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Anonymous
This Query has 2 replies

This Query has 2 replies

24 July 2013 at 11:48

Tds on insurance commission

How much is limit of deducting TDS on insurance commission to agent. Is it aggregate of INR 20,000/- in year or one time payment of INR 20,000/?? Pls clarify



Anonymous
This Query has 1 replies

This Query has 1 replies

21 July 2013 at 22:53

Tds payment

I have wrongly taken tds as 15000 instead of 20000 and interest as 10,0000 instead of 5000 but the total is same 25000/-.
how can i make such changes in amt of TDS as well as interest in case of E-payment of challan.
is there any time limit for making such corrections?


jayesh bhatiya
This Query has 2 replies

This Query has 2 replies

21 July 2013 at 01:13

26as not shown due to wrong pan no

mismatch form 26as and form no.16 A. How credit the in form no 26as



Anonymous
This Query has 3 replies

This Query has 3 replies

Sir,

My old mother 71, is widow. She has two daughters and no son.My father has left one house in urban area. My mother wants to gift this house to her two daughters in two equal portions, in her life time. We both sisters are married and filing our tax returns. What will be the tax liability to us; or will it be tax free in our hands? What we will have to do for this, so that it may become tax free?

Mother has also made a will in name of we two sisters, which will be applicable after her death only.

UDB



Anonymous
This Query has 5 replies

This Query has 5 replies

18 July 2013 at 22:31

Silly mistake in bank a/c no.

Dear Sir,
i have filed the return, now i come to know that i make a mistake in bank a/c no while filing. actually my query is that i do not write the 0 before the a/c no i.e i fill a/c no 54151045365 instead of 054151045365 . i fill the ifsc code correct. should i file revised return or not? i have refund this AY year.



Anonymous
This Query has 2 replies

This Query has 2 replies

18 July 2013 at 17:45

Re: tds

Sir,
For FY 09-10 i had filed my returns and clubbed my wife's FDR interest income with my income and also clubbed her TDS with my tds. She is a housewife and above was done as some FDRs were in her name.the bank had filed TDS in her PAN instead of mine, now i am getting demand notice as the TDS is less on 26AS on my PAN. At that time 26 AS was just started and i was not aware of it.
as she is housewife i was not filing her returns and she did not nor have any income.
Consequently my income had increased with her intrest income and at the same time the TDS had reduced causing me much loss and demand notice .
can you advice.

Many thanks.


Nikhith
This Query has 3 replies

This Query has 3 replies

18 July 2013 at 17:23

Revised return after order passed

Can i file a revised return after receiving the assessment order ? I want to revise because i have claimed my TDS amount in TCS Column in the IT Return and as such the demand has been generated by the ITO ? What should be done.



Anonymous
This Query has 1 replies

This Query has 1 replies

18 July 2013 at 13:28

Amendments

sir/madam, we urgently need a list of Amendments in Income Tax Act and Rules right from the Financial year 2011-2012 to present, we could not find it anywhere even in parts, please help us by sharing some source to obtain the information thank you


Monalisa Das
This Query has 3 replies

This Query has 3 replies

16 July 2013 at 16:29

Tds wrongly deducted

If TDS is wrongly deducted twice for a particular deductee in the same quarter w.r.t. a single payment by the deductor, before filing of TDS return, how can one rectify this mistake for effect in the same quarter? Can it be done under the OLTAS scheme mentioned in the NSDL site? The TDS was paid online.



Anonymous
This Query has 4 replies

This Query has 4 replies

16 July 2013 at 15:42

Tds on provision of audit fee

MY CLIENTS HAVE DEDUCTED TDS ON AUDIT FEE PROVISION MADE BY THEM. BUT I MAINTAIN MY BOOKS ON CASH BASIS (ALLOWED FOR PROFESSIONALS). CAN I CLAIM TDS IN THE SAME FINANCIAL YEAR OR SHOULD I CLAIM IT IN NEXT FINANCIAL YEAR WHEN AUDIT FEE IS RECD BY ME.






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