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.

Dear sir
Kindly help me on this. My client has sold some mutual funds which is long term capital asset. It is not a regular business of him. So will this attracts capital gain tax r it is exempted like long term equity shares ?

My friend filed the ITR-1 electronically
Address is wrong in that.
How can i change my address in that form
Till date i haven't posted the ITR-V form to
Income tax department.

Please help on this .

I am student of CA final residing in bhubaneswar. I am finding a good book for indirect tax. I purchased last week IDT book written by V S Datey which is waste of time and money. Sanjay banger book is better but I do not like question answer format. Kindly suggest me a good author book with its availability for bhubaneswar which contains clear understanding on the subject for CA final syllabus. I have to appear and pass november exam.