i m state govt employee and net total salary amount as per form16 is Rs 389623 and amount shown in 26AS is RS 421211. in 26AS amt credited/paid is RS 421211 and how to check whether is it gross or net and i checked form 16 wherein Rs389623 is net salary income and my 80c deduction is rs1lac and also u/s80U rs50000 is also available to me. and in 26AS Tds amt is Rs4340 and in form16 tax on rs389623 is rs 4081 and a refund of rs 289 comes to me so what should i do? it has becomes a lot of worry to me please reply? so whether i should claim amount in my return Rs 389623 or 421211 and also should i fill return online or manually? please guaide me.what should i do?

Dear Expert,

Please clarify whether stamp duty and other expenses like maintenance, deposits with govt will be added to the sale consideration while computing 1% TDS u/s 194IA?

Thanks in advance.

Dear Experts,

There is a query from my client

"He has already deposited TDS on sale of immovable property. However he is not able to generate TDS certificate.Now how TDS certificate can be generated."

Please advice

Dear Sir

we have made tds e-payment in wrong section code in challan i.e. insteade of writing 94 c entered as 94J (somepart of amt is for 94J in same challan). How to make correction in this situation? can we put in tds return under remark coloum as how much is for 94C & How much is for 94J ? pls suggest

question regarding whether wealth tax applies or not
a lady has a house on her name(duly registered property) in a city and her husband (expired) had another house on his name (through power of attorney).Till date the house on husband's name has not been transferred to her wife or any children. is the wealth tax applicable in this situation?cost of both the houses is above 30 lacs.

1. Abc co. purchased steel material of Rs. 240000 ( Including vat 14.5% )

Then on the time of payment we are paid the actual tax - invoice amount with detucting the Tds rate on the total sum of Tax - invoice to vendor but question is i,e vat & Tds is going in the Government treasury.

My quest. is that when we calculating the tds rate we want to calculate on the actual materil price Or including vat price

if Including vat Or service tax why ?

Please guide me on this case with vat,tds & service tax solutions.

Can income be offered voluntarily by filing return declaring income under section 115bbe by paying 30% tax to avoid penalty?

Please reply.

Dear all,

Yesterday I have filed my ITR, but today i found some mistake in the data, i've not sent the acknowledgement to CPC till now.

My query is, should i send the ITRV and revised the ITR and again send the ITRV

OR

I should ignore that ITRV and file the ITR again as ORIGINAL and send the ITRV to CPC.



please help!!!


thanks...

1)Is there any necessity to give any application to Assessing officer for claiming releif under section 89.

2) Also, if the assessee had not been filing the Income Tax return for the past 5 assessment years .i.e. for the years for which the arrears were received, since the tax liablity was NIL, can there be any deniability of releif under section 89?

Please reply.

I filed return for AY 12-13 in july,2012.

Now I have got a demand notice u/s 143(1).

My TDS was deducted under two different TAN's by the employer.30,000 under tan 1 and 5000 under tan 2.

But by mistake I mentioned the entire amount(of 35,000) under one TAN only(tan 1).

what should i do now.since they have raised the deamnd of Rs 5000 on me.?

pls help