CA Aishwarya Joshi
15 April 2014 at 10:40

Tds

Mr. x is tax deductor & he has received a short deduction certificate to deduct @ 1% u/s 194j instead of 10%, still Mr. X received notice from IT department regarding lower deduction.. What steps should he take to tackle this? should he file revised return & send lower deduction certificate or what???


Pankaj
15 April 2014 at 10:26

It return

How can I file my IT return for AY 2012 - 13. and under which section. till date I have not filled. any solution?


RAVINA VATS
15 April 2014 at 09:59

Direct tax classes

Respected all
i m seeking for ur valuable suggestion
as my attempt for CA Final exams is May 2015
now i m confused whether i should go for Dt classes or wait for next batch


Irfan Khan
15 April 2014 at 09:26

Surcharge

Is surcharge is applicable to all persons as per latest amendment? plz reply


UMA
15 April 2014 at 07:56

Ppf

how to apply for ppf and details ..?can any one answer this plzz


Rakesh
15 April 2014 at 00:58

Input credit setoff - urgent

My client had raised credit bill in the month of November 2013 for the services provided in the FY 2011-12, the service tax rate was 10.36%, now how shall i show while filing ST return as it is 12.36% at present and i don't find coloumn to adjust it.

I tried to take net services provided for the month of November, however tax liability will vary.

Thanks with regards
Rakesh


Zubair Ahmed
14 April 2014 at 23:55

Section 80c deduction on lic premium

I recently purchased two LIC policies. I paid the premium in cash. I want to know can my father claim deduction under section 80C in his income tax return on the premium I paid in cash. My father is a pensioner aged 71 & I am 35.



Anonymous
14 April 2014 at 23:52

Under section 80g

THERE IS A TRUST WHICH PROVIDES THE EDUCATION FACILITIES,THE TRUST HAS ONE LUXURY CAR AND THEY ALSO APPLIED FOR THE 80G.
THE COMMISIONER HAS OBEJECTION IN LUXURY CAR,IS THERE IS ANY PROVISION IN WHICH WRITTEN ABOUT THAT THE TRUST SHOULD NOT HAVE ANY LUXURY CAR..


Zubair Ahmed

Few months back I deposited Rs. 40000/- cash in my fathers savings bank account as a gift. 1) Do I need to sign a gift deed since it is cash deposited by me in my fathers account. 2) Is cash gift from son to father is exempted from income tax for father. 3) If it is exempted and since it is more than Rs. 5000/- do my father need to fill the ITR-2 form to claim the exemption. 4) The amount received as a gift and savings bank account interest, can it be shown under "Income From Other Sources" in ITR form.



Anonymous
14 April 2014 at 23:26

Original proforma invoice

Hi Good Evening,

I would like to know whether Original Proforma Invoice is required to make the payments if yes under which Notification of Income tax, what if the vendor is not ready to provide the original Proforma Invoice for the advance payment, can we go ahead and make the payment on the basis of scanned image.

Thanks
Mannu






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