Dear Friends,
I have received a letter from Income tax office regarding "Non Filing of Income Tax Return".
I'm a salaried employee working in an IT company and also started trading in Year 2007. From 2007 to till date I've incurred losses in excess of Rs. 2 Lacs. 2-3 years back I withdraw some money from my trading account. Those transactions are mentioned in the letter received from Income Tax department.
Please help me, how should I file the Income tax return now. Will it be filed online or offline. Moreover how to show the transactions of trading in ITR.
I really need help and feeling depressed. As I'm a salaried person my tax is deducted at source. Now I dont' even have Form16 of previous years. Please suggest me how to file the return now.
Thanks & Regards
Jags
Dear All,
An individual has taken a PF loan for construction of residential building. i want to know whether interest on PF loan is allowed under sec 24b for that particular house which is self occupied.There is no document with him for the loan applied or a sanction letter. The loan amount is directly credited into the salary account. Pay slip gives the details of interested paid during the year. He has ignored the Principal as the 80C benefit exceeds Rs. 1 lac.
How to restore the data from my pendrive to tally( system). Will you tell me the steps how I can do it. It's urgent
Data folder option where it is available
DEAR CCI MEMBERS,
MY EMPLOYER HAS NOT SHOWED ANY EXEMPTED ALLOWANCE IN FORM16 . KINDLY LET ME KNOW IF STILL I CAN CLAIM FOR EXEMPTED ALLOWANCE . THEY HAVE JUST MENTIONED AS PERS PAY ALLOWANCES UNDER THE TAXABLE SALARY HEAD.
Hello ,
My mother has one Short term deposit in her name in which I am nominee, she passed away in month of february 2013 ,
now I have recd the amount of pre matured STD along with interest.
Whether this interest is taxable in my hand and under which head ?
Other wise I fall in 30% bracket..
Pls reply as today is last day of filing return under 139(1)
whether a holding( private co.) co. of a public limited co consider as a public limited co?
we have exchange revaluation loss foreign currency , due to forward contract Rs. 20 Lacs , Pls let me know where it will show in BS ( other operational income or exceptional Loss/Gain )
IN RETURN , ALL FIGURES CORRECTLY FILED AND AT THE TIME OF COPYING THE RECEIPT, WE FOUND THAT THE RETURN WAS BELOW TAXABLE AND THE ACKNOWLEDGEMENT SHOWS SOME TAX IN TAX DUE COLUMN WHICH IS WRONG . I SUBMITTED THE HARD COPY ALONG WITH COMPUTATION OF INCOME WITH CLARIFICATION .IS THIS TYPE OF SYSTEM MISTAKE BE WAIVED OFF OR TAX GENERATED TO BE PAID OR GO FOR APPEAL / RECTIFICATION U/S 154 CAN BE RESOLVED. IS THIS RIGHT OR WRONG WHAT TO DO .WAITING FOR YOUR REPLY.
Non filing of itr