I have filed an ITR of assessee where same income got considered twice for tax computation & the return got uploaded.Now I have received NOtice u/s 139(9) for Defective Retun.What should be done in this case.please help on this...

Dear Sir, As per sec 194IA if the total consideration for any immovable property exceeds 50lakhs then TDS @ 1% needs to be deducted. My query is if say total consideration is 65 lakhs including service tax and service tax is of 5 lakhs then TDS u/s 194IA needs to be deducted on 65 or 60 lakhs???

One of my friend is stuck between 2 options and wants to weigh both the options from tax point of view:
1) His NRI father from his Nre savings a/c. gifting his mother a sum of Rs.5lacs through cheque for the renovation of house in India in her name
2) His NRI father from his Nre savings a/c. gifting his son a sum of Rs.5lacs through cheque and then he in turn gifting his mother for the renovation of house in India in her name

Dear sir/Madam how it could be possible to convert black money to white,and what are the ways it could convert.

Whether Monthly compensation or support money received by widow or legal heir of deceased employee from employer is taxable in hands of widow or legal heir?

Please give your opinion.

Dear all

My brother received salary in newzealand, but he is resident(ordinary resident) person for A.Y. 2015-16. There was treaty between india and new zealand govt., on which relief u/s 90 can be claimed. Doubt is who can i convert foreign currency (salary) into indian rupee for tax calculation.

Please reply it is very urgent...

Please point out the difference between the ITR-1 and ITR-2

The Indexation benefit is available on sale of shares of a private limited company.
what shall be the rate of tax on such transaction.

sir can i make an entry for provision of bad debts on 31.3.2015 and can it be carry forwarded to next year ant if it can be carried what will be the entry i have to pass in tally for both years

Hello Sir,
For AY 2014-2015 I have got the intimation from Income Tax Deptt (0n 26-05-2015) to pay remaining tax.There was some glitch in my last year form 16 and due to that I failed to pay 3000 to Income Tax Dept. My tax liabilities were 44,000 but I paid 41,000 only.41,000 was deducted before March 2014.
1. Please comment do I need to pay any interest on 234B & 234C (returned was filled on 03-07-2014 so no 234a.) for remaining tax?
2. How can I file it online if I am filing through ITR-1 XLS what should be the entry in these fields. (Can it be re-filled "Return filled under section -> 17-revised 139(5))
a. Returned filled under section
b. whether original or revised return
c. if revised, defective,Modified then enter receipt no
d. date of filing original return
e. Notice no
f. if filled response to a notice u/s 139(9)/142(1)/148/153A/153C enter
Thanks in advance for help.
Regards,
Aashish