Kishore

TDS Deducted by Employer based on investment declaration from employee in the beginning of the year but in the middle of the year employee left the job and he has not provided any investment proof. in this case is there any penalty on employer for deducting tax based on investment declaration given by employee? In any way employer will be responsible for short deducted or excess deducted of tax based on investment declaration given by employee.

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Anonymous

Hello Sir/Madam,

An individual has the following details for FY 2014-15:
1. Gross tax liability: Rs.70938/-
2. Relief u/s 89: Rs.50755/-
3. Total income tax liability: Rs.20183/-
4. TDS: Rs.26199/-
5. Refund:Rs.6020/-
His only fault is that he filed his income tax return ITR-1 late in March 2017.
Is he liable to pay interest u/s 234A, 234B and 234C.
I strongly believe that is he not liable to pay interest under any of these sections.
Please reply as soon as possible.

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Rajat
29 June 2017 at 21:21

Claiming TDS of previous year

I have filed income tax return of previous years but forgot to claim tds deducted in those years. Can I claim tds deducted in those years in the ITR of Ay 2017-18??

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anash
29 June 2017 at 20:21

what is capital gain implications?

Suppose party X sold non agriculture land to Y, party Y has divided this land in to small plot and Y sold this land to party Z, party Z has build 3 floor duplex. In the above all this transaction actual sale deed was not created. now party Z sold this 1 floor to party A. & sale deed created between party X and party A. Now my question is that what is tax implications on party X.

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Mayank Gupta
29 June 2017 at 19:24

Name change in pan card

My father needs to change his name in Pan Card. His name is Shailendra Gupta but in Pan they accidentally made it Surinder Gupta. His Aadhar Card and all school, college certificates are under Shailendra Gupta. How can he change name in Pan?

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kamni
29 June 2017 at 17:12

ITR

One of my friend deposited 2.40 L cash during demonetization.When she filed her ITR, she forgot to mention that cash deposit.She has mainly income from other sources. Now what to do...pls guide.

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CA Revanth Bharathwaj M
28 June 2017 at 21:41

Perquisites deductible?

Hi, my query is whether the employer who provides perquisites like rent free accommodation, credit card etc is eligible to deduct the same in his return?

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Abhishek Roy Choudhury
28 June 2017 at 21:24

Aadhaar linking

Dear Sir,
If a person was unable to link aadhar number with his PAN within 30th June'2017 in Income Tax Portal, can he do the linking process in July'2017 or not.

Thanks,
Abhishek.

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Rajubhai Rathod
28 June 2017 at 18:03

Self assessment tax

Hi !
I am Government employee. our office have deducted advance tax from my salary about 10000. When I have tried to file ITR-1 on 23th June....It was showing that I need to pay more 170 as per my total income. So I have paid Self Assessment Tax 170 online same day and filed ITR-1 but in that form it was showing 170 Remain to pay. I have paid it but it was not appear that day on income tax site....Now in status its showing that I have paid but in my ITR-1 it's not showing....I need to file revised form or I don't need to do it ?
Thanks

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Anonymous
28 June 2017 at 17:51

Tax return

can I fill 3 year old tax return today. if yes how?
How banking system verify tax return???

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