Deep Bhamla
22 September 2017 at 15:14

Tds on fd

Hello Everyone,
In 2012 my mother made a FD for 5 yeara in Bank on my name under her Guardianship. The Principal amount was Rs 130000 and the Maturity amount should be 200000. Nor mine neither my mother's PAN card was linked to that account. After the date of maturity the amount came in my account was Rs 16000 less i.e Rs 184000. Bank told me that TDS is deducted as the annual interest was above 10000. I've got interest certificate for all the 5 years from the bank in which deducted TDS is clearly mentioned.
My household income is below taxable income and now i want to file ITR for TDS Refund. Can I do that ? As PAN was not linked then i can't find any deduction in Form 26AS.
Do i need to contact a CA or I personally can do.
Please assist..
Thanks for your valuable time...

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Mayur`
22 September 2017 at 09:20

Home Loan

A Home Loan was taken by Father and son as both joint applicat. The Flat is in the name of father EMI is paid form father account where the son transfers money from his salary earn and father have savings Does deduction of section 24 of act will be applied to both or just for the father Principal repayment deduction can b claim by both or just by father Can the son claim Hra or no

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Prakash Rao
22 September 2017 at 06:20

House rent

Whether son can claim income by paying house rent to his mother.hiuse is in the of mother

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Mahendra Patel
21 September 2017 at 21:30

T/o

Dear Sir,

Last year i am not registered under any act Like sales Tax, Service tax etc
but my business T/O in is 32 lakh
sales 21 lakh
Services 11 lakh

can i show my t/o under income tax 32 lakh as a gross receipts ??
not registered in any act ?

now i am registered under GST but last year not ..

what can i do ?

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Salahu Pulikkal
21 September 2017 at 19:57

Refund

Paid refund shown in 26AS., But amount not credited in Bank account yet. what will do. ?

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sai sindura
21 September 2017 at 18:03

TDS on Immovable Property

What happens if TDS is not deducted by buyer and remitted to seller if property value is 50lakhs.Then who has to pay the TDS, will the seller be liable to remit the tax?

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Anonymous
21 September 2017 at 16:12

Which itr to fill?

If a person have income from other sources (commission, brokerage etc but its not his business) but dont have income from salaries and income is less than 10lakhs , can he file his return in ITR-1? I have this doubt because ITR-1 does not ask different sources for income from other sources, but only total amount and i have different sources of commission and brokerage. so, i wanted to ask if i could file it in ITR-1?

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Anonymous
21 September 2017 at 13:54

Tax audit 8% issue

Dear Experts,
We are proprietary concern firm in FY our turnover is 22 Lacs However NP is below 8% also the income is not chargeable to tax i.e. below 2.5 Lacs,
Pls let me whether tax audit will be applicable or not

Thanks
Rohit

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Anonymous
21 September 2017 at 12:02

Lic agent which itr filling

Sir i am problem ITR file Fill ITR-4 A.Y. 2017-18 but notice U/s 139(9) defective return I am a Lic Agent Please Problem solved

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Dattatray Kolte
21 September 2017 at 06:41

Capital Gain tax liability

I bought 1 bhk in year Aug 2013 with 1. flat cost - 2728000 2. Stamp Duty- 136400 3. Registration - 27280 4. other expenses like safety door and grill: 30000(but paid by cash) Due to some financial issue in year 2017 i want to sell this flat at 3875000. (Note: I have total 3 flat, 1. bought in 2009 got possession in 2014, 2. bought in 2012(the one which I want to sell) 3. bought last month Aug 2017 Question: 1. what will be capital gain tax i need to pay after indexiation. 2. if I invest all capital gain to repay loan for the flat purchased in Aug 2017, can I save the tax Thanks for the reply

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