Is Amount gifted, is Exempted from Individuals Taxable Income?

I HAVE FILED MY IT E RETURN (Tax Audit Case) FOR ASS.YEAR 2009-10,CLAIMING REFUND OF Rs. 35000/-. IN 26 AS ENTRIES FOR TDS ARE TALLIED BUT NO REFUND ISSUED BY THE DEPARTMENT TILL DATE, (I HAVE CHECKED THE STATUS OF REFUND, where no record found ) OR ANY INTIMATION RECD.HOW CAN I GET THE REFUND AND WHAT WILL BE THE PROCEDURE ?

Hi, Could anyone please tell whether Postal Life Insurance is exempted from tax or Not. Thanks

-DEAR EXPERTS,

I HAVE GOT POSSESSION OF FLAT (COST 20 LACS) IN FY 2009-10 WHICH WAS BOOKED IN FY 2006-07 AND PAYMENTS WAS MADE AS PER THE WORK PROGRESS OF THE BUILDING ACCORDING TO AGREEMENT.BANK LOAN IS ALSO AVAILED .

I have sold 12 YRs OLD FLAT(COST 7 LACS) AT ABOUT Rs. 18 LACS in Sep-10.

As per my belief No Capital Tax will be attracted as the date of possession of new flat is within a year from selling of old flat.

Kindly confirm and also quote case laws.

THANKS & REGARDS

AS PER PAN CARD DETAIL I SUBMIT MY IT RETURN BT WHEN I WANT TO PRINT FOR E FILING RETURN ACK , BY GIVING correct PAN WITH DOB BUT A MESSAGE RECD THAT WRONG PASSWORD. HOW CAN I PINT ACK TO SEND AT CVC BANGLORE?

respected sir


at the time of payment of profesiontal tax i put the preriod 01.12.2010 to 31.12.2010 instead of 01.01.2011 to 31.01.2011

so it for the month of jan-11 so what can i do whether i have to pay new challan or what else.

kindly let me know kindly send me massage on id nirmala_bandekar@yahoo.com ( its urgent please guide me )

thanks

best regards,

nirmala

HELLO SIR,
MY P.TAX CERTIFICATE REGISTERED FROM 2006 - 2007.. BUT I WANT TO PAY TAX FROM 2000 -2001 TO ONWARDS FOR THE PURPOSE OF R.T.O (TRANSFER OF VEHICLE) . WHAT IS THE EXACT LEGAL PROCEDURE OF THAT & WHAT ARE THE PENALTY I HAVE TO PAY THERE ON.i have paid taxes from 2006 to 2011 in all years
PLS RESOLVE MY QUERY AS SOON AS POSSIBLE

I have Fiiled My Return for AY 09-10 By E-filling. In which I Have Shown My Business Income99704,Other Income 115582 Deduction(u/s 80C) 70475 Capital Loss (in share) 187954 Agriculture Income 48000 But Instead Of This Amt. Tax deptt Considered Business Income197166 And No declaration Given And Issued Tax Liabilty Of9504 And Intt. Of2632 So That Total TAx Liability Of12136 Have demanded For Deposit. And Passed The Order On 16-07-2010. Suggest What I have To do. from Where I can Find The Increment Of That Income Considered By The Deptt. and how it can be rectify?

Sir

if i used to live in baroda & now work in mumbai.

do i have the option to file my salary return at any place(baroda or mumbai) or i should file in mumbai only.

i hv a proprietory firm (Interior Decorator). i started business in May 2010.
I hv taken contract on lumsum basis i.e.consultancy charges not taken separatly.
My turnover till date is 24 lac. whether i m eligible for Tax audit as TO crosses 10Lac??
For me as a proprietory firm what r the dates for VAT return??
Till the date i hv not yet filed any VAT return. Do i liable for penalty??
I dnt hv any idea about TDS. till the date i hv'nt deducted tax & non of my client deducted it. Plz tell me the details of it.
For service tax registration i hv shown only Interior Decorator as service. is it right??