I applied for TDS return of the year 1013-14 and refund amount as per income tax has been done but i found that account number is wrongly written and i checked in the bank but koi bi amount uss other account mai transfer ni hua hai... so now aap sab tell me... what should i do.. (i also give notice to income tax department but nathing happen so plz tell me ..

Dear Sir,
There is a firm providing services like Software development, website development, etc. In A.Y 2017-18, there is a loss of 141,000. Remuneration paid to partners is 230,000. No interest on capital is paid as the firm is dissolved with effect from 01.04.2017.
There are few expenses debited to P/L which will be disallowed as per Income Tax. The amount disallowed is 40,000.
Now my question is: Whether audit will be applicable for A.Y 2017-18 ? Will partners remuneration up to the limit of 150,000 be allowed ? As per amendment for A.Y 2017-18, partners remuneration is to be excluded just for the calculation of 8% of profit ? Will tax audit be applicable in the above case ?

Can anyone tell me clearly about Section 40A(3) that what about limit of transporter's payment which was earlier upto rs 35000 but as the limit to other cash payments reduced to rs 10000 ,is there any clarification or change about transporter's payment limit

In our company, we are paying meals expenses to our employees working at our client place directly to the respective catering agency in their place. based on the number of employees without any invoice received from the service provider.

my query is whether I need to deduct the TDS and pay the service tax also?

Hello Sir/madam
I have filed the ITR -1 of A.Y.2016-17 on 12-04-2017,but I forgot to claim the deduction of provident fund.Now what is the way out to rectify this mistake as I cannot revise the return since I have not filed the original return in time ?
I have not E-verified the uploaded return yet.
THanks in advance

Dear All,


Please help me upon TDS deducted on Interest on FDS.
One of my client's father made an FD in her name 20 years back. and himself acted as nominee.
Recently FD got matured and TDS is deducted by bank. My client is not submitted her PAN while opening FD (i.e 20 years back). Now bank employees are not accepting form 15 G for non deduction of TDS. and bank is already deducted TDS from last 4 years. Bank people are saying that no pan is linked to this FD. can we submit the PAN and get back the refund. or is there any chance to get back the TDS deducted. and my client has no other income apart this Interest.

Thanks in advance

One of our clients sold shares of his private company and is investing the amount for construction of residential house property. He already has ONE house in the city in his name.
Will he get claim u/s 54F and if yes, will he also get it for the amount invested in land or only construction cost.

Please help me!
TDS calculated by my employer/headmaster is Rs. 1.8 lacs being 20% of gross Rs. 9 lacs.(3 lacs for 16-17 and Rs.3 lacs each received as lumpsum for 14-15 and 15-16 during 16-17) Previous years, no single amounts were received and hence no PAN required. Eventhough I applied for my pan card a long ago, it was not yet processed. Now my employer is going to deduct TDS@ 20% of the whole income received during the year 16-17.
TDS deducted without PAN is non-refundable.
What can I do? Whether the entire amount has to be treated as tax.
After all fault is with the delay in PAN processing- with the department itself. Hence, can I get an immunity against this action?

if client sold house in Feb 16 n deposits money in savings account till current date. now what is the consequences? tax planning

In case of partnership firm,belated return was filed for A.Y 15-16.Defective notice was received.The firm only received rental income of Rs. 144000 from its machinery and as a result PGBP aagya.Firm claimed expenses such as partners interest expenses and derpre.Now the firm filed its return under 44ad.Partners doesnt wish to pay tax.Defective notice was received as 44AD was applied and income was shown as zero and no 8% income shown.Now how to file its return so as to not pay tax ? They cannot show it under house property as expenses are claimed. One way is to show loss under 44ad.Can you help me out on this ?