Dear Sir

I had not filed the returns in the AY2010-11 and recently got a notice from Compliance Management Cell regarding that.

There was a little bit of tax (I had changed jobs, and both employers applied the deductions available) which I paid along with the interest last week at the bank.

However when I tried to file now online it says I can't file.

Is there a remedy available? Is it OK if I select "section 142" on the calculation spreadsheet, generate the XML with that and upload it?

Ques. An assessee purchased a land in 1971(cost-Rs.10000) and constructed a building on it in 1982(Cost-Rs.30000).In feb, 2014 he entered in a collaboration agreement with a builder to restructure the whole building.After that assessee share in newly structured building would be 60% and builder share would be 40%.Assessee received Rs.500000 from the builder in feb. 2014 and expected period of completion of construction will be March, 2015. Further he will receive Rs.2500000 in April 2015. Estimated cost of construction to be incurred by builder would be Rs.28000000. Calculate capital gain tax.

Our client is an Indian by birth, he is working in HCL at United States and he has got citizenship in USA. Now he purchased shares under ESOP from HCL on repatriable basis pursuant to the approval of RBI. For the shares allotted in USA, Taxes withheld @ 33%. Now the person sold the shares in BSE and the amounts has been given credit to NRO account. He wants to transfer this money to USA account. The Bankers insist to give Form 15CA to transfer the money from NRO account to USA account. Whether Form 15CA is applicable in this case and whether any TDS or Capital gain tax is to be paid. Kindly clarify and in what basis Form 15CA will be issued

Hi,

We have dissolved the partnership firm and already filed ITR for past 2 years. Is it compulsory to surrender the PAN card. Reply me as soon as possible.

I have capital gain of Rs 3,00,000 in F.Y.2012-13 by sale of residential house. Can i avail tax exemption by purchasing tax free bonds ? and if yes, then which one i should subscribe ? and if you have any other way of availing exemption then let me know that too.

A director wants to lease out his personal property to the employees of the company on rent. Can he do so? Does any provision of law prevents him from charging rent from the employees of the company.?

A private limited company is being liquidated. It is understood that the shareholders would get the proceeds after discharging liabilities to the creditors. Whether the amount which the shareholder gets after liquidation of company chargeable to income tax in his hands as capital gain tax u/s 46 of the I.T.Act 1961? Also if the company was incorporated long back, what would be the rate of capital gain tax?

What is Difference between daily allowance and Conveyance allowance AND Transport alloances and Travelling allowances????
Plz rply ASAP.

Respected Expert
Please reply it, Urgent

whether employee of a company can be an agent to that company? payment made to such an agent is allowable or not?