If house property is sold within (a)3 years and (b)if sold within 5 years

When deductions claimed under sec 24(b) of interest payment and sec 80C of housing repayment reversed are reversed?

TDS has been deducted of 1 assesse but 26AS is not showing.. Should He file return and claim for the TDS on the basis of salary details..... Form 16 has also not been received from his employer.. Pls Reply me as soon as possible ....
Thanks

can anyone help me how to treat below transactions

We develop tool for a company outside India. The said Tool will be the ownership of the Foreign Company. The said tool is developed by the Third party in India and we will receive payment from Foreign company and accordingly we will pay for the Tools developed by third party.Please let me know how this entry would be passed in my books because I will receiving payment and will pay to third party, there may be some exchange impact

i have a partnership firm with two partners. Now my other partner has moved out. How to take his resignation. Also how to go about the bank a/c which has both as signing authorities.

Also the firm is not registered but has a PAN . So what all legalities to be taken care of.

If TDS is not deductible u/s 192 on director's remuneration because remuneration is less than 200000. then whether liability of TDS arises u/s 194J or not???

Dear all,
i had already applied amendment for registration but not received any query from service tax department.i am not recd amendment yet.
Now What We Do?

Reagrds,
Jigar Gosai

An Assessee is a labour Contaractor in a Company. he was being paid a commission after deducting TDS. He does not reaches to tax limit.
Can he file ITR 4S to claim refund ?

I have to fill ITR-2 as my exempted transport allowance is Rs.9600 which is more than 5000. But when i try to fill online by using 'Prepare and Submit return online'....it shows only 2 forms to be selected ITR-1 or ITR-4s...what to do?

Dear sir/ madam,

Last year because of wrong bank account number i am not able to get the refund.Please tell me the procedure to rectify the mistake and get the refund as early as possible.

Thank you

I have a doubt on the concept of TDS.Suppose Mr.X has ONLY salary income Of Rs.70000 p.m and thus he earns Rs.840000 p.a.After claiming deductions of Rs.100000, his net income is Rs.740000.As per the slab rates Taxes payable with education cess would be Rs.80340.
Therefore Average rate of taxes on salary would be 9.56%. TDS on salary would be deducted @ 9.56%. i.e Rs.6695 would be deducted per month from his salary.
Now my question is since he has only salary income would he be required to pay again any annual tax.Is his Income from salary has to be calculated at the end of financial year in order to pay taxes.
Pls. suggest as am an IPCC student and has not understood this concept ,
Thanks.