I am a small farmer. recently my land was taken by the Central Government and TDS was charged when payment was made. I don't have taxable income. How can I get back the amount of TDS by filing online? I have created an account in https://incometaxindiaefiling.gov.in. But then I could do nothing.

Can a assessee claim life insurance premium
paid for his grandson u/s 80c in his IT
Return. Thanks . K H Mahajan

Dear sir, my client has filed ITR FOR 12-13 & 13-14 from another person and not knowing password. How to get password again?
because the person filed ITR for preceding yers not picking phone right now. Plz help.
Thanks in Advance

I receive, for twelve months, Rs.60000/= as rent from my let out apartment. I show this amount as house income in my tax returns.This year the apt was vacant for four months. While filing my tax returns for the financial year 2014-2o15 . have I to show rent received for eight or twelve months?. Please clarify/

Hello experts,

We are a charitable trust in the field of treatment of animals and activities relating to enhancement of milk production.

We are operating in Gujarat.

Let us please know whether contribution to Charity Commissioner Office is mandatory under the relevant trust Act.

Thanks in advance!

Hi All,

A client has received an intimation under section 143(1) and in that a demand has been raised by the income tax department. Now the amount for which the demand has been raised is the same amount which was deducted as TDS by her employer and then duly deposited to the govt. this amount is being reflected in her Form 26 AS too.

However, no credit has been taken by the department for this TDS amount and a demand for this amount plus interest has been raised.

My query is that what should be done in this case? Should a rectification be filed straightaway or just a letter should be written to the AO for rectification of this mistake in the department's records.

Thanks in advance!

Hi,
I have recently bought my first house, but I have given it on rent as it is far from where I work.
I live in the same city in a rented accommodation.
Can I claim the deduction of interest (housing loan) paid for this apartment? Is there a limit on the interest that I can deduct while filing ITR?
At most of the places in this forum, there is clear answer for a second house that you have rented. Does the same apply for the first house too?

DEAR ALL

IF IN AN EMPLOYEE PAY SLIP OF SALARY NOT SHOW OR ALLOW CHILD EDUCATION ALLOWANCE, HOSTEL EXPALLOWANCE.,TRANSPORT ALLOWANCE, EXP.
BUT IN REAL HE PAY ABOVE SAID EXP.
CAN HE CLAIM U/S 10 FOR TAX EXEMPT

THANK IN ADVANCE

Dear Sir/madam,

I had sold two residential property ( flat ) as per below details :
Property A :
Purchased in july 2003, cost : 572000/-
Sold( registry done) in Aug 2013 in Rs. 400000/-
Note – sale amount received in Oct 2013
Property B:
Purchased in july 2003, cost : 572000/-
Sold ( registry done) in Feb 2014 in Rs. 250000/-
Note – sale amount received in Apr 2014.
I have contacted many professionals to find out the way to invest amount to prevent impose of tax. But I have not got correct information. Finally I have purchased a land for 4250000/- on 30th July 2014. I have paid 10% of total amount of 5 flats in soft launch. These flats will be completed by Apr 2017. The approximate cost of each flat is Rs. 30lacs.
You are requested to clarify on following points :
1-is there any mistake in above transaction in view of INCOME TAX department.
2-What was the last date of investment of capital gain .Any other suggestion for me.

Dear Sir,

My brother has taken a housing loan from India Bulls Housing Finance. The cost of the property is 25 lacs. Does he need to deduct TDS while making EMI payment to them?
I have referred google and come to know that the Banks have been exempted from TDS deduction by borrower in case of housing loans, but i was not able to find similar guidelines w.r.t to Housing Finance Companies. Pl guide. Thanking you in advance.