Hello,

One of my vendor has changed the name of their firm from XYZ to ABC and consequently changed the PAN. We have already filed eTDS returns for last year and this year Q1. Now they have requested to change PAN in last year returns as well this year Q1 ?

My question is shall we entertain such request ? Secondly even if firm has just changed the name, Do PAN number also change ?? Please advise at earliest.

Thanks

Company has receievd GTA services/Freight Bills amounting to RS. 450000 (Break up: 95000+45000+75000+75000+46000+54000+55000) for 1st quarter of FY 17-18 i.e april 17 to june 17.
The GTA provider has mentioned PAN NO on bill and moreover he has given undertaking of not having more than 10 Vehicles during the year.
I had deducted tds @ 1% on GTA for proprietorship. but the GTa has argued to refund the same and asking for reason of deduction.
i have replied that since the value of services provided by GTA is more than Limit under 194C and to on safer side i have deducted TDS.
Please reply in light of related provision of the IT Act, What is to be done and what is proper way of booking such expenses.

What to do, in this case: - Return filed for AY 16-17 - Received Notice under 139(9) - Not responded - Return showing invalidated, and there is no option active to file return in response to 139(9). Please suggest what to do. Is filling a new return without any reference to earlier will be ok? or any other response is required. Thanks.

Dear Sir,

I am running a Gym centre and on an average the fee collection is Rs.60000/-pm(Gross). Now I want to file my ITR.

What is the percentage of income i have to declare as per Income Tax rules and how to determine.

Please share if any format to calculation the income and tax calculation.

Respected sir,
One of my client is an insurance agent associated with L.I.C. of India. In F.Y. 2016-17 he received an amount of Rs. 2,00,000/- towards gratuity. Whether it is taxable or not ? If exempt, then under which section ?
Please guide.

With regards

I received the money from my son for credit of savings bank account. This amount was given as advance for purchasing a flat. subsequently the plan was changed and the booking of the flat was cancelled. The builder also agreed and assued the refund of the entire amount. What will be the impact of the refund amount in my savings bank account and the IT implications.

I would also like to send the amount to my son who is in US,

Kindly suggest ways and means for the above .


chandrasekhar

Dear Experts, I already filed by Income Tax Return for the Financial year 2016-17 and i have Tds refund in that return.When can i get that TDS refund amount from IT Department.

hello sir, i want to ask that i have a case of salaried person in a govt employment they deducted her TDs & give form 16 also. on the basis of that she filed a return but in 26 AS TDs not shown in her a/c so the demand has arised from CPC for the difference of TDs amount. so i want to know how can i response online & whether i have to response in a grivience column ???

Dear all, she is housewife no other income. only FD Income & Interest. First time ITR filling. i suggest Her ITR, 2 Year filling of new ITR filling. Right or wrong

Mr. A accepted a loan from Mr. B of Rs. 2.00 lakhs in the Apr 2016 and in the month of Jan 2017 Mr. B asked him to pay his LIC dues. Can Mr. A pay them. Whether provision of Sec 269T applicable and result in penalty u/s 271E? Receipts and Payment are through Account Payee Cheque.