143(2) notice is received on time but from a different Jurisdictional assessing Officer. Is this a valied notice?

As per new amendment in last year 09/2015 one can claim their refund up to 6 assessment years so plz share the procedure in detail if anyone has filed in current year or previous year???

income from salaries in the hands of the employee will include his salary and also the tax on this salary paid by the employer then what is the use of employer paying the tax of employee if employee salary includes that payment im confused with this please clarify

Respectable Experts
A Proprietorship business has unsecured loan(liabilities) of Rs 225000/- from his mother. Mother passed away three year before but loan is still outstanding.

Can we transfer this loan to directly his capital a/c and without adding in his income without giving any tax in this amount.
As per my opinion we can treat this Item as gift or if we not consider this item as gift then we can treat that he received this amount as inheritance.

In both case income is not taxable

Please comment

I sold my property as on Feb 8, 2014 and invested the capital gain in acquiring new property in Banglore on May 2014.

Now i wish to sell the Banglore property as on August 27, 2016. Now i understand that due to selling this property i wont be able to claim exemption. But can i now invest in new property under construction and Claim that property for exemption since I have done this before the allowed limit of 3 years.

Thank you for your answers.

Assesse had been doing business of DTP, Xerox and internet café from the financial year 2008-09 to 2014-15. Accordingly the said business income has been shown in his ITR by providing depreciation for the assets used in the business i.e. on computer, Xerox machine, printer, AC and furniture. But as the said business was not running well he closed it and started business of plying passenger bus from July 2016.
Now for the financial year 2015-16 he has only business income from plying bus as his completely shut down his previous business. Now my question is what is the treatment of the assets of his previous business (he did not sold those assets and keep them with him) as per income tax act. Can we charge depreciation of the said assets against the revenue of plying bus or not? If we can not charge depreciation of the said asset against revenue then is it come in his balance sheet? Or what is the actual treatment of this please suggest.
Thanks in advance

One of our clients have taken a loan from a vendor on FY 2014-15 and same has paid in FY2014-15, but interest on the loan paid after deduction on Q3 2015-16.
But TDS has not deposited to department,
Vendor asking for TDS certificate for the deduction.

can you please suggest in this regard?

I have tax a refundable of .Rs.120000.department issued me a refund of 108000 with an interest of Rs.1500. for balance they raised a demand.what journal entry should I pass to account this?

my client is filed wrong income tax return for the a/y 2014-15 under the income from salary which is wrong head.
actually these income is taxable under the PGBP which is correct head of income. and tds is deducted above 50000.
return filed is belated hence revise return not possible.
how to claim tds refund...
if any method plz suggest.........

Dear,
One of my client (senior citizen) received notice for non-filing of ITR for AY 2013-13. When he calculated his tax liability for AY 12-13, it was Rs. 76850/-(With Interest). TDS was deducted Rs. 46760.00 so he deposited balance of Rs. 30090/- in July-16. How can he file his return for AY 12-13 as ITD is not receiving ITR. He has given reply to ITD that he has deposited all tax with interest upto 31/7/16.
Is his liability is over/fulfilled to deposit all tax with interest or what maximum penalty can be imposed on him though now he has no tax liability but ITR is not filled