I have own a lottery against which i received the proceedings after deduction TDS u/s 194B, if agreegate income does not exceed 1.6 lac after including lottery i.e my taxable income for the year is zero.
can i refund claim for the TDS deducted from lottery prize.
Rakesh Raval
25 July 2011 at 09:50
If Grand father paid Life insurance premium of grand son than Gift deed is reuqired or not ?
Anonymous
25 July 2011 at 07:13
I have been paying property taxes regularly but since 2009, the cheques sent to the the Corporation of Chennai have remained un-cashed. The bill collector refuses to accept payment. I therefore asked for the current Annual Value under RTI and found that the tax I am paying is correct. I have not received any new property tax demand notice or notice of revision under Section 137 B. The Metrowater Chennai will not accept payments unless I show the receipt for property tax for the current half-year. What legal recourse can I take to resolve this problem? I have also placed complaints on the Corporation website to no avail.
Jameer
23 July 2011 at 20:55
Sir i got the below message from income tax dept.will u please explain what it mean and the term 'return' in the message.
Thank you
Register on www.incometaxindiaefiling.gov.in to view your Tax Credit Statement (Form 26AS) & e-file your return. Due date - on or before 31st July, 2011
saritha chavan
22 July 2011 at 20:58
dear sir,
my annual package is rs.400000/-, do i need to file returns for the financial year 2010-11. in my office i was told it is not necessary to file retuns because of the recent amendment, that income of Rs.500000 and above only should file returns. i have not availed any kind of loans.
sir, kindly clarify my query
snpathak
21 July 2011 at 21:18
during the financial year 2010-2011, my assessee is employed at mnc at gurgaon and received salary from india for 07 months and went for us for 05 months and paid tax on us salary at us.in the month of february2011 he came back to india.tell me i should furnished his return of indian salary or both.
Anonymous
21 July 2011 at 15:44
dear sir,
we have paid FBT for the financial year 2009-10 of Rs. 22000. now in the financial year we have written off FBT Recoverable of Rs. 22000 through Profit & Loss A/c. so sir, i want to know whether fbt written off is allowable expenses as per income tax act.
Can House Loan repayment amount can be taken for ded. U/s 80C by both husband and wife, if the said loan is in the name of both of them. If yes, in what proportion. Consider the repayment as 1,80,000/- and both are having savings u/s 80C of Rs. 20,000/- and 10,000/- each. Please advise.
snpathak
20 July 2011 at 09:13
i filed my return for a.y. 2010-2011 withintime on30/09/2010 and my case has been completed u/s143(1) of the i.t.act1961 . can i revise my return for a.y 2010-2011 upto 31/03/2012.
income tax
whether the commission received from real estate business is a business or profession as per income tax act?