I'm Indian citizen & have moved to US in Oct 2011. I'm going to be in US till Oct/Nov 2012 (NRI for F.Y. 2012-2013). Can someone provide answers to all of below questions?

1) How will be income from fixed deposit treated if it was taken before moving to US & maturing before 31-March-2012?

2) How will be income from fixed deposit treated if it was taken before moving to US & maturing after 31-March-2012 but before 30-Sept-2012?

3) How will be income from fixed deposit treated if it was taken after moving to US & maturing before 31-March-2012?

4) How will be income from fixed deposit treated if it was taken after moving to US & maturing after 31-March-2012 but before 30-Sept-2012?

5) How will be income from fixed deposit treated if it was taken after moving to US & maturing after I return to India in Oct/Nov 2012?

Hello Experts,

I had a income tax file opened at my home place (Patna). then i came Delhi for job, there i opened a new file,Coz i have some complicated problems in my old file, so instead to solve problem,i opened new one.

now after Delhi, i am working at Doha (Gulf). Here all Incomes are tax free and i am sending my savings to India in fix deposit at my home town (Patna).

As i didn't know what should i do, so i didn't fill the return since 5 years. every month my FD's interest had been deducted becoz of unfilled Income tax return.

now after changes in NRE interest rules, i am planning to convert my account into NRE.

but for re-earned my debited interest, i have to fill my income tax return file.

so please suggest me what should i do to fill-up my tax (online/normal) without facing any problem???

Should i fill up by my new file (which had been opened in New Delhi)??

Thanks in Advance.

We are manufacturers and exporter. we got an order from Turkey through our foreign agent located in UAE. So my agent of UAE is demanding 5% commission against our export to Turkey..... So TDS is applicable or not on Agent ? And if Yes- What is the rate to be deducted? And if No- Reasons...?

what is Spectrum Fixed Deposit scheme?? Can i claim deduction under 80c for such deposit??

I computed my profit and loss account, balance sheet .
I am vegetable saller. My turnover is Rs.15 Lakhs. Net Income is Rs. 1,65,000/- . 80C is Rs. 7,000/-. so my income is1,65,000 - 7,000 = 1,58,000/- ( Below Rs.1,60,000/-)
My Question is in itr-4s (sugam) i write the valeu Rs. 1,58,000/- or 8% of Rs.15 lakhs.
and said me why take this amount from above two?

(Application For Pan Card)
Please tell me whither can I give copy of bank pass book as a proof of identity and address for both purpose.

Copy of bank pass book.
Bank- state bank of Patiala
Rewari branch

In pass book these information are mentioned (name, address and
account number of applicant)
The photo of applicant not attached in bank pass book.

Please inform me; whither this document (copy of bank pass book) is
relevant for proof of identity and address for application of PAN
card.

Dear Sirs,

One of the my friend he is working in private concern. He is received HRA 15000/- per month. He is working area is covered metro area. He is paying rent Rs.14000/- per month. But is having own house in other state and he is repaying housing loan with interest. He is claiming housing loan interest at the time of computation of income. Please advise he is eligible for HRA Exempted? .

T.S.PARTHASARATHY.

Dear Sir,
Please tell me the process to calculate the TDS in salary.

Thanks

Ashu

Plz help as the TDS amounting to Rs. 13000 has ben deducted and submitted to Central Govt Account but the same has been done against Name as the PAN no was missing as that time.
Now as the credit of TDS is not appearing in Form 26AS i am facing difficulty in filling my income tax return for refund ,as the same has not been deposited against my PAN no

So klz help me out how to approach Deductor for updating the PAN in his TDS record so that the same is visible in Form 26AS

Female Assessee

Basic- Rs. 8167/-
HRA- Rs. 4083/-
India Allowance - Rs. 8223/-
Conveyance Allowance- Rs. 800/-
Special Allowance- Rs. 687-

Gross Salary per month Rs. 21960/-
Deductions:
PF 12% Rs. 980/-

Net Salary PM Rs. 20980/-

Rent paid in metro city is rs. 3000 per month
what will be the tax liability FOR ASS YEAR 2012-13 if the same salary was given throughout the year.