what is the maximum time limit the assessing officer has to serve the demand notice under section 156 of income tax act 1961.
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I am facing difficulty in filing income tax return........please guide me the procedure of filing income tax return
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We have to make payment of Euro 16,500/- to forein pary towards engineering support for our project (techincal consultancy) Please tell me is their any tds applicable u/s 195 & if yes what is percentage and procedure.
Hi everyone,
I have qury pls try to solve it as soon as possilbe
My brother earning in US and transmittes money in NRE account in India.He also invest in Mutual funds in India thru the same NRE account. During the year he also have some STCG and LTCG. So my query is whether his STCG n LTCG incomes be availed as cliam in 80C. And the income he transmitts in India, where shud the asme be shown while filling income.
Please help as soon as possible.
Regards
Juhi Agrawal
when i fill up itr forms. requires bank micr code, but my bank has not micr code how to fill up. whenever not mentioned micr code excel sheet does not validated. so, how to submit online itr forms.
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hi i am having 7,80,000 sal pa. up to how much exemption i can get where can i invest the amount for saving the tax
I have received a gift in cash of Rs. 1,50,000/- from my grandmother (she has no identity or address proof). So, my quetion is that will this gift be taxable? & what will be the stamp duty charges for such gift deed? also, is it necessary to get such gift deed notarised from any advocate, so as to prove such gift transaction in front of any income tax officer or assessing officer? if yes, then what will be the stamp duty charges & the notary charges for such gift deed? PLEASE HELP ME OUT????
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Sir...is there need to deduct TDS on payment to transporter....
WHAT WILL BE YOUR ANSWER IF TRANSPORTER DO NOT PROVIDE PAN NO....
Dear Sirs,
I would like some advice on how to pursue obtaining my income tax refund. I have filed my return for the last 3 years electronically with CPC Bangalore and for all of them the refund has been approved, as indicated by the Intimation U/S 143(1) which I have received back from them. I had asked for the refund to be deposited in my bank account by ECS, however no refund has been received for any of the years.
When I check online I find refund status as “Failed”. However reason for failure is only given as “Others”. There is a Response Sheet for refund failure, however the only thing to rectify on this sheet is bank account details. In my case the bank account information I provided on my return was accurate, so there is nothing to rectify.
The refund status also states I can contact SBI refund banker to obtain further details. I have contacted them by e-mail (itro@sbi.co.in ) and phone (18004259760) with no response. I have also contacted IT Dept CPC in Bangalore by phone (18004252229, 080-43456700, & 080-22546500), no response, and also tried ASK (Aayakar Sampark Kendra) by writing to refunds@incometaxindia.gov.in and called them at 0124-243-8000 and of course no response.
Finally, I saw a new facility on the IT e-filing website (https://incometaxindiaefiling.gov.in/portal/index.do ) where you can request refunds to be resent by mail (by paper to PAN address). I did this about 3 months ago, but there is nothing happening. Also, there is no facility to get any further status, since they do not allow any inquiry until prior request has been answered, and they are not answering the prior request (they have not even assigned a ticket number to the requests even after so many months)!
Also, in my Form 26AS for FY 2011-12 (AY2012-13) CPC Bangalore has reported Interest earned and TDS for the interest on the refund that they have supposedly paid me, even though I have not yet received anything!
I would really appreciate any advice on why this problem is occurring and how to pursue this so I can get my refund. Thank you for your help.
In what cases Change in method of depreciation is allowed ?????????
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DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Income tax