I am a managing director in a private ltd company i have a monthly salary of 30000/- tds 10% deducted from this every month. besides this i am a shareholder of the same company and have dividend earned annually and also i have some contracting business in my proprietorship and earn around 5 lakhs annually please specify the method of it filing which form is needed for me in IT filing
Hello,
I have received a notice from the Assessing Officer, but the notice does not quote any section of the Income Tax act.
I have received the notice in August 2014 and it is for FY 2007-08 (AY 2008-09). It just has the subject "Verification of Financial Transaction - request for information - regarding" and it goes on to ask about some mutual fund transaction I made in FY 2007-08.
My questions:
1. What section could this notice be under?
2. Would it not be time-barred?
3. I cannot see my Form 26AS for FY 2007-08 on the income tax website. The latest one I can see is FY 2008-09. How can I obtain a copy of my Form 26AS for FY 2007-08?
4. Is the AO not required to state the section under which notice is being issued?
Thank you again for your time and for your help.
For the financial year 2010-11 & 2011-12 , I wrongly availed interest deduction for house loan being the pre-construction period , where as the house was completed in 2012-13. Income tax return has been submitted and assessment order received. How can i rectify the mistake/return and refund the excess tax rebate. I have also submitted return for FY 2012-13 & 2013-14 where I have correctly claimed deduction for the relevant FY. Now how to rectify the old mistake for 2010-11 & 2011-12.
A person received gifts of Rs.75000 on 10.03.2014 from her father-in-law and received Rs.11000 each from her 10 friends at the time of her marriage on 11.03.2014.
Gifts from friends is not taxable by virtue of clause b of second proviso to Sec.56(2)(vii) . But what about Rs.75,000?
How to get company law new additions applicable for Nov 2014?
HELLO!
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