OUR CLIENT IS RENDERING MAINTENANCE WORK FOR A SOFTWARE COMPANY. HE HAS RECEIVED NET PAYMENTS OF MAINTENANCE WORK AFTER DEDUCTION OF TDS. THE COMPANY HAS NOT GIVEN HIM FORM 16A. THE TAX DEDUCTED AT SOURCE ON THE PAYMENTS MADE TOWARDS MAINTENANCE CONTRACT FOR THE FINANCIAL YEARS 2013-14,2014-15 AND 2015-16 HAVE NOT APPEARED IN 26AS. HE COULD NOT FILE THE INCOMETAX RETURN FROM FINANCIAL YEARS 2013-14,2014-15 AND 2015-16 DUE TO NON AVAIALABILTY OF FORMS 16AS AND DUE TO NON AVAILABILTY OF TDS DEDUCTIONS DETAILS. HE WANTED TO AVAIL LOAN FROM BANK. THE BANKERS ARE ASKING MY CLIENT TO FURNISH THE INCOMETAX RETURNS FOR THE FINANCIAL YEARS 2013-14,2014-15 AND 2015-16. CAN WE FILE INCOMETAX RETURNS FOR THE FINANCIAL YEARS 2013-14 AND 2014-15 NOW? WHAT IS THE PROCEDURE? KINDLY CLARIFY IMMEDIATELY.

IF A PERSON IS MAKING PAYMENT FOR RENT OF A AUDITORIUM OWNED BY MUNICIPAL CORPORATION OF THAT LOCALITY........IS HE SUPPOSED TO DEDUCT TAX?? PLEASE PROVIDE THE RELEVANT SECTION

Sirs --- I am aware that there is no service tax on educational institution and their activities like canteen , buses for students etc. pl let me know what about coaching classes. Pl. let me know educational institutes includes coaching classes as per Law. Thanks

Hi All

When I affix the DSC in the form, i am getting error as "DSC not registered as Professional on MCA portal"
But i have already registered my DSC in the MCA portal. Again i tried to registere, it says DSC already registered.

Could anyone help me out on this issue.

Thank you.

We have just realised that due to some technical error the return for March 2016 filed by us is incorrect. Somehow, it has been filed as a nil return. All service tax dues have been paid in time. Can we file the revised return now? if so, what is the procedure? is there any penalty?

If not, then what is the solution? It is very clear that our intent was there since all taxes were paid, in fact, we have credit balance.

Please help.

if total of payments received in saving ac on different dates of same amt exceeds 10 lakhs, what will be the consequences of it ?

I purchasesd LTG bonds worth Rs.50 lacs in June 2016 against my LTG of Rs.50 lacs to avail tax exemption property A.

However I wish to sell property B in November 2016 and that will give Rs.45 lacs LTG. Since Bonds limit of 50 lacs is exhausted in this finl year, can i purchase bonds in April 2017 for availing exemption of property B sold in November 2016 ie. within six months. Will I get LTG tax exemtion ?

Sandeep Agrawal
9993088860

My client filed return for ay 2015-16. That time in 26AS was showing tds of Rs 500/-. Return was processed and got the refund. But when i am checking the 26 AS now, there is tds of Rs 5000/-. So can i file revise return or any other way to claim refund..?

Dear Experts,

For FY : 2015-16, Income tax refund still not yet received. My all friends are received.

What is the normal procedure for get the refund ?

Pl.clarify

what is the difference between business ethics and an ethical business? please.