Return filing
This query is : Resolved
15 September 2011
An assessee having below taxable income from a networking company (based on chain system, members enhancement system)is required to file Return of income or not? If yes, under which head?
Please guide in resect of the above and oblige...
Please guide in resect of the above and oblige...
CA Ashwani Agarwal
(Expert)
15 September 2011
No need to file return, but in case TDS is deducted then file the return to claim the refund.
Show income from other sources.
Show income from other sources.
25 September 2011
bank interest on savings bank account is now taxable since section 80L has been abolished...is there any limit for the same say 5000 or 10000 or it is taxable from the very first rupee.?
And as of now the salaried employees having five lacs as income but savings bank interest exceeding ten thousand are required to furnish return of income. Do the previous question and this question relate anywhere or not? A detailed explanation would solve the purpose
And as of now the salaried employees having five lacs as income but savings bank interest exceeding ten thousand are required to furnish return of income. Do the previous question and this question relate anywhere or not? A detailed explanation would solve the purpose
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- Import Order Cancelled.
- GSTR-9C filing
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Gift to nri relatives residing in usa
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- ETDS return q4 25-26
- Capital Gains Tax on Inherited Mutual Fund
- LLP audit and disclosure
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
