Dear sir,
I have received demand of Rs. 1680/- under sec 143/1 by I.T department for A.Y 2013-14. But it is not correct because I have calculated total deduction under chapter VI A is Rs. 105015 i.e(80C Rs. 100000 & 80TTA Rs. 5015) But they calculated only Rs. 100000. Because of above reason i received this notice. Please solve my problem. I have file ITR-1

Dear All,
I just want to know what should i do incase if i want to file income tax return for asst year 2010-11 having TDS of rs 14000.

Sir,
I was sold land for Rs. 30,00,000 and deposited this amount in my SBI Bank Account. I also have saving account in union bank.
I was purchased REC capital gain bond by issuing cheque of union bank account. Because i also have a balance of Rs. 30,00,000 in Union bank A/c.
My question is :
Is it necessary for me to issue a cheque from SBI to purchased REC bond?
Can I purchase a bond by issuing a cheque from Union bank?

Please suggest me.....

Dear Sir,
A Sim Card and flexi recharge retailor who has sold flexi and sim cards of Rs. 30 lacs and thereon on telecome company paid him Rs. 1.5 lacs as commission. Suppose he sold flexi of Rs. 70000/- in a week and then he deoposited the same in his bank a/c and transferred the same amount in telecom company bank a/c.

While filing itr 4, his gross receipt would be consider as Rs. 30 lacs
or
only Rs. 1.5 lacs would be consider as his gross receipts.


Please advise me.

hi
My client is purchasing a car in cash for personal use of value 4.5 lakh. is their
any implication of income tax?
Please suggest

I have purchased a shop in the year 2010 for Rs.9Lakh, at that time had no income I borrowed Money from my father and taken loans from friends.
Till now I have not filed my IT Return.
Now I want to file IT Return. Can I file the Return for the FY:2010-11.
If NO then how can I show this transaction in the Return of FY:2011-12? Pls Help me.

Can we upload unsigned (not signed by auditors and directors.partners, etc) balance sheet and P/L of company with 44Ab report as same is uploaded with DSC.

GREETINGS TO EVERY BODY,

I WISH TO ASK ABOUT DURING THE PROCESS OF TAX AUDIT REPORT UPLOADING BY CA WE HAVE GIVEN THE OPTION OF UPLOADING THE RESPECTIVE ATTACHMENTS IN PDF FORMAT (i,e. P&L AND BS ...) WHICH SUPPORTS TO FORM 3CB OR 3CD SO, DO WE NEED TO TAKE RESPECTIVE CA SIGN IN PDF ATTACHMENT ? KINDLY SUGGEST ME.

AWAITING FOR UR REPLY

My Client has paid one time premium for 10 year policy in f.y. 2011-12. But he has not claimed deduction of the same in return for a.y 2012-13. Can he claim deduction of the same while filling return for the a.y 2013-14?

Can he claim tution fees paid for his children paid in earlier years which were not claimed by him in return of respective a.y in a.y 2013-14?

Please guide.

Please reply at the earliest.

asst. year 2013-2014
i have prepaird a non taxable return and uploaded but not send for processing.
after that i check that there is a interest of rs.2400/- bcoz i have filled the return in option of 'before due date' insted of after due date. so plz tell me weather i can upload the return again and send new copy to cpc,bangalore.