Hi,
There is a difference in my Form 16 given by Employer and Form 26AS (Downloaded from TRACES. TDS deducted & deposited is same but the amount credited differs.
Amount stated in Form 16 by employer is more than that of shown in Form 26AS.
For the A.Y. -2014-15, I filed my return of Income on the basis of Form 26AS resulting in refund of Rs. 8900/- to me.
A few days back I have received a ShowCause notice from the Jurisdictional AO soughting clarifications on difference in Income as per Form given by Employer and Return of Income filed by You failing which imposition of penalties U/s 276C(1) & 277 of the Income Tax Act is being proposed.
Can You please help me regarding this.
Which a superior document (a) Form 16 issued by employer or (b) Form 26AS downloaded from TRACES.
Is there any Case law reference, I can quote while replying the SCN.

Please Help.

We are the institute coming under the autonomous body status of Govt of India. We are conducting number of CSR Sponsored short term training programme / vocational training programme from no. of sponsoring agencies i.e Power Finance Corporation , NTPC Ltd.,ONGC Ltd. & others . These training programmes are spent by the organization under their CSR Funds. Further these are courses are not registered with NSDC /NCVT/& under any law . Is it attracting service tax liability on thses training programmes ?

hi sir,
please clarify my doubt.
i received gift from my wife cousion brother, who is in UK.
will it be the taxable to tax?
what should be the wayout for me legally to receive funds& pay tax.

Please give me the advice.

Thanking you.

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Hello Sir,

I wanted to increase my authorised capital from 10,00,000 to 25,00,000 how much fees i need to pay in ROC and or do i need to pay any stamp duty. Can you please clarify query as i have checked somewhere it's showing i need to pay 30,000 and other source stating 81,000. So can you please guide me with it.

Sir, is it necessary for a gallantry award winner to file ITRs as pension received by him exempt from income tax?
If yes then how to n in which column such income disclosed?
Regards.

One of our clients had filed original IT return showing a refund of Rs90,000.Subsequently the return was revised and the refund amount was reduced to Rs.70,000.00.However the Income tax department has now processed the refund based on the original return and have issued refund DD for Rs.90,000.What can be done regarding this?Can we encash the DD for the full amount and pay the differential amount as self assessment tax?Or is there any other alternative available?

I had a turnover of around 1.5 crores each year during the financial year 31.03.11, 31.03.12, 31.03.13, 31.03.14 & 31.03.15. But I had neither got my accounts audited u/s.44AB nor I had filed any IT Returns for the said years. As such, I had violated IT provisions completely. But sir, now I want to regularlise my IT returns w.e.f. Financial year 2015-16. But, what should I for the past years' violations ? Whether there is any way, so that I can file my IT Returns of the past said years (of course with penalty) ?