This Query has 2 replies
My client is an individual.
He was not applicable for deducting TDS in the 1st quarter.
But he received an intimation notice for filing the return for the 1st quarter.
I wanted to know if filing a Nil TDS return is Mandatory for individuals.
Please mention relevant section.
This Query has 3 replies
hello everyone!
i changed my job during the previous year, form 16 issued by both the employers. On going through the form 16 I have come to know that tax deducted at source is less than what should have been deducted.As both the employers considered the basic exemption limit ie 180000 for male and 190000 for resident female in one year.So, I know I have to pay balance tax through self assessment u/s 140A, but what I want to know is whether I need to pay interest u/s 234B as the shortfall is more than 10000.Actually, recently I have gone through a case law on the PWC website that salaried employee is liable to tds hence he is not required to pay advance tax and as such he is not liable to interest u/s 234B.
Kindly, clarify on this please as I have to pay tax and file my return.
thank you so much.
This Query has 1 replies
A US citizen who a)has permanent home in USA b) Has vital interests in USA c) stays 185 days in USA and d) has zero India income. Also this person plans to stay 180 days per year in India for many years. At some point he will become a tax resident of India. Can this person continue not file India tax because the provisions of tax treaty entitles him to be non-resident of India.Or, if he is required to file, can he exclude all his global income.
If this issue came up, will IT likely to resolve it quickly or will resolution take years and court case? I know it is a loaded question--but answer whatever you can.Is there a past case on these lines
This Query has 7 replies
Hi,
I have invested in mutual funds.
Units purchased - 123.487
Purchase Rate - 40.49 per unit
Sale Rate - 43.25 per unit
Exit load - 1 percent
Can anyone tell how much money i'll get on redemption.
The mutual fund I invested in is SBI.
Can anyone tell the redemption mode (Cheque or NEFT)
Regards,
Dheeraj.
This Query has 3 replies
Sir
I could not register in the E-filing site as a new user, due to the error that my firstname/surname is not matched with the records with them.
I was submitted the PAN application through a consultant and not sure that in which order he gave my firstname/surnaem.
Request you to advice me how to solve the issue.
This Query has 2 replies
hello everyone,
I have filed revised return as I committed a mistake in original return filed online,my query is which acknowledgement should I send to cpc bangalore?The one which was generated with original return or one with revised return?I have not sent any acknowledgement yet.
Thank you.
This Query has 3 replies
Sir,
Ours is a pvt ltd co. In our company our MD remuneration is Rs.30,000/- pm. From Apr'11 we have not paid him his remuneration and we just booking the expenditure (payable). We have not paid any TDS. Now we want to pay him Apr'11 to till date total remuneration. So how to calculate TDS.
Thanks in Advance
This Query has 2 replies
hello sir/madam,
I could not make any declaration of hra and medical bills at the time I was asked by my company, hence I could not get the exemption u/s 10 and more tax was deducted from salary.Now can I file my return after adjusting the hra and medical bills exemption.And claim refund on the basis of return? I have all the documents with me.
kind regards.
This Query has 2 replies
hello all,
Just filed my return for 2012-13 online according to which refund is due to me, committed a mistake in address.Forgot to write a part of it ie the society name.what can I do now?Can I write it on the acknowledgement or should I write it on a piece of paper and send along with the acknowledgement?
really worried.reply soon
thanks
This Query has 2 replies
PENSION ARREAR OF LAST TWO YEARS RECEIVED IN THIS YEAR, HOW TO CALCULATE THE INCOME FOR IT RETURN. IF I SHOW THE TOTAL AREAR THIS YEAR THEN I COME UNDER TAXABLE INCOME, IF ONLY LAST ONE YEAR ARREAR SHOWN I DONOT COME UNDER TAXABLE INCOME. PLEASE ANYONE CAN SOLVE THE PROBLE OF ARREAR CALCULATION.
All Subjects Combo (Regular Batch) Jan & May 26
Nil tds return filing compulsory for individuals.