One assessee as huf filing return for 4 years and tds deducted in capacity of huf but now he said he covers in the status of proprietor and want to claim tds of earlier 4 years in capacity of proprietor. Is it possible?

My parents have house property as 50% owner each. Their is loan for which interest is being paid . We are claiming the interest equally for both my parents IT return. My mother's income does not cross the limit of Rs.250000. Can we claim maximum interest in my father's IT return. Please advice.

One of my friend sold a site purchased by him 10 years ago.He purchased another site with the sale proceeds. After indexation of cost his ltcg showed negative amount. Both the transactions were below 30 lac.The same was reported in his ITR. but now a demand is raised for ltcg tax of 352000.

Dear Sir, I have completed 1 year and 10 month of Articleship. Due to some personal reasons my family deciding to shifting to another city. Is I take transfer to another city? If yes then Which documents I have to submit to institute?

I have received a Notice from IT Department for non filing of income tax return for the Assessment year 2013-2014 and furnish response to complaiance Moudule on the e filing portal. I have audited My book of accounts for the above said year but not file the return. Can I file the return under section 142(1) of the income tax act.

How to provide depreciation on assets purchased during the year 2014-15 as per Schedule II..?

In schedule II it is mentioned that "dep. on such assets shall be calculated on pro rata basis from the date of such addition."

Does it mean that we need to do days wise calculation for depreciation??

I am going to give IPCC Nov 15 attempt.I am very scared of tax, both DT and IDT.How should I study tax since only 2 months are left now?

Dear expert
the company is paying 50000 pm remuneration to non executive director also company is deducting 10% TDS u/s 194j. plz let me know can company avail 10 lacs exemption limit of ST on director remuneration..


plz clarify my doubt..

I'm running an online business(websites) and I'm getting income from US/UK online marketing companies. I'm getting payments through PayPal as well as direct remittance to my SB account. My income comes under presumptive business(44AD).

Now I have a doubt, whether my income should be considered as foreign income? As per AY2015-16 ITR4S eligibility terms, (Sugam) cannot be filed by individual who has earned any income from source outside India.

This article written by a CA says the income from Google Adsense is not foreign income: http://www.moneycontrol.com/news/tax/understanding-foreign-incomea-resident-tax-payer_2571021.html

So, I got confused. ITR4 or ITR4s?

hello experts I want to know if the e- verification facility is only for those asessees who have gross total income below 5 lacs & no refund means if the person is having refund he need to send ITR- V by post only pls clarify