Who introduced tax in India

what is tax treatment of agricalture income if income is more than Rs. 5000/-

is tcs applicable if former sells his agricultural produce to commission agent or dallal or trader or at apmc. if tcs not applicable for goods purchased for personal use then why tcs for jewellery

What is the due date for filing Trust's Form 10B and Return?

INCOME DECLARATION SCHEME 2016

In the following cases please let us know the amount to be offered for income declaration and tax be paid.

1. An assessee and his brother were co-owners of a property inherited from they father. They sold the property in the Financial year 2012/13. They sold for Rs.90,00,000 and each shared Rs.45,00,000 lakhs. The tax preparator has omitted to include capital gains in the income returned. Now what is the income to be offered and tax to be paid. While arriving at income whether they can deducted value of property as on 1.4.1981 and brokerage paid at the time of sale of property.

2. An assessee purchased the property for Rs.20,00,000 stamp duty and regd charges were paid in sum of Rs.2.40 Lakhs Forty Thousand as guide line value was Rs.30 Lakhs in another words the assessee has regd the documents for Rs.20 Lakhs as against guide line of Rs.30 Lakhs. Now how much is the income to be offered under the scheme and tax to be paid and what is the deduction he is eligible for.

Dear experts, Assessee has sended itrv to banglore after 120 days of filling the return..on website it is showing itrv received after due date..as this is the case of refund whether return will be processed and assessee will get refund.

There is a situation where Assessee had filed Form26Q in time for f.y.15-16 but no form24Q is filed. Now Assessee wants to deduct TDS for Salary paid to employee and file Form 24Q now. Whether late fee u/s.234E i.e. Rs.200 per day would be attracted?

Sir,
I am individual and have never filed a IT return till the assessment year 2015-16.
But in financial year 2012-13 I have done cash deposit of 200000/- in my bank account for which IT department had send me notice for non filing of return can and information code CIB-410
Please guide me to resolve this as I have 10 days of time to reply to department

Sir,
I did file ITR for AY 2015-16 in it was tax payable rs. 11000 therefore I had deposited of rs.11000 in self assessment tax head by challan but by mistake put on it AY 2014-15 now show pending demand

The House property owned by an NRI (owned-inherited) and old more than 40 years and no purchase/cost details of previous owner. then, how to calculate the Cost/value of base and the Capital gain there on? should we calculate by taking base of historcal Jantri Value and Current Index cost? kindly guide me