Dear,
One widow lady sold own house(Floor) and re-invested the same in buying new residential house in the name of her major daughter. Can she claim exemption u/s 54.
All transaction are done within time.

Question_1: one has income from insurance Commission u/s 194D, I want to know under which profession does it come?
Specified Profession or non specified Profession.

Question_2: What is the tax slab rate for the income from business or profession who use ITR-4.

Question_3: Are maintenance of books of accounts are compulsory or not of FY 2010-2011 if
Gross profit: 252500.00
Expenses made: 97300.00
Net Profit: 155200.00

One of my client who is a salaried employee in PSU got 96000/- as salary but TDs deducted @96000/-.I want 2know d reason.

Ancestral property held by the husband for more than 10 years is transferred to his wife by way of gift in 2014 and the property was sold in 2015

Is it a STCG or LTCG

What will be the cost of acquisition, either gifted amount or cost of acquisition by her husband’s father

I have query related to advocate(consultant) that provides all the services of accounts, income tax return,sales tax return, service tax return, tds return and audit to specific clients. For that,consultant appoint person like C.A and Advocate by consultant for Returns and Auditing work. My simple question is do that advocate firm charge their bill of accounts, returns and audit instead of giving separate bills of other Advocate & CAs ??

Hello,
I purchased a residential property in Apr 2008 & now I want to sale in Apr 2015. The property is jointly owned by me & my father.

I wish to avail exemption in capital gain by either investing in another property / Capital Gain Account Scheme / REC bonds.

I also own another property jointly along with my wife.

I read an article saying that capital gain exemption is applicable only if the applicant owns one residential property at the time.
1. Is this correct?
2. If yes, any alternative way I can avail the exemption?
3. If no, should the new investment be jointly done by me & my father so that both can avail the exemption?

Dear Experts,

Please help me about unclaimed TDS Challan of FY 2010-11.

We were paid excess TDS in September '2011 for FY 2010-11 u/s 194B & 194J which are still unclaimed (as shown on TRACES).

Can We claimed this challans in any further financial year ? Or its possible to get refund..? Or any other option..?

Please reply with the procedure..

Hi,

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...

One of my clients remained as a sleeping partner in a partnership firm for a period of two years. On account of the Remuneration Receipt the client paid income tax and filed return. After two years the client took retirement from the partnership firm and the income remained non-taxable for the Ay 2013-14. What to do in this case ? To file NIL return every year or the client should declare under the option of compliance that the income remained non-taxable for the Ay 2013-14 and therefore filing of the the return had to be stopped . Please guide me. Yours Tarique 982 1630 130

Dear Sirs,

I would like to know that if Bonus Received from Insurance Company, it is taxable or not ? and on which section ??

also want to know about dividend taxability

thanks everyone