sir ,
i hawifeve purchased a flat in joint name with my for 30 lacs to which i have paid 25 lacs and my wife has paid 5 lacs. now we want to give it on rent for rs.9000/- thousand per month.
my question is who can make and sign the agreement.
2. who sould show the income as both of us is income tax payee.
3. can my wife alone sign the agreement and show the amount received in her return. though she has paid only 5 lacs while purchasing the plat
4. or both has to show the amt received in there return of rent.

Hi - I am trying to file ITR for a senior citizen for AY 2013-14 (and also has tax pending) before March 31, 2014.

However I notice that the Excel Utility from the Income tax website for AY 2013-14 does not seem to compute any figure for Sec 234 B and Section 234 C? Is the excel utility faulty?

Rao

Hi - I understand that senior citizens do not have to pay advance tax if they do not have any business income.

Suppose a senior citizen has not filed ITRs for AY 2012-13 and AY 2013-14 and has tax pending, does Section 234B and 234C apply if he wants to file before 31 March 2014? If yes, then Sec 234B and 234 C applies from what date?

A

i am running a pg a unit of bed n breakfast scheme. what i am show in the return rental income. or proper maintain the p&l a/c with all expenses, Pls help me

Dear Sir,

I am a new taxpayer.
From April 2013 to March 2014 my income is about 5.2 lakh INR. I have missed the advance tax payment date i.e 18th march 2014. I have invested 80000.00 INR in Tax saving Scheme. Please guide me what to do now for paying the tax. I am a self employed software developer.

Do i need to audit my income ?
How to pay IT and claim IT return ?

Please let me know asap.
Thanks

What IND-AS are applicable on Companies ???

If employee has taken loan for higher education can we consider interest on that while calculating TDS on salary??

I open my business of powder coating giving powder coating services to different companies in 2013-14 now the billing of my business is exceding 9 lakhs so wat i do ,should i register it in service tax or if register should i pay the tax of 2013-14 or not?

I filed last year return,but I lost the acknowledgement now what to do..?

Sir,

Please let me know if I am earning 110000 from my tution income and 80000/- salary I am getting from school, do I need to maintain book for my tution income

please suggest