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jayant dethe
18 October 2017 at 03:54

Regarding interest u/s 234

for ay 2016-17 one of my friend having total taxable income was Rs. 18,10,760/-and total tax payable was Rs. 3,79,275/- and relief under section 89(!) was Rs 3,10,006/-and hence tatal income tax liability was Rs.69,269/- and same amount has been showing in form 26as for ay 2016-17 and transaction date showing in form 26 AS is 21 june 2016 and booking date is showing is 8 june 2017(against Rs. 69,270/- single tds transaction) . and i file income tax return on 15 august 2017 .and at the time of filing income tax return u/s 139/4 it was not showing interst u/s 234 A,B,C but when i recieved intimation u/s 143(1) it is showing interest
234A- Rs. 40.300/-
234B- Rs.55,800/-
234C- Rs.11,470/-
sir why it department has levind interest on this .please help .thank you

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RK AND ASSOCIATES
17 October 2017 at 22:45

What is date of deduction for march

we know that TDs on salary deducted on payment basis is.april months salary will paid in may and mays in June so for quarter 1 do I have to record only two months TDs April and may because June months TDs would fall under q2 ... same what is date of deduction for salary in march as march salary paid in April

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goutam chakravorty
15 October 2017 at 19:17

Itr1

This year I am late in filling IT return as I was abroad. In fact its not yet done. I want to do it now online. Is it possible & if so what is the process?

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Sagar Madhukar Saste
15 October 2017 at 18:39

Can Extent audit due date 17-18

Can Extent audit due date 17-18

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Shubhi srivastava
15 October 2017 at 14:52

43 is applicable on tds or not..??

I have a query regarding tds..whether section 43b covers TDS or not..??

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M.M Sachora
15 October 2017 at 11:37

Capital Gain

Dear sir I have question that if a person sale old share (listed) which was purchase by him more then 10 year ago and value of consideration is about to 2700000 as of now so is that liable to Capital gain under income-tax act or exempt ??? and also he must show in the return after sale of share ??

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V R N

up to last year minor income is clubbed with parents income while filing IT returns , this year pan number is applied for minor and TDS is deducted on fixed deposit by Bank on minors PAN number , now please suggest how to file IT returns. Can we club the minors income with parents income then how to claim minors TDS or else we have to file IT returns seperately

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Gautam Chamaria
14 October 2017 at 23:38

Tds

TDS was not deducted in P.Y. 16-17 , but was deducted and paid on 31 May 2017. Is the expenditure allowable in P.Y. 16-17?
Pls provide answer as per Section 40(a)(i) of the Income Tax Act.
Thanx..

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Gautam Chamaria
14 October 2017 at 23:29

Tds

TDS was not deductes in P.Y. 16-17 , but was deducted and paid on 31 May 2017. Is the expenditure allowed in P.Y. 16-17?
Pls provide answer as per Section 40(a)(i) of the Income Tax Act.
Thanx..

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Anonymous

Dear Sir/ Mam,

My uncle who is an NRI, who has received income U/S. 195 "Other Sum Payable to a non resident" for the sum of 1,81,385 and on this TDS has deducted for the sum of 56,078 for the A.Y. 2017-18.
I have filled the return for the A.Y. 2017-18, claiming the TDS refund.
I want to know that whether TDS deducted U/S 195 is refundable for NRI?
Please do the needful.
Thank You...

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