1. 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??

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

dear 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

I AM A RETIRED INDIAN RAILWAY EMPLOYEE.WHILE IN SERVICE I USED TO CLAIM TUTION FEES AMOUNT WHICH I SPENT ON EDUCATIONAL OF MY CHILDRENS BY SUBMITTING THE FEES RECEIPTS TO THE EMPLOYER. NOW MY CHILDRENS ARE STILL STUDYING SO CAN I CLAIM THEIR TUTION FEES AMOUNT U/S 80C ? IF YES THEN WILL I NEED TO SHOW IT DEPARTMENT ANY PROOF?

bike sold above 10 Lacs outside India(export) will we deduct TCS on the same?

Sir,

I’ve paid the Medical Insurance premium for 2 years and availed the policy in the month of March 2015.
Period of policy – March 2015 to March, 2017,
Premium – 11,171/-.

Last year, I have taken the benefit of Nill.

Will I be in a position to claim this year the Total Amount

hi..... an assessee has availed possession of the only occupied property in the current year. he has opted to declare this as let out property and declared the rent income of the same. whether he can avail the benefit of stamp duty paid on possession of the said flat as deduction from the rent income kindly advise