Dinesh RAthod
04 August 2013 at 22:09
A friend had submitted late filing of returns for AY 2008 and 2009 in Jan this year. Even though the taxes had been submitted by the MNC that he worked for, the filing was done late. When he went to check on the refund status, he was told by the AO that the system is showing a notice under sec 153A and sec 153C which he himself does not know and will check. Can you advise what is this and can he get his refunds even though he has filed the returns late? As per the CA who filed his return, he feels that friend is eligible for refund but no interest on late filing however the AO was of the opinion that this cannot be claimed now. pls advise?
Prem
04 August 2013 at 16:09
Dear Experts,
Under RTI is it possible to get the details about the Income tax filing reports for 1990 - 2013 for Public Trust, which is running a Polytechnic college.
Moreover, we are one of the trustee of the public trust. Since we have disputes among the trustees, I had approached them several times, but still they are not giving the copies.
Please advice.
Thanks a lot
Prem
avneesh
03 August 2013 at 22:38
1. what is body corporate ?
2- L.I.C is body corporate ?
3- Uttar Pradesh Power Corporation is body corporate ?
avneesh
03 August 2013 at 22:32
1. what is body corporate ?
2- L.I.C is body corporate ?
3- Uttar Pradesh Power Corporation is body corporate ?
avneesh
03 August 2013 at 22:30
"uttar pradesh state roadways transport corporation" is receiver of security services from a propritership firm
then reverse charges applicable or not
Satish
03 August 2013 at 00:00
Hi Sir,
My PAN was updated wrongly till June 2012 and TDS deduction was not reflected to my correct PAN number for financial year 2012-2013 because of this i have to pay extra amount now. Company finance team replied that they are not responsible to send the revised form 16 part A. They are not even updating the revised TDS to reflect in 26AS.
Can some one help me in this regard.
For example
In my case total TDS deducted is 19210 but for my correct PAN TDS deducted was showing as 14325 it means 4885 balance amount deducted for other PAN and this wrong PAN is no where exists in the govt body i.e., it belongs to none.
I want the rectification for my issue. Please help me in this regard.
Suyash Kumar
02 August 2013 at 19:49
Dear Sir,
I am a central govt. employee.I had filed income tax in the month of February for the financial year 2012-13 and the amount was deducted from my salary by my employer.But the deduction is not being shown in form 26AS on the website of income tax department.In this regard I wish to know what should I do?? should I file ITR for the financial year 2012-13 and assessment year 2013-14??
kindly guide me...Thanks and regards
Suyash Kumar
02 August 2013 at 19:47
Dear Sir,
I am a central govt. employee.I had filed income tax in the month of February for the financial year 2012-13 and the amount was deducted from my salary by my employer.But the deduction is not being shown in form 26AS on the website of income tax department.In this regard I wish to know what should I do?? should I file ITR for the financial year 2012-13 and assessment year 2013-14??
kindly guide me...Thanks and regards
d. chandra sekhar
02 August 2013 at 09:24
Good Morning,
Please clarify the following issue.
The Department of Central Excise, Customs and Service Tax issued a notice to the local bodies viz., municipal offices for payment of service tax on rents received from shops under Renting of Immoveable Property) as well as advertisement charges collected from hordings.
Please clarify is the Service Tax applicable to local bodies?
please also is there any case laws.
Tds on purchase of software considered royalty
W.E.F. FY 2012-13 onwards, computer software is included in the term Royalty and hence TDS applicable on purchase of even bundled software.
In my opinion, this is not practically feasible as a walk-in customer going to purchase some box-packed ready to use software over the counter for use of his firm, how the seller store-owner allow him to deduct the TDS of seller store-owner company and how shall the seller believe buyer that he will deposit his TDS correctly to the credit of his account.
It could be made applicable only to customised software development contracts where the customer company builds up certain relationship with the developer-service provider company.
Kindly 1. Confirm that actually it has been so made compulsory to deduct TDS of seller company by buying person on purchase of bundled / packaged software;
2. How shall it be practically achieved;
3. Are there any protests / appeals / Stay Order etc against this recent amendment due to its uneasiness and impracticability;
4. Does it legally hold any ground and how to effectively challenge such rubbish enactments.