My client is an individual.
He was not applicable for deducting TDS in the 1st quarter.
But he received an intimation notice for filing the return for the 1st quarter.
I wanted to know if filing a Nil TDS return is Mandatory for individuals.
Please mention relevant section.

hello everyone!
i changed my job during the previous year, form 16 issued by both the employers. On going through the form 16 I have come to know that tax deducted at source is less than what should have been deducted.As both the employers considered the basic exemption limit ie 180000 for male and 190000 for resident female in one year.So, I know I have to pay balance tax through self assessment u/s 140A, but what I want to know is whether I need to pay interest u/s 234B as the shortfall is more than 10000.Actually, recently I have gone through a case law on the PWC website that salaried employee is liable to tds hence he is not required to pay advance tax and as such he is not liable to interest u/s 234B.
Kindly, clarify on this please as I have to pay tax and file my return.
thank you so much.

Hi...

I would like to know how to compute and taxed income earned by resident in US. Since it would be in respective currency, how to arrive to conversion rate and how to file IT Returns..

Provide me a detail for all sources related to resident income earned outside India

Thanks,
Prashant

please tell me can file IT RETURNS FOR THE ASSESSMENT YEAR FROM 2008-2009 TO TILL NOW ?

IS THERE ANY PENALTY FOR THAT EARLIER RETURNS?

A US citizen who a)has permanent home in USA b) Has vital interests in USA c) stays 185 days in USA and d) has zero India income. Also this person plans to stay 180 days per year in India for many years. At some point he will become a tax resident of India. Can this person continue not file India tax because the provisions of tax treaty entitles him to be non-resident of India.Or, if he is required to file, can he exclude all his global income.
If this issue came up, will IT likely to resolve it quickly or will resolution take years and court case? I know it is a loaded question--but answer whatever you can.Is there a past case on these lines

Hi,

I have invested in mutual funds.
Units purchased - 123.487
Purchase Rate - 40.49 per unit
Sale Rate - 43.25 per unit
Exit load - 1 percent

Can anyone tell how much money i'll get on redemption.

The mutual fund I invested in is SBI.
Can anyone tell the redemption mode (Cheque or NEFT)

Regards,
Dheeraj.

During filing of e return I by mistakely Forgotten to mention deduction of Rs.20,000. under Sec. 80 CCF and due to this Notice Demand of Tax has been sent by Income Tax Department..Can you please tell me how I will end up this demand.

in how many days form 20B should be filed

Sir

I could not register in the E-filing site as a new user, due to the error that my firstname/surname is not matched with the records with them.

I was submitted the PAN application through a consultant and not sure that in which order he gave my firstname/surnaem.

Request you to advice me how to solve the issue.

hello everyone,
I have filed revised return as I committed a mistake in original return filed online,my query is which acknowledgement should I send to cpc bangalore?The one which was generated with original return or one with revised return?I have not sent any acknowledgement yet.
Thank you.