Income Tax QnA - Page No 9222

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SUBHRANSU

16 September 2014 at 19:36

Clarifications regarding tax audit acc to section44ab

Hello, I m a practicing Doctor.In previous e.y(13-14) I had income around 320000 for which my employers deducted TDS according to section 194J in form 16A @10%. In e.y 12-13 I had income around 63000,I want to know for efiling am I liable for tax audit according to section 44AB? Kindly advise.

rakshith

16 September 2014 at 19:20

Ifos

Is cash gift of rs.27000 from friend is taxable?

Anonymous

16 September 2014 at 19:08

Deduction of interest expense from other source income

Experts,

Mr. A is paying interest on Bank OD (over draft).

And he has income of interest from a pvt. ltd. co.

Interest he earns from the co. is higher then the interest he pays on OD.

Now my question is, can he claim interest expense on OD from income from other sources (i.e. from interest income)

Thanks

Vivek Sharma

16 September 2014 at 18:59

Notice for non-filing of tds return

I want to know which notice is to be issued for non-filing of TDS returns.

Vivek

Rahul Prasad

16 September 2014 at 18:57

Decrese in turnover

Dear sir,
If I have Cash Credit A/c With bank and if my business turnover decrease in current year it also effect our Gross Profit and Net profit. Will it Effect Our CC by the Banker?

RABI SHANKAR SINGH

16 September 2014 at 18:57

Notice u/s 143(2)

If a notice issue against my e filing (itr 1) u/s 143(2) With in time and i not respond against them than what type of action can be taken by the it department against me?

bishal

16 September 2014 at 18:26

Rural agricultural land

i have business in Durgapur of new spare parts . i have pay tax every year. i wanted to sale a agricutral rural land situtated in bihar. can u plz advice me that income from the sale of this property is taxable in long term capital gain or in total income.

plz advice sir.