dear experts
i view my tds 26as 2 entry is U (unmatched)
i can claim this amounts ?????

An Agriculture product has been exported to Nepal from India.
Payment received in Indian Rupees
my question is whether this amount will be disallowed under export sale ?
IF then what will be the implication under VAT ? Is there any interest and penalty will charge on this sale amount ?

Respected Sir, an assessee has taken a life cum personal accident insurance with LIC of India, on which the premium on life insurance is Rs.8000/- while on accident insurance is Rs.225/-. Can the assessee claim total premium of Rs.8,225/- u/s-80C? I haven't found anywhere about claiming of accident insurance premium but only mediclaim or life insurance premium (excluding late fees, if any). Please clear my confusion.

Dear All ,

I have one house in Mumbai Which was purchase on march 2012 cost rs. 7850000/-

And keeping cash of Rs. 150000/- every year ending , I am salaried person so i have to file wealth tax return ? or have to pay wealth tax ?

thanx in advance...

I am investing in shares and intraday. I had share holding worth 2.0 lac in last FY (12-13),in 13-14 i sold some and incurred loss of 20K. Also i lose 60K in intraday trading also. I have slary income of 6.0 lacs/annum.

How to prepare balance sheet & P&L?

My sister has income from interest received on lending money to some business houses (propritory business). The income is around 1.0 lakh. Additionally have car lease rent income of around 1.0 lakh.

In ITR-4, what shall be selected as nature of business in above case.

Sir,
I want to know whether ITR 1 Sahaj can be filed if previously ITR IV has been filed ?

Just to clear the matter :-
In AY 2012-13 filed ITR 1 Sahaj
In AY 2013-14 Filed ITR IV
Now the question is if again ITR 1 Sahaj is filed for the AY 2014-15 will that do ? or is there any breach of law ?

Can I file my Return in ITR 1 Sahaj again for the AY 2014-15 ? Or No. ?

Income from pension and interest and consultancy profession.

Regular account books are not required to
maintain.

Is there any harm if ITR 1 Sahaj is filed ?

Looking forward to hear at earliest, thanking you in the meantime
Yours
Subhash Chandra Sharma

Till May, 2014 Mr.A received Rs. 25000 basic pay + Rs. 5000 allowance as total salary of Rs. 30000/-

Now on some certain reason Govt. said Mr. A is not eligible to receive allowance of Rs. 5000/-.

and govt. also recovered that allowance which is already paid to Mr. A from his Salary of Rs. 25000/- from the month of June, 2014.
( allowance recover on the basis of employee's remaining period of service)

My Question : what is procedure in income tax return for A.Y. 2015-16?

and how to calculate salary? plz reply as early as possible...

One of Statutory Auditor of Pvt. Ltd. Company is appointed by the company for this office in the AGM dated 30/09/2013 for the year 2013-14. The auditor may accept them and accordingly file form 23B with the ROC. Much time has been elapsed, thereafter auditor found that the company is in default for compliance TDS provision of I.T Act, 1961. The auditor may be communicate the same to the company, after communication the company does not change his policy. In this situation the auditor want to resign from his position, which is previously accept by him and form 23B is filed with ROC concerned for giving effect to them and accordingly submit his resignation letter to the company. but he wish to know whether their is any obligation on his part is exist for communicating the same to the ROC concerned, as they are previously file form 23B with the ROC concerned. If yes, then what procedure may be follow by him and in which form may be used by him for this purpose. plz. clarify in brief.

Sir / Mam, my father has to file e-return because his total Income exceeds Rs. 500000. So, he registered on IT department website but by default he entered wrong email address. Now link to access account is sent on email address and we are not able to login as well as not able to create new account. One more thing here is that he already filed return offline in June. Now weather it is compulsory to file online.