I have received intimation in April ’13 through income tax dept . under sec 143(1)stating outstanding tax demand of Rs 83870/= date of demand 20/3/2013 .I filed income tax return of the year 2010-2011 manually instead of e- filing .I could not show only bank interest income of F Rs 17340 /= in income tax return form while filing income tax return as per statement of form 26 AS . I am salaried employee and coming under the slab of 33% therefore taxable income of Rs 17340/ tax due will be 17340*0.33 = Rs 5722 /= .Here Our bank have already deducted TDS of Rs 2297/= and deposited to income tax dept during that year as per statement of 26 AS
Sir Here query as follows
1 whether I can get 10000/= bank interest relaxation under section 80 TTA or not during financial year2010-11 .
2 how I can file correction income tax return and how much money I shall pay to income tax dept.
3 to whom I should contact whether directly to income tax dep. Or through accountant or tax lawyer
thanks I shall be grateful to you sir
CAN I GO TO KANDIVALI BRANCH OF ICAI FOR REGISTRATION PURPOSE OF IPCC OF DIRECT ENTRY SCHME REPLY FAST
sir
we are manufacturing company. We are dispatching our FG on BOD( BILL ON DELIVERY)basis through TCI XPS who is registered under Courier service. We are paying service tax 12.36% to TCI XPS. Can we avail cenvat credit on service tax paid on out ward freight?
Thanking you
subrat
Dear Experts,
One of my client wants to open Direct Selling Company or (MLM) Multi Level Marketing Company( Like Oriflame or Amway ).
my question is whether we can use MLM or Direct Selling Co. word in Main Objective of MOA of this Company.
Please Suggest
Thank & Regards
Ankit Sehra
sir my friend registered for ipcc in August 2010 and she attended may 2011 and after that she attended 5 attempts so her registration is valid or not. how many attempt she can write and or any rules are related to this, kindly guide and give a correct information for that.
if my dad paid education fees for IPCC registration, orientation reg, GMCS COURSE, ITT COURSE in the FY-2012-13 .
SO can he claim direct deduction on account of fees paid for the education of dependent children UNDER INCOME TAX ACT.
plz reply
sir,
I have received gross receipts rs450000 from trading of sand as part time work and profit is approx rs65000. i have not maintained books of accounts and also earned a sallary income in year 2012-2013. can i file itr 4.
Dear Sir,
whether gift from wife's mother is taxable or not?
What is the due date of filing of Income Tax Return by a Designated Partner of a LLP? Perhaps, he is not a working partner as said in Section 139 of the Income Tax Act.
I have to know who is liable to deduction on Professional Tax on Salary
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Intimation under sec 143(1) by income tax dept