Diksha Jain
23 January 2017 at 19:51

return filling

if I want to file return n want to apply for pan at the age to 70 Years n we don't have 10 the marksheet what we have to do.

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SALMAN
23 January 2017 at 09:19

can tds deduct yearly on commission

hello sir, my query is about tds. I want to know that in proprietorship firm sale turn over over 5 crore. and we give commission on sale. than we should passed entry yearly or quarterly and TDs deduct yearly or quarterly..plz help me out.. thanx

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Himalay Reddy

Every individual is allowed to show savings up to Rs. 1,50,000/-. But I have savings only up to Rs. 1,00,000/-. So for the rest of the amount i.e., Rs. 50,000/-, can I fill it up with the interest and the prinicipal of the education loan of my child? I am aware that I can use the interest, but please let me know if I can avail the exemption for the principal amount of the education loan too...

Thanks a lot,
Madhuna

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sagar
21 January 2017 at 18:25

About TDS

i have made advance payment for profeasional fee s lets say Rs.10cr , and i have deduct the TDS on the same amount @10% U/s 194J and 9cr transfered to the service provider , after 20 day he reject contract for providing professional service and returned 9cr to me ... so how can i claim TDS of Rs. 1cr which i have deposited in to the govt.account....and now i dont have any TDS liability to Adjust the same .so i need your feed back for the same ..

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Anonymous
21 January 2017 at 17:08

Gifted property- taxability

sir,
I donated flat as gift( flat- house at hyderabad) to my sister( married). My question is at what value the asset is to be shown in income tax returns of my sister. As per Gift deed registered the value is Rs. 5,00,000.

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Anonymous
21 January 2017 at 10:17

Notice u/s 142(1)

i have received notice us 142(1) for the ay 2015-16. you are requried to prepre a true and correct return of your income of a.y 2015-16 in respect of which you are assessable under it act 1961 during the previous year relevant to the assessment year mentioned above. and also mentioned it should be duly verified and signed in accordance with the previous of section 140. pls suggest me what i do?????????

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CA Shyam Agarwal
21 January 2017 at 09:35

Sec 195

Dear Experts
A private Co made a payment of Rs. 121 lakh to foreign co. in advance for supply of plant and machinery. Please tell
1. Any TDS is deductible u/s 195
2. Any form is applicable for remittance of money (15CA or 15CB)
3. Whether any other provision of IT act is application
Thank You

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Ravi kumar
21 January 2017 at 09:28

Form 16 for home lone

Dear Sir
i am working with pvt ltd co salary around 22k but not any deduction like TDS. now i require form 16 for home lone purpose how to get it

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pooja Garg
21 January 2017 at 09:25

Purchase of flate in cash

Hi,

My question is I have purchased the house on full payment of cash and i do not file in IT return. So I wnat to know that Return file is mandatory and how to show house in my books

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Ria
21 January 2017 at 07:21

dedn

in sec 80jjaa if emoluments paid otherwise than cash in case of first yr of new business. is it allowed?

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