Anonymous

A branch of a leading Public Sector Bank has not uploaded TDS particulars in respect of depositors for Assessment Year 2011-12. Despite repeated requests from the depositor to do so, the branch is giving some excuse or the other for not doing so. My queries are as follows:
1. Is there a time limit within which the TDS particulars are to be uploaded?

2. What happens to the TDS claim of the depositor (who has been given the TDS certificate by the Bank in Form 16A) if the particlulars are uploaded after the time limit and/or after July 31, 2011? Note: The depositor will be filing his IT Return online.

3. Is there any remedy available to the depositor to compel the branch to upload the TDS particulars?


MANGESH SHANTARAM MOHITE
28 July 2011 at 10:19

Deductions from salary

Respected sir,

Where do i show LIC DEDUCTION IN ITR -1,

Where do i show my transport allowance of Rs. 9600/- , & Medical allowance of Rs. 15000/- & profession Tax deductions in all these deductions to be shown in which section in ITR - 1, Please help me.


VASU
28 July 2011 at 02:34

Tds certficate vs 26as statement

Hello expert
A person is employed in Punjab National Bank.
TDS cetificate furnished by employe bank indicates a tds deducted of Rs. 20000. But 26 AS statement is not showing it.

what can be the reason.

Is it due to the fact that employer is a Government?
I have once read that for tax deducted by goverment employee 266AS statement use to be blank, because for them TDS deducton is done only by passing accounting entries.
And this system is not fully functional rightnow.
(unlike to the non-govenment employee for whom Bank funishes data over TIN system. afte that employer funish quaterly statement. only when both match, 26AS statement reflect TDS.


Rownak Jajodia
27 July 2011 at 12:38

Wealth tax

Can Department now issue wealth tax recovery notice after 30 years of the AY for the deceased person who died 20 years back.


CA Dron Bharadwaj
27 July 2011 at 08:53

How to know pan holder's details ??

Sir

I m facing a problem while registering a PAN no. for e-filing at the Income Tax Website.
It shows NAME and PAN No. DOES NOT MATCH.

I want to know if there is anyway to know the PAN HOLDER's Details FROM THE PAN NO. ???

Thanking you in anticipation.


jaigurudev
26 July 2011 at 23:03

Tds deducted but not credited

dearsir,AY YEAR 2007-2008 KBJNL.BANGALORE HAS DEDUCTED TDS ON INT. AND ISSUED TDS CERT. WITHOUT MY PAN NO.NOW INCOMETAX DEPTT. HAS ISSUED NOTICE TO PAY ME TAX WITH INT. AS AMOUNT IS NOT SHOWING CREDIT TO MY PAN NO. WHAT TO DO AS KBJNL NOT RESPONDING TO ME THEY HAVE DEDUCTED TDS AND THEY HAVE FILED RETURN WITHOUT MY PAN NO.PLEASE ADVICE ME WHAT I HAVE TO DO?
WITH THANKS


suresh

Sirs,

Section 10(10D) - Life insurance maturity Receipt (Income Tax)
1. Is the benefit under this section the NO CALCULATION OF CAPITAL GAIN TAX?

2. I have heard that the money paid by the person opting for it + the returns received from it both are Taxable. m Can someone give me a reply to these queries in yes and no?

Reply at suresh_o_chotrani@yahoo.com

Suresh


ankit

I registered my pan but now i have lost my password and also i have forgot my secret question that i answered...


is there any way to recover the lost passowrd..also i have neber filed my return electronically before.. [pls help...



Anonymous
26 July 2011 at 12:10

Efiling

Tried registering in the income tax site for efiling for a HUF. But everytime the surname field shows error as" surname does not match with records". I have entered evrything as per PAN card details. Still its shows the same error. wat should be done? This is the problem i m facing for every huf registration and as a result we have to file returns manually..Request u to kindly help us



Anonymous
25 July 2011 at 23:07

Clubbing of income

If a house-wife saves money which she gets from her husband in fixed deposits in Bank, MIS, RD in Post offices in her own name and earns interest on it, will the interest income so earned shall be clubbed in her husband's income? The husband is salaried person and his tax is deducted by the employer at source.






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