Hi sir I m trying to file a rectification u/s 154 But at that time we have to provide " LAST COMMUNICATION REFERENCE " and I have mentioned the communication reference mentioned in 143(1) other then this we do not have any other reference but when I feed it the message is reflect reference is incorrect. now how can I rectify my return? have any other way to get last communication ref. or file a rectification.

An immovable property is purchased and payment is to be made in installments. First Installment is Paid in Sept 2012. Next Installment is paid in July 2013. Third installment is paid in March 2016. No tax was deducted for first two installments. Tax was deducted in March 16 installment for July 13 and March 16 installment . Tax so deducted was paid on 15th April 2016.

Does Tax needs to be deducted for each installment u/s 194 IA or at time of registry ?

Does Tax needs to be deducted even for first installment of Sept.2012 as the section comes into effect in June 13?

Interest u/s 201 is to be paid from date of deduction or date of payment of installment and at what rate ?

Late filing fees u/s 234E is to be paid from date of TDS payable to central Govt account i.e. 7th April 2016 or date of payment of installment?

Resp. Sir,

Can TDS to be deducted in following cases:

1. Aggregate Transaction in a Finance Year not Crossing Rs. 75000 but Transporter
owns more than 10 Vehicles.

2. Aggregate Transaction in a Finance Year Crossed Rs. 75000 but Transporter owns Less
than 10 Vehicles (NOT GIVEN DECELERATION ON HIS LETTER HEAD STATING
THAT HE OWNS LESS THAN 10 VEHICLES & NOT TO DEDUCT TDS U/S 194C)

Please advise.

Thanking you.
Regards

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On Traces portal we are showing with a short deduction default. Which is right as per their calculation but the reason for short deduction was due to the advance tax paid by the employee.
Please let me know how to solve this default problem.

Please let me know should we deduct TDS from auditor remuneration on the time of booking or on time of payment because normally we deduct tds on the time of booking or payment which ever is earlier but in the case of auditor remuneration the liabilities till not occur on 31st March of the FY. The performance of audit(statutory & tax audit) will be completed for company after 31st March so in that case should we deduct the TDS on the time of liability payment and payment the TDS to the department accordingly or we have booked the TDS on the time of liability booking and payment made within 30th April of the following FY.

Amit Nandy

respected sir , may i file itr 1(refundable) without register of my pan or without breaking password if the pan is already registered .

Whether penalty paid for service tax is disallowed under section 37 if not why?

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an lic agent who get commisioin greater than rs . 60000 can he get benefit of section 44AD , with decelered his income 8% of total reciept commission ?

if he can not use section 44AD ., is compulsory audit and keep books of acount ?

I have two residential flats. one is closer to my office where I stay with my family and in another flat where my parents are staying. What will be the Income tax effect of both the flats. Will Notional rent has to be considered or not?