An assessee has received notice under the above mentioned section. While the assesee has paid an advance tax of Rs 200000, the computation shows it to the tune of Rs 60000 only. Now the balnace will be deposited by 15th March excluding Rs 200000.
Will we have to reply to the Income tax after depositing the tax?
The notice says that the cheque has to made in the favour of Manager, authorised bank. Is the manner of payment under this section diff from the manner of payment under normal circumstances?

what is the limit for deduction u/s 80G and is this deduction seperate from deduction limit of Rs 100000.00 Further does it matter if the taxable income consist of LTCG from sale of a house?

Hi All,
Please help me decide whether on what grounds can I suggest the conversion of pvt company into LLP? since the Income Tax provisions and re-conversion provisions are absent and LLP Act is unclear about it.
Thanks in Advance.
Please help me.

hello everyone,

our company is a pvt. ltd. JV co. and a subsidiary of one foreign co. our BOD comprises 4 directors from foreign co and 3 from Indian co.

our pvt. co. has purchased some machinery in 2004 from this foreign holding co. hence the matter comes under Transfer pricing issue for which co. is liable to file return under Income tax Act but the co. did not file any return hence lots of penalties applicable from 2004 as pvt. co. incorporated in 2004.

now Foreigner Director saying to close this matter by paying all penalties bcoz there is no records of purchased machinerirs exists. so pls provide me a Indemnity Letter to be sent to those Foreign Director for Concluding this matter.

Pls its urgent.

Hi all,
I am pcc student.i am referring law by M.P vijay kumar.Is it good for scoring gud marks?.
I didnt get account by M.P vijay kumar and V.K agarwar's auditing,Ajay jain's income tax.can you pls tell me where it is available in bangalore?i went Swapna book store also but i didnt ...pls kindly reply me

thanks in Adv,
A.Rekha

FBT is Applicable on 80DDB medical treatment bills ?

A person appointed as additional director of a private ltd Co. Whether it is mandatory to appoint him as a director in next annual general meeting

i want to ask that no any type of update is coming on my cell phone after subscribing my cell phone on this site. please tell me wht would be the reason. i also want to get the updates on my mobile

Hi

My company has deducted excess TDS from me and even if they don't cut any income tax from me now there is still excess tax which has been deducted. Is there a way this can be refunded back by the company to me?

Vivek

An employee has to return the sign on bonus which was given to him in february(returned in april).

Tax has been deducted on the bonus when it was given to the employee.

How to claim the tax deducted as the bonus is no longer income of the employee?

In which year should the tax be claimed as ther is change of financial year?

What would be the treatment if the employer also change?