my client instead of deposit self assessment tax in challan 280 but he deposit self assessment tax in 282 as voluntary disclosure scheme mistakenly...now what shud i do to correct it??
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DEAR,
I HAVE A LTCG ON RESIDENTIAL PROPERTY. I WOULD LIKELY TO PURCHASE OF MY NEW RESIDENTION FLAT IN MY JOINT NAME.
IN FIRST NAME OF MY MAJOR SON AND SECOND OF ME. SO QUESTION IS THAT SHOULD I HAVE CLAIM EXEMPTION U/S. 54
THANKS
Whether professional charge paid to a partner by a firm otherwise than in the capacity of a partner is allowed under income tax Act or not?
Answer nowwhat are the ways to invest the money received by selling commercial property
Answer now1. Who are all fall under " Tax Audit "? (e.g:. Individual/HUF/ Firm)
2. If a Person falls under the preview of Tax Audit, what happens if he is not maintaining the Books of Account for the Financial year? how can it be justified?
Dear Sirs,
We filed itr for fy 2014-15 and 2015-16. But due to negligence not e-verified the same.
Now can we again re-file the same or how it will be e-verified.
Rgds
Sir, Rental income derived from the unsold flats which were shown as stock in trade in the books of the assessee should be assessed under which head??
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Dear All, Please note i have taken a Flexi loan facility(pay only interest on used amount) on the basis of my Salary for 15% . I intend to give the amount say Rs.5.00 lac and charge 16% from her.She will be investing/trading in shares.
1. Shall i show interest income (16-15) in my returns.
2.Did she can show the interest paid to me as expense for his Share trading business.
when a assessee required to apply TAN Number. Is their any limit define under income tax act 1961,if yes than specified
Answer nowdear sir l receive demand letter from income tax department for digference of tax credit with 26 as and form 16. what i do please help
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income tax self assessment