hi friends,
i wanted to know whethr TDS will be deducted on interest earnd above 10000 even if i am m coverd under the basic exemption limit of 2 lacs.??

i am going to e-file return of itr-1 of one of my frnd's father who was died on may,2011 for refund purpose for a.y. 12-13..i just want to ask after filling of return we have to send the hard copy of itr-v to banglore..so on behalf of father who can sign..? nowhere is mentioned authorised/legal heirs signature in the return.. so what shoud i do to get the refund..?

When will form 16 & Form 16-a be issued? Ie. Can it be issued to a person with NIL deduction
Will gross amount be reflected in Form 16?
Tanks in advance

A person has the following income during April 2011 to March 2012:
1) Income from Salary
2) Income from Other Sources
3) Long Term Capital Loss from sale of equity shares and units of equity mutual fund schemes

According to the instructions given for using "SAHAJ" form, a person cannot use this form if he has "income under the head "Capital Gains" which are not exempt from tax, e.g. short term capital gains or long term capital gains from sale of house, plot, etc.".

If a person has very small long term capital loss, which he does not wish to carry forward, can he ignore the loss and use "SAHAJ" form for filing his Income Tax Return for AY 2012-2013? Kindly advise.

Dear Sir,
I want to know that when will bank deduct tds on fdr ,i.e. its deducted on mature of fd and is it deducted on above rs. 10000p.a.

I am salaried person working with a company my salary is Rs. 150000, and i am also an LIC agent my commission from LIC is 50000
and some other income
which itr i should file for all the income
......Plz reply me...as soon as possiable..
THANK you

IF ANY PERSON NOT IN LIMIT FOR TAX AUDIT BUT HE PAY RENT ON P&M 480000/-P.A.
SO HE APPLY FOR TAN NO.? AND LIABLE TO TAX DEDUCT ON RENT (194I)
PLEASE GUIDE ME .........................

Sir..... can a person whose monthly saving is only less than Rs.500 , invest in mutual fund...???
plz tell me any scheme of such fund if any....

Hi,

Can anyone pls tell me what is the tax implications of Interest on Recurring Deposits. I guess there is no TDS ptovision for that. It means we have to seperately show that interst as Income from other sources and pay tax ourselves? I need some elaborate details in this matter. Hope there will be someone to help me out.
Advance Thanx..

I RECEIVED COMMUNICATION ON 06/07/12 FROM CPC BANGALORE STATING THAT I NEED TO PAY ARREARS FOR AY 2008-09 AND I NEED TO CONTACT AO WHICH HAPPENS TO BE IN DELHI WHERE I WAS POSTED TILL JULY 2011. NOW I AM IN MANGALORE. DO I NEED TO GO ALL THE WAY TO DELHI FROM MANGALORE JUST TO PAY THE ARREARS OS RS.2000.. PLEASE ADVISE ME WHAT TO DO.