Hi, I was working with a company which deducted and deposited TDS in FY 2009-10. I couldn't get form 16. Now the company is closed. I could trace the challan for deposit of TDS by the company. Now, since the TDS is not appearing in my account, department has served notice for payment of tax with interest. I have submitted the copy of challan along with proof that I was employee of thay company. However, the IT department is not responding to these submission and keeping the demand open. Please suggest how to resolve this.
Am receiving professional fees 29000/- and it's GST 5220 .So the total value of my invoice including GST is 34220. in this case whether I have to deduct TDS under 194j ( in excess of 30,000)?
Answer nowI have old gold (jewellery) for which i have no bill nither i know cost of purchase of that gold, niether i know year of purchase. It is given to me by my Grand parents, i.e. it is inherited gold Today if i go to market and sell that gold, will there be any capital gain on sale amount.
Answer nowSir We have registered a partnership firm in July 2017 and paying rent for amounting Rs 50000/- Pm.... Kindly advise whether we required to deduct tds or not.....
Answer nowWhere will this income (from renting vehicles) be taxable under itr 4 of income tax.
Answer now
I AM COVERED U/S 44ADA.I HAVE TWO HOUSE PROPERTIES.ONE IS SELF OCCUPIED& ITS INCOME IS NIL.2ND ONE IS RENTED & I GET RS.50000/FROM THIS PROPERTY.DOES IT AMOUNT TO INCOME FROM ONE HOUSE PROPERTY TO MAKE ME ELIGIBLE TO FILE RETURN USEING ITR4.KINDLY EXPLAIN..
Answer nowWhat we are required to fill in that column where we are asked of section 44AA relating to maintenance of books of accounts while filing itr of small businessman : yes or no
Answer nowDear Sir I have got notice of letter regarding File income tax return for FY2014-2015 w.r.t Assessment year 2015-2016 against my wife from district ITO office.The subject of letter was Non-filling income tax return-reg.They have mentioned in letter that,the income tax department has received the financial transaction and activities relating you.So you are requested to furnish your response in compliance module in e-filing portal.she is not in service.she is a house wife.I was doing job and file income tax return of above respective assessment year 2015-16 and got ITR-(V).But now I have retired from service.I deposited some amount for my wife's bank account during that financial session.I have also submitted PAN Card of wife to the branch manager with adhhar card details.Still date, I have returned file income tax update .Then,what I have to do,plz suggest me regarding this matter.Thank you
Answer nowSir,
A govt employee donot file his return for FY 2014-15, he also sold a land for same FY 2014-15.A notice receive cash transaction more than 10Lac.
Now what is the way to rectify it.
Plz advise
If income tax return has been filled and processed by CPC,can it be revised after that and if so what is the time limit for that? kindly reply as early as possible,THANKS IN ADVANCE
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How to get tds credit not reflecting in 26as