I have to file my IT Return in ITR 4S for AY 2013-14 u/s.44AD. My Balance sheet shows a excess cash in hand Rs. 17.00 lac.Of course, there is also unsecured loans payable of Rs.9.00 lac. But in ITR 4S, unsecured loans cannot be shown. Hence, I want to know if there is any problem in showing this excess cash in hand ?
My Balance sheet for the year ended 31.03.2013 shows a cash in hand of Rs. 17.00 lac and unsecured loans payable as Rs.9.00 lac. I have to file my IT Return for AY 2013-14 in ITR 4S, in which only cash in hand is to be shown but unsecured loans cannot be shown. Whether there is any problem in showing cash in hand of Rs. 17.00 lac in ITR 4S.
I have to file the above return us.139 and U/S.44AD
Dear members
A newly formed pvt. ltd. company which exports software. Company isn't started it's business yet.
Kindly suggest me which taxes are required to register for this company.
Service Tax , VAT or any other taxes for export of software.
Can service tax registration is made before commencing business?
If an Indian co. is paying fees for technical services u/s 9(1)vii) to a Non Resident co. in USA, then at what rate should TDS be deducted u/s 195?
Please reply.
itr 1 for salaried individual filed without mentioning gross total income...
original returns filed after due date
so how to file it correctly as it is not accepting original returns again...
how to rectify please
after due date filing done-- original returns
how to rectify???? should i send itr- v receipt and then rectify....
Please clarify;
In the AY 2011-12 I declared Short Term Capital Losses from Equity for an amount of Rs. 1,00,000, but forgot to take its benefit (as carry forward) in AY 2012-13. Now if AY 2013-14 filing is required to be done (though its delay now), can I take the claim of the losses declared in the AY 2011-12 which I forgot to mention in IT returns for the AY 2012-13?
Many thanks in advance.
sale consideration flat sale 45,00,000
less: index cost of acquisiton
300000 * 852/199 12,84,000
less: index cost of improvement
400000*852/426 8,00,000
long term capital gains 24,16,000
so this ltcg is to be invested in new residential flat of cost 24,16,000 to claim sec 54....
now ma question is----- the indexation benefit of nearly 20,00,000 -can it be used to pay housing loan o/s settlement value of
19,00,000.... can it be used ... please tell me
i-t filing for a.yr 10-11 can it be done now.... or it should be done from 11-12???
it is for salaried employee,
having salary of 4 lkhs p.a
lic payments
housing loan repayments der
tuitons fees der
housing loan interest part is max 1,50,000 right and principal is 80 c???
I am a government employee, for the financial year 2009-2010, total tax of Rs. 20000 has been deducted from my salary which is shown in my form No. 16 issued to me by my employer, but tax credit of only Rs. 8000 has been shown in form 26AS, so tax demand of Rs 12000 has been raised by IT department under section 1431a, I drew attention of my employer many times towards this matter, but it is not taken seriously by my employer, while contacting the assessing officer of IT department where I filed my return, he said that we can't withdraw the demand untill full tax credit is reflected in our system, now what is the option for me please give guidance.
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Excess cash in hand in itr 4s