bhavin
14 June 2012 at 19:17
Respected seniors & dear friends,
i have filed my ITR for the assessment year2011-2012 in which i have claimed tds refunds and i have received a refund cheque but the amount is not as per the claimed amount, the amount is less than i have claimed now in this condition what should i do? please guide me.
yash007
13 June 2012 at 11:04
The assessee has taken term loan from Bank and also enjoying overdraft facility with same bank, now loan is taken for business and OD also for business, then can assessee made payment of term loan from OD account? AND is the both interest deductible under IT Act 1963?
hiten
12 June 2012 at 13:59
Dear All,
Please guide if i am selling jewellery given by my grandfather, for buying an property. If i give the sale proceeds to my parents for bying the property what will be the tax effect on me and my parents?
Thanking you all in anticipation.
Please assist.
bhavin
11 June 2012 at 23:25
Income tax-revenue had filed an appeal in high court and and the respondent dint know the date of hearing and hence couldnt attend. Later it was found that the status shows disposed and disp. type - Dismissed.
I want to know what does this mean and
what can the respondent do, to know, whether the case is still in court or has been completed?
thank you in advance.
Unknown Person
10 June 2012 at 17:44
IN my last last organization, my Full TDS deducted for 2011-2012. I left that organization. When I ask to give form 16, they told me that they can not give form 16, they will give me CA number, to contact him and collect form 16 from there. Please guide me who will give form 16, what legal action I will take against them.
Charudutta R. Mhalgi
08 June 2012 at 12:55
Respected Sir,
My query is regarding qualifying amount of aggregate donation under Section 8o G.Whcih amounts to be deducted from Gross salary--Exemption u/s10,Deduction u/s16 and deduction under VI-A.
Whether all above exemption and deduction to be considered or which is to be considered out of three for qualifying amount.
Kindly advice for the same.
indu
08 June 2012 at 12:35
Respected sir,
What is the soultion if client don't give us a C FORM.
THANKS & REGARDS
roshini
07 June 2012 at 15:05
A gazetted officer is in job from about 27 years and currently file income tax return on about 7 lakhs per year i.e. net taxable income is 7 lakhs/year.He get to know from other sources that a person has filed tax evasion petition on him that he has asset of about 15 lakhs purchased which is also true and it is mentioned by officer in asset declaration in govt. office during that financial year.actually that person is trying to unnecessary harass the officer.Now my question is that how to describe explanation of it to income tax department because officially officer doesn't get any explanation but want to clear all the fact to income tax department that he has bought asset from his savings as well as from ancestrol incomes.
Chirag
06 June 2012 at 21:55
Dear Sir/madam,
I am a consultant working on a contract basis with a US company.I provide quality assurance services to this US company in SEZ and EOUs. The remuneration is received monthly in US $ as decided in the contract. Though the services are provided in India the product is not used in India. The product is 100% exported to US. for consumption. My query is do my services fall under service tax bracket if it exceeds 10 lac in a year. Kindly advise and thank you in advance.
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Inventory.
There is judgment of ITAT that depreication can't be claim on inventory which is for sale as per the section 145 & AS -2 .
The above query is related to the supermarket in which the assessee is claiming the depreication the stock which he is selling to the customer.
Thanks