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robin
15 August 2012 at 22:03

Tds on interest by bank

Whether tds for a fy is deducted from interedt recd from both savings acc balance and fdr if cumulatively exceeds rs.10000?

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Anonymous
15 August 2012 at 21:44

44ad

Dear expert,
If a party opts Sec. 44AD and department is not in possession of any adverse material against assesse. Thereafter, still the department can ask assesse to produce books of a/c of relevant year or not.
Please advise me.

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MANOJ KUMAR
09 August 2012 at 10:47

Calculation of income tax

MY BUSINESS INCOME IS 407800 FOR ASS. YEAR 2012-13.MEDICLAIM FOR RS 9326. ADVANCE TAX DEPOSITE RS 20000 ON 8-03-12. PLS TELL ME AMOUNT FOR SELF ASSESMMENT.

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yashsr



Hi,

Since the past 2 days I've been trying to upload 2 ITRs.. One is ITR-6 for a Pvt Ltd Company and the other is ITR-4 for a Tax Audit Proprietor. Digital Signature is required for both.



In case of ITR-6, I get an error that there is some problem with the server.



In case of ITr-4, I get the following error:

PAN provided at the time of registration of DSC and PAN provided in verification portion of IT return do not match. Please ensure that the person verifying the IT return is the same as the person who has registered the DSC Please rectify the Above error(s) and upload your return again



Name in PAN records is Krishnakant . His usual name is Krishna. Could this be causing any problems?



I've tried 4 different web browsers on 4 different computers. Please help!

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Anonymous

Mr xyz huf has given the building as warehouse to his relative firm to store the stock .Building insurance is paid by the firm as per the agreement clause.Is firm eligible for deduction of insurance exp?under wh
ich supporting ?

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deepika dhakad
07 August 2012 at 13:21

Amount transfer in nre account

My client is having a status of NRI. He has invested amount from NRE a/c to Fixed deposit accounts (FD a/c) in bank of Baroda in India ( He have NRE a/c and FD a/cs both in same branch of Bank of Baroda in India). Now he wants to transfer amount of all FD a/c again in NRE a/c.

Plz provide us complete process/ relevant forms/ documents in detail for transfer amount again in NRE a/c and impact thereof as per FEMA and Income tax act.

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Prasant Thakur
07 August 2012 at 13:21

Chargeability of capital gain

An assessee made an agreement with a property dealer on 25/04/2009 against purchase of a flat and the following payments were made during the Flat was under construction period :
F.Y - 2009 -10 - Rs 2726800
F.Y - 2010 - 11- Rs 2722892
F.Y - 2012 - 13- Rs 456182
Sold the Flat on 28/05/2012 without taking any possession of the flat .
Kindly advise us whether indexation benefit will be available or not ,if the amount is charged as LTCG ? how the payment made in F.Y 10-11 & 12 - 13 is to be treated ?

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Anonymous
03 August 2012 at 20:11

Agriculture land

An assesse's mother sold a agricultural land for cash & had received & deposited such money in installments in her bank account. Now, she wants to gift such cash sale proceeds of agricultural land to her son (assesse) for which she ready to undersign a gift deed.

So, my question is CAN SUCH GIFT BE ACCEPTED & SUCH SUM OF Rs. 30,00,000/- approx. be transfered from assesse's mother's bank account. Also, can he take gift such a huge amount.

IF YES, WHAT WILL BE THE DOCUMENTS REQUIRED TO BE GATHHER & MAINTAIN BY THE ASSESSE FOR PROVING THE GENUINESS OF SUCH TRANSACTION.

Further, is it required by the assessee to prove the genuiness of the gift from the donor .i.e. his mother??

Respected Sir, Can you Please tell which land will be said to be sold under rural area???

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Kiran
01 August 2012 at 15:42

Tds late payment

Hi
Please clarify my doubt regarding TDS late payment I forgot to pay last year June month TDS. Now the party is asking form 16A. can I pay the TDS this fiscal year. If its, what shall I do for late payment interest and e-tds filing?

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Partha Sarathi Mohanty
31 July 2012 at 12:21

Wrong assessment year in chalan

while making self asax due for last yeasesment Tax chalan for assessment year 2012-13 i wote 2011-12 as assessment date. how do i correct it now?? I learnt we have to contact AO?? but how.. through mail or personal letter??? please let me know.. and how do we identify the AO's email id or address

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