Started off filing IT returns as a "Professional" for teaching services.
Over the years, activities have diversified into multiple disciplines.
Would it be ok to switch to filing as a "business" and take advantage of the 8% presumptive taxation?
Or would it flag up the IT return?
I was assessed under Sec.143(2) of IT Act. There is a mention in the assessment order that a notice under Sec.143(2) was issued and served upon me. However, I have not received any notice under Sec.143(2). Now I want to get a copy of the said notice and despatch particulars and also the service details. How can I get these from the Assessing Officer/Income Tax Department?
Hi, I have recieved e pan on my mail on 2nd june, however, when i'm trying to pay tax or register on income tax website, it shows error as "invalid PAN". Also since the past week i'm trying to connect to Income tax customer care but i'm unable to do so as the number is always busy. Can someone give me a solution for the same? Thank you.
Answer nowI have validated dsc but don't know how to download justification report for the year for which I have no token no.
Answer nowdear mam /sir I thankful for your previous quick reply I have one more query one of my Frnd received salary in cash and some transaction with bank and received other income 55000 in bank . I filled an itr 1 for AY2016-17 and not disclose his cash in hand balance . now if I deposit my cash in bank . is there a problem? cash balance disclosure is compulsory?
Answer nowcan interest paid on housing loan be considered in cost of acquisition while computing capital gains from sale of such property in future?
Answer now
In how many days pan card is received if applied through utiitsl.
Answer now
PAN No. submitted to bank in 2nd Qtr. Bank deduct TDS on Pension. Form 16 not show 1st Qtr. TDS Amount. Is it correct Form 16
Answer nowDear Sir,
I am filling the ITR online.
In TDS section Which Amount "Income chargeable under Salaries" should I mentioned from Form 16. Is it Gross Salary (Column 1 of Form 16)or Income chargeable under the head 'Salaries'(Column 6 of Form 16)
Dear sir/Madam
Kindly tell how to calculate interest on tds
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