last year Avg EO Amount is taken into consideration for fixing current year AEO

one company "TAXWAY"of Ajmer(Rajasthan) is in the market and giving chance to any body to become assistant income tax eri they are saying that the person who is getting associated with there company will get linces from income tax department of Government of India to work as a tax consultant I just want to know is it true or scam of some or other type

Hi,

I am a software engineer and my salary falls under 30% slab and I am availing tax benefit on Home Loan.

I purchased a house in May 2012 for 38.4 lakhs (through bank loan) and re-innovated the house in May 2015 with extra 65.0 lakhs (24 lakhs - personal loan and 41 lakhs I kept from my pocket which I transferred from Netherlands to India, bank transactions is available for the same).
Now I am planning to sell my house for 120 lakhs in May 2017.
Apart from above, I have spent around 2 lakhs for home loan insurance.

Also I am planning to purchase an another house for 75 lakhs(land with old house) + 4-5 lakhs (for registration charges) + 15-18 lakhs (for construction)
And I want to clear off my Home Loan (25L outstanding amount) + one of the personal loan (5 L).

After all these transactions do I need to pay any tax for selling my house? Please suggest.

Thanks,
Rajendra

Dear sir i have one problem that one of the my relative doing a job and he received salary after deducting TDS but employer give hime Form 16 which prapare by in the office means that he drducted more but deposit less to govt and because of this he confuse that how can he file return ?????? and how can he get refund of the same ?? what can he do because employer did not hear anything what he said and he feel like helpless ???? so please help how can he get refund what he paid. can he inform IT department about the same this default ????

If a person is engaged in running gym then please help me in letting me know whether he would be liable for ST or PGBP?

hello sir, one of the assesse has engaged in readymade business , he filed return for two f.y showing income as retail cloth merchant. as we all well know that there is no tax on cloth items. There is no bill for showing as purchase goods . Now the government has issued sec 269st rules. at this stage what the assessee has do....no trade licensce , no current account the assessee is in doubt that how he will follow sec 269 st rules by paying through bank.... either he has start new business through new trade license..... plz suggest

Dear learned members,

I am in process of Incorporating a private limited company with following facts:-

1.) A (Indian) & B (foreign national) will be the directors of the proposed company.
2.) B (foreign national) and C (foreign national) will be the shareholders of the proposed company.

Now I want to know of whom DSC's will be required for Incorporation in SPICE forms. Mr. A & Mr. B are already having DIN & holding directorship in certain companies & Mr. A is having DSC's too.

Please help. Thanks :)

Hi Sir,
My name is S.S.KUMAR and all my certificates from school and employment and IDs are in that name. However,I come to know that my name has been entered in IT database as SHIVA KUMAR SANTHANAM(i.e expanded initials) even though the name on my PAN card is S.S.KUMAR. The problem I am facing is how to link my PAN and Aadhar ? I cannot change my aadhar card name as SHIVA KUMAR SANTHANAM as I don't have any id proof in that name . I cannot change the name on my PAN card also for the same reason. Is there any way to change the name in the income tax database as S.S.KUMAR ? All my educational,employment and bank records are in that name. I would be put to much hardship otherwise. Please suggest a solution.

One of our client formed a privae limited in 2010, since then he had not done a single business transaction. few days back he receive a notice u/s 248 for struck off of name.

It is asking to send our representation ,otherwise it will struck off name from Roc and directors will be liable.
My question is we want to remove the name of company, should we do it suo motto or let registrar doso in case we dont reply. whats the consequences to director.

Dear Friends,

A company has received notice in STK-1 u/s 248 of the Companies Act, 2013 from Registrar of Companies to strike off the name from ROC register. The company has not any forms since 2013. we have to file our representation within 30 days and directors are liable to appropriate action under Act. The company would like to continue its operations.

What reply we should file to the ROC?

Thanks in advance.

Regards,