i am an individual assessee i have received some amount as compensation from my landlord for vacating the house property. And i have used this long term capital gain in purchase of NHAI bond partly and the rest part is left unused.How to deal with the unused LTCG part left. How to do tax treatment for it?

Read more at: https://www.caclubindia.com/forum/long-term-capital-gain-and-sec-54ec-exemption-related-issue--363924.asp

DEAR SIR,

KINDLY PLEASE HELP REGARDING USE OF ITR FORM BY AN GRATUITY TRUST U/S 10 (25) OF INCOME TAX ACT, 1961 ITR 5 OR 7.

FURTHER ALSO CLARIFY THAT IS ALL INCOME FROM LIC FUND IS EXEMPT OR NOT AND IF EXEMPT, THAN WHAT AMOUNT TO BE SHOWN IN ITR NET OF FUND MAINTENANCE CHARGES OR GROSS INCOME?

i am doctor running hospital my mother is very senior citizen age 81 years i spend Rs 25000/- on my mother`s treatment in cash can i claim 80d deduction on that amount please give expert opinion

we file tds return for 3rd qtr of fy 15 16 now we wants to revise the return bcoz on one transaction we forgot to deduct tds & now we paid that tds in conso file we give all details about new chaln but it shows errors as addition of challan C9 correction is not allowed for deductors other than govt. wat is d solution ??

Dear Sir,
An Assesse has two house property (two residential flats) and both are in the name of assesse and both are self occupied. In one of the flat assesse and his family stays and the other flat remains vacant throughout the year (it is not let out at any part of the year). My query is whether the Assesse has to show Notional Rent for this property which remains vacant throughout the year as if the flat is deemed to be let out. Please suggest what should be done in this case.

Your valuable reply would help him to determine the tax calculation for the current year.

Thanks,
Abhishek Roy Choudhury.

My mother works in Pvt Sector, Gets approx 80000 annually income, monthly by cash in hand. For some reasons, I need to file ITR with her PAN. Do i need to give any document as per income ? Or i can simply put in actual figures..? Since income is within tax slab.

Hi All
is tds deductible on freight charges irrespective of amount????
thnx preet

1. If the taxpayer receives a Scrutiny or Enquiry orIncome Escaping Notice under section 142 or 143 or 147 or 153 from the Income Tax Department upto 31st May 2016, then he would not be able to make declaration of that respective year. 2. If a search or survey has been conducted in the previous year and a time limit of serving notice is not completed then the taxpayer cannot apply for the scheme for that year. Considering these two things...if the survey has been made on partnership firm and the firm can not declare the income under this scheme, can the partners in the firm declare undisclosed income in their individual capacity?

Respected Sir,

Can we file the IT return of A.Y-2009-10, 2010-11, 2011-12, 2012-13, 2013-14, in the present A.Y-2016-17, If yes than please send the procedure of filling the return.

Hi Sir,

I have made payment of Rs.7,00,000/- to a retiring partner of my Firm. I have prepared and notarised the retirement deed. However, Shall I need a settlement letter for the payment ? If so, what should be the process, shall I take the Money receipt of Rs.7,00,000/- Lakh on plain paper or use Rs.1/- Bond paper or a stam paper will require to take the signature of the retiring partner.