SIR.
I HAVE FILED INTIMATION REQUEST OF PAST ITRs.... BUT ONLY ONE INTIMATION IS BEING SENT BY THEM....ALSO RECTIFATION STATUS IS SUBMITTED STILL NO ACTION IS BEING TOOK PLACE......FOR OTHER ITRS NOT EVEN INTIMATION BEEN SENT.
WHAT TO DO NOW?
hello experts, one of my friend not filed income tax return for the assessment year 2014-15. But he has TDS 13000 for that year. he want to file return now. can he file return now? can he file return u/s 142(1)? can he get TDS refund? or give me a suggestion.
Answer nowWhile preparing Balance Sheet as on 31.03.15 the position of one asset was as follows :
Depreciation @ 6.33% on S L M was provided on following fixed asset
Original Cost Rs.2,17,532/-
W D V as on 31.03.14 Rs. 97,790/-
Salvage Value Rs. 10,877/-
Life of Asset 8 years
Life used till 31.03.14 8.70 years
My question is what should be W D V for above asset as on 31.03.15 and what amt should be adjusted with retained earnings ?
AN ASSESSEE HAD NOT SEND ITR V FOR LAST 5 YEAR TO CPC. AS A RESULT HE HAS NOT GOT TAX REFUNDS. NOW JUST WE SEND THEM ALL AND GOT RECEIPT CONFIRMATION AT CPC BANGLORE,
NOW WILL THE ASSESSEE ASSESSED AND WILL GET TAX REFUNDS ?
DEAR SIR / MADAM
I am filed itr 4 but selecting wrong section. i am selection 142 (1). and after e verifying itr i am received letter from cpc banglore office that your itr is forward to income tax officer. But i am not received any notice form income tax dept. please suggest me what happend in this case it is a big mistake if there is any penalty because i am filling income tax return for AY 2014-15
The party has purchased and sold the property during F.Y. 2012-13. Nothing has disclosed in the books of accounts. Now how to disclose the amount in I.D.S. Shell he pay 45% on total amount recd and closed the matter. Please advise.
Thanking in advance.
K.B.Nagesha Rao.
9448826793
sir i want to know that what is major differences between inquiry and proceedings under income tax law
Answer nowDEAR FRIENDS, ONE OF MY CLIENT HAS SUBMITTED HIS ORIGINAL RETURN FOR AY 15-16 ON 3 JAN 16.....IN WHICH HE FORGOT TO CLAIM TDS. THIS RETURN IS SHOWING A STATUS UNDER INCOME TAX WEBSITE AS 26/01/2016 ITR PROCESSED NO DEMAND NO RETURN AFTER THAT ON 08/03/16 HE HAS SUBMITTED REVISED RETURN TO CLAIM TDS AMOUNT...NOW STATUS REFLECTIN IS 24/03/16 ITR V RECEIVED.. I WANTS TO KNOW WILL HE GET HIS REFUND OF TDS...IS THERE ANY WAY.....TDS AMOUNTS TO RS 18000.
How to create HUF having dad ,mom , son and daughter as its co parceners and members ? And wat all could be dat HUF's source of Income
Answer nowI Received defective return with ERROR CODE 31. I filed ITR 4 (Revised Return) with No Accounts case. I have TDS. I claimed total TDS on My Return but dept treated defective. what i am doing for claiming of MY refund? pls give me Valuable inputs to me? (how to claim my refund amount even though Return is Defective?)
so i want to give response to dept with details of B/S and P//L a/c , but may i accept or reject that return defective or not( under dept site "my pending actions") for giving response to dept for claiming of My REFUND?
they asked to me"Do You Agree With? under the head of "My Pending Actions" . then what option i will give either Yes/No for Submitting My Response with details of B/S and P/l a/c..
In i ITR FORM what I Will Mention Whether Details Original ITR or Revised ITR?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Intimation of 143 & rectification request