a person has two proprietary business than for two business will different form 3cd and 3cb will be prepared or only one..
Please solve the doubt
PURCHASED PROPERTY = RS.5 LAKH 1 JUNE 1990
SOLD PROPERTY = RS.25 LAKH 1 JUNE 2013
PURCHASED PROPERTY = RS.30 LAKH 1 JULY 2013
DO I HAVE TO PAY CAPITAL GAINS TAX. I DO NOT HAVE ANY OTHER PROPERTY IN MY NAME. THIS IS THE ONLY RESIDENTIAL PROPERTY PURCHASED AND SOLD BY ME. WHAT IS THE INDEX VALUE FOR 1990-1991 & FOR 2013-2014. IF THERE IS CAPITAL GAINS TAX TO BE PAID; WHAT WOULD BE THE AMOUNT?
TUSHAR HAD REPLIED THAT I HAD PAY 20% CAPITAL GAINS TAX. COULD YOU PLEASE GIVE ME THE AMOUNT OF CAPITAL GAINS TAX TO BE PAID. ROUGH AMOUNT WOULD. ALSO SEND ME THE INDEX. I'AM BASED IN BANGALORE
we are engaged in providing "consultancy engineering service". one of our clients has recd order in Dubai. So, in turn, we are asked to provide service at Dubai. So, we are physically providing services at Dubai but raising bill on our client at Indian address as he has no business place in Dubai. In this case, do we need to charge any service tax on our client?
X company doesnt file any IT Returns for the last 3 years as it doent have any income. It is incorporated on 12/10/2009. There is no commencement of business still now . The company doesnt file any IT returns still now.The company also got notice on oct 2012 regarding non filing of Income tax Returns.
My Query is there is no possibility for filing IT Return manually except e return but e return may not be possible for last 2 years? i.e AY 2010-11, 2011-12 Tell me the neccesary action to do ?
WHEN I WANT TO LOGIN IN TRACES(AS DEDUCTOR).LOGIN IS FAILED.AND THIS MSG IS GIVEN.
Invalid Details could be because of
i. TAN Not Available in TAN MASTER OR
ii. All the statements filed for Financial Year 2009-10 and onwards are in cancelled state OR
iii. All the statements filed for Financial Year 2009-10 and onwards are NIL Statements (having ALL challans with amount=0)
AND I HAVE DEPOSITED AMOUNT OF TDS IN JULY SO WHAT SHOULD I DO.....
THANKS IN ADVANCE
sir i have recently completed ipcc group1. i am searching for my articleship in chennai. my friends said that there is very less oppertunities for finding a firm for 1stgroup.so plz suggest me any firms in chennai who prefers students like me.
Hello,
If we have Business, CG, Salary and Other Sources income, then while filling ITR4, there is no option to claim for 100% deduction u/s 80GGA for donation paid to HelpAge India. They have given Form No. 58A which says to claim 100% u/s 35AC and 80GGA.
Please suggess how to claim it, when we have Salary + Other Source Income (which is set off against business loss).
Do we need to show this donation as part of expenses in P&L A/c? In such case, don't we get 100% deduction for it from the GTI ?
Please advise at earlist.
Thanks
NC Jain
if i have 2 house property and last year i had paid 3lacs as interest on laon for house property and the same house i had claimed as SOP cuz of this my Deduction on interest is restricted to 150000/-.Now i want to claim DLOP to that house can i proceed for the same.Plz suggest me asap.
As per the recent budget the buyer purchasing the property has to deduct TDS on value of more than Rs 50lacs ,So one of the buyer has deducted TDS and had done the payment also to the department in the different head while doing the payment of TDS he has selected the option others instead of Income tax but the payment has been done.
The 26AS of the seller does not reflect the TDS amount,however its shows the amount credited and date of deposit but the TDS amount is not reflecting,so can the seller claim the credit of TDS ?
If not then what CAN BE DONE TO CLAIM CREDIT ?
PLZZZZZ REPLYYY
please let me know tax liability. plz elaborate the process of tax calculations
details are as follow:
Gross salary=525000
other income= 52500
exempt u/s 10
Non taxable Income=23000/-
HRA rebate=60000/-
deduction VI 80c=74308/-
other DGHS=3900/-
Tds=16200
Frm 3cb and 3cd