poonam
07 May 2014 at 14:50

Tan no surrender procedure

I HAD PARTNERSHIP FIRM BUT NOE IT HAS BEEN DISSOLVED SO ANY TELL ME THE PROCEDURE FOR TAN NO. CANCELLATION & TAN NO. CN LETTER DRAFTING

Answer now

Gaurav Dhir
06 May 2014 at 16:08

Change jurisdiction

Sir,

A party want to file income tax return for A.Y. 2014-15 from Jammu instead of Ludhiana. How can his new returns processed at Jammu Income Tax Office. (The ITO at Ludhiana harassing us a lot.) Can we change the address of PAN first. Please advise me.

Thanks

Gaurav Dhir.

Answer now

Sangeeta Bist
06 May 2014 at 10:06

Tds 24q

Hi,

A Senior Citizen Employee getting Annual Gross Salary 36,00,000.
His LIC is Rs. 1,00,000 and nothing other deduction or allowance.
Accordingly his taxable Income for F.Y. 2012-13 is Rs. 35,00,000.
Accordingly we deduct taxes Rs. 9,01,250.

Now we got an Intimation U/S 154 by Income Tax department:- we deduct short TDS Rs. 5,150 and they charged Interest Rs. 714 also. I have downloaded Justification Report also, according to that they deduct TDS on General Men Category.

We deduct TDS on senior citizen as usual correct slab rate.
Now What we should do against this.

Answer now


Anonymous

Dear Experts,

greetings. I'm jinesh aggarwal. I want to apply pan no. for my mother. but she has no date of birth evidence. As per new notification, evidence of date of birth is one of the mandatory document require for apply new pan card.

Please suggest how can apply pan card for my mother if she has no date of birth evidence.

Regards
Jinesh Aggarwal

Answer now


Anonymous
02 May 2014 at 16:46

Depreciation

Is there depreciation allowable or not @ 50% of depreciation rate under Income Tax Act for the financial year 2013-14 if an asset is purchased on 31.3.2014 and put to use on the same date by the assessee.

Answer now


Anonymous
02 May 2014 at 14:46

Demand notice

My Brother itr was Filed by Mentioning wrong TAN in ITR1 He is a Salaried Employee.Intimation u/s 143 was sent by cpc with Demand Identification No and it shows net amount payable.But my brother had Refund amount.It is not possible to revise return because it is filed after due date. In that intimation challan no/ITNS 280 was attached and Tan unmatched information also.Is it possible to file rectification under section 154 now?and how to file? Please guide me.

Thanks in Advance.

Answer now

lokesh
01 May 2014 at 11:40

Return filing

if income is below taxable before any deduction under act.
What is the time limit to file return of income.
My income is 82400 for the A.Y.2011-12
Whether i can file return on 01-05-2014 or not.

If not then which section denies it.

Answer now

pankaj dubey
29 April 2014 at 23:44

Regarding form16a

in form16a only taxable salary is given or gross salary which value should i enter in return

Answer now


Anonymous
29 April 2014 at 19:18

Property taxation

I have a flat in bangalore - which i have shown as residential property. My father has taken another flat in Agra. In that property agreement i am a co owner. The Agra property is yet to be registered. My father plans to use that property as a residential property hence there will be no rent income.

My Query
1. How shud the property be registered so that i have no tax implications of the same
2. If at all i do have any tax implications, what will be those?

Answer now

Sangeeta Bist
29 April 2014 at 13:08

Tds returns

Can anyone tell me,
We file 24Q returns of a company for Q1 and Q2 for the F.Y. 2013-14, and then shift employees to another company and for further Q3, Q4 salary paid by 2nd company.

Now my query is can we get from traces Form-16 of 1st company for Q1 & Q2 without filing returns of other quarters?

Regards
Sangeeta

Answer now





CCI Pro



Answer Query