Mr. A and Mr. B are brothers. Both have immovable properties. They decide to exchange the ir properties/ forego some interest in others favour. Mr. A proper cost Rs. 5 Lakh and Mr. B property Cost at present is Rs. 2 Crore. what will be the tax implication? what sections of the relevant act are attracted?

Can Company claim losses When ITR filled after due date. Next A.Y Company have a profit Can this Profit is set off. against P.Y Losses

SIR/MADAM

EVERY ONE KNOW THAT THE DATE OF AUDIT REPORT FOR THE ASSESSMENT YEAR EXTENDED TO 30-11-2014. IT RETURN FILING DATE i.e SEP-30 NOT EXTENDED IN THE NOTIFICATION OR THE NOTIFICATION IS SILENCE ABOUT THE IT RETURN FILING DATE. ONE IMPORTANT THING IS THAT DATE OF UPLOADING OF AUDIT REPORT IS REQUIRED TO MENTION IN THE ITR. THEN
? IF ONE NEED TO FILE THE 3CB 3CD AFTER 30-SEP, THEN WHICH DATE HE CAN ENTER ON THE CORRESPONDING COLUMN.

? IS IT IMPLIED THAT DATE OF EXTENSION OF AUDIT REPORT ALSO MEANS THE DATE OF EXTENSION OF IT RETURN FILING.

PLEASE HELP ME TO SOLVE THE CONFUSION.
URGENTLY
THANKS IN ADVANCE

My Client's husband has been a MLA and has expired after service nearly 10 years ago, my client has been receiving the family pension since then.

family pension being taxable under IOS.

can we claim exemption u/s. 10(10A) for a commuted pension received this year.

or as there is no employee and employer relationship + the husband has expired after service, will it become fully taxable under Income From Other Sources?

We do sale our product through snapdeal, snapdeal pay us net amount after deducting their commission, collection charges & logistic expenses, logistic arrangement is done by snapdeal by its courier partner & snapdeal itself pay the deducted amt. from us, who is liable to deduct TDS whether we or snapdeal. please guide me.
thanks & regards,
Vinod

Dear Experts,

I have two different proprietorship firm..i would like to know whether i have to club both the Net Profits of the firm to disclose in the Return (ITR-4)..
Do i need to club the Capital A/c and Expenses. ?

Pls Suggest

i am sending fund Rs. 70.00 Lacs to my daughter NRO to NRI A/c india to UK for purchase house. She is NRI resident. before NRI she has income tax payee in india his own fund Rs. 20.00 Lacs included Rs. 70.00 Lacs. balance 50.00 Lacs gift and loan received from relatives. please advice if 15CA/CB certificate required to remittance this fund to UK.

while calculating exemption for retrenchment compensation 15/26 days salary is to be taken so do here salary mean average salary that is salary of previous 10 months????

IT Department has extended due date for 44AB audit report till Nov 30th. whether it is applicable for submission of ITR return u/s 139 also? or we have to file the ITR within 30th september, Please clarify.

Dear Sir, Assesse is a transporter.. when i checked 26AS.. it is showing.. Amount Paid-116000 TDS-0.. u/s 194c.. problem is that status of booking is "U". what to do..?? is it normal??