In AY 12-13 the assessee's accounts were audited and no TDS was required to be deducted.
For AY 13-14, is there any any compulsion to obtain a TAN no., deduct TDS & send the quarterly returns for the above said assessee if it is not expected to fall in the turnover bracket where audit would be compulsory.
Dear sir,
I had filed my return for A.Y. 2012-13 in manually form and deposited in Department but now i want to revise it by using efiling . please suggest me because i have a tds refund in that case so please suggest me ..
dear experts
i have following querry.
I am planning to open Post office recurring deposit ( 5 years) in the name of my kid ( minor).
on maturity, is the interest is exempt from income tax ?
Dear Sirs & Friends,
I want to file online IT Return for my Co-Op Hsg Society, but for the same i have register the pan no. of the society, while registering the PAN No. IT asks me about the Surname and Mothers maiden name, fro where should i bring this, please help me to register the same, please give me some idea as to how i should register the PAN in Directorate Income Tax Site and file Online return.
Thanks to all
Hello Everyone,
One of my client had purchased Shop for his business for Rs.9 lakhs. And then he had made some capital expenses for his shop. But due to some reason he sold his shop for Rs.12 lakhs. Then whether the capital expenditure will be allowed on the Short Term Capital Gains which he made.
Thanks In Advance.
why and when we file the TDS and TCS Return In Yearly And Half Yearly
Answer nowCAN ANYONE PLEASE PROVIDE ME FULL TEXT OF FOLLOWING:
(F No 173(3)/10/2009-ITA-1 dated 13/May 2009
Thanks & Regards,
HARDIK
Dear Experts,
Please help urgently, letter for non filing of ITR received.
In AY 2011-12,total turnover in stock trading was as -
Intraday Trading-1.5 lac
Delivery trades-15 lacs
Profit/loss
Intraday Trading- loss of 31 thousands
Delivery trades- profit of 20 thousands
Total Income (from rent and bank interest) was Rs. 1.10 lacs.
No ledger,books were kept only record of buy/sell price & quantity and net loss/profit was maintained and no audit was done.
Under which section 44AB or 44AD income should be shown so that need for maintaining books and getting audit done does not arise ?
Thanks
I had sold non agricultural property in one year after its purchase.
What are the provisions and how i can save my maximum tax?
In which account should i deposit the sale proceeds? Should i deposit entire sale proceeds or only capital gain?
If it is compulsory to open a deposit account then for how long should i keep that deposit and what is the tenure for which i should keep my deposit?
On behalf of my Private limited company, I deposited an Advance tax for A Y 2011-12 of Rs.190000/-. As IT Deptt. not received the amt of Adv Tax they issued us an intimation u/s 143(1) and order to pay demand of Rs.156594/- correspondingly adjest the refund amount also.
The Date of Intimation was 28/01/2012. On further verification it was found that the Bank had not paid the said amount to Income Tax Authority and now they are ready to pay the said amount of 190000/- to us. As the bank is ready to pay the amount back to us, Then we have to pay the amount to I Tax Deptt. along with interest.
Will we have to pay the interest from the date of intimation (28/01/2012) till date.
Plz Reply Its Urgent.
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Applicability of tds