I have 2 queries
1. If the income tax has not been filed for the year 2006-2007( due in July 2007) till now, and there is no tax pending to be paid- would it attract a penalty now to file it?

2.If a son gives a sum of Rs 2,50,000 to his father- who puts in a FD for 2 years and then returns the amount with interest to the son, would either need to pay income tax( father has no source of income so interest on FD would not be taxable as he is senior citizen)

Thanks in advance

Do we need to file annual return this time?(as ROC told that there is no annual return this time

Dear All,
I have not received form-16 from my previous employer and currently that employer not in a position to issue me Form-16.
Shall i claim that TDS in my return without attching form-16?


Please suggest me what will my steps to slove this matter.

The ITO issues a notice u/s143(2) of the ITA for AY 2006-07 on 25/07/2007. The ITR was filed by assessee on 15/07/2006. thereafter the file of the assessee was shifted to another ward by dept. due to some internal changes in dept. the ITo of new ward issues a new notice in march 2008 without any reference of previous notice. IS this New notice valid or will it be considered time barred?

We are hiring vehicle for our office from travel agencies on monthly basis. Generally, we deduct Tax from the gross bill u/s 194 I. But, very recently we have got instruction to deduct tax for the same @2.266%, i.e TDS u/s 194C. So, please tell me whether tax for vehicle hiring to be deducted u/s 194I or 194C.

Are provisions of Section 194H applicable to commission paid to pigmy collectors of a co-operative society

Thanks for your assistance

what is the last date for filling a return of tds???

We have declared devidend for the fy 2006-07 not paid till date along with Dividend Tax.. Pl.Help me what are the Compliances?

sir
is there any mandatory to pay amount from the company account only or we can pay the amount from any account on behalf company.