This Query has 2 replies
My father is a salaried employee and pay the TDS around Rs.2700 for FY 2011-12. But after paid of TDS he told me that thera a new FD make of Rs.50000 in Bank for 5 years (2011 to 2016). Please tell me how to refund TDS, which type of return have to submit, the procedure to e-filling return in website.
He had not submit IT return yet.
The FD contain three name, 1)My Father self, 2)My mother, 3)Son (my self)
Thanks in advance.
This Query has 5 replies
Sir,
For payment of rent, TDS should be calculated inclusive or exclusive of service tax. Please Kindly Help me to solve this issue.
This Query has 6 replies
Hi,
I am working as an Accounts officer at a sole proprietorship firm providing software development services. Our employee strength is 60 now. I joined the company recently and i want to implement a proper salary structure. Right now only Prof. tax is deducted from salary.
How can i implement Esi, PF, and other allowances in the salary structure please advice. What are the critieria for registering for PF and Esi. And how can i show other allowances like, medical allowances, children education allowance etc from salary.
This Query has 1 replies
Dear Sir,
I am working with a Start up IT company and my salary is about 45 K PM.
Working period - 08-08-2011 to 31-03-2012
my salary structure is following
Total salary - 45,000 per month
My total investment is about 1 lack 68 thousand including 10000(PPF)+3000(Insurance)+6000(child fees)+5100(health Insurance)+House Rent - 12,000 per month
But company get their TAN in December 2011.
My company Deducted an amount of Rs 9000 as tax from my march salary. And they give me Copy of chalan but i didn't see my detail on that chalan and they told that you will get form 16 for this deduction.
My question is how to know that company provided form 16 is valid for my deduction?
Will thay mention my Pan no on form 16 ?
Thanks
Sandeep Yadav
This Query has 2 replies
Hi I am working for CTS.My salary is 1.8 Lakhs per year.TDS Rs.36,000 deducted from my salary because of non updation of Pan.How i need to claim that amount back and how long it will take.Please suggest.
This Query has 1 replies
Dear Experts,
Why only school fees are exempted from tax. Why not exemption allowed on Tution Fees, School Books, School Uniforms, Games Fees, and other expenditures made in respect of children's education.
If all these are allowable, please confirm and if it is not then why should not? It must be because there is very huge expenditures have to bear to an individual.
This Query has 4 replies
i have sole properietor ship firm & if i buy any property or flat then can i show it as my expendidure on business & for that i can releave from profit minus expenditure from purchasing of property.
This Query has 3 replies
Hi,
Can somebody please let me know how to rectify wrong Pan quoted in 280 challan.
My dad received an order from IT department for non payment of tax. How to handle this issue?
This Query has 1 replies
hi, i am an ipcc student. i wanted to ask a personal i-tax query as i still don't have much tax knowledge. my father owns a house in one city from about 30 years. we want to shift to another city by buying a flat and selling the present house. to gain deduction under capital gains , the existing house has to be sold within 1 year of purchase of the flat.. my query is which date is considered as the date of purchase of the flat?? the date on which the down payment is paid and the agreement is signed or the date of registration..?? we want more time to sell the present house.. plz advise the best possible way to save tax...
This Query has 4 replies
i have received a demand notice of arrear of tax under section 143(1) from income tax deparmentfor the year 2004-05.
The tax which they Demand as arrear is Rs 15324/- but i had deposited only Rs 320 in 2004-05 plz guide me what to do...
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Tds refund against 5 year fd in bank