K S Rawat
10 June 2015 at 20:24

Rectification in itr return

Dear Sir,
I want to know that where a salary class taxpayer filed his return for ay 2013-14. When he filed his return tds shown in 26as by 2 tan No. Now he get a notice from cpc u/s 143(1) in which cpc not accept deduct tds from one tan. i.e TAN 1 deduct 30,000 and TAN 2 deduct 50,000. Here CPC accept only TAN2 TDS.
So, How can rectify it.

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ARCHANA

sir

overseas education consultancy it comes business or profession, which code mentioned in itr form nature of business column , so i request you kindly help me.

Thanking you

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Thamotharan S
08 June 2015 at 21:37

Tds return

Dear Experts,

I have a problem in TDS Return for Salary 24Q (Q4), about the deduct Sec87A in RPU file. There is no place to show in the return.

Please guide, where do i deduct 87A in Annxii ofRPU.file?

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Zakirhusen M Kapasi

if a indian company converts reserves in foreign compnay into equity will there be any tax implication to indian holding company. the foreign company is in Singapore.

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Anonymous
02 June 2015 at 13:07

Tds to be deducted or not



WE HAVE GIVEN HOSPITAL ON RENT AND ALL THE FACILITIES ARE USED BY THE TENANT BUT MEDICLAIM (TPA) IS DONE IN THE NAME OF THE HOSPITAL AND TDS IS DEDUCTED IN THE NAME OF THE HOSPITAL AND BALANCE AMOUNT WHICH IS RECEIVED BY THE HOSPITAL IS GIVEN TO THE TENANT BUT NO TDS IS DEDUCTED WHILE PAYING THE AMOUNT TO THE TENANT. SO WHAT CAN BE DONE?

THE HOSPITAL IS UNDER AUDIT AND NO RETURN HAS BEEN FILED BUT IT WANT TO CLAIM TDS SO HOW CAN IT BE DONE. PLEASE GUIDE WITH APPROPRIATE SECTIONS!

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ankeshrawala
01 June 2015 at 20:01

Tax planning

Ekk partnership firm hai unka yearly income 5lacs hai.2 paetner hai.this is their first year.they do not want to give any tax(income tax). Can any one pls suggest some planning

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Saurabh Garg
01 June 2015 at 15:52

Taxability under which head

Sir,

Assesse has purchased gold form E gold auction done by bank,and then sold in later.

He has made some profit form it.

As it is not a regular business for him, the profit made form this will be taxed under which head.

The holding period for gold is less then a month.

Would it be STCG or business income or income from other sources.

Thanks in advance....

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sanjeev
01 June 2015 at 15:01

Tds on donation to employee

There are two employees working with us who are from Nepal. Company's employees contributed PL/cash for them and company is making the cheque in favor of those two employees for Rs 1 Lacs each and recover the same amount from employees's salary / PL. Will TDS applicable on this donation?

Please advise.

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shrenik kumar
01 June 2015 at 13:39

Court settlement amount is taxable.?

Dear sir, An HUF receives a sum of Rs.425000/- in the beginning of this financial year, of 30 yrs. old litigation this year through cheque as settlement amount through court. The basic amount was been shown since 30 yrs. Rs.115000/-in HUF Balance sheet (assets side)as debtors. Since 30 yrs. no provision of interest was made on that litigation amount. What would be the tax implications for that as that HUF income is only interest income about 80000/- annually .. Kindly suggest ways to save income tax . Are there any investment plans to save the entire amount from taxation. kindly guide me. Also suggest some related articles/posts/ threads to read in this regard. thanks. shrenik kumar sancheti.

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Rakesh KUmar
31 May 2015 at 20:34

Salary

Hello everybody
My problem is that one assessee is taking salary 20000 per month from a firm TDS is not deducted and also obtained commission of rs. 120000 from another firm on which tax has been deducted. is any income of these dis allowable?

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