This Query has 3 replies
Dear Sirs, By mistake our seller was entrusted with filing TDS for a joint purchase which he did in full, but only against the 1st Buyer ! We now realise it could invite IT notice etc. But we hear that a new On-Line correction module has been launched in the last few days.Will it be possible to correct the mistake by adding a new challan for the 2nd Buyer,while halving the amount for the 1st Buyer as a kind of book adjustment ? And if Yes,will it involve Penalty,Late Fee,Interest etc for the 2nd Buyer ? Pardon if I sound absurd !
This Query has 4 replies
we have deposit less tds in salary and by 30 april we can deposit . so can u let me know that it is compulsory to deposit cess also but my ca is saying total amount only .
amount is Rs.383215
This Query has 3 replies
I had taken a HBL during the financial year 2010-11. My house has been completed, but my HBL is still remains to be paid. Whether, I am still entitled to get benefit of interest paid on HBL and U/s. 80C ?
This Query has 1 replies
I have purchased an under construction property(value Rs. 53 lakhs(Excl taxes)) in Jan'16 @Rs 49 lakhs. The property has since been transferred in my name in Feb'16 by the builder. TDS @1% has been made by the seller on payment since Jun 13. I have paid about Rs 5 lakhs thereafter before taking the possession in Mar'16. The property dealer is of the view that I need not pay any TDS, as it is transfer by builder. But I am a bit confused. For my understanding, do I need to pay TDS@1% on the amount paid to the seller?
This Query has 2 replies
Due to some unavoidable circumstances, I could not file my IT Retrun for AY 2014-15, in which there is refund claim of Rs.4,000/-. Is there any way to file it now ?
This Query has 10 replies
i want to know about legal obligations to be fulfilled by modelling and catelogue businessman like service tax or vat or etc.
This Query has 3 replies
Hello,
I am asked to fill form 15G for PF withdrawal by my pevious employer.
My concern is what amount should be filled in 23] 'Estimated total income of the previous year in income mentioned in Col - 22 to be included'
I have a Gross income of Rs.2,16,749 (only salary income for P.Y) before deduction under chapter VI.
Is this the figure to be quoted on the form in 23]
Please advise.
Thanks.
This Query has 3 replies
Can any one provide me ITR 4S of AY 2015-16 in excel so that I can fill it vide keyboard and submit manually ? Due to some issuance of same PAN to one more person, I am unable to submit online.
This Query has 1 replies
I have received a compensation of Rs.3,14,402/- from National Insurance co. against a accident compensation. The said amount includes Rs. 1,59,819/-as interest (on which ITDS of Rs. 15,982/- has been deducted). The above compensation relates to permanent disablement. Whether the above amount is taxable ? And where to show the above in ITR 4 for AY 2015-16 ?
This Query has 2 replies
Mr X maintans books on cash basis. He earns professional income. He wants to make a payment amounting to Rs. 120000 in the year to a single party as professional charges in relation to his own business. Can Mr X get away without deducting TDS just because he is maintaining books on cash basis ? If not, there any other alternative way for him to get this expense allowed without deducting TDS?
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Tds on joint property purchase