Hi there,

I am an office manager of a foreign subsidiary (b2b). I do not have background/understanding in/of accounting and tax. Please help.

My managing director wants to check with some accountants/tax experts in India to understand the following:

1. Legal and Tax efficient way to remit profits made on sales, from India to overseas.
2. Of the following DTAA which would reduce withholding tax? i) France India DTAA ii) Singapore India DTAA iii) Dubai India DTAA and iv) Mauritius India DTAA.

Thank you
VRK

Dear sir
one of my client has deducted TDS on salary with short of deduction, but at march the same has recovered and deducted but the TDS amount is now greater than salary .
What is the way for me to file the same ?

Sir,
I had normally filed my ITR-1 for AY 2017-18 for a tax refund of Rs 170/-. The AO made a mistake and adjusted the tax refund against an old tax demand of Rs 528/- pertaining to AY 2009-10( which was already paid and was already visible in FORM 26AS of AY 2009-10). I immediately filed rectification request with the facts. But when no reply comes even after months, I filed a query for AO. No answer for a month, I files another query to AO for correcting the maistake and paying me the refund after processing the rectification request pending. Then I get a mail message from ITO, Ward 68(2) informing that the tax demand of Rs 528/- has been cancelled, but no refund was send. In fact the demand was made 0, but the adjustment of tax refund against the wrong demand was not corrected. I again send query pointing out the mistake and request for refund. The query was forwarded to CPC, saying that they will give refund. But CPC replies that there is no refund due ( since adjustment was not corrected by AO). I spoke to CPC, and they said refund will be sent by ITO. I again raises a query, and again ITO forwards to CPC, and they again reply that no refund is due.
Sir, please guide me what should I do now. Should I file another rectification or contact whom for refund.
With Regards,
S K KAUSHIK
KAUSHIKSKMK@GMAIL.COM

I had purchased a plot of land during the financial year 2009-2010 and paid full consideration value say Rs.1000/-during the same year. But due to some technical problems, the said land was not transferred in my name. Now during current year, the land is transferred in my name, but the value of land, for stamp duty purpose, has been ascertained at Rs. 1,500/-. Am I liable to pay capital gain tax on Rs. 500/-.

While filing ITR of AY 2018-19, (ITR 4)which business Code should I use for retail trading business of grocery and stationery items ?

I am practising as a homeo Dr and need to file my return for financial year 2017-18. No books of accounts maintained. To avail loan bank informed to show at least 5 lac income for the year. My CA advice to shown 10 lac as total income and use the benefit of section 44ada. Tax comes around 16k. Is it adviceable to proceed with that opinion. ??

Thanks in advance.

The Assessee had a residential ownership flat in Mumbai since past 10 years.
This Flat is sold in the current accounting year. 17-18 .
Long term gain after considering cost inflation index is calculated.
The Assessee has now purchased a new Tenanted place ( Pagdi System)
and has paid the amount out of the Capital Gains by cheque Stamp duty as per Stamp Duty Act is paid
The Document is registered The Agreement with landlord says that this tenanted place is for residential purposes only.
Whether the amount paid for the purchase of the Residential Tenanted Property (Paghdi System) will be eligible for Deduction u/s 54? Your opinion will be highly appreciated.

dear sir, im filed a original return on 1.2.2018 it proceesed on 9.3.2018 with refund received on 10.5.2018 .,

after my income correction revised return filed ()nil.return(here noand additional tax paid in nil return) filed on 13.3.2018 (i e, after processed 9.3.2018),



here on 27.04.2018 ~ the original and revised return shown in my portal as, "no further action required as latest return is taken for processing ", what i have been do the above said query. please elaborate explain to me
is scrutiny to be taken or not.,
if how to avoidsign scrutiny

CAN WE FILE ITR4 ONLINE FOR FY 2016.17 & 2017.18 WITH LATE FEE

my firm buy property in march 29 and deducted tds on them 194IA..

how much interest would be charged and how was due date