EASYOFFICE
EASYOFFICE


Jai Yadav
This Query has 1 replies

This Query has 1 replies

28 July 2015 at 16:41

Demand notice under 143(1)

Respected Experts
I am a salaried govt. employee. I have recently received an intimation U/S 143(1) from CPC Bangalore in which the department has demanded tax amount of Rs. 21,708/- for AY 2014-15.
-In this regard the total tax liability as calculated by me and deducted by my employer at source is 17683/- while the department has calculated it as Rs. 18142/- to which I may agree and ready to pay the difference amount of Rs. 737/.
-The problem here is that the tax amount already paid by me is shown as zero in the intimation letter column number 40. While my form 26AS is showing the full amount of Rs. 17683/- the IT departments intimation letter is showing it as unmatched.
-Hence the total amount demanded by IT department is Rs. 21708/- after adding interest on the full amount.
So please help me how should I approach the department to rectify this issue.
Thanks
Jai Rao



Anonymous
This Query has 1 replies

This Query has 1 replies

28 July 2015 at 12:26

Ltcg and sectin 54

During financial year 2012-13, I had purchased a land for Rs. 15.00 lac and during current financial year (2015-16) I have sold the said land for Rs. 35.00. Further, I have agreed to purchase a residential house during current year and have paid 10.00 lac as advance in cash, but the purchase agreement of the said residential house has not been finalised due to some problem. The said final agreement may be delayed by one year. Under the circumstances, may I get the exemption for LTCG tax for 10.00 lac paid as advance ?



Anonymous
This Query has 3 replies

This Query has 3 replies

I AM ACTING AS A MANDATE OR BROKER BETWEEN BUYER AND SELLER. SO HOW CAN I RECEIVE COMMISSION IN $ VIA BANK TRANSFER ? CAN I RECEIVE IN MY PERSONAL NAME CURRENT OR SAVING A/C OR I HAVE TO RECEIVE IT AS BUSINESS CURRENT A/C ? IF PAYMENT IS > 10 LACS IN INDIAN RUPEE THEN DOES ANY TAX LIKE SERVICE TAX.applies ? IF TO RECEIVE IN BUSINESS A/C ONLY , PROPRIETARY FIRM IS OK ? IF I CAN RECEIVE IN MY NAME CURRENT or saving A/C THEN I HAVE TO PAY IT OR ADVANCE TAX ? IF ANY BODY HELPS I WILL BE GRATEFUL


Sunil Jadhao
This Query has 1 replies

This Query has 1 replies

26 July 2015 at 00:00

Pan card

Dear Expert,can you provide me a filled in PAN application (49A) for reference.


Krm91
This Query has 1 replies

This Query has 1 replies

Husband has opened bank account in name of wife but all the savings account interest income received is from the money invested by husband. The wife falls in 20% tax slab and husband in 10% tax slab for AY 2014-15. The savings account interest income is around 25000/- and there is still no PAN provided to the bank for this account. Should this income be included in wife's GTI as the account is in her name or should it be included in husband's GTI considering clubbing provision. Also in current year the entire balance in that account is transferred to husband's bank account. Since there is no PAN provided and in next assessment year there is no interest income, is it alright if in the current ITR , this income is not shown at all. If its not shown in Itr and later year query comes then who will be at fault i.e. husband or wife? And what will be amount of penalty?? Please help..


Naveen
This Query has 1 replies

This Query has 1 replies

22 July 2015 at 11:22

Is e verification mandatory?

is Aadhar number mandatory for efilling for AY 2015-16? or we can sent signed ITR manually?


venu
This Query has 1 replies

This Query has 1 replies

20 July 2015 at 07:18

Second home loan

i paying EMI for my housing loan and it's going to complete the house is self occupied. if i buy another house by loan it is available tax benefit. please suggest me.



Anonymous
This Query has 2 replies

This Query has 2 replies

A proprietor firm has a HUF proprietor and for his bank CC loan, the bank refuses to approve as being a huf proprietor of firm. What should firm do to get his loan is any way to convert huf proprietor to individual proprietor? Pls clarify.



Anonymous
This Query has 4 replies

This Query has 4 replies

17 July 2015 at 16:55

How to reset password

My Tax Consultant not provide me E-Filling Password. and He is not fill correct bank account no., Also Email id & contact no.fill his own in previous return.

How t reset password.



Anonymous
This Query has 1 replies

This Query has 1 replies

17 July 2015 at 16:00

Pf act

Can basic salary be constant for all employees ,Though the total salary varies for the purpose of calculation of pf ,In my company all the employees from directors to junior staff have same basic pay as 6500 .can it be fixed in this manner.Please respond