Insurance commission earned Rs. 350000 TDS is deducted u/s 194D. No expenses are claimed. Can I file ITR-4S in such a situation?

sir i want to know which accounts to be presented in the tax audit report in case of dissolution of firm. whether realisation account and cash account is to be presented ? since there are no balances in balance sheet how to present balance sheet as on the date of dissolution ? whether nil balance sheet to be presented ?

Dear all,

Please help me in calculating interest U/s.234B for AY 2009-10 for Companies if Tax on income (after surcharge and educ cess) is 7,08,81,137/- TDS Paid 42,80,990/- no advance tax paid and self assessment tax paid in march 2010 65295969/-. Intimation U/s.143(1) 15-6-2010. Kindly reply immediately it is urgent

Does Gift Received from Grandmother or any other Relative as per definition of Sec. 56 of Karta of HUF is taxable to HUF. If not Please suugest me why. IF there is any case laws favouring it, Please suggest the name of that.

LET ME KNOW WHERE CAN I SHOW THE NET AMT RECEIVED(WITH DEDUCTION OF ALLOWANCE & UNDER 80c)FROM EARLIER EMPLOYER FOR THE PERIOD APRIL 10 TO OCT 10 IN FORM 16 (NEW FORMAT)
SALARY DETAILS ARE AS UNDER
GROSS SALARY RS.226000(FROM OCT TO MAR 11)
EXEMPTION RS.61706
PT RS.1100
UNDER 80C RS.74500
NET TAXABLE INCOME RS.88694
INCOME FROM PREVIOUS EMPLOYER RS.158959
TOTAL TAXABLE INCOME RS.247653
TOTAL TDS RS.9028
TDS DEDUCTED BY US 7188.00
TDS DEDUCTED BY PREVIOUS EMPLOYER RS.1840

LET ME KNOW WITH THE SAMPLE OF FORM 16
FILLED ONE

One of my clint co is amalgamating with a loss making comany for getting tax benifit. it has file pition in court before 31.03.11. Now if all fomalities of courts get effected before 30th sep.11 than is it possible to get tax benifit for this assessment year. Pls qoute section also.

A person is director in a Pvt Ltd company and has salary income from company. Also he has Rs. 8 Lacs interest income and he also paid Rs. 7 Lacs interest on loan but he did not deduct TDS on that interest payment.

Pls clarify can he claim the interest paid from his interest income or can we claim that interest paid for taxation purpose.

Woman assess having her PAN (before marriage) want to change her name after marriage and include her inlaws lastname in her full name.

Now which form is to be submitted - Form for correction.

Now the same PAN is issued with change of name? If yes, then the PAN format i.e, 5th letter doesnot match with new last name.
What is the solution for the same and what is the procedure to change name in such circumstances?

AN EMPLOYEE IHAS RESIGNED IN JUNE
WHAT SHOULD THE COMPANY GIVE TO HIM FORM 16
WHAT IF TDS IS DEDUCTED FOR THREE MONTHS
WHAT IF TDS IS NOT DEDUCTED

Hi Experts,

Suppose while filing the return for FY 2010-11 I claim deduction u/s 80JJAA for previous 3 years i.e 2008-09, 2009-10 and 2010-11.
Is it correct or I need to claim deduction in each year of filing the return i.e FY 2008-09 , 2009-10 AND 2010-11?

please clarify.

Thanks
Sumitha