Easy Office
LCI Learning


Mohd Sarfaraz Latibani
This Query has 2 replies

This Query has 2 replies

13 April 2009 at 20:23

Basic Salary

Dear Sir/Madam,

I want to know while calculating Income Tax on salary basic salary should be how much in hyderabad.Whether it comes under metropolitean city or not.

Thanks


Mohd Sarfaraz Latibani
This Query has 1 replies

This Query has 1 replies

13 April 2009 at 20:22

I.T For A.Y. 2007-2008

I want to submit Income Tax return for assessment year 2007-2008 Can I file the return now. Whether they will levy any penalty on me.

Thanks


Mohd Sarfaraz Latibani
This Query has 3 replies

This Query has 3 replies

13 April 2009 at 20:22

Basic Salary

Dear Sir/Madam,

I want to know while calculating Income Tax on salary basic salary should be how much in hyderabad.Whether it comes under metropolitean city or not.

Thanks


Mohd Sarfaraz Latibani
This Query has 2 replies

This Query has 2 replies

13 April 2009 at 20:21

I.T For A.Y. 2007-2008

I want to submit Income Tax return for assessment year 2007-2008 Can I file the return now. Whether they will levy any penalty on me.

Thanks


Mohd Sarfaraz Latibani
This Query has 2 replies

This Query has 2 replies

13 April 2009 at 20:21

Basic Salary

Dear Sir/Madam,

I want to know while calculating Income Tax on salary basic salary should be how much in hyderabad.Whether it comes under metropolitean city or not.

Thanks


Mohd Sarfaraz Latibani
This Query has 3 replies

This Query has 3 replies

13 April 2009 at 20:20

Basic Salary

Dear Sir/Madam,

I want to know while calculating Income Tax on salary basic salary should be how much in hyderabad.Whether it comes under metropolitean city or not.

Thanks


Mohd Sarfaraz Latibani
This Query has 2 replies

This Query has 2 replies

13 April 2009 at 20:19

Basic Salary

Dear Sir/Madam,

I want to know while calculating Income Tax on salary basic salary should be how much in hyderabad.Whether it comes under metropolitean city or not.

Thanks


Mohd Sarfaraz Latibani
This Query has 3 replies

This Query has 3 replies

13 April 2009 at 20:18

Basix Salary

Dear Sir/Madam,

I want to know while calculating Income Tax on salary basic salary should be how much in hyderabad.Whether it comes under metropolitean city or not.

Thanks


J. V. Adavi
This Query has 2 replies

This Query has 2 replies

13 April 2009 at 19:46

Interest on Refund

My son e-filed his return of income, for A.Y.2007-2008, on 27-07-2007, and filed Verification form in ITR-V on 14.08.2007. He claimed a refund of Rs.87,365/-. The Assessing Officer issued a letter, dated 23-12-2008, requesting for furnishing Form 16A and TDS certificates for processing of return and issue of refund (if any). On 12-01-2009, the original TDS certificate of the employer, in Form 16, showing a total TDS of Rs.5,32,981/- (as shown in the return of income), was submitted at the I.T. Office.

The Assessing Officer issued Intimation under Section 143(1), dated 31/03/2009, showing TDS of Rs.3,20,596/-. This figure appears to bear no relation whatsoever to the figures shown in the e-filed Return of Income. Further, the Assessing Officer has shown an amount of Rs.1,40,785/- as Tax Payable, including interest under section 234B and 234C.

My son filed an application, on 13-04-2009, under section 154 and 155(14), for rectification. Hopefully, the rectification will be carried out, and refund with interest will be granted.

My query is this:

With reference to which of the following dates will interest be calculated:

1.Date of e-filing of return I.e.27-07-2007;
2.Date of filing Verification form in ITR-V I.e.14-08-2007;
3.Date of submission of the TDS certificate requested by the Assessing Officer I.e.12-01-2009;
4.Date of filing of Application for Rectification u/s 154 I.e.13-04-2009?


Manash
This Query has 2 replies

This Query has 2 replies

13 April 2009 at 17:23

TDS

Dear Experts,

A company is paying to a hotel group for their annual meeting amounting to Rs.200000, including Room Rent, Fooding & Transportation.

Please suggest the TDS treatment.