Pension income should be shown under which head of income?? And which ITR need to be filed for this..??

As a Employer , is it possible to consider Advance Tax paid by employee himself.

Is there any place in TDS Return to insert Advance Tax paid by employee

. Please note, employee don't have any other income.

can huf submit itr-4s for business income? PLEASE URGENT REPLY.

Dear Sir/ Ma'am

ITR already filled, but time to submit ITR-V was lapse.

In Dashboard, the return filled was showed, but not processed or default return shows.

Tell me what to do to file return for that particular assessment year?
Should I file revise return or file billated return??

Thanks in advance.

Sumit A. Raval

Sir,
I have filled a income tax return of A.Y. 2015-16 on 19.03.2017. During filling such income tax return i had written different amount of closing stock in B/S and Trading A/c.
So, please guide me what i do and consequence of such mistake

please urgent reply.

I availed a loan of Rs.4.50 lacs against FDR of Rs.5.00 lacs in Feb, 2014 to make final payment of about Rs.6.00 lacs towards purchase of a flat in Greater NOIDA. The flat was sold in in Nov, 2014 for Rs.39.00 lacs, but the loan was not adjusted, as Rs.33.00 lacs was reinvested in booking of Studio Appt in Greater NOIDA itself and remaining funds were used in renovation of my house. Investment in Studio Appt generated income of Rs.3.72 lacs in FY 2015-16 along with interest income of Rs.0.62 lacs on FDR, while I paid interest of Rs.0.55 lacs on FDR loan. Please advise, whether loan interest of Rs.0.55 lacs can be deducted from,

i) Interest income of Rs.0.62 lacs, as interest expenditure was incurred to save the interest income.
ii) Income of Rs.3.72 lacs, generated from investment as the loan proceeds were invested therein.

Sirs/ Madam, Please help me in below two queries urgently. 1. Is it mandatory to submit rent receipts, whether less than or more than 1 lakh.. having revenue stamp and on that landlord signature or without using revenue stamp is acceptable ? 2. If rent amount exceeds 1 lakh and person doesn't have his Landlord PAN ( not registered for it ) but agrees to give declaration. Along with this is rental agreement mandatory too ? Please advise..

We, I (myself & my two sisters) have inherited a 10.00 bigha plot of a land from my father during the year 1985, which was purchased by my father for Rs. 1,000/-per bigha only long ago.
Total cost by father 10,000

We had to incur various expenses like earth filling, road construction etc. etc. on each
plot @ Rs. 50,000/- per plot.
Total Expenditure 500,000



Now the said land is converted in 10 nos.plot of 1.00 bigha each and is going to be
sold to various persons @ Rs.2.00 lac per bigha each.
Total sale price 2,000,000


Hence, Sale proceed 2,000,000
Less: Cost & Expenses 510,000

Long Term Capital Gain 1,490,000


Sir, whether the above calculation is correct ? If correct, what are the various provisions to minimize the tax on LTCG ?

Hi I'm a interior designer, providing designing and execution services. some times its both design and execution, sometimes its just design or just execution. so what are the taxes applicable and what kind of firm should i get registered.

Dear Sir/Madam,
My spouse (house wife) and she has lost money in Share trading (mostly in speculation). Her annual income from sources, like sewing, tuition etc. is 1.5 lac approx.
Which ITR Should she File?
Thanks.