what should be considered as turnover for a stamp vendor, amount realised from stamp sale or the commission received for audit under section 44 AB

Dear Sir,

My sister is a working women. She gets Form 16 every year from her employer. The salary which she is getting (for the whole year) does not come under tax bracket. Its less than the tax bracket and no TDS/tax gets deducted from her salary.

1) Does she has to file income tax return even though her income does not fall under tax brackets.

2) if she has to file income tax returns, how to file for last 4 years ?

3) Are there any advantages with filing income tax returns ? or is it waste of time for her as she is not having taxable income.

the asseesse has sold plot of land in F.Y 2012-13, AND PURCHASED ANOTHER PLOT WHICH WAS REGISTERED ON 24-10-2013. WHOLE CONSIDERATION WAS PAID AT THE TIME OF REGISTRY. THE AGREEMENT TO SALE WAS EXECUTED IN JULY 2013, BUT NO PAYMENT WAS MADE. CAN HE CLAIM EXEMPTION U/S 54 F

Dear all, My TDS has been deducted by LIC of India on A/c of Income from Commission under section 194D ,even submission of my ITR, amount of TDS not yet credited to my account.
What to do?

Dear Experts,

can Spouse (wife) claim LIC (80c deduction) paid for Husband. even husband also working

paid by cash

Thanks

Can anyone tell whether the limit of 10% of the sum assured in respect of the LIC premium is applicable on each premium paid separately or total premium paid for the FY.

Is a person who is a mechanic can maintain file a income tax return..if yes under what head he has to be filed.

I AM DEDUCTED 2% TDS ON INDIVIDUAL BUT I T RATE 1% (15000 GROSS AMT )DEDUCTED TDS 300 INSTEAD OF 150 ,TDS DEPARTMENT SEND ME NOTICE ON SHORT DEDUCTION ,PLEASE HELP ON THIS WHICH CODE USE IN TDS RETURN FOR SHOW HIGHER DEDUCTION PLEASE INFOEM ME THIS ON URGENTLY BASIS

property purchased in 2001 rs. 915000

property sold in 2007 rs 25,00,000/-
(as per sale deed rs. 25,00,000/- but actual sale for rs. 3,20,00,000/-)

case is in scrutiny,
A.O. told us paid tax on 3,20,00,000/- less indexed cost of rs. 915000/-

what is the remedy available to save tax?

DEAR SIR,

WE HAVE RECEIVED A NOTICE OF RS 2590.00 FROM TDS CPC AYKAR BHAWAN, PAYMENT IS RELATED TO INTEREST ON LATE PAYMENT. NOW MY QUESTION IS IN WHICH SECTION WE WILL MADE PAYMENT LIKE 194C, 194A, 194I, PLEASE HELP.

THANKS & REGARDS

VIPIN KUMAR SHARMA