Anonymous
27 June 2014 at 10:08

Tds

if i paid an Interest on loan to bank per year rs 15000, so i have need to deduct TDS ???


CHIRAG JAIN
24 June 2014 at 15:50

Agriculture

wt is tax free amount under agriculture income


shivani
23 June 2014 at 18:13

Hra & self occupied property

CAN I HAVE 2 SELF OCCUPIED PROPERTIES IN SAME CITY.. I AM LIVING IN A SELF OCCUPIED RENTED PREMISE & CLAIM HRA FOR D SAME.

MOREOVER, I TOOK BENEFIT OF SECOND ONE AS SELF OCCUPIED SELF OWNED .. IS IT POSSIBLE?


Satish Dhodi
23 June 2014 at 15:48

Professional tax

what is the Penalty/damage charges of late payment of professional tax challan?

Pls. suggest the rule.


lalit singh

Hi Expert,

My PF account is active since 1 October 2011,But I left the job in December 2013 for further study ,So my account is in inoperative since then.Below is my pf account summary on June 2014 :

Closing Balance as on : 30/04/2014

Employee Share : 49642

Employer Share : 33018

Pension Fund : 14878




Due to financial need, I want to withdraw that now... how much amount will be deducted as tax? How much amount I'll get?

Please answer ASAP so that I can take my decision accordingly.

Thanks in advance.


Naresh Mohan Gupta
22 June 2014 at 10:13

Self assessment tax on bank interest

For the A.Y 2013-14 I have deposited some self assessment tax (on the accrued bank interest) in SBI on 1.7.2013 and 16.7.2013. The tax had been deposited in Major Head (0024),Minor Head Self Assessment Tax (300). Is it wrong head? What are the correct Major and Minor Heads? What should I do now to rectify this mistake as I have been intimated by IT Deptt. that the tax deposited by me is unmatched Tax and I have to pay that amount again. Regards.



Anonymous
21 June 2014 at 17:58

Stock transfer

We are dealing with gold.HO is in Kerala.We have branches in Tamil Nadu,Maharashtra and Andhra.We are receiving goods from all the branches and vice versa.So kindly let me know about the tax on stock transfer.Say branch wise taxability


Thanks in advance


Soumya Soman

One of our client sold his flat and deducted TDS u/s 194IA from Buyer of Rs.5000, but while making the paying he accidentally paid Rs.5,00,000 through online payment (FORM 26QB). Kindly guide us on how to claim refund of excess TDS paid. He is not a deductor, hence there is no TAN.


bhavesh

My query is Pf withdraw after 5 year & continue the same company. Interest on Pf Withdraw is taxable.Which ITR Use & which column saw interest.


Paras Dhingra
20 June 2014 at 12:57

About sales tax

can you please let me know what are the applicable rates of sevice tax in the state of haryana and how it should be calculated. As i am in a factory, producing hardware tools and machines, etc. how can i determine the actual service tax levied quarterly? its an urgent query, kindly provide a reply at its earliest.






CCI Pro



Answer Query