Sir,

I have two residential house.

1 is used for self residence and the 2nd one is let out.

as per the Wealth tax provisions. Under section 5(iv) one house is exempted.

and Under 2(ea) (i) (4) it is given that house let out is also exempted.


so, for me both the residential house are qualified for exemption under Wealth Tax Act ???

I had purchased 4000 shares of a Ltd.company during October,2011 for Rs. 2,40,000/- (@ Rs.60/- per share). Out of which, I have sold 2000 shares for Rs. 4,80,000/- @ Rs. 240/- per share (Being STT already paid). I thing the LTCG is exempted. But can anyone advise me as how should I value the unsold shares 2000 in my hand for income-tax purpose?

If an assessee is doing the business of buying and selling vacant plots, will service tax provisions be applicable?

Please reply

Hi Experts,

I have a query. I need to pay tds(late filing penalty) u/s 234e but no bank is accepting the challan. They say upload it by online. In online it is asking for code we cannot find code 34e. How to pay the penalty under sec 234e (tds)

Dear Sir,

What is the approximate charge payable to a professional for rendering services in relation to "TDS on immoveable property" ?
Agreement value is Rs.50 lacs.

Scope of services will be
1) Filing online Form 26QB
2) Making payment of TDS in autho bank
3) Registeration of Buyer on TRACES and obtaining Form 16B

Pl guide

I have to file my IT Return in ITR 4S for AY 2013-14 u/s.44AD. My Balance sheet shows a excess cash in hand Rs. 17.00 lac.Of course, there is also unsecured loans payable of Rs.9.00 lac. But in ITR 4S, unsecured loans cannot be shown. Hence, I want to know if there is any problem in showing this excess cash in hand ?

My Balance sheet for the year ended 31.03.2013 shows a cash in hand of Rs. 17.00 lac and unsecured loans payable as Rs.9.00 lac. I have to file my IT Return for AY 2013-14 in ITR 4S, in which only cash in hand is to be shown but unsecured loans cannot be shown. Whether there is any problem in showing cash in hand of Rs. 17.00 lac in ITR 4S.

I have to file the above return us.139 and U/S.44AD

Dear members
A newly formed pvt. ltd. company which exports software. Company isn't started it's business yet.
Kindly suggest me which taxes are required to register for this company.
Service Tax , VAT or any other taxes for export of software.
Can service tax registration is made before commencing business?

If an Indian co. is paying fees for technical services u/s 9(1)vii) to a Non Resident co. in USA, then at what rate should TDS be deducted u/s 195?

Please reply.

itr 1 for salaried individual filed without mentioning gross total income...

original returns filed after due date


so how to file it correctly as it is not accepting original returns again...

how to rectify please