I have rented out my flat for annual income more than Rs 180000/00. Tenant being individual is paying me full rent and not Deducting TDS out of rent. I want to pay it , By which form I can pay Tax on rental income. I mean will it be a self assesment tax or how will it come u/s 194l. There is no provision to select a form for Land LordPlease clarify

I was working with one CA firm for 3 months in F.Y. 2014-15. I got payment of Rs. 30,000 for 3 months. but as I was not permanent employee, they have not showed it as 'salary' instead they paid Rs. 30,000 and deducted TDS @ 10% under section 194J (professional services). Now my question is should I file ITR 1/2 and disclose it as salary or I need to file ITR 4 to disclose it as professional income as they have deducted TDS u/s 194J. Other than this, I dont have any income for F.Y.2014-15 so I want to claim this refund.

What are the procedures if father want to give cash gift to a children of say Rs 200000/- Is it taxable ?

I GOT ARREARS OF PENSION DURING FINANCIAL YEAR 2014-15. ARREARS PERTAIN TO LAST FOUR YEARS. UNDER SECTION 89(I)I AM ELIGIBLE FOR RELIEF AMOUNTING TO RS 9800.

I HAVE KEPT READY FORM 10-E WITH FULL DETAILS.

FORMAT OF e-return DOES NOT CONTAIN ANY COLUMN FOR CLAIMING ABOVE RELIEF.

QUERY;
HOW SHOULD I FILE MY e-return CLAIMING THE ABOVE RELIEF PERTAINING TO ARREARS?

sir,

while filing itr 2 i filled a short term capital gain of rupees 21850 (sale of shares). i also depososted rupees 4200 as self assesment tax for 2014-15(fy).but when i uploaded the return whole amount of rupees 4200 is shown as refund. why did the sheet not calculate the tax on STCG (15%). PLEASE ADVISE. HOW CAN I REVISE THE SAID RETURN.

Good day,

I have trading company dealing in Ship spare parts. i have 2 query :-

1) My client is in India(Ship Owners) but their ship is trading in Foreign waters, they gave me order for purchase & supply of engine part from Korea to Singapore, i paid to my supplier through bank in USD & raised invoice to India client in INR, now my bank wants inward also in foreign currency. But India client cannot pay in INR as both are in India

2) to the same client i supplied spares from India to Dubai by proper export channel & have customs copy, where as all are tax exempted against H form, i did the export with my IEC code, Invoiced to client in INR as same mentioned in my customs docs, now again bank is saying for any export from India inward must be in foreign currency & not ready to close the case.

pl. guide with correct procedure

Best regards

Please anyone can guide me that return of AY 2012-13 can be filed online or not, and if yes then what is the procedure ?

During FY 2014-15, Bank has deducted ITDS on interest accrued on fixed deposits, which I did not show in my IT Return, as I did not know about the same. May I claim the refund of ITDS during FY 2015-16 ?

Respected Experts
I am a salaried govt. employee. I have recently received an intimation U/S 143(1) from CPC Bangalore in which the department has demanded tax amount of Rs. 21,708/- for AY 2014-15.
-In this regard the total tax liability as calculated by me and deducted by my employer at source is 17683/- while the department has calculated it as Rs. 18142/- to which I may agree and ready to pay the difference amount of Rs. 737/.
-The problem here is that the tax amount already paid by me is shown as zero in the intimation letter column number 40. While my form 26AS is showing the full amount of Rs. 17683/- the IT departments intimation letter is showing it as unmatched.
-Hence the total amount demanded by IT department is Rs. 21708/- after adding interest on the full amount.
So please help me how should I approach the department to rectify this issue.
Thanks
Jai Rao

During financial year 2012-13, I had purchased a land for Rs. 15.00 lac and during current financial year (2015-16) I have sold the said land for Rs. 35.00. Further, I have agreed to purchase a residential house during current year and have paid 10.00 lac as advance in cash, but the purchase agreement of the said residential house has not been finalised due to some problem. The said final agreement may be delayed by one year. Under the circumstances, may I get the exemption for LTCG tax for 10.00 lac paid as advance ?