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

one of the my friend's wife is from maharastra. he is from gujarat
she has only levaving certificate and voter id of maharastra . which document is required for pan card for his wife.?

please help me

company deduct the tds of non resident @ 20% due to non availability of PAN.

now Non resident have PAN and ask for form 16A from TRAce it is possible ?
if yes what is the procedure.

at the time TDS return filing only one deductee detail is filed having no PAN.

I Received cash of Rs.35 lacs trough bank from my brother who is working in australia from last 3-4 years.
Please suggest me what are the tax implications in this case and also suggest me how to show this transaction (as a gift or by any other way)?

Sir
In the year 1998 our Partnership firm "Urvashi Real Estate" applied PAN and received as AAACU6223A. there was wrong interpretation C as company. Since than we have been filling IT return.

Now we have changed the PAN as AADFU3829J in the middle of FY 2011-2012.

Problem arised when we paid advance tax in AAACU6223A and filed IT return AADFU3829J.

WHAT DO WE DO TO INTIMATE INCOME TAX DEPT?

DEAR WE HAVE SOLD 1 ACRE JOINT FAMILY LAND WHICH WAS GIFTED TO MY FATHER IN AROUND IN YR 1950. NOW WE SOLD THE SAME FOR RS.65,00,000/- ONLY THE SHARE WHICH I RECEIVE FROM THIS IS RS.15,00,000/- OUT OF WHICH I RECEIVED IS RS.8,00,000/- OF WHICH I HAVE REC. 4,00,000/- IN CASH. BALANCE CONSIDERATION WILL B RECEIVED BY MAR.2015. HOW MUCH TAX I WILL HAVE TO PAY FOR THE SAME. I M A LABOUR CONTRACTOR DOING LABOUR JOB AMOUNTING RS.900000/- N FILLING RETURN U/S 44AD WITH 8% PROFIT. KINDLY GIVE THE FIGURE OF TAX LIABILITY WHICH I HAVE TO BEAR.