TAX WAS DEDUCTED AT SOURCE FROM MY INTEREST INCOME AND TDS CERTIFICATE WAS ISSUED TO ME BY THREE PERSONS FOR ASST YEAR 2008-09. i FILED MY RETURN BEFORE DUE DATE. i CALIMED REFUND FOR TWO CERTIFICATES BUT FORGOT TO CLAIM FOR THE THIRD TDS CERTIFICATE. MY ASST IS COMPLETED. CAN I CLAIM REFUND OF TDS FOR ASST YEAR 2008-09 IN MY RETURN FOR ASST YEAR 2009-10

Our company has paid oecan freight to Maersk, MSC I P. Ltd and to other liners.

Shall we deduct tds these payments. The freight amount invoiced in USD and then convert in to INR . we have paid in INR.

Kindly advise

if a salaried employee is getting salary more than the exemption limit than the employer of that employee is liable to deduct tax at source for that year .generally tax should be deducted every month from the account of employee.my querry is that if the employer decides to deduct tax of the employee from july or aug or sep onwards for the whole year,than is he liable to pay interest as tax of every month is due on 7th of succeeding months and the tds has not been deducted for the month of april,may ,june.No liability for tds has been created for the month of april,may,june

what is the last date for filling the form 15G / 15H for the year ended 31.03.09. one of my client not filed the forms 15G/15H till date in the income tax department, our income tax consultant told us that if we have not filed the such forms in time then the ITO will added back the expenditure claimed by us in p & l account.in our income. please give your valuable advise that now what we should do ?

Whether the liability to deposit Advance tax is also applicable over salaried person? If yes, who will be liable to do so, whether the employer has to deduct TDS and deposit it or employee will be required to discharge the liability on his own in case employer is not able to do so? What if employee's salary was not enough in the beginning of financial yr that it will attradt Advance tax but subsequently increases after mid yr to raise his tax liability?

1).KYA YE SAHI HAI KI SEC 54F KE LIYE AGAR LAND PURCHASE KARE CONSTRCTION KE LIYE TO EXEMPTION MILEGA?
AGAR HAI TO WHAT IF CONSTURCTION IS NOT DONE, IS THE EXEMPTION AMT WILL BE TAXABLE?
2).KYA YE BHI SAI HAI KI YA TO APAN CGAS ME DEPOSIT KARE YA RESIDENTIAL PROPERTY PURCHASE KARE (MATLAB KYA DOMO ME SE KEVAL 1 OPTION AVAILABLE HOGA KYA)?

my client is a corporate assessee in the course of assessment under section 143 for the a/y 2006-07 the a.o pointed out that the assessee has not deducted tds on paymment made to contract for trasportation charges,the fact put in front of the a.o was that this service was being provided by the contractor out of agreement and as such he was raising a debit note on the company for the transportation charges, he has also confirmed he was deducting tax and depositing with the authorites on the same amount for which he was raising the debit note,even after lot of pleading the a.o diallowed the amount,the amount of demand was deposited with the tax authorities, simultaneously the a.o has imposed penalty under section 271(1)(C).
I am preparing to file a appeal with cit(a) my question is

can this be sustainable in the office of cit(a) as i have got the confirmation copy of the contractor in which he has mentioned that he has deposited tax on the same amount for which he is raising the debit note,this copy was also submitted to the a.o during assessment proceeding .

i would be greatful to all of you,kindly help me out


ca fareed ahmad khan

If I got the Bill for exps Amounted rs 22,000 which contains exps of F.Y. 2008-09 15000 and 5000 exps. for F.Y.2009-10....Should I make tds on paying this consolidated Bill...this bill dated of current financial year...

ONE OF MY DIRECTORS HAD FILED(WOMAN) HAD FILED HER RETURN FOR THE ASSESMENT YEAR 2006-07. Declaring her income as Rs.2,28,000.00 which also included capital gains(indexing) of Rs.83,000.00 . The tax was paid by her in normal rates as applicable to an individual.

During the assesment the income was arrived at Rs.2,91,971.00. Since special rates was imposed on capital gain,she was required to pay only Rs.7,600.00 as additional tax which was duly paid.

In the penalty proceedings however, the ITO HAS IMPOSED PENALTY OF RS.21,522.00 ON AN ADDITION OF RS.63841.00 (100% OF TAXSOUGHT TO BE EVADED ON THE ADDITION).
MY QUERY IS WHEN THE ADDITIONAL TAX ITSELF WAS RS.7,600.00 ON THE COMPLETION OF ASSESMENT SHOULD THE PENALTY ALSO NOT BE IMPOSED ON THIS TAX ONLY?

An assessee has received his Form no 16 for TDS for contract after 1 year can he claim deduction? And if he receives this form after 2 year can he claim the deduction? What is the validity of this form?