Farhaad Jiwani
09 August 2014 at 14:27

Revision case

Sir/madam,

Assessee has filed return of AY 12-13 on 31/07/2012 ie. u/s 139(1), mistakenly assessee calculated the tax as per normal resident individual instead of claiming slab benefit of senior citizen, due to which his final refund amount is reduced by Rs. 7,209/-(after advance tax & TDS deducted by employer). Afterwards he found his mistake byhimself & for that he had made application u/s 154 for increased refund instead of filing revised return for the same. Income tax department made a refund considering his return filed on 31/07/2012 u/s 139(1) on 12/02/2013.
my question is what remedy is available to assessee for getting increased refund of Rs. 7,209/-?? as time limit for filing revised return is also not available to assessee at current date.

Regards & Thank you in advance.
FARHAAD JIWANI.



Anonymous
09 August 2014 at 14:24

Under section 80c

Dear Sir,

I am Karta of my HUF. PAN allotted to my HUF. I want to invest in National Savings Certificate to the extent of Rs.40,000/-. If such investment is made can I claim deduction u/s 80C of the Income Tax Act 1961 for the AY 2015-16 (i.e. 31-03-2015) some of friends say HUF cannot invest in NSC IX Issue. Please advise me to compute my income for advance tax for AY 2015-16 for September 2015.

Thanking you,
Yours faithfully,
C. DURAIRAJ


SUMIT SAURABH
09 August 2014 at 14:22

Holding and susidiary

please tell me about holding and subsidiary term and condition and its reporting as per law



Anonymous
09 August 2014 at 14:10

Legal advise

dear sir/madam

in leave & Licence agreement between Party. Lessee was dead in 6 months before , the agreement which was made with them is where valid or may be cancelled for future period/further period please Give me a legal advise thanking you yours truly



Anonymous
09 August 2014 at 14:07

Leave and licence agreement

dear sir/madam



in leave & Licence agreement between Party. Lessee was dead in 6 months before , the agreement which was made with them is where valid or may be cancelled for future period/further period

please Give me a legal advise

thanking you


yours truly


anurag
09 August 2014 at 13:50

Urgent

kya mai 31/7/14 ke baad tds refund karwa sakta hu for a.y 14-15 and how


H P RAJATH PRASAD JAIN
09 August 2014 at 13:46

About interest paid on housing loan

The assessee has sold residential house during the f.y.2013-14 he paid interest on housing loan Rs. 63965 and principal Rs. 700000 which was borrowed for purchase of residential house which was sold in fy 2013-14 whether it is allowed U/s 24 and 80 C
my doubt is if the residential house is sold
int paid and principal amount is eligible for deduction or not pls solve my quiry as early as possible


A
09 August 2014 at 13:46

Please help

Sir law me zyada change hai for nov 14 attempt? it will my 3rd attempt. .I m following munish bhandari. .



Anonymous
09 August 2014 at 13:46

Tds & service tax return filling

Respected Group,

I want to have practical knowledge of filling TDS and Service Tax Return and related presentation wherein I can view whole procedure step wise and try to learn on my own.

Would be very grateful if anyone of you help me in this regard.


Shweta

Case- Mr.A(NRI) has purchased a capital Asset in FY 2004-05 for Rs 3 Lacs. Sold it in FY 2008-09 for Rs 10Lacs. But didnot file the return of income for the capital Gains for that AY till date. Is there any way out that Mr. A can file ROI and disclose this income voluntarily. He is ready to pay the penalties and interest on that Since due date u/s 139(4) also has been expired. How can he do so? He doesnt know if he has recieved ay notice regarding that. he doesnt want that Sec 271CC attracts . Please solve ths query.






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