Kalidass
02 March 2016 at 19:24

Return of income

Mr. x filed his rerun for the financial year 2006-2007. After that he did not file his return of income upto this year. Now he decides to file his above pending returns. cam he file the pending returns? Please note that his last return was by e-filing online

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S P Reddy
02 March 2016 at 11:31

It notice

Dear Sir,

Is it necessary to claim additional depreciation specified in income tax act under section 32(1)(iia) or is it the deprecation mandatory to claim or optional, kindly respond form this query. is there any case law for that please mention that case law.

thanking advance you sir,

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Anonymous

Dear All experts,

Please elaborate the procedure for appointment of MD in Private companies.

Thanks & regards.

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Anonymous

An amount of Rs 670605 is credited and tds amount of Rs 13751 are reflected on form 26AS of one of my client in FY 14-15. My question is Can I show income in ITR is less than the amount which is credited on 26AS? if yes How much amount can be minimized in ITR in comprision of 26AS as I already said that on 26AS there is 670605? If no why?
I am trying to minimize the income in ITR in order to claim refund. but amount Rs 670605 on 26AS has made me confused?

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Srimannarayana
01 March 2016 at 11:45

Service tax on hiring of vehicles

Dear Sir
We have received the Services of Hiring Vehicles from Indian Tourism Department. They charged Service Tax 5.6%(14%*40%) on bill. do we have to pay that 40%of 14% to Service Provider and remaining 60% of 14% has to pay Service Tax Department right?
here service provider and service receiver both are Government Organizations

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v.l.narasimhan

RECENT BUDGET CONTAINS PROVISION FOR TAXATION OF PF ACCUMULATION @60% OF CORPUS BUILT FROM EMPLOYEE'S CONTRIBUTION AFTER 1.04.2016 AT THE TIME OF WITHDRAWAL/RETIREMENT. THIS IS BASED ON EXEMPT EXEMPT TAX (EET)
SUPPOSE IF AN INVESTOR HAS NOT CLAIMED TAX BENEFIT UNDER 80C-BECAUSE HE EXHAUSTED RS 1.5 LAKH TAX EXEMPTION LIMIT THROUGH OTHER INSTRUMENTS LIKE PRINCIPAL OF HOUSING LOAN,INSURANCE POLICIES,TUITION FEES OF CHILDREN-IT WILL AMOUNT TO DOUBLE TAXATION. WHETHER IT IS EXEMPTED UNDER THE ABOVE CIRCUMSTANCES
I REQUEST EXPERTS TO CLARRIFY
V.L.NARASIMHAN BCOM,ACA

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Abhishek Roy Choudhury
29 February 2016 at 19:52

Deduction u/s. 80c

Dear Sir,
An assesse has invested in PPF for Rs. 1.50 Lac and also invested in Sukanya Samriddhi account of Rs. 1.50 Lac for his girl child for the F.Y. 2015-16 relevant to a.Y. 2016-17. My question is whether he will be get deduction u/s. 80C of Rs. 3.00 Lac or Rs. 1.50 Lac.

Thanks,
Abhishek.

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Amol joshi
28 February 2016 at 20:14

Switching btwn itr forms

Hello, If one have filed ITR-4 for AY 2013-14, and ITR-4S for AY 2014-15, now he want to file ITR-4 for AY 2015-16, Can he do so? or is there any problem? pls help

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Anonymous
28 February 2016 at 20:03

Refund

Dear Sir,
In AY 2015-16 my return is under process and from the month of Dec. 2015 to till date, cpc call centre keep telling me to wait till the process gets completed. Now the Feb. 2016 is almost passed. Why are they taking so much time to process the return?

Please advice me.
Thanks.

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naveen
28 February 2016 at 18:56

Dt help

hi I have DT book TN Manoharan which was relevant for Nov 2015 Exam, now got may 16 exam should I buy the new book or amendments notes of icai with Nov 15 book would be sufficient. or should I buy amendment module of vg sir

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