please suggest me person has Photoshop and doing photography at rented place but he use name of another person. but rent agreement is in that person name who is doing business of photography. now he want to file income tax than which kind of income he need to sho??? can he show business income

hi,

I am a salaried employee and i received small amount of consultancy fee from other company, I should file ITR-4 but i am getting only two options in online filing of IT returns, 1) ITR-1 (Sahaj) and 2) ITR-4S, here ITR 4S is not applicable to me but even ITR -1 Sahaj is not applicable as i have received consultancy fee also, Pl let me know how to file IT returns, Can i use ITR-1 sahaj and show consultancy fee in Income from other sources.

Hi,

I am having Kurri (Kind of lottery) income of Rs.100000 on which 30% (Rs.30000) TDS has been deducted and there is no other income, so I want to know whether I will get 100% tax refund and if so then which ITR have to file and how to be filed. When I am trying ITR 2 it is not giving any refund. kindly guide.

Thanks,
Surya

if a person received interest on compensation which is chargeable to tax after deduction of 50% of the amount u/s 57 bt if any expense like legal expense paid to get that compensatiion will also be allowed as deduction u/s 57 as it include a clause where any amt as expense paid for earning such income is deductible provided it should not be capital expenditure. will legal exp here is capital expenditure?

hii

i have taken Personal loan from bank ...
and make Fdr with bank

i have received interest from bank on fdr
and paid interest on bank loan
while i am calculating income from other source can i claim interest paid on loan as expenses


plzzz r

I sold an agriculture land in Assessment year 2016-17. The land is situated 12 kms away from the limits of the municipal and having populaiton less than 10,000. The purchaser gave me amount of Rs. 14,332,999/- after deducting TDS of Rs. 144,778/-. The sale price of Land was Rs. 14,477,777/-.
So, Capital gain will be taxable or tax free?
If Tax free, How should I have to show that?

a firm has sold a land and received Rs.20L consideration in cash..whether this will be required by statutory auditor to disclose in tax audit statement under 269ss ?? whether he is liable to disallow it while computing tax ?

I had filed the return by mistake taking tax credit e.g tds from employer ,but actually i has pay self assessement tax for that year . e g. 2014-15. I had filed rectified return but again Ireceived a notice u/s 156. what we will do . please reply.

SIR,
HOW TO CALCULATE NOTIONAL RENT ON HOUSE PROPERTY SITUATED IN PUNE

My Client has taken a loan of Rs.45,00,000/- lakhs for purchase of flat, last 2 years back. And has ancestral property, he resides at his father's house. He has given the flat for let out for the full year. He is paying interest on borrowed capital Rs.4,00,000/- lakhs and principal amount of Rs.3,00,000/- lakhs.

Can my client is eligible for 'interest on borrowed capital' for Rs.4,00,000/- u/s.24(b) and 'principal amount' of Rs.3,00,000/- (Subject to Rs.1,50,000/) u/s.80C.
Please clarify any one