Sir,

A govt employee donot file his return for FY 2014-15, he also sold a land for same FY 2014-15.A notice receive cash transaction more than 10Lac.
Now what is the way to rectify it.
Plz advise

If income tax return has been filled and processed by CPC,can it be revised after that and if so what is the time limit for that? kindly reply as early as possible,THANKS IN ADVANCE

am selling a land on March and from that proceeds of the sale 50 lakhs is deposited in 54EC scheme in the same financial year and another 50 lakhs is deposited in next financial year( with in six months) .can I claim 1 cr deduction ?

Dear Experts,
An accountant provide the service to various clients on part time basis No timing of working is fixed however he also work from His residence of some of the client, pls let me under which head his income will be consider whether income from salary or income from business & profession? Or it is income from other sources,

Thanks & Regards
Raj kumar

Sir,

Recurring deposite in tally comes under which head investment or bank.
And how to pass the entry in tally Interest received from Recurring deposit.
Please guide me.

In profit and loss account, whether sales are shown including of vat and purchase are to be shown including of vat.
or we should show sales net of tax and purchase excluding vat by treating vat on purchase as asset and vat on sale as liability?

Please Suggest

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...

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

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

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 ?