I would like to know. 1. Who is liable to pay wealth tax and how much? 2. How do you calculate wealth tax?
If an Individual has two loans against one house property, what will be the treatment of such interest and principal repaid for income tax purposes?
Will deduction of interest and principal repaid be allowed for both the loans?
Please reply.
hello Sirs, I am accountant of privat company. at what rate and saction TDS should be deducted from payment to event manager. Total bill amount is 6 lakhs. Eventmanager has to do decoration as well as dance and other performance at our property. Please advice. Thanks. Bharat
dear sir,
My question is this "Can i submit IT-return by shown 75% payable of total tax liability"?
Dear Sirs,
I have booked an under construction commercial property with assured returns of 12.5 % per annum in 2012-13 FY. How should I treat this assured return(minus TDS) ? Rent from commercial property or Fixed Deposit interest or interest from company deposit or What? PLEASE GUIDE ME.
Thanks in advance
Dear Sir,
I had subscribed to a noted online tax filing portal for filing my belated return for AY 2012-13AY in Sep,2013.I used to fill in the income and capital details slowly every day as I have professional income ,rent and capital gains income(in Fy 2011-12) and I was efiling for the first time.My return preparation was incomplete on 17 sep,2013 when I received an email message from my efiling portal that my returns for AY2012-13 has been filed.I was shocked and immediately sought explanation from the portal as to how without my clicking the efile icon my incomplete returns have been filed ,but I received no reply till date.
MY QUESTION IS
What to do now? Can I REVISE my returns?Should I OR shouldn't I send the signed ITRV to CPC? please GUIDE me as to how I can file a complete and correct return now?
Its URGENT.
THanks in advance
sir,
my friend sumbit itr of 2012-13 online and post ivr without sign and itr defetive and rejected pls note that time of 120 days laps pls guaid what shoud he do revise return then what u/s............. I Post new ivr duily signd along with 2013-14 ivr . 2013-14 ivr received and acpetd but no any reply about 2012-13 where both in one post what sould i do
Anyone can tell me that if expenses incurred by medical representative in pharma company on account of teaveling, outside dearness allowance, internet charges & other expenses which is reimburse by company whether it is part of salary or such exp. Book on respective heads. Thanx
1)CAN FATHERS GIVE ONE TIME GIFT OF RS 300000/ (THREE LAKH ) TO SONS huf?
IF YES THEN WHETHER CLUBBIBG OF INCOME SEC 64(2) IS ENTITLED?
2) CAN huF TAKE LOAN FROM KARTA OR ITS MEMBERS? IF YES? THEN FOR HOW MUCH INT. FREE PERIOD?
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