Please advise which ITR is to be filled for trust (employees Provident fund trust which is recognized under income tax ) whose income is totally exempt u/s 10(25)(ii). I have tried with ITR 7 but in drop down list of exemption under section 10, clause 25 is not there. please help
Answer nowI filled my itr for a/y 2014-15 relating to refund of rs 42000 on 2/12/14 declared total income of rs 214000. at the time of filling of return there was no tax credited in my 26AS by employer because of not disclose PAN NO so deduction made at higher rate.also at the time of filling of itr I claimed my tds by just putting a manual entry of tds. than after my assessment is done and department assessed no refund no demand. now my employer rectified tds return and my 26AS shows tds. my query is that is there any remedy/solution to get refund? if yes so plz describe.
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Due to some techincal mistakes in the ITR form of AY 2014-2015 my return has not been properly processed and Income tax department has issued refund cheque. I want to know that can refund order will be cancelled becoz this will lead to saving in huge interest amount.
Dear Experts,
For loans and advance what rate of interest needs to apply ?
is there any specific rate of interest is available in income tax ?
because i am charging 9% p.a. is it ok please advise.
dear all member. my father is an farmer not filing ITR , in april 2015 he recived compansation amount rs 40 lakh aginst comulsury acuisition of urban land by muncipal corporation. i have querry that 1) whether this amount attract capital gain? 2) if attracts then how to avoid it? 3) whether he can deposit such amount in bond or in CGAS right now?
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Dear Sir,
what would be the impact of budget 2016 on the partnership firms ?
Please clarify.
I need to know what is the maximum exemption limit of premium for individual and senior citizen during fy 15-16 and fy 16-17.
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There is a big confussion, many people are saying that u can not file return for the A.Y. 2015-16 after 31st march 2016.
It is right or not?
Bcz they said that there is any circular or notice regarding this but I couldn't find anything.
Please clearify as soon as possible.
gudmrng sir, sir i have a doubt in pgbp. for calculating depreciation in case of conversion of individual into company, in previous 2015-16, wat days wil we take?? 366 days?? because 2016 is a leap year
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E-filling of trust