nand lal
27 July 2013 at 14:32

Itr2 query

My mom has exempt income >5000 due to which she needs to file ITR 2,but she is a non salaried person and have never been in service. ITR2 makes it manadatory to fill the employer details. What is the alternative/correct way?

Also my Dad is a pensioner from State Govt
Should he write the employer details?

Regards
Gagan


Varun Shah
27 July 2013 at 14:31

Capital gain

Dear All,

I have purchased a property for Rs. 2 lacs while its market value or stamp duty value is 12 lacs (u/s 50C). So kindly tell the capital gain liability if we will sell this in future.

Should capital gain thereon would be calculated by taking consideration 2 lacs or 12 lacs?

Thanking you.



Anonymous
27 July 2013 at 14:28

Need help to file itr

Hellow sir my friend is salaried person and his current years salary income is above five lacks. From his salary he has purchased shares and also invested certain amount in mutual fund during last two years but not shown in ITR. During this year he has sold shares and mutual fund he suffered loss in it. Whether loss suffered is necessory to show in ITR? Then which ITR he has to file? Can he file ITR 1 today? Can he revise after due date? and file another ITR? Or Can he file return after due date.....


Ajit Kulkarni
27 July 2013 at 14:26

Need help to file itr

Hellow sir my friend is salaried person and his current years salary income is above five lacks. From his salary he has purchased shares and also invested certain amount in mutual fund during last two years but not shown in ITR. During this year he has sold shares and mutual fund he suffered loss in it. Whether loss suffered is necessory to show in ITR? Then which ITR he has to file? Can he file ITR 1 today? Can he revise after due date? and file another ITR? Or Can he file return after due date.....


Mustafa
27 July 2013 at 14:08

Society

Is society formed under Rajasthan society act is liable for tax audit ?

Its total income is above exemption limit and it is not register under sec 12A/AA and approval is also not obtain under section 35 and 80G ?

Its formed by farmers to get accurate compensation from govt for land acquire by govt. for building dam and also to preserve the forest?

In which ITR it is to be filed ITR 5 or 7 ???



Anonymous
27 July 2013 at 14:02

It returns for nri

A PERSON WAS AN NRI TILL JUNE 2012.
THEREAFTER HE CAME BACK TO INDIA AND HE REPORTS NIL INCOME UPTO MAR2013.
DO HE HAVE TO FILE IT RETURN FOR AY 2013-2014???
BUT HE HAS A HOUSING LOAN AND REPAYS IT FROM THE SAVINGS HE ACCUMULATED FROM FOREIGN INCOME IN THE AFORESAID YEAR......
PLZZ HELP....



Anonymous
27 July 2013 at 13:59

Tds

We are issuing credit note dtd 31/03/2013 on which TDS we have to pay now. We will have to pay interest on late payment of TDS. I want to ask the interest payable will be from which date ?


GIRISH SUDHAKAR PARWATKAR
27 July 2013 at 13:58

Hra

CAN WE CLAIM BOTH HRA AND HOUSING LOAN INTEREST ONE AND THE SAME TIME ?



Anonymous
27 July 2013 at 13:58

Income tax

HULLO,
My friend father has not filled past 3 year return & he has agriculture and property income. he is receiving notice from income tax dept. regarding payment of income ta.

so i want to know that he can upload return of past 3 years and what we can do regarding the notice from it dept.



Anonymous

There is a limited Co. which has taken Advance of Rs.22.09 Crores from its Group co. for sale of shares before 3years. But till now neither shares have been issued nor advance has been refunded. Is there any legal compliance regarding it.





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