sir, i am a govt. employee. my gross salary in financial year 2010-2011,is 278087 my h.r.a. is 22024 and i have receipt of home rent of 24000,my saving is 37718. so what will be my income tax according assesement year 2011-2012.please calculate.
Answer nowIF A LAND IS IN NAME OF "MR. A" AND SHOWN IN BOOKS OF MR. A. IN FUTURE CAN IT BE TRANSFERED TO " A & SON'S (HUF)" WITHOUT ANY CONSIDERATION AND REGISTRY TRANSFER.WHAT INCOME TAX HAS TO SAYS IN THIS MATTER?
Answer now
Dear friends/sir,
A is privat limited copany in which capital employed is 100000 Rs and total prilimary exp is 14215 Rs. totaly exp is relats to formation of company. how much amt should be allowd me u/c 35 D.
IF AN INDIVIDUAL HAVING INCOME FROM AGRICULTURE IS RS.5000/-MORE WHICH ITR FORM HE SHOULD USED TI FILE INCOME TAX RETURN
Answer nowDear Sir,
I have e-filed ITR-4 for AY-2010-11 and received intimation u/s. 143(1). While making the assessment by the CPC, they have not credit the self assessment tax Rs. 8475/- as a result they have raised demand of Rs. 8475/-.
How can I apply for rectification online u/s. 154? Pls. let me know the procedure of the same.
Thanks,
Dulal Chatterjee
can i so other vehicles income 9500 per month .i have four wheeler vehicles.
DEAR SIR
MY FIRM HAS TOTAL TURN OVER IS 53 LACS AND INCURRED LOSS OF RS 10 LACS. THIS IS FIRST YEAR OF PARTNERSHIP FIRM.
AND WHAT IS DUE DATE FOR FILLING OF RETURN?
1. If we want to submit non taxable return of assessment year 2010-11 than can i claim the deduction chapter VI-A
2. what is the time period of deposition of TDS amount in bank deducted from the different vendors
if an assessee lived in his own house for 7 months during the financial year. after 7 months he sold that house and lived in a rented house for 5 months.
in this case, is the assessee eligible to claim deduction u/s 80GG.
If yes, how this shall be computed in this case (as he lived in the rented house for part of year)
Dear Sirs,
I have purchased a property in Oct 2010. The agreement value is 16 lacs and its been registered and stamp duty paid in Jan 2011. I also got an Index-2 for the same. While my form-16 was processed by my employer without considering the stamp duty & regn. charges, can I reduce my taxable income in the returns that I will now file. Also, the deduction under 80C already exceeds 1 lac in form-16, so will I be eligible to still avail benefit of payment made to Govt as SD & Regn charges ? also, the CC of the bldg. has been received in Jun 2011, does this have any bearing ? Pls advice.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
What is tax ?