This Query has 2 replies
From 2011 to 2019 TDS was deducted from my Father's salary. He never filed a return to claim the refund. This year while filling his first return it was seen that huge amount of TDS in 26AS but the CA who filed his return said that the Previous Year TDS cannot be claimed in case of salary. Is it true? Can I claim my Father's unclaimed TDS or its lost? Please help.
This Query has 1 replies
My lic jeevan dhara (old ) Table 096 deferred plan 20 years pension plan is maturing on july 2021 . How much pension can i commute ? What income tax do i have to pay on commuted pension ?. I am in highest income tax bracket . what is notional cash value ? Is notional cash value taxfree ?
This Query has 5 replies
Dear Sir,
One of my client has a salary income and loss on sale of shares in Futures and options. Is there any tax audit applicability for a person who does trading in Future and options or Derivatives and has incurred losses.
Please help me in this matter.
Regards,
Divyesh Jain
This Query has 4 replies
I am filing ITR3 for professional income. Under Schedule Part A - OI, Method of valuation of closing stock employed in the previous year is optional in case of professionals but it is still asking me to enter values for Raw Material and Finished goods. If I leave them blank it gives me validation error. How should I fix it?
This Query has 1 replies
Sir,
It business person
Crop loan from bank rs:3 lacs
Gold loan from bank rs:4 lacs received crop loan amount used for agriculture purpose and gold loan used for business purposes.
Question:
Assessess interest pay amount on gold loan and crop loans business expenses claim allowed in it act.
This Query has 3 replies
My husband had one tailor shop , he is a tailor , for loan bank manager ask him to fill it returns so what my question was under which itr should he need to fill and tailor is an business or profession ? What are all we need to do for filing itr 4 if in case ...
This Query has 3 replies
Dear All
My client has got the demand notice under Section 221 (1) for the FY 2006-07-08.
He has recieved these notices earlier in the year 2011 and 2016 as well however, previous auditor submitted the Form 16 both that times and did not care to determine the actual reasons for demand.
Now, when i am trying to download Form 26 As and intimation under section 143(1), i am not able to do so because of updations in income tax site.
Is there any way out from where i can download these to determine the actual reason fo demand.
Thanks in advance
This Query has 2 replies
Is tds applicable on betterment charges ? Is tds applicable u/s which section on supervision charges?
This Query has 2 replies
Dear Sir,
I want to know if someone has made losses in a poker game then can this losses be adjusted against salary or any other income.
Further can this loss be carry forward for future years and get adjusted against profits earned from poker game.
Please help me in this matter.
Regards,
Divyesh Jain
This Query has 1 replies
Suppose Assessee has created a Trust For the benefit of Daughter and The Accumulated Income will be hand over on attaining Majority. What will be taxation in the current Tax Period and In the Future When the Assessee Daughter has attained Majority.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
TDS on salary of Previous Year