hi,

I am a salaried employee & had been getting my TDS deducted at lower amount than the required amount as per my taxable projections.

Anticipating the shortfall in TDS deducted I wrongly paid advance tax in hurry, whereas my employer also deducted TDS of equal value.

Now, I want my employer to reverse deducted before he deposits the same with Tax authorities, on the basis of showing him the advance tax payment challan.

But my employer's accounts department is not agreeing, though rightly, & wanting me to show some basis to adjust the said advance tax & waive off the balance TDS deduction..

Pls advise how can I save myself from additional TDS & from claiming refund later on due to double taxation.

Thanks..!

pls tell what is the tax treatment for cash in lieu of fractional shares issued on the scheme of amalgamation

Hi Experts,
For Financial Year 2012-2013

I received the
Intimation U/S 143(1) for PAN xxxxx with respect to the return of income filed by you for the Assessment Year 2013-14.

NET AMOUNT PAYABLE = 641.

I received the email on 15-Mar-2014.

I am paying this money by 30-july-2014

1. How much I need to pay in total. that is any interest or penalty or any other charges like Edu.Cess on 641, I need to add. If so what is the total amount I need to pay? Please help.

Dear Sir,
I want to know the classification of income earned by CA student from providing coaching to juniors.
Please reply me at the earliest.

Hello,

This year I have salary income, capital gain through shares and property and also have losses in Futures and Options.

So far I have used ITR2, however don't see any way to enter FNO losses. The loss amount is apprx. 30000.

It seems that I need to report that loss as business loss and have to use ITR4 for the same.

It is ok to skip reporting losses ? Or is it mandatory ? I might end up paying a little higher taxes. But that's fine than showing business and using ITR-4.

One of my client is D.O. holder of coal under in Jharkhand State Mineral Development Corporation Ltd., Ranchi. The department has deducted TCS from every bill of coal and as per law My client's liability is deduct TCS from every purchaser of coal and deposit in to bank & submit quarterly TCS return. But most of the purchaser have no PAN card and they have not submitting income tax return. So in this stage what should be do?

My assessee has paid Rs.2,00,000/- to LOK JANSHAKTI PARTY. In such case how much deduction under Chapter VI of Income Tax Act can be claim.

Dear all,

what will be amount of stamp duty that is required in column 5 of INC - 21? whether it will be "Special Adhesive" or "NJSP" & what matter will be printed on that?

IF THE NEW FORM 3CD WILL BE APPLICABLE FROM 25.07.2014 OR 01.08.2014?

Arrear paid in May,14 (Jan,14 - Apr,2014) is not added in May Salary. Should we revise return or this would be added in final calculation at the time of filing Quarter IV tds return in Salary annexure.