Income form aggriculture

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ashish

ashish (Querist)
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21 July 2016 if Farmar sales aggricalture clya (mitti) so this come is aggriculture or not

Reply urgnet

Neelabh Pareek

Neelabh Pareek (Expert)
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21 July 2016 No it is not income from agricultre

ashish

ashish (Querist)
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21 July 2016 my client business = sales for mitti (clya) he is not farmer so this income i consider as business income and he not maintain any documents regarding this so itr4s file ,

and he sold this mitti to builder and builder deducted tds @ 1% on total amount so give me best reply...what can i do for this ..year approx amount 10 lacs

Neelabh Pareek

Neelabh Pareek (Expert)
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21 July 2016 Please confirm the following points
1. TDS deducted under which section.???????
2. is your client sole owner of business.......
3. Previous year income tax return amount
4. How TDS can be deucted in supply of mitti

ashish

ashish (Querist)
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21 July 2016 1.tds u/ 94 c contract or subcontrac
2.yes
3.not this is first year
4.i think contract base (received is builder)

ashish

ashish (Querist)
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21 July 2016 mr.neelabh give me a reply fast

Neelabh Pareek

Neelabh Pareek (Expert)
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21 July 2016 I suppose your are filling ITR 4 for your client...
Balance sheet of the business is ready for FY2015-16. becoz ITR4 requires in depth details.

ashish

ashish (Querist)
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23 July 2016 Good Morning
Sir, my friend recd one notice from income tax department for non filling itr f.y.2013-14, and his amount shown in 26 as 10 lacs to and tds 10000 , so give me notes ..what can i do for this case..

1 ) because f.y.2013-14 return date closed
and also pending f.y2014-15 and 2015-16 return

2) he doing business so i get benefit 44ad higher profit of 25%

3) in future any assesment notice received agst 2013-14 for 25% profit (he cannot maint. books so how to clarify that expenses.) any case law releted 44 Ad assessment

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