This Query has 2 replies
Hello,
I was awaiting refund of about Rs.68000/- for A.Y 2009-10.Instead I received a 'Income Tax Refund Order Advice' from SBI which says amount of Rs.1120 has been adjusted.
I don't understand this slip. Please explain in simple words if I will receive any money or has it been completely adjusted? If adjusted, where and how?
Thanks,
Sanjay
This Query has 2 replies
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.
This Query has 3 replies
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.
This Query has 1 replies
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
This Query has 1 replies
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?
This Query has 1 replies
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
This Query has 7 replies
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.
This Query has 1 replies
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.
This Query has 1 replies
in how many days form 20B should be filed
This Query has 3 replies
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.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
What is 'income tax refund order advice'?