dear expert,

i & my brother has recd below income from partnership firm can u pls advise which income is taxable , under which head it is taxable and which form to fill to file income tax return

profit sharing ratio is 24 %
interest on capital recd INR 26607
Remuneration to partners INR 102986.50
Profit & Loss A/c INR 29911

Partnership firm profit for year INR 124630

thanks in advance

DEAR SIR,
I HAVE TO PURCHASE AN HOSUE PROPERTY WITHOUT AVAILING ANY LOAN FACILITY.THE PROPERTY IS UNDER CONSTRUCTION BY BUILDER.I WILL MAKE AN AGREEMENT FOR PUCRHASE OF FLAT.THE STAMP DUTY AND REGISTRATION CHARGES WILL BE BORNE BY ME OUT OF MY CASH ACCRUALS.
PL. LET ME KNOW WHETHER DEDUCTION OF STAMP DUTY IS AVAILABLE U/S 80 C OR NOT?

THANKS

Sir,am an insurence agent I performed 6 policies in this year. My 3000 amount deducted as tds.I have no income except this one.I am not an assessee under income tax act. So how am I get back that amount plz tell me first to last step.also tell me what is form 16a how am I get where to send what is enclousures . My coligues are also have the same problem.I don't want to go to any tax consultent,charted accountent for this purpose.plz tel me plz plz plz plz

RS. 20000 payment is made in terms of advance which falling under section 40.a.3

Sir,
My younger brother is a SBI employee. He has also Share trading loss in the FY 2011-12 in which year he has earned salary of Rs. 3,45,781/-. Income Tax Authority has issued him a letter to submit Income Tax Return as he has Income / transaction other that Salary. Now the question is :
1. What would be the head of income for the Share Trading Loss.
2. What is the appropriate ITR Form for him.

Plz tell me where would i get all the case laws relating to negative list of services??
i need it very urgently to complete my project..thank u

friends is their any case law or circular which say service tax credit on inward qfter abatement is allowed...... pls give reply..
regards:
CA Sandeep Agrawal

When i filed the return for AY 11-12,
i entered bank account no. as 0
Now unluckily i do not remember my password and registered mail id is not mine. So I'm using enter ackn. no. & bank account no. facility to recover password.
But now that i'm entering bank account no. as 0, it is showing invalid bank account no.

Please help me out friends.

hello frndzz...........,

during F.Y. 2009-10 and 2010-11 my tds has been deducted by banks but till date i have not filled return and my income was always below taxable limits..........

so my question is, can i now file return claiming a refund
and would this attract penalty u/s 271 f of Rs.5000 since it is not mandatory for me to file return..........

my brother is opening a shop in himachal sir my question is that he is starting a rags shop whetherit is compulsury for him to acquire sales tax no. because the business is not a vary large level please suggest me