Hi friends,

pls give me a suggestion on how to get refund of tds on bank fd interest . How to file belated income tax return for senior citizen who does not earn any source of income.

Dear Sir,
I have installed pfx based digital signature on my computer and now I wish to install a usb token based digital signature on my computer. In this regard I have following queries-

1. Whether it would be installed just like installation of pfx file
or
It will need a token driver?

2. During installation whether we have to provide installation password like pfx file?

Please advise me.

Dear Sir,
After login, on the tab of "efile" there is an option of "change itr form particulars" in drop down list.

What is the uses of this option?
Please clarify.

Experts,

One of my clients has made advance payment for import purchase in foreign currency, but later the order has been cancelled and hence the amount becomes refundable.

The seller (foreign party) wants to arrange that refund through one of its concerned party in India, hence the payment is to be received back in Domestic currency (Indian rupees).

Now my question is, is it ok to receive the refund in rupees against the advance paid in foreign currency, or it will create problem from FEMA point of view.

My simple question is, if advance payment is made in foreign currency then refund is also to be taken in foreign currency ?

Please give your opinion on this.

Thanks

Dear friends i had a small doubt about tds i.e why given basic exemption limit for salaried employees for deduction of tds as the same but not given to others like contractors commission agents Etc....

My employer deduct tds Rs 49160 For the assessment year 2013-14 and deposited it is also show in My AS26 Rs49160. My actual tax liability is also 49160 I filled my return within due date but now on 10/8/2014 The department issue a demand notice u/s 141(1) And in which they Near about Rs 60000 Including the intrest u/s 234 A 234b 234 c. what can i do right now??????

If car is given from firm for repair after accident & claim amt have cover from insurance co. estimate have given of 2.30 lacs & insurance company paid to workshop 1.80 agaisnt single billing of 2.30 diff amt paid from concern ( In which labour & spare are include .70 labour & 1.60 spares ) so pls confirm tds have to deduct on full amt or only labour amt or to deduct claim amt.

Sir I have filed return for the AY 2014-15. But now I want to file rectification because in my Form 26AS, tds credit was less in respect of this year but now it is showing more than that. I want to know which option I should select under "Request for furthur data correction". Under it, many points are given. Please explain the procedure. Thank you.

Dear sir,

In my office ex-staff theft my PAN card and registered the same as individual subcontractor. After seeing my Form 26as I came to known that my PAN card was theft and misused. In my Form 26as,under 194c he earned Rs.4 Lakhs. I am an employee in public limited company and comes under 20% tax slot(192 section).

I have shown my Form 26as to one of CA and he told that I have to pay Rs.80,000 (As company deducted 2% ) nand for balance 18% I have to pay because as Iam salaried employee with 20% slot.

I have contacted the deductor and told my story and misuse of my PAN by ex-employee.We have contacted the ex-staff and he told that he will make the revise TDS and he had submitted his details to the deductor. The deductor (CA) told that he had make revised TDS and it will reflect in my Form 26as after 15-20 days. CA of the company had advised that to return my salary(sec:192) and after 20 days the the amount showing Rs.4 Lakhs will be nullified.

Please advise us that if the revised TDS reflects in my form 26as then it will be good but if not what action (legal/police)can be taken against ex-staff and deductor company(registered my PAN without checking any credentials).

Please help me in this regards as after 20 days also my form 26as not updated.

Regards

Krish

You know who is the Author of Book on truth and disclosure of Aasharam Bapu and other fake saints like Ram Rahim [sachcha sauda] etc. He was a Senior Chartered Accountant among our community. When he wrote that book 14 years ago, he had to face many difficulties but he stick to the truth. He was then President Distt CA Association, President Distt IT Bar Association, President Saraswati Shishu Mandir Committee, Mahamantri Prithak Chhattisgarh Nirman Manch, Member Chhattisgarh IT Bar Council, President Agrawal Sabha, BJP Leader despite of running a true and solid practice of great profession of chartered accountancy. What is the name of the book and who is the author?? Its a matter of great joy and proud for we chartered accountants to have a gem like him in our community.

Read more at: https://www.caclubindia.com/experts/experts_display_list_by_category.asp?cat_id=51#.U_bsNKPm5Fo