Easy Office
LCI Learning



Anonymous
19 April 2010 at 00:33

taxability of stipend

Wht is the taxability of stipend earned as income /??
Stipend earned by articles are taxable ??
if yes or not., under which provisions..?



Anonymous
18 April 2010 at 16:14

how to rectify the tan no

In the tax paid time the assesee fill the wrong tan no after three months he got the mistuch now how to rectyfy the TAN


Rajalakshmi
16 April 2010 at 15:39

Short deduction of TDS

Hello All


Request a response for my query.

A nationalised bank fails to deduct tds on salary of an employee, for a particular financial year. They have neither deducted from the employee, nor remitted it to the government. IN the next financial year, they realise their error.


1. Can they deduct from the employee and remit it with interest to the govt, now?

2.How do they account for the entry, in their books?

3.How will they issue form 16? can it include the TDS deducted now?

4.Will this be an issue , when it comes to their statutory audit?


Appreciate all response.

Thank you



sachin dige
16 April 2010 at 15:30

penalty for delay in tds Return

as per above which challan should be fill for panalty charges on delay in tds return



Anonymous
16 April 2010 at 13:01

entry tax

from which dtae Entry tax has been applicable in himachal pradesh, pls send the notification


CA Nimish Vinchhi

while paying TDS online, by mistake I selected assessment year 2011-12 instead of assessmen year 2010-11.

what is the procedure for correct the same?


CA.Alka
11 April 2010 at 22:03

Regarding Profession Tax (PT)

My sister was working in a school till 2006..
for which Profession tax (PT)was deducted

then she left her school and joined some yoga course for 2 years or so..for this period, no Profession tax was paid..and during such time ,She was only earning interest income and her income tax returns were filed regularly which showed only interest income

Now in the year Jan 2009,she started getting professional fees..so we decided to pay up PT now in the year April 2010

the one who manages PT told us that you have to Pay it from 2006 onwards..

when i got all the proof and documents of her whole working and non- working history,i was told that they will not consider all these documentation which includes income tax returns and computation s,salary certificates(when working only) for all the years..

i was advised that since she did not intimate to the department that she is no more working,they will consider her as working so u have to pay up

the fact is she is getting registered for the first time now and before her school used to deduct it..why does she become liable for paying up PT when she has not worked at all..

Please advice me as to whether i should be paying such a huge amt which will be more than 10000..

Regards
Alka Adatia
Chartered Accountant



Anonymous
11 April 2010 at 15:50

TWO PAN CARDS

I HAD APPLIED FOR PAN CARD IN 1999 , HOWEVER I HAD GOT TWO PAN CARDS, I RETURNED SECOND PAN CARD BACK

I HAVE BEEN PAYING TAX ON MY FIRST PAN NO. FOR THE LAST 11 YEARS

HOWEVER, I HAVE RECD A INTIMATION UNDER SECTION 143(I) FROM IT DEPT. FOR A.Y. 2008-09 TO PAY RS.5.83 LAKHS ON THE PAN NO. RETURNED BACK TO THEM FOR THE RETURNS FILLED ON MY EXISTING PAN NO. WHERE I HAVE ALREADY PAYED THE ABOVE TAX AND I HAVE TO GET A REFUND OF RS.1.63 LAKHS

NOW I AM NOT GETTING THE ACKNOWLEDGEMENT OF THE SECOND PAN CARD RETURNED TO THEM

KINDLY SUGGEST



Anonymous

Hi there


I recieved notice from IT department for
Intimation under section 143(1) of the income tax act, 1961 for the AY 2008-09
in that is showing I have to pay 300 rupees u/s 234c.

But my annual income is only 1,08,604/- I have form 16 as an proof. So kindly some one know me the performa of the letter to write against this notice


Prashant
06 April 2010 at 10:17

TDS Payment March.2010

Hi..

I would like to know what is the date for payment of tds ( 94C,94J,94H,92B ) which is deducted in march.2010 ( 01St to 31st March )

Please revert

Thanks,
Prashant