Hello,

This year I have salary income, capital gain through shares and property and also have losses in Futures and Options.

So far I have used ITR2, however don't see any way to enter FNO losses. The loss amount is apprx. 30000.

It seems that I need to report that loss as business loss and have to use ITR4 for the same.

It is ok to skip reporting losses ? Or is it mandatory ? I might end up paying a little higher taxes. But that's fine than showing business and using ITR-4.

One of my client is D.O. holder of coal under in Jharkhand State Mineral Development Corporation Ltd., Ranchi. The department has deducted TCS from every bill of coal and as per law My client's liability is deduct TCS from every purchaser of coal and deposit in to bank & submit quarterly TCS return. But most of the purchaser have no PAN card and they have not submitting income tax return. So in this stage what should be do?

My assessee has paid Rs.2,00,000/- to LOK JANSHAKTI PARTY. In such case how much deduction under Chapter VI of Income Tax Act can be claim.

Dear all,

what will be amount of stamp duty that is required in column 5 of INC - 21? whether it will be "Special Adhesive" or "NJSP" & what matter will be printed on that?

IF THE NEW FORM 3CD WILL BE APPLICABLE FROM 25.07.2014 OR 01.08.2014?

Arrear paid in May,14 (Jan,14 - Apr,2014) is not added in May Salary. Should we revise return or this would be added in final calculation at the time of filing Quarter IV tds return in Salary annexure.

Hello experts

I am a salaried employee. Besides salary, I have dividend income (from mutual funds/shares) of Rs. 8693, interest income from saving bank account of Rs. 8127. I also sold 1790 (bought for Rs. 72000) units of ELSS mutual fund after holding for more than 3 years at Rs. 62694.
My questions are-
1. Which ITR form I need to fill?
2. Since I have sold mutual fund units at loss, will the proceeds from sale be treated as income?

Thanks

I received one month salary in a new company. and for that TDs not deposited by the employer. and for prior 11 months salary in old company which I received had deposited TDs. now my question is do I need to include such one month salary and pay tax. or I can file for next ass. year. ? have to nearly 35000/ . :( help me guys. form 16 was not issued but annexure for such month given. my way is want to leave such amount and want to proceed for next year. soooo

How I creat password folders?

sir/madam I'm 2 I interested in pursuing both b.com and ca simenteounsly can I .....? and I got 65% in 2 am I eligible for doing ca and if I enrol for cpt is I want to join any tutorial or else just reading study material is enough. ...