Two Question -
1. Do we have to file any separate form for refund claim under income tax act or filling ITR is sufficient?
2. What is the time period of claiming refund? (One of my client who is an insurance agent has not filled his ITR since last 4 year,but tds has been deducted from his commission by LIC however his total income is below exempted limit. For how many years can i claim refund)

sir I have to ask that I am a salary person and small business I have so which type of income form will be filled by me ,plz tell me sir

Sir An individual is a partner in 2 firms which are in tax audit.he is also a proprietor of his own business which have gross receipts of 67 lakhs.now I wud like to know if his proprietorship automatically cums under tax audit because he is a partner in a firm which is under tax audit.

Dear Sir,

Please take a note that, i am freelancer and earning of Rs. 15,000/- monthly.
Please guide which ITR file for income Tax return.
i have only one income source

i am waiting your reply.

Regards
Rajnish

Intérest paid by SBI not matching with that of 26 AS, by more than one lakh by one the SBI Branches. Bank authority agreed the mistake. It will take time to correct. If not corrected before 31st July, I have to pay Rs.25000/- extra tax. What to do?

I am a business person & I have already submitted my online response at my portal for cash deposits after 8 November.

I have received a fresh mail from IT deptt regarding submitting response for deposit in same account for which i have already submitted response to.Also in my portal they have summed up total amount more than my actual deposits.
What should i respond now ?

Please share meaning of Turnover for the purpose of section 44AB Will it include VAT.

Hello....

The Query is that.... If an Assessee during FY 16-17 has Salary Income and Income from Intraday Share Trading and from Short Term Capital Gains from Shares then he will have to File ITR-3 as per new ITR forms for AY 17-18 disclosing salary income and speculation business income (from intraday trading) and short term capital gains ????

In such a case what will be the turnover for speculative business income (Intraday Trading) ??

I have booked an apartment and for installment that is paid to to builder as the buyer I have deducted 1% TDS, hence my 26AS shows enteries under Part F. In 26AS Part F - Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA(For Buyer of Property) My question is. When I file the IT returns, Do I have to mention these details in the ITR 1 form , If I have to then under what section should I mention them, since I am the buyer of the property.

Thanks,
Ritesh

ABC & Co. a partnership Firm Having a profit before remuneration is Rs.36000 and Rs. 36000 is distributed as remuneration to the partner. Therefore profit after remuneration is 0. Is the partnership Firm is required to get its accopunt audited U/S 44AB.