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

A pvt company has been alloted PAN card which shows the status as "Firm". The mistake is on the part of NSDL as the PAN application filed was correct. We have filed the online return as per the Wrong PAN and it is going to the wrong jurisdiction and not to the company. Can ITO process the return u/s 143(1) summary assessment and issue refund accordingly?

Whether TDS is applicable on payment made to Subscription & Trade Membership?
If yes, under which sec & rate?

Thanks

Best regards
Ashwini

we have deducted tds on pyament of foreign company for professional & technical services in india.

now we have to furnish the TDS return, what is the process of furnishing TDS qarterly statement because PAN of the deductee is not available

Dear Sir/ Madam

One person sold his long term plot in june 2008 and now he applied in june 2009 by sending 110000 rs for self financing scheme and one residential flate has been alotted to him. but he never deposite any sum in deposite scheme. he has to file his return of 08-09.

Now pls tell me, what he can do to get the deduction of Sec 54F.

Thanks,
Abhishek Jain