hello, please help me with the query can employer have right to ceil your basic salary and give raise as other payments for example I have salary rupee 100/- ( basic 40, hra 20, travel etc.) and I got raise of Rs 10 next year does it raise my basic proportionately or not...basically what law says...it should raise proportionately to my basic also or will it only include to others.. thank you Nadeem

Dear seniors, can you please respond on the query regarding I need to know in an organisation does every employee entitle for bonus and incentives or it is management who can only decide that who wil entitle for said bonus and incentives. many thanks to help regards, Nadeem

hi,e

my total salary is 1600000.i have 3 form 16 out of which on 300000, no TDS deducted by employer.

i have already paid 448000 as penalty on early leaving of job.it is shown in full and final settlement but not in form 16.

Tax already deducted on 448000.

please provide suggestion about how can i claim the tax already recovered by company on 448000?

My Client has Fixed Deposit Interest Income of Rs. 46000/- in 2015-16

Short Term Capital Gain from Share Trading in 2015-16 of Rs. 8000/- & Long Term Capital Gain of Rs. 3000/-

What will be the Tax Calcullation for Filing Return.

Which ITR is to be files ITR1 or ITR 2

AMIT

During Financial year ended 31.03.16, I have incurred a loss of about 15.00 lac from share trading and Future/Option.The turnover is around Rs. 85.00 lac. I do not have any other income. May a Carry Forward the said loss to next year ? Whether I will have to get my accounts audited ? Please guide me .

Hi All,

Good evening.

In our Organization pertaining to 'Tds' esp. in Form 16 some of the employees have received 'Balance Tax payable/refund:-' 0.40 ps.; Re. 1; Re. 1.40 ps. which means 'Do they need to pay to I.Tax dept. (or) can they ignore it ?

Kindly let me know, look forward your valuable reply.


Thanks & Regards
Sugadeesh.S

Respected sir Iam a central govt pensioner
During 2014-15Fy Iwas working as partime lecture .My total salary was 7.6 lacs including pension according I filed the return .This finacial year2015-16 Iam having only pension as salary (ie)3.8 lacs Reduction of salary is 50 percent
I want to know will my return be scruitinised
by Income Tax department if so what documents I have to produce

Thaking you sir
narendran

Dear experts my query is should i have diduct the TDS on fabrication work & Engineering Works (Like supply of Cable trays supplier)

and Service tax should be applicable in fabrication work and engineering work

Please clearly clarify my query

Thanks & Regards

One of my client has been demanded to pay local body tax of Rs. 104000 which includes tax , double of penalty and interest also. Now the assessee wants to go for appeal as it is genuine case as the dealer has paid all the taxes on time . the liability arising is due to change in rate of lbt. so my question is whether an appeal can be filed with commissioner WITHOUT PAYMENT OF DEMAND RAISED" by lbt officer.
Please reply fast as the order has been passed by officer and time limit to file the appeal is 15 days only.

which itr filled by only home tuition income because itr 4s presumptive income itr and in which we fill presumptive gross receipts and itr calculate 8% income but home tutor income is only 2 lacs so how to calculate 8% and itr 4s is correct itr for home tutors.