Anonymous
This Query has 1 replies

This Query has 1 replies

16 November 2016 at 14:44

Income tax refund

Sir ,

Query relating of refund of income tax amount . I filed the return by wrongly entered the account number .Refund status shows refund got settled . I don't that account holder details. can any one help me how to retreive that refund amount



Anonymous
This Query has 5 replies

This Query has 5 replies

16 November 2016 at 14:36

Income tax refund

Sir ,

Query relating of refund of income tax amount . I filed the return by wrongly entered the account number .Refund status shows refund got settled . I don't that account holder details. can any one help me how to retreive that refund amount



Anonymous
This Query has 1 replies

This Query has 1 replies

Any problem if i deposited 500/1000 Rs. Deposit in current account more than 2 time.
because of we have cash in hand 13 Lakh but on 9th nov we deposited 2.5 lakh (500 &1000) only. now we want balance amount deposited in to the account but some experts guide its wrong.
so please guide us we maintained cash basis accounting in our 4 branches


Grace
This Query has 2 replies

This Query has 2 replies

halo,
I have withdrawn the retirement benefits in cash to invest in other, at this current situation i was tumbled what to do?
If I pay it again to my a/c will it attract penalty and other procedures? Any professional pls help me...Thanks in advance...



Anonymous
This Query has 1 replies

This Query has 1 replies

14 November 2016 at 13:53

I have sold my ancestral property

Dear Experts,

I request the experts to suggest me a solution to my situation.

I am a software engineer i earn about 60k per month. My financial condition: I have a home loan of 10 lacks. Credit cart due 1 Lack & personal loan of 3 lacks.

I have received money on selling my inheritance property from my father
My grandfather bought a property in 1955 from 5000
30% of that property(Old house) given to my father through a will.
Same have given to me through gift deed for as per govt rate of 680000 in Nov 2014.
I have sold this property for 2550000 after demolishing the house in September 2016.
One real estate agent mad an agreement with me for 2550000 with a duration of 3 months and given an amount of 10 lacks as an advance and demolished the house in the premises and kept the open land for sale.
After 2 months they got a buyer and asked me to attend me for registration.
The actual buyer showed the value of the land for 580000 and given me a cheque of 6 lacks and rest of the amount in cash.
Now how do I treat this cash lying with me?

What should I do now?

All proof I have about this transaction is that having a photo copy of the agreement I made with the real estate agent for the value of 2550000/-

Please suggest the solution.

I am ready to pay the tax from my side and show this money in my accounts.

Best regards,


Nikhar Parpyani
This Query has 2 replies

This Query has 2 replies

13 November 2016 at 12:56

cash deposit

my mother has Rs.200000 in bank a/c now.Her cash in hand in books is now showing an amt. of Rs.16.5lakh...Can the whole sum be now deposited in bank??


varun
This Query has 1 replies

This Query has 1 replies

10 November 2016 at 20:41

Deposite of money in bank

how much money can i deposite in to a saving bank account after this impact of 500rs and 1000rs. stopped and i have 2000000 in cash then how should i deposite this money in bank so that i should get relief from income tax plzzzz answer this query as soon as possible plzzz its urgent



Anonymous
This Query has 1 replies

This Query has 1 replies

10 November 2016 at 12:50

Cash transaction

Respected Sir, Please provide me your opinions: My Client is running a business of Tax Payment Services and engaged in consultancy business having a valid Trade License, my question is he is maintaining Current Account for transaction and he use to collect cash from different client and he paid the online tax on behalf of his client such as Income Tax, Service Tax & VAT Tax. Secondly accepting of Cash and making of online payment in favor of Direct Taxes and Indirect Taxes againt which he charges Rs. 50/- as tax payment charges for each transaction, is there any wrong in the above business, or is their any violation of provision of Income Tax or any other Law. Please advice me.


Ashish Jain
This Query has 1 replies

This Query has 1 replies

09 November 2016 at 16:55

Ohd status post 08/11/2016

Dear Sir, I am a shopkeeper based in Delhi. I am selling sarees and dress materials. I have a daily estimated sale of about 250000 (Two lakh and fifty thousand only) mostly in cash. Ever since this notification of discontinuation of old 500 and 1000 notes we are experiencing a huge rush at our store. I want to confirm that as per the notification would I be able to deposit the current cash sale proceeds (in form of old notes) in our bank account till 30/12/2016 or not. As per our tax consultants we can deposit OHD notes in our bank account only if we are having cash in hand in our books prior to 08/11/2016; if there is any OHD cash generated post 08/11/2016 it won't be treated as legal tender and henceforth will be rejected from our books of accounts at the time of assessment. Kindly advise against the above query immediately and oblige. With best Regards Ashish Jain

Read more at: https://www.caclubindia.com/experts/ask_query.asp


SAYALI
This Query has 3 replies

This Query has 3 replies

05 November 2016 at 17:15

Payment of service tax

TILL WHAT DATE I CAN PAY SERVICE TAX FOR THE MONTH OF OCT





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