Whether penalty levied for late filing of TDS

returns is appealable if yes to whom

My friends's father, a central government employee, took voluntary retirement from his employer(public limited company) in 2004. After many years i.e.in 2012 my friend received a letter from the income tax department demanding arrears under section 220(2) of the Income Tax Act of his father who had left long ago. The following were the arrears:-

2001-02 under section 143(3)-RS.5,420.
2001-02 under section 143(1)-Rs.12,587.

The ex-employee took VRS in 2004 and received the lumpsum amount of 7 lakhs. He had no other income except his salary on the date of his retirement under VRS.And he left his family.

My question is:

1. Are the above arrears deductible from lumpsum payments to the employee under VRS who has no other source of income except salary. If yes, should the employer company not deduct the arrears under 143(1)&(3) on behalf of the government before paying the VRS lumpsum amount to its ex-employee so that the ex-employee can claim exemption u/s 10(10C) from the net receipts under VRS.

2. Can the Revenue department demand the arrears under 143(1)&(3)prior to VRS from such employee after his retirement.

3. Moreover the employee had left his wife and family about 4 years ago and have no contacts from either side.How far is the family responsible for such demand on his arrears on salary who had left them.

Please reply as my friend's family (comprising of his mother,un married sisters) have no other financial support from his father long even before he left the family. They are not the beneficiaries any income of this ex-employee who parted with the family long ago.

I'm working in a 5 Year old partnership firm. for the past years they entered the transactions informally in Excel sheets. Roughly estimated the profit and losses and shared as per the ratio. Last month i have joined as a financial analyst in this company. Really worried about this accounting system. Now i don't know how to continue this system. Please give me an idea ... how can i develop the partnership accounts system?

A contract is for undertaking works of measurement of gauge of machines, WET fluorescent magnetic particle testing (W.F.M.T.) of turbine blades & fasteners of turbine casing, valves etc. The manpower is fully under control of contractor who come with their gadgets, take readings of testing and submit report.Some consumables are used in execution of their work but no property in goods is transferred.
In such case, whether TDS should be deducted u/s 194-C or 194-J.

Please reply soon.

Dear Sir,

A company has not deducted any tax during first two quarters and has not filed TDS return. Actually there are certain payment on which company failed to deduct tax. They have deducted with interest in the 3rd quarter. Will penalty u/s 234E for the first two quarters?

Thanking You.

Hello, 1.)Which chapters in group 2 of Ipcc in accounting affected by or involvement of revised schedule vi.. Please give me list of chapters affected by revised schedule vi ?
2.)In Banking Companies, The Minimum paid up capital and reserves in aggregate should not less than ... how much ?

Dear Experts,

I would like to know about Professional Tax.Could you please advise me about Professional tax with entire details.

Could you please send me the current professional tax slab in Tamilnadu. I really need this for myself. please send it. send it to @ jagadees@outlook.com

I have some confusion on form 3cd, 3ca, 3cb,
Please clear my confusion on the same and their applicability.

shall an individual liable to deduct tds if he not cover under tax audit u/s 44AB.??

I HAVE SOLD FEW OF MY HOUSE HOLD ITEMS JEWELS AND SILVER ITEMS FOR MY NEW BUILDNG EXPENSES USING QUIKR EBAY AND OLX AND SUCESSFULLY I HAVE SOLD AROUND RS 12 LAKHS WORTH BELONGINGS
BUT THE ISSUE IS ALL THE SOLDED MONEY CAME TO ME THROUGH NET TRANSFERS FROM THE CONCERN BUYERS AT REGULAR INTERVAL AT LAST IN THE MOTHS OF MAY JUNE JULY I HAVE MADE RS 12 TRANSACTIONS BUT NOW I M WORRIED ABOUT MY INCOME TAX RETURNS AS AM FEARING THAT IF ALL THE TRANSACTIONS ARE TAXABLE ALSO I DONT HAVE THE BILLS FOR THE ARTICLES I SOLD AND MOST OF EXPENSES I SPEND FOR MY HOME IS WITHOUT PROPER BILLS SO HOW I CAN AVOID FROM TAX FOR ALL THE MONEY ACTUALLY MY INCOME IS 264000 PL GUIDE ME