I have upload one income return in form no.7.The assessee is recreation club.In the return in PART A general , there is one drop point under the heading RETURN FURNISHED UNDER SECTION and for this there are 4 options namely 1. u/s 1394A 2. 1394B
3.1394C and 4. 1394D.

My query is which option is to be choosen.

Please suggest.

Declare past income and tax details to new employer.

Dear Experts, is there any notification from IT Depart pertaining to declare past income and TDS details for tax liability?

Thanks

Can I allot shares at a Premium to foreign Company. What would be the process

Also, I can receive gift from blood relative from abroad.

Thansk

In case of one of my client, agricultural land is compulsorily by Govt Authorities. They have given compensation of 25 Lacs after deducting tds. How will be tax calculated.

TDS is not reflecting in 26AS. What is remedy?

One of our clients rented out immovable property in Sept, 2012 @ 7.50lacs per month. He got his ST registration in December, 2013.
He intends to pay service tax under VCES from Sept, 2012 to Dec, 2012. My query is as under :
1. As the assessee got registered in Dec, 2013, is he liable to file ST-3 for the earlier periods also.
2. If yes, how he will show the service tax under VCES in his return for half year ending 31st March, 2013.
3. Is he liable to pay interest on such late payment from Jan, 2012 to date.
4. Is he liable to pay penalty for late filing of return.

Hi,

I am working in MNC company and need to pay tds on foreign transaction like management fees and technical fees, can you please help me to know how much the rate of tax to pay. earlier we were deduct and paid 20% and in case of having PAN 10% deducted and paid. It is ok or rate have been revised.

Thanks.
Vishnu Agarwal

Can both husband and wife claim deduction U/s.80DD in respect of their mentally retarded child ?

Dear Sir,

What is profession tax?If the company is situated in punjab and registerd office address of Maharashtra.All the work is done in punjab only. Due to the address of Maharashra will the company be liable to pay profession tax.Can you please guide me.

Is income from House property which is let out on lease is taxable?

We are reseller. We tried to file quarterly excise return online. But not able to do online since we are having 50 to 60 invoices for 3 months. Before completing few invoices we are getting server error. How to file using excel sheet? Please clarify.