example : company give a incentive to staff of Total rs.25,000/
to A 10,000/-
& B to 15,000/-

In Cash

So as per rules of Not Exceed 20,000 or Individual Tran section

Suppose ,income are Div on shares 125 lacs Div on units 25 lacs Long term CG on listed shares 300 lacs Short term capital gain 20 lacs Question is above gain are to be considered while computing 15% set aside and accumulation under sec 11(2). Plz provide exact computation

earlier i filled my itr for the a.y.2010-11 without claiming refund of tds . but now i found that in that assessment year there was tds in 26 AS , PLS GUIDE ME HOW I CAN claim the said tds of A.Y. 2010-11?

Sir,

An Amount of 60 Lacs is Gifted to an assessee by his Father 25 Lacs and his Mother 35 Lacs out of their own Accumulated Funds for commencing a Sole Proprietorship Business.

How will the amount be Shown in the Income Tax Return of the Assessee and His Fathers and Mothers Return?

And under Which head the 60 Lacs Rupees be Shown in the Balance Sheet of the Assessee..?

Can Father Mother of an assessee gift the specified sum in CASH to the assessee??

When can we use itr 5 and itr 3. sir please guide me

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

I 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.

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?