I not filled a NIL return for the AY 2015-16. Can i will filled the NIL return in the AY 2016-2017 for the AY 2015-2016 with penalty.

In case of depreciable fixed asset on which depreciation is availed is converted into investments and post 3 years of such conversion the investment is sold, whether the gain arising would be long term or short term and also the cost to be considered should be book value or cost of acquisition of property.

Please explain
Thanks

whether we need to deduct tds on maintenance charges, if so where in the act this provision is related ?

sir one of my client have sales tax reg. I need to surrender this reg before this March so can I need to entrol GST portal now ?

whether 500000 limit see before deduction or after deduction

In response to return filed ITR 4, I have received mail from income tax dept. that in response to notice u/s.139(9), details needs to be furnished. but at income tax site, under e file , its showing as no records found. now what is to be done next as details needs to be furnished within 15 days.

Hi My brother paying rent more than 1 LAC per year whereas his Land lard doesn’t have the PAN card but she is agreed to sign the “No Pan Card declaration form”. However in his office it was not accepted and informed him back that PAN is compulsory. Here below they have given the government document, what I would like to know is – Since our company is accepting the “declaration form” there should be some amendments added to that. Can you check and confirm if it so any. It would be really appreciate if you get the official document for that.

my uncle had a bypass surgery. he got mediclaim reimbursement of all his medical expenses.. Also he got extra amount of Rs.50000/- as critical illness benefit. whether this 50000/- is taxable or whether it is exempt income..?? plz guide me as per income tax act 1961 with section.

During December 2016, I have deducted the following amount as TDS :

Rs. 1,20,526/- u/s 192
Rs. 12,000/- u/s 194 C
Rs. 13,500/- u/s 194 J

Total Rs. 1,46, 046.

Now my question are :
(a) Can I deposit the whole amount i.e Rs. 1,46,046/- in one challan ?
(b) If yes, then in filling up Challan No. 281 what I have to select under " Nature of Payment" since I have deducted TDS under 3 sections namely 192/194C & 194J.
(c) Or I have to make payment in three challan i.e separately for section 192/194 C and 194 J and amounting Rs. 1,20,526 , 12000 and 13500 respectively.

Please suggest and thanks

Will the compulsory acquisition of agricultural land in urban area attract capital gain?
What if
1. the land is not in urban area or
2. land is not agricultural?