A Government Employee, having only Interest income (chargeable to Income fromOther Sources) other than Salary, receives Rs.25 lakh on retirement under various heads - Gratuity, Leave encashment, Provident Fund, etc which are exempt from tax.
1.Which is the appropriate form of return - ITR-1 or ITR-2?
2.If he is required to mention these receipts in Return?

NEW TDS RULES DECLARED IN FEB 2010 ARE APPLICABLE FROM 1ST APRIL 2009 ONWARDS OR FROM DATE OF NEW RULES BEING DECLARED. THE CERTIFICATES (I.E. FORM 16, FORM 16A) WHICH ARE ALREADY ISSUED WILL HAVE TO BE ISSUED AGAIN IN THE NEW FORMAT? PLZ REPLY SOON.

During the F.Y. 2008-09 total Transportation Charges under various purchase bill of material was accounted where transpiration was part of entire bill and accumulated amount was Rs. 1,21,000/- and TDS was not deducted on it as the same was considered as purchase of material.

Kindly let me know that.

1)Is TDS gets attracted on this?
2)If yes, now at what rate TDS to be deducted and paid to govt. as rate of TDS in both the F.Y. are different?
3)At what rate Interest & penalty needs to be calculated and under which section?

Regards,

sir,

I am trying to upload form no 15ca for one of my clients. I filled all the required fields and all the details about remitance and remitter, the accountants details etc.
but when I press the 'Proceed' button the page is showing as ' error in page' and not going further to next page where I can submit the form and get the ackw number for submission of form. pleae let me know what might be the reason for the error when i press proceed button. I tried in different systems and different time and diffenent internet service provider.same result.. any solution experts !!!

If Company vehicle is used by staff for Official purpose and journey from residence to Office and all the running expenses & driver salary are reimbursed to employee so it is a perquisite or not . Further Journey from residence to office come under Official or Private . In all above cases the employee will get conveyence allowance exemption or not .

SIR,

IN ONE OF MY CLIENT CASE INCOME TAX DEPRMENT IS NOT GIVING REFUND BECAUSE THE TDS DATA IS NOT TALLIED WITH NSDL DATA. WE HAVE ALSO PRODUCED ORIGINAL TDS CERTIFICATE TO AO. IS THERE ANY CIRCULAR IN WHICH CLERIFY THAT ITO CAN ISSUE REFUND ON THE BASIS OF ORIGINAL CERTIFICATE. THE NON MATCHING OF DATA IS DUE TO NON SUBMISSION OF PAN IN THE TDS RETURN BY THE DEDUCTER. THE CASE IS ON A.Y. 2008-09

A land purchased in year 2003-04.
The construction on the land had been started in 2005-06 and completed in 2007-08.
The same has been sold in year 2009-10. The sale consideration includes value for land and building. No bifurcation is available.
How to calculate Capital gain/loss.
How to find whether the gain/loss will be short term or long term.
How indexation can be done.

One of my friend recd a notice u/s 142(1) for furnishing return, but from last two years, he was not filing his return, as he closed his business 2 years ago & now he doesnot have Income exceeding Minimum tax slab.

Kindly suggest me, what should we do now & which ITR form should be used as ITR-4 is for PGBP, but he is not operating any business now.

Hi guys,
I registered a public limited company 2 years ago. I had to file income tax return for same last year septemeber.I could not file at that time so I asked my CA to file it now. I have not got a good CA, so just want to confirm few things. I will really appreciate if any kind soul can help me.

1> My CA is saying that he can not use digital signature first time. I have to courier my ITR to bangalore (Ordinary post).

2> Now If I courier my return to bangalore and it get lost on the way, What proof do I need, in case sometimes in future Income tax department ask for same.

2> Can I file a physical copy of return in Hyderbad. Company is listed in Delhi and I am in Hyderabad currently.

3> Any thing that you think I need to take care.


Regards
Dinesh

Sir,
This is regarding refund of TDS made 3 years back and i was waiting for the TDS certificate and i got the same recently and on filing the Dept denies to issue, Can any way get the refund,,, Is it amounts to Genuine Hardship, can any one quote any caselaw relating to the same situation, Pls help