Anonymous

I am salaried person and have Transaction in Equities and F&O. I contacted CA and asked them to file ITR 4 for FY 2013-14.

CA filed ITR 4; they mentioned business loss (around 13 Lakhs) in (0204) Trading others along with Form 16 salary details.
They filed by using my login. (It was like self filing). They gave me the Statement sheet and fees receipt.

My question is how Income tax authorities would accept my losses (13 Lakhs). Since they have not mentioned that they have audited my account.

Please clarify me whether Audit of accounts is not required in my case.


soomiaa
22 July 2014 at 22:14

Tds

i have a FDR for a period of 3 years
in financial year 2012-13 bank has deducted TDS on the amount of interest credited to my FDR Account @ 10%
i renewed my FDR in f.y. 2014-15 then i came to know that bank has deducted TDS in 2012-13
and the time for filing income tax return for the f.y. 2012-13 has been lapsed
bank has not delivered the form 16A to me yet
even i have given him the form 15 G
now, please tell me what to do. how can i get back my amount which has been deducted in form of TDS
can i file the income tax return for the financial year 2012-13. my income is below the exemption limit and there is no tax due



Anonymous
22 July 2014 at 22:08

Tds quary

Can anyone tell me in detail about TDS is it direct or indirect exp/income ?


RITIKA
22 July 2014 at 21:46

Return filling

Hello friends, i have a small doubt, i was filling my mom's IT return, and while filling it, i found there is a difference in "amount paid/credited" column in part A of form 16, and "gross salary" in part B, while tax payable and TDS deducted is same,hence nil tax payable, i have found this in many other form 16,am curious to know the reson for such difference.

Read more at: https://www.caclubindia.com/forum/differnce-in-income-in-form-16-part-a-and-b-299260.asp#.U86NEajogjY



Anonymous
22 July 2014 at 21:43

Lifo fifo

WHETHER BOTH LIFO & FIFO ARE ACCEPTED IN INDIA ACCOUNTING SYSTEM ?


Ranadeep Mukherjee
22 July 2014 at 21:01

Advance tax

My total tax liablity for the financial year 2014-2015 is supposed to be less than 10000 (around 4000) after deduction of TDS. But I have deposited advance tax of 1500. Have I done anything wrong? Is that money wasted?

Also if some one finds out his advance tax liablilty is say 10000, can he pay the entire advance tax in the first installment?


preeti
22 July 2014 at 20:56

Transfer of articleship

can icai give permission for transfer 40km ? for the reason transfer of my fathers job?


Pratik Kambli
22 July 2014 at 20:48

Pre construction interest u/s 24(b)

Loan was taken in 2008-09 and constuction was completed in 2012-13 then PCI deduction shall be allowed for 5 years from 2012-13

if house is sold in 2014-15 then what will be the treatment for remaining deduction of PCI??????


Neha

does construction of a floor amount to construction? can v claim deduction of Rs 1,50,000 for such construction? already loan has been taken for construction of ground floor and Rs 1,50,000 is claimed as deduction for the same. new loan is taken for 1st floor construction . for this message is Rs 30,000 or Rs 1,50,000 allowed


Kiran
22 July 2014 at 20:22

Gift/loan from wife's father

Dear Expert,

I have taken some amount(more than Rs 50000/-) from my wife's father (father-in-law) for household use.

Will it be taxable for me?
Where to show this amount in IT return form?
Is it acceptable to prepare a gift/Loan deed on plain paper?

Please do the needful.






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