While completing Assessment u/s 143(3) of Income Tax Act, 1961; AO added certain portion of Agricultural Income (not disclosed in return of Income filed by Assessee u/s 139(1), but declared during the course of Assessment Proceedings) as Income from Other Sources. AO further imposed penalty u/s 271(1)(c) on such income. However is Section 271(1)(c)applicable to such Agricultural Income not declared in return of income but declared during the course of assessment proceeding?

HOW CAN A SON GET/TRANSFER THE CREDIT ON HIS NAME OF TDS DEDUCTED ON FATHER'S INCOME AFTER THE DEATH OF FATHER

My father is a salaried person and he has got his Form 16 by his employer and now he wants to file his ITR . Is he required to get it audited by CA before filing return .
If he also has Rent income then also is he required to get accounts audited.

deposited income tax but there is not liability for A.y.2014-15.CAN I RFUND IT?if yes how can? plg guide

Dear Sir,

During the year 2012-13, Company "A" received fund from company "B" where the director of "A" company is a director.All amounts were received through Bank transfer. The amount has not been repaid by Company "A". However while going through the audited accounts of Company "B", it has been understood that the due has been repaid by the common director and settled the accounts accordingly.

What will be the recourse to settle the issue in the books of "A".?


Can we show it as Share application money received from director by passing journal entries in the year 2013-14 and issuing shares in the name of director?

It is not possible for us to correct the accounts in the books of Company "B" which is in no way accessible to us.

Please advice,

Regards,

CA Sajana E V.

Please guide me how to receive a tax free gift from my NRI real brother.
Thanks in advance.

My friend intends to gift one of his house property to his son. He likes to know the tax implications under Gift tax act and under income tax for him as well as for his son.Pl clarify.The value of the house property is more than Rs.50000/=

A COMPANY HAS CHANGED ITS REGISTERED OFICCE FROM WEST BENGAL TO DELHI. PLEASE TELL THE COMPLETE PROCEDURE TO CHANGE THE JURISDICTION.

A person is paying interest on loan against property . He wants to know is their any rebate for this under Income tax act. He has salary income , rent from house property and Pension.
I also want to how to prepare his Income tax file with this income for the first time.

Can office wear allowance be treated as uniform allowance? If a company is paying office wear allowance and there is no specific uniform for any employee, can such allowance be exempted against shopping bills of cloths used to buy cloths which employee wear in office.