if I do have agricultural land but same I do not have cultivated any thing but there is growth of grass which is due to rain whether this is an agricultural activity and can eligible for agricultural land benefit this is just an hypothetical example for clearing my concept of agricultural activity.

Hi all,

A company applied for TAN in the month of Dec 16 and started deducting TDS from said date, however, it received it's TAN on 14th Jan 2017. 

Since the company could not deposit TDS on due date i.e. 7th Jan 2017 in absence of TAN No, Is it required to pay Intrest for said delay?

Around ₹3500 is Deducted as TDS on maturity of FD from my mother bank account but we already had submitted form 15g before maturity. my mother is Resident for PY16-17 guide me how can I claim refund of that.

one of my client is a senior citizen. he received 220000/- as an interest. can he need to file it return compulsory ?

Dear Sir,

You are requested to kindly let me know in ITR -6 when we prepare return for companies, In schedule - Balance sheet, should I put Cost Figure of asset and Cumulative Figer of Depreciation in Fixed Asset section or should I put the written down value of asset and present year's depreciation in that section.

Thanking you,

we can online correct the late payment interest & 234 e default without digital signature ... my query is can we correct the default of short deduction through online correction or we hv to do by downloadng conso file n submitting to nsdl agency??

Dear Sir,

Please clarify me whether assessee can claim deduction of housing loan during under construction period.

And what if, if assessee has bought a plot of land for construction of building.
Whether cost of stamp duty, registeration exp. for transfer of land to aseesee be available for deduction in the year of purchase.

According to my opinion, yes we can claim in both the instances deduction under section 80C, since nothing as such mentioned in this section which prevent us from availing deduction.

Please let me know what u thought about my query?

A firm opted exemption under sec 44AD has to pay advance tax on or before 15th march for the financial year 2016-17.If the Tax liability is less than Rs.10000 when is the last date for payment of Income tax?

Dear Experts.,

Any restriction Cash withdrawal from Salary Account under Demonitization.
Bcoz, One of my Client's staff says to me, "Salary Account withdrawal limit Rs. 10,000/month. Is this correct Information...?

An Individual has taken loan from his employer for purchase of house. But the employer is a Proprietorship or Partnership firm. Can deduction for repayment of loan be availed under section 80C.

The major part of the salary income is gone in repayment of the housing loan taken from employer. how can the individual benefit from this...?

Pls help to compute the taxable income