Hi Experts,

Suppose Mr. ABC is a student,, but he left his studies two years before in 2006, since 2006 he is not doing anything. But in meanwhile in 2009 he got brokerage of Rs.5,00,000/- on sale of land in pune in year 2008.

Prior to this he does not have any taxable income from any source. The other party who paid commission of Rs.5,00,000 deducted TDS @ 10.30 on this commission.

My question is : Is Mr.ABC is required to file ITR for FY 2009-10 ?
2) Under which head he can file the return.
3) As basic exemption limit is Rs.160000 for FY 09-10, can he claim refund of excess TDS deducted

Note : Mr ABC does not have any shop act license or registered business.


THANKS SIR, BUT UNDER WHICH HEAD HE HAS TO FILE HIS RETURN.
Note : Mr ABC does not have any shop act license or registered business

dear sir,
i wanted to know about e filling of income tax return for all categories.
are there free software available on net which can help filling e returns,pls give name of such link so i can downloan.
i have so many employees hows returns for 0809 has to be filled so pls urgently suggest for e filing of there return
thanks in advance
mahendra

According to section 299(3) a notice has to be given by the interested director/s so in the list of relatives... there are 24 kinds of relationship so what would be base i.e. only mention those relative's name who are having any contract with the company or they are shareholder or employee of the company or they are just relative of director??? what's the criteria??

Plz suggest


Regards
Vandana

Sir,

For the month of April'09 the due date of deposit is 5th May'09.

I have deposited the service tax of Rs. 10,000/- on 5th July'09.

Till date I have not deposited interest on service tax.

If I calculate interest upto 5th July'09 and deposit now,would it be in order or how should I calculate and deposit delayed interest.

What is the relevant provisions for this. Kindly help me.

Dear Sir/Madam,
If the manufacturer of the product himself, undertakes to provide training on usage of the product, would such training provided by the manufacturer be taxable as Commercial Training Service.

suggest a good book for cost&fm for pe2 for nov 09pe2 exam.
Is padhuka cost&fm book for pcc good for nov 09pe2 exam?????

"A" maintaining books of a/c u/s 44AA, total sales are Rs. 39 Lakhs and purchases are of Rs. 51 Lakhs. Does he require to get his a/cs audited u/s 44AB. please tell me the legal position with any case law. Can Assessing Officer levy penalty for non audit of a/cs u.s 271B, if the audit the a/cs has not been made.

Dear Sir,
Happy Greetings!

KIndly tell me that is any service tax liability on educational society, university etc.?

In one case a university paid construction amount to contractor approx Rs. 1.00 crore but the service provider is not charge any service tax and university has not paid service tax.

Now department issue a Notice to the university to produce all the information regarding payment made during the period of 2004 to 2009.
what we can do, Pls cleare the matter.

Dear Members & Experts

Has the Finance Bill 2009 been passed by the parliament which was presented in July 2009.

Regards

Amit

we are the manufacturer and what is procedure of removing exciseable goods under CT-1?