A person is only having Salary Income & Income from other sources(i.e. Bank Interest). So will it be correct to file his IT Return for AY 2013-14 in ITR-1 SAHAJ Form?

Hi All

Please explain me how to fill ITR 2 returns. I have no idea how to fill in excel. Infact that excel is not allowing to open the macro codings. Should I go to income tax office & file the return? Income less than 5 Lakh.

Please advice.

pls let me inform i have registered for articleship training from 1st aprail 2013 n have taken transfer to new principal on 23rd may 2013 the icai in re registration letter has written that i have taken excess leave of 5 days how is it possible to compute this excess leave as my articleship period will continue under new principal and excess leave according to regulation 59 will calculated when the period of articleship will get over

Is it true that the IT return of CA, Lawyers, Doctors earning their income from business and proffesional practise are required to file their IT return under the assessing officers of Range-37 at Vikas Bhawan though their territorial jurisdictional officer is different?

First let me thank the web site and the experts for answering my queries promptly.

I thank the government for the 6th Pay commission for giving me enough emoluments and retirement benefits due to which I am a tax payer even after retirement.

Thanks are due to the income tax department for introducing, quite simple e-filing of income tax return and I hope the nominal hidden taxation on the TDS amount (about 1 to 3% on the overall income) may also get resolved before the upcoming general election in favor of the tax payers.
For all the past years I was taking the help of someone well versed with accounts to fill my tax return form. This year I filled them myself thanks to e-filing and ended up having lot of queries.

Now I have the following queries.
Even for short term deposits (more than 15 days) nowadays interest are paid. Interest rates have been increased for savings bank accounts. PF one gets interest for mandatory as well voluntary contributions.
IF a government employee takes temporary advance for purchasing some material and does not complete the purchase due to some unavoidable reason he is supposed to return and take fresh advance otherwise he will get a memo for misusing government money and the amount may be deducted from his salary with interest.

Is it justifiable for income tax department to make TDS compulsory, levy hidden tax on TDS amount and denying interest for TDS amount for all employees?

Can a government, public or private servant Opt out of TDS by filling some form and Open an annual Recurring Deposit (Let me say TDS_RD) for say about 10 or 20% of his gross salary which may fetch him some interest as well as enable him to pay his income tax due by the end of the financial year.

Will government allow financial institutions (Nationalised Banks,Cooperative Banks etc.) to open TDS_RD for its employees and close it after paying the tax due by end of the financial year.

It is said that it is responsibility of AO to taxed the individual in same financial year specified under respective sections, then if by mistake AO forget that then whether assessee will be have liability to inform the taxation matter to AO or not??

Hi,

What would be taxability of Gift received by permanent employee on the occasion of marriage from his employer being a Pvt. Ltd. company incorporated in India as below:

a) Gold Coin worth Rs. 2.5 Lac

b) Rs. 50,000/- in Cash

Please suggest with section if any.

Reg,
Vishu

U/s 172 7.5%of amount received is taxable income and charged to NRI at the rate applicable to company, then 7.5% of what amount means which should be included and which should not?? please give some clarification.

I just cleared my IPCC both grps in may'13. Now i want to kn dat what should i do to get started my articleship. And what is the registration procedure I have to get through. Please also suggest me wheather I should i go for Big fours or small firms.

i am submitting form 67 where it appears that there is a limit to file this form or resubmitting the data demanded.
Can any one please tell me that for how many times forms can be resubmitted for the requirements demanded.