Income Tax QnA - Page No 13039

All Resolved Open

Anonymous

17 July 2013 at 21:31

Intrest on saving a/c treatment

hi,
i am salaried person n want to file my itr.
i come under 30% tax slab.
I received Rs 8750 as intrest on my saving a/c
So can i get benefit under 80 TTA or should i pay tax on it

Sandeep

17 July 2013 at 21:30

Interpretation of tds 194j

Hi All,
Section 194J says Any Person responsible for paying any amount.......Definition of Person includes foreign company..
My client in India is providing technical services to company incorporated in USA.
MY client is receiving in dollars..

I have doubt in this transaction.
Whether Foreign company is liable to withhold the tax....

I am expecting the answer based on the reading of act..
As Foreign company is included in Person as per income tax.....
Logically we can say he wont come under Indian income tax jurisdiction...
But Reading of definition of person and section 194j is confusing me...

Anonymous

17 July 2013 at 21:14

Ipcc preparation for nov 2013

is scanner enough for cost fm n accounts preparation (ipcc grp 1) ?

Renuka jagdishbhai Rathod

17 July 2013 at 21:07

Interest on fd

Interest received on wife ' s f.d. and also t.d.s. to be cut on interest. And there is no other income of wife so such interest income can be club in husband 's income and claim for t.d.s. refund on husband 's return

Ganesan Chandramouli

17 July 2013 at 20:52

Lta

Block: 2010-2013
FY: 2011-2012
Background: LTA was not included in Fy2011-2012 Tax claculation.

QUERY:
1) Can this LTA be reduced in the Taxable amount in FY2012-2013?
2) In which ITR schedule should this be included?

Anonymous

17 July 2013 at 20:17

Whether it is compulsory.

We are filing IT returns for the last 20 years without fail. Now our auditor says that since there is no tax payment we need not file the returns. Is it correct and is there any risk of scrutiny for non filing? Please clarify.