a lady is 65 year old and she is living with his sister which is also old. she has not filed his last 4 years return . his income is above 8 lakh in this year she has pension & interest income . can she fill form 1 for undisclosed income

Hello, my question is regarding Income from House property.
Suppose i stay in Thane, where i have 2 properties say A & B. Property A is self occupied & B is deemed to be let out property. I have loans on both houses (A&B). For Tax purposes it is more beneficial for me to show as Property A Deemed to be let out and Property B being Self occupied. Can i show it such a way to get tax benefits?

Current Status: Both Properties in Thane
Property A: Self occupied
Property B ; Deemed to be let out

For Income tax purpose: More beneficial
Property A: Deemed to be let out
Property B: Self Occupied

Can i adopt the second method which would be more beneficial to me???

Sir if I have short term capital gains by sale of shares as my income and I dont have any other income,then how will it be charged to tax? My 250000 limit cab be used to set off tha gain?? or how will that income be taxed taking into consideration basic exmp limit & rebate??? If I have adv tax n tds then what? please reply itz urgent. Thank you

mr. x has received notice u/s sec 139(9) for ay 2015-16. filed in form ITR - 4S
1.Mr.X had shown Textile Trading under 44AD - 31,50,000.00 *8%under special business
2. Other source - interest income from money lending-216000/-

now Mr X recd notice,should not file in form ITR 4S. & FILE RELEVANT FORM.

ALSO X SHOWN NATURE OF BUSINESS IN ITR
1.TRADING
2.MONEY LENDING

KINDLY SUGGEST ME.HOW TO REACT FOR REPLY.

while making repayment of buyers credit to foreign branch of Indian Bank which part of 15CA (Part A, Part B, Part C or Part d) is to be filed. Buyers credit repayment amount includes Pricipal Amount Of Buyer's Credit & Interest.

Please suugest....

in  case deductor does not rectify the tds return and i will fill the itr with correct salary then whether income tax send me notice? because i have fill the correct salary not a salary shown.in form 16.

can any one tell the what is annual tds return or which forms is applicable

A clieny had already taken a home loan. Problem is....home loan is taken on the name of joint owner and the whole amount of loan is paid by single joint owner but the ratio of ownership on property document is 50:50.... What portion of home loan principal amount payment can be clamined by both in their ITR under sec 80C

if a transporter incurred expenditure of rs. 34000 in cash on account of purchase of tyre.as limit is provided upto 35000 for plying, hiring nd leasing is it allowable. each expense limited to 35000 for transporter.

A person had invest Rs.5 LAC in ICICI Prudential life line wealth single premium policy , encashment only after completion of five years.That matured in march 16 . Icici deducted 2 %( approx 14000 u/s 194 DA ) and paid the balance 7.7 lacs.how much amount will include in GTI..???