hi experts i want to know interest paid on delayed deposit of TDS and vat is allowable in IT act or not if it is not then under which section thanx in advance
Answer nowI work in company in 2012 -13 on professional basis I got Rs 14000 p.m TDS in 194j Rs 1400 which ITR SHOULD I have to file to claim refund plz help
Answer now
Payment received towards Consultant fees is part of salary ? While filling IT return where i have to reflect it. TDS is deducted every month under Sec.194J @10%.
Please clarify
Thanks
V D Patel
sir , if individual is filling return in itr4s business income ,always income less than 250000 is it necessary to file return , if no return is file in future then what will happen i filled my return for learning purpose in which i show only my return income should i continue to file or no need plz tell me in both case of individual & me
Answer now
Hello everyone,
I need to ask if an individual is an employee of The Brihanmumbai Electric Supply & Transport Undertaking, i.e, B.E.S.T. (OF THE BRIHANMUMBAI MAHANAGARPALIKA) and needs to file ITR 1 SAHAJ for AY2016-17. What should be the employer category? Whether it would come under Government, Public Sector Unit or Others Category?
Regards
If the payer has deducted TDS before paying to us, and before due date of return has not deposit the same with government, what is remedy available for me, as it wouldn't appear in my 26AS
Answer nowFor income tax purposes, the house means: a) godown or storage b) dwelling house c) building for office use d) all the three are included in house.
Answer nowWhether payment for capital asset exceeding made in cash than depreciation on the same will be disallowed?
Answer now
if i paid income tax rs 76000 for the year 2014-15 on 30/10/15 and i forget to deduct same from p &l a/c so can i place this entry for the 2015-16 p.y as expenses
Answer nowAO served a notice u/s 147 date on 31/03/2015 for Asst Yr 2008-09 and Assessment date 14/10/2015 vide Income u/s 44AD Rs. 116818/- and Addition Rs.165000/- of Cash Deposit in bank A/c say AO is not Saving Income. Arise demand of Rs. 3400/- (Tax 36052-TDS32653)
now u/s 271(1)C Assessment order date 14/06/2016 Demand Rs.34552/- but TDS is already have then Penalty is Correct?
And 271F Demand Rs.5000/- is Correct if TDS already ?
What can do step? pls suggest me. Thanks
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int on tds and vat allowable or not