vaishnav
05 August 2014 at 16:00

Dought reagrding nbfc loan repayment

a man took a car loan from nbfc and he uses that car for business purpose,he repay the loan without deducting tds.whether he claim that amount or not in tax audit?


UMANG GOSWAMI
05 August 2014 at 15:57

Tax audit

please suggest me that when tax audit is applicable to firm, co. etc.


Siddharth jain

My medical allowance is 26500 but in form 16 medical allowance is not given as exempted allowance of 15000 so can i take medical allowance of rs 15000 as exempted in my income tax return if it is not shown as exempted in form 16.


ravi chandra rachakonda
05 August 2014 at 15:42

Regarding income tax exemption

Dear Sir,

Lets say If I purchase a new house (2nd one) by taking housing loan. Can I get tax benefits under section 80C and 20d ? or are these benefits available for only first time home loan takers for 1st house ?

and also If I purchase 3rd house by take housing loan , Can I get tax benefits under section 80c and 20d ?

Up to how many loans Can an Individual get tax benefits ?


rajashekhar m laxetti
05 August 2014 at 15:41

Tds


Tds for March 2014 Done ( Actually done in April 2014 and May 2014 but shown as liability of March 2014, Book entry ) Now Based on the filing Dept Raised interest for 1.5 % For 3 AND 4 Months respectively. But our view int should be for 1 and 2 months respectivly... Please clarify the same...



Anonymous

Hi


I have filed my return within the stipulated date.

I have earned Rs 49,911 as interest and received Rs 45,598/- as on 26th May,2014 from Fixed Deposits.

This amount is reflected in my Form 26 A S under Section 194 A with transaction date as 30th March,2014 and bank showing its interest liability as Rs 42,544/- in its books.

This particular thing is reflected in my form 26 AS.

Do I need to file a revised return ? ?


Vijay Jain
05 August 2014 at 15:28

Assessment order 143(1) with demand

DEAR EXPERTS,

I HV FILLED A RETURN WITH TAX OF RS 740 ON 31-3-14 FOR A.Y.12-13 AND PAID ON SAME DAY AND TODAY I GOT AN ASS. ORDER UNDER 143(1) WITH DEMAND OF RS.740 BECAUSE AS PER ORDER IT IS SHOWING "UNMATCHED TAX PAYMENT CLAIMS" OF RS.740 WITH THE CHALLAN NO. & BSR CODE WHICH I HAVE PROVIDED IN RETURN

AND EVEN NOW THE PAYMENT FOR SELF ASS.TAX IS SHOWING IN 26AS SO

HOW CAN I CLAIM IT AND RECTIFY THIS DEMAND ??



Anonymous
05 August 2014 at 15:27

Ipcc

CAN A PERSON OF INTERMEDIATE STREAM REGISTERED IN 1995 ATTEND FOR IPCC EXAM.


CA Karnika Pradeep
05 August 2014 at 15:22

Capital gain

As due date of filing of ITR for individuals has passed and amt cannot be invested in CAPITAL GAIN ACCOUNT SCHEME whether one can escape from long term capital gain arising from sale of urban land ??



Anonymous
05 August 2014 at 15:15

Need clarificarion

what is the meaning of gross amount (including service tax & TDS ) paid to M/S X Ltd.

Actually I got a letter from Director General of Central excise Intelligence to provide details of bills raised by M/S X Ltd to us.






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