Respected & Dears,
Greetings,
Can We check online, Cenvat Credit available to an Organisation.
Just like TDS deducted by any party can be seen in form 26AS "Statement of Tax CredIT
Thanks & Regards
Dikshant Mishra
Dear Sir,
One of my friend is working with marine services from April to Dec 13 in abroad. but He is working for one indian company. during that period he has earn 17,30,000. Company has deducted TDS Rs. 1,72,970.00 He has paid Home loan principal 50,457 & Interest 1,70,151 where as he has paid 94,041 LIC premium, Please guide how much tax he has to pay and which deduction he can claim.
Hi Sir,
A notice under section 142(1) in connection with the assessment for the A.Y. year 2010-11 served on 12.6.2014.
There is para what does that mean can you please help us to understand what documents i need to carry to income tax office in this regard.
(a) Prepare a true and correct return of your income/the firm's income/family's income /the local authority's income/the company's income/income of the A.O.P/income of the body of individuals/income of the respect of which you are assessable under the income tax act 1961 during the previous tear relevant to the assessment
year mentioned above.
Return was filed previously.
Rgds
Can a Belated return be rectified where there is a mistake apparent from records...i.e a return where the figures of profit & loss account has been entered in the P&L Schedule for assessee who does not maintain books by mistake and also in the details required where the assessee does not maintain books of accounts so this lead to double income under the head Profit & Gains...and also these return was belated so cannot be revised...so is rectification allowed...
Deduction In 80G Want PAN No. of CM RELIEF FUND RAJASTHAN.Please Tell Me PAN NO.
ABC,Pvt Ltd company wants to declare dividend from both current year profits (entire profits subject to 10% transfer to reserves) and from accumulated profits.
Is it possible to declare so?
If yes, please tell how much (10% of Paid up cap + accumulated profits)?
DEAR SIR
WE ARE PVT LTD CO. IS THERE ANY LIMIT FOR GIVING DONATION FOR TAKING EXEMPTION U/S 80G
THANKS & REGARDS
VIPIN KUMAR SHARMA
I Do Not Understand of Interest And Amount of Principal of Housing Loan (80c & Section 24).I Mention Detail of My Income And Deduction For The Financial Year of 2014/15 So Please Calculate of My Income Tax Paid.
Example.: total Income 700000
LIC 120000
PPF 30000
Housing Loan Interest 100000
Housing Loan Principal 100000
#Whether the nexus between capital gain and amount of investment u/s 54 is necessary?
#Whether Residential Property bought out of borrowed fund such as home loan, within stipulated time and get benefit of section 54 and capital gain amount use for others
Availabilty of cenvat credit