Sir, I got a notice from Income Tax Dept: to clarify TDS 94A (TDS Return- Interest other
than Interest on Securities). But in my 26AS TDS deducted on Interest in term deposits in banks are shown as Section 194A.
Are these TDS94A corresponds to interest amounts returned to depositor on term deposits (if form 15G I submitted to bank)?
But I am unable to view these details and helpless. Please guide. Thank you. D.Anand

We have purchased a Industrial Land from One proprietorship firm,which the original allottee of Andhra Pradesh Industrial Infrastructure Corporation. The Value is above Rs.1 Crore. Is this transaction attracts a TDS u/s.194IA. If applicable who is liable to pay the TDS. Is transferor(Seller) or transferee (purchaser). Please advise us the above transaction

Sir,
I am partner in two diff firms.
and some interest income.

and I have my car.

can i deduct my car depreciation in my personal INCOME TAX FILLING.

pls give a suggestion.

If by Mistake we pay the recovery raised by IT regading short fall for F.y. 12-13 though E payment by selecting Taxpayer Code No 200 instead of 400. What is the procedure to correct the same. Pls guide

While remitting TDS of payee to the government the Assessment year has been wrongly mentioned.
Can any one tell me the impacts for the same and any remedy possible?

Sir,i have received a refund cheque bt it has wrng Account number.what shud i do.my return was e-return

i unable find the option while making the online payment (in OLTAS website) of late filling fee u/s 234E

please guide me on this regard.

We are private company based in mumbai. we have given contract for construction of 1st floor on our gala to contractor (including material + Labour). Contractor gave us single bill for 50,00,00/- without vat & Service tax.Is tds applicable on above pmt as per Income tax? also advice the implication under VAT act(VAT TDS).

Pls reply ASAP. Thanks in advance.

Original Statement:

Sec.194C Party - Amt Paid - 104500.00 tds - 5000.00
So there is a short deduction of Rs. 5450.00.

But in correction statement whether deductees details will be shown as follows

194C New Challan - Party - AmtPaid/credited- 0 TDS - Rs.5450.00 interest Rs.1090.00

Or,

I have to update old challan the amt. Paid or credited from 104500.00 to Rs. 50000.00 TDS - 5000.00 and

New Challan Amt Paid/ Credited - 54500.00 TDS - 5450.00 Interest Rs. 1090.00.

Please reply in full details.

I have one client is a Govt. Employee and he has also income from Short Term Capital Gain and loss from Long Term Capital Gain. So what ITR should be fill.