Sir,
I my brother went to UK in Nov 14 on employment ( Indian company). and came back in Jan 2016 my question is. 1. How to calculate salary of FY 14-15 for ITR. 2 Also for FY 15-16. As of my knowledge for 2nd question we should not include foreign income in ITR since he is not in India for 182 day in that year. only Indian salary should have to include in ITR. Please tell me in details even for conversion of foreign currency to the Indian income.

Sir/Madam, Can anyone pls tell me what can be done of 1. income tax return not filed of a.y 12-13(TDS u/s 192A deducted) and income tax site is asking to submit compliance form right now & 2. ITR of A.y 13-14 not filed(TDS u/s 192A deducted). Thanks in advance.

I have one car which is used entirely for my personal and family purposes. My income includes only business income and interest income. But the said car is not used at all for business purpose. Whether it is necessary to provide depreciation on the above car ? If yes, how to treat the depreciation amount in the accounts : Whether to debit capital account or other ?

I have a query regarding Capital Gains Tax.
I have sold property in July 2015. Now I want to deposit the Amount in Capital Gains Tax Account Scheme in Nationalized Bank. Because I am looking for a flat for myself (not finalized yet).
I know that In case, if I fails to utilize the deposit amount within 3 years of sale of property, then I have to pay Capital Gain Tax at the time of expiry of said period.
Now my query is that Will there be any penalty/interest imposed on such Tax amount (if I failed to utilize the amount)?

Experts,
My query is that our account has wrongly mentioned the assessment year in the TDS Challan as 2013-14 instead of 2014-15.and the amount also credited.so kindly assist me how to cahnge the assessment year in the TDS Challan.
Thanking You

last 3 years I did not it return if i am not tax compusory tax payers just i retun it for need of some loan taken purpose if i pay some tax and some adjusted by my tds .But until date i i have not taxable income for return so i want to know any penalty will be charges for not return of it retrun.if i am want to return for this year.

What is the profit margin on income from boutique business?

What will be the income of a person when he is tranporting gold ornaments from one place to another. And on that he receives money on the basis of fixed %age of weight of gold ornaments carried by him. What will be the nature of income and how it will be shown in his computation of income?

How to pay TDS. I think we have to 1st calculate & then just pay the amt. & while filing return we have show details etc Is it right? Please let me know. I am doing for the 1st time. Thanks in advance

Dear Experts I have transfer online using SBI to my client a sum of Rs.18090/- a self assessment tax for the Assessment Year 2015-16 on 21/12/2015. Due to some technical error bank could not process the same. I wait for the same till 23/12/2015 and 23/12/2015 I once again process using fresh entry and make payment of Rs.18100/- and file IT Returs. On 24/12/2015 morning I have received message from SBI we have transferred a sum of Rs.18090/- to OLTAS for the same assessment year 2015-16 I have already filed IT returns late. Can I claim refund for the same or what is the procedure to get my amount. Please experts view required and thanks in advance.