Anonymous
22 July 2016 at 17:26

Wrong mention of pan in tds

Wrong PAN mentioned wile filing the TDS return for FY 2015-16, can I revise it now.
Will it effect the refund of the concerned assessee.
Case:
Instead of 'A' person PAN, 'B' person's PAN is given, revising the return is the only remedy ? or any other option....?
If person 'B' has already filed his ITR and claimed the refund, what 'A' can do to claim his refund ?


Sanchitt
21 July 2016 at 14:15

Filing of itr

sir ,
is there any minimum amount required to file ITR means if i have less then 250000 in a year can i file ITR and is it good to file ITR?



Anonymous
15 July 2016 at 23:41

Presumptive tax

Hi..1) it necssary to maintain record of accounting under presumptive tax?
2)can we get benefit of basic exemption on it? Is it exemption on declared turnover or on 8% of turnover?
3) can legal authority like court or tax department can demand me for account record if I paid presumptive tax?


Guest
15 July 2016 at 10:27

Communications from income tax dept.

Dear Sir, I have registered my PAN in http://incometaxindiaefiling.gov.in/. My question is

1. Paper communications(like notices which are sent to tax payer) from ITD, are whose also sent in registered email or available in above site?

2. Are such communication sent to PAN address or current address (as updated in above website).


benazir
13 July 2016 at 13:51

Capital gains

While transferring immovable property to major daughter which deed is best either gift deed or settlement deed.What is the stamp duty and income tax for donor and recepient in both cases in tamil nadu


IIT Kanpur
12 July 2016 at 15:16

Itr related

Sir
i am cent govt employee living in our parents house with joint family, i had taken a loan for purchase a land and constructed home on it. the house is vacant as i am living in parent's house', so there is no housing income from it. i am paying Intt Rs 55829 and Principal Rs 107000. i can take claim of principal amount in 80C but where i can get claim of interest on home loan for AY 2016-17. i had taken claim last year in sec 80EE in ITR but now it is removed for AY 2016-17. if i claim it in housing income then income of house will be in minus 55829 and it will reduce our total income. should i claim it in the head of income from house property ?

Anup Kumar
IIT Kanpur
Employee..


Sagar
07 July 2016 at 20:52

Tds applicable to berojgar sanstha

I have doubt on the Berojgar Sanstha.
Some Company are given work to Berojgar Sanstha's Like Mess, Hotel Restoration, Canteen etc.
This Sanstha's are Registered under the District Cooperative Bank. This Sanstha have no PAN no. Then TDS should be deducted or not ?


manali
07 July 2016 at 13:32

How to declare old property.

My Client has sold Property at F.Y 2014-15. Result in a capital gain of rs. 20,00,000/- the original property was purchase 20 year back and was not book in the account. the capital gain was not disclosed in return file on a.y. 2015-16 can i declare this income under the income under the new disclose scheme ( Income Declaration Scheme 2016 ) and can i get benefit of indexing.
kindly advise as soon as possible.


Rajendra Prasad
29 June 2016 at 18:38

Depreciation on let out property

I have building in india taken loan for the same. I have given the building on lease to a company.I do not have any income in india other than rental income. Is depreciation is allowed on this property for Income tax calculation purpose.


manish thakur
29 June 2016 at 10:54

Muncipal corporation tax

what is muncipal corporation tax, and who paid this tax . Owner of property or a person who settled his business ( Rented) on this property.





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