My client is a state govt. servant has received arrears of salary in Oct, 2013 for 52 months ended in March, 2012 and has submitted 'From 10E' to her employer for claiming relief u/s 89 for not deducting TDS from salary.
Please tell me can she claim the relief before her A.O. or not because she has not applied to her A.O. before submitting Form 10E to her employer and if yes then how?
I am an accountant of a Pvt, Ltd. Co.
Shall I have to consider repayment of principal and interest of home loan by an employee, while calculating TDS on his salary?
fixed assets A/C DR.
TO p& l account
(being fixed assets are revalued at the fair value and amt tr to p & l a/c .
in partner Ship FIRM , IS ABOVE TRANSACTION FALLS UNDER Tax implication ?
pl support with explanation on above query
sir please tell when an assessee is liable to pay advance tax?
sec 208 only makes it obligatory to pay advance tax in every case where the advance tax payable is rs 10000 or more but it doe not tell when advance is payable...
A PERSON HAS PURCHASED PLOT IN 1986 FOR 40000RS
SOLD PLOT ON APRIL 2013 FOR 30 LACS .
IN THIS TRANSACTION CAPITAL GAIN WAS 30 LACS
CONSTRUCTED HOUSE PROPERTY FOR 36 LACS,
CONSTRUCTION STARTS IN JULY 2013 AND COMPLETED IN MARCH 2014
BUT HE HAS NOT DEPOSITED CAPITAL GAIN OF 30 LACS IN CG DEPOSIT SCHEME
IN WHICH YEAR RETURN THIS TRANSACTION IS REQUIRED TO BE SHOWN, IF CONSTRUCTION COMPLETES IN APRIL 2014 THEN?
I had lost 1lac in shares. Can I get any exemption in any section, while filing IT returns??
My Jijaji passed away in Nov-2011 and his last return was filed for FY 2008-09 manually. After that due to serious illness he could not give attention to file his return till his death. He was having rental income and TDS was deducted by rent payer till last. Now can my sister file a return for FY 2009-10 & FY 2010-11 as legal heir of my Jijaji and claim a refund for both these year? Are there any penalty for late filling will be assessed? Pl guide.
My Jijaji passed away in Nov-2011 and he was having a rental income and TDS was deducted by rent payer till Dec-2011. After that rent was paid in the name of my sister and TDS was deducted accordingly. So should my sister file separate return for her as individual and another return as representative / legal heir of my Jijaji? or she can file consolidate return for both in her name as individual? Pl guide.
Dear Professional Colleagues,
I need a format for application to be made to CIT for condonation of delay in filing of Form 10 u/s 11(2). Please do the help if you have the format of the same.
my co. have paid in a account name shade construction for some money above the taxable limit i.e in 194c but i have not receive any contractor bill then what is my liability to deduct tds on that amount?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Relief u/s 89