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Nikhith
18 July 2013 at 17:23

Revised return after order passed

Can i file a revised return after receiving the assessment order ? I want to revise because i have claimed my TDS amount in TCS Column in the IT Return and as such the demand has been generated by the ITO ? What should be done.



Anonymous
18 July 2013 at 13:28

Amendments

sir/madam, we urgently need a list of Amendments in Income Tax Act and Rules right from the Financial year 2011-2012 to present, we could not find it anywhere even in parts, please help us by sharing some source to obtain the information thank you


Monalisa Das
16 July 2013 at 16:29

Tds wrongly deducted

If TDS is wrongly deducted twice for a particular deductee in the same quarter w.r.t. a single payment by the deductor, before filing of TDS return, how can one rectify this mistake for effect in the same quarter? Can it be done under the OLTAS scheme mentioned in the NSDL site? The TDS was paid online.



Anonymous
16 July 2013 at 15:42

Tds on provision of audit fee

MY CLIENTS HAVE DEDUCTED TDS ON AUDIT FEE PROVISION MADE BY THEM. BUT I MAINTAIN MY BOOKS ON CASH BASIS (ALLOWED FOR PROFESSIONALS). CAN I CLAIM TDS IN THE SAME FINANCIAL YEAR OR SHOULD I CLAIM IT IN NEXT FINANCIAL YEAR WHEN AUDIT FEE IS RECD BY ME.



Anonymous
15 July 2013 at 18:40

Nri fd account

I have recently attained NRI status. I have an S/B account and FD account linked to it in India.
Excess TDS is deducted on my resident FD account (as I have no other income in India)
- Can I hold a normal FD account?
- Can I claim refund of the excess TDS deducted?



Anonymous
15 July 2013 at 17:04

Please help!!

I want to start a business entity to register my existing commission based income.

I receive commission for contacting buyer with the seller for commodities like paddy oil etc.and I do not hold any inventory of such goods.

so basically I want to ask if I should start a partnership with a family member as partner or as a sole proprietor. Moreover, if I choose for sole proprietorship, I doubt that the name I want would already be registered it has word "overseas" in its name.

Should I go for sole propeitorship to gain on tax??
Also tell me the procedure for registering sole protprietorship business for such income
Please help me out of this situation



Anonymous
14 July 2013 at 22:46

Itr 1 excel file errors

Dear Sir(s)
I'm using excel-2003
we also use excel-2003 in our office.
we don't find this type of errors.
Kindly help to solve these errors;
Errors list;
1) compiler error in sheet 1
2) compiler error in hidden module 3
NOTE: i've sent changed the excel->options->security->macro securityLOW

pls. do help in these regards

Thanks in advance
mayurdhaj@gamil.com



Anonymous
14 July 2013 at 11:05

Starting new business



dear sir / madam,

i m starting new business ( labour chgs for diamond polishing ) within a month & i m proprietor

expected turnover will be around 50 lacs

kindly advise where i have to register my new business ?

what i have understand that i have to apply for esic & stax is not applicable

kindly guide me



Prabhakar

Consultation fees paid to german consultant who is NRI.
Wether TDS is to be deducted or not ??
If deducted den at what rate it is to be deducted ??

Deductee is a foreigner, he does not have pan nor TAN to file TDS return..


Milind
12 July 2013 at 15:44

Capital gains account (cgas)

Hello,
I am planning to buy a flat utilising the money in my Capital Gains account (opened after the sale of my previous property).
My Query:
Can the stamp duty and registration costs be taken from the Capital gains account ?
Will Bank issue such a draft for stamp duty/registration or are banks allowed to issue drafts only in the builder's name?
Thanks
Milind






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