Hi,

It seems I did a huge mistake and realised it a little late.

I have two PAN Cards, one which in use about 4 years ago. I lost that PAN applied for a new change and IT Dept. issued new PAN. That was shear carelessness and I agree I should have behaved responsible.

Now the card which was issued to me as a replacement has been in use currently, infact I have never quoted my old PAN after receiving my new one.

I have even applied for cancellation, I have requested IT Dept to cancel my old card which is not in use and infact I don''t even posses.

I would like to understand whether IT Dept will act per request of cancelling my old card or they will decide as to which card to cancel.

I am trading in Commodity Market via MCX Exchange on daily basis. I would be greatful if my query regarding rate of Tax applicable in my case, whether it is treated as Business Income or Speculative Income. My second question is which figure should be taken as total turnover for the TAX Audit purpose only either it is sale value of all the contracts or total of profit & loss on settelment of contracts or margin involved on daily basis.

Thanks & regards

Sir,
I have filed E-TDS Returns through NSDL RPU. I have received TDS Return Defaults in respect of delayed payment of tds and interest thereon and Wrong PAN resulting into 20% TDS. I have corrected PAN Record and submitted correction statement through NSDL. Now as regards interest I have paid through challan. What Way I have to solve this interest default ? Please guide. Am I suppose to write to ITO or file correction statement again. As filing correction statement is not possible as I am not getting old CIS file from the NSDL. AS NSDL DO NOT GIVE MORE THAN 15 MONTH OLD CSI FILES

1.What is a search report? (purpose for which it is prepared - any one purpose or multiple?)
2. What are its contents?

thanks.

Please provide me Link or Way by which i can cheack PAN details Specially Father's Name in Income Tax Directorate database.
Creating Dummy Challan is providing Assessies name only.

Support.

I am earning salary from M/s XYZ Ltd on which XYZ deducts TDS.

I am also karta of my huf.

I am receiving commission on sales from XYZ but in huf capacity and not in individual capacity.

Will this income of huf be clubbed with my individual income ??

If yes please specify which sections talk about it ??

If the owner of land & developer joins together and enter into a development agremeent and all the conditions of section 80ib(10) are fulfilled then who will be eligible for deduction u/s 80ib(10)i.e. owner of land or the developer of property.Give your reply with a suitable case law if you have.

Dear Experts,

we have to deposit only penalty for late payment of TDS for the A.Y. 2010-11 on the TDS of compound payments to u/s 194C, 94H, 94A etc then in challan 281
(1) what is to be mentioned in Type of payment Code ?
(2) where to tick ------company deductee / Non company deductee ?

Please answer

Dear Sir,

What is Annual Information Return? Who is required to file?

Regards,
Shrishail.

I APPLIED FOR CHANGE OF RESIDENCE ADDRESS FROM BANGLORE TO DELHI,IN MY PAN CARD.I HAVE RECEIVED THE NEW PAN CARD BUT THE INCOME TAX SITE IS STILL SHOWING THE OLD AO CODE OF KARNATAKA.
WILL MY AO CODE NOT BE CHANGED AND IN THIS CASE IF I FILE RETURN WILL I BE ASSESD IN KARNATAKA?