015 My Party has a Online Trading Business, Now, Snap Deal give Invoice to my party as below amount,
Packing Facilitation Fees - 1334.00
Payment Collection Fees - 3356.00
Marketing Fees - 14600.00
Courier Fees - 7554.00
Service Tax @ 14% - 3758.00
Total Amount - 30602.00

Now, let me know TDS amount?
In which amount I have to deduct TDS? Thanks

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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06 August 2015 Deduct TDS on total amount u/s 194C.

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Dipen Thakkar

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07 August 2015 Sir, I want to learn Income Tax Return Filing (ITR 1,2,4) Wat i do?

Please let me know?

Thanks

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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07 August 2015 https://www.youtube.com/watch?v=byabyM4NVds&hd=1

Check out video from above link. You will also get many others video tutorial on you tube.

Dipen Thakkar

Dipen Thakkar (Querist)
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27 August 2015 Hello Sir,

Please let me know what is the advantages & disadvantages of Income Tax Return Filing.

Thanks

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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28 August 2015 There is no advantage or disadvantage as such. It is a requirement under the Tax Laws. We should file return and pay taxes regularly and correctly on our income.

PAY TAX KARO RELAX.

Dipen Thakkar

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24 September 2015 Sir,

I have a Question,

Every Year we transfer Profit amount in our Capital..Then i want to know wat is the benifit if my capital is increase every year.