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.
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
please tell me about holding and subsidiary term and condition and its reporting as per law
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
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
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
Sir law me zyada change hai for nov 14 attempt? it will my 3rd attempt. .I m following munish bhandari. .
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.
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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