Income Tax queries [12802]

All Resolved Open

Eswar Reddy S

27 September 2014 at 22:24

Non filing of tds returns due to pan unavailable

Hi All, Is there any penalty /interest non filing of Tds returns if the deductee does not have PAN? Tds deducted 20% instead of 10% and remitted the same within due date ,but tds return not filled.

Anonymous

27 September 2014 at 22:23

Exemptions u/s 54f

one of the client is in receipts of long term capital gains, to claim the exemptions u/s54/54f, can he construct the house property in the land which is in the name of his wife?

Eswar Reddy S

27 September 2014 at 22:19

Loan taken from bank (secured or unsecured )

Some people are telling If we take loan from bank it is a secured loan ? Is it correct? Is there any basis to determine secured and unsecured?

Eswar Reddy S

27 September 2014 at 22:15

Dear All, For proprietor ship business LIC paid from business account ,is it drawing or investment ? (Accounting treatment) 1.Proprietor life -not for business purpose (DRAWING) or 2.Business money paid to others advance /loan as the same will be refunded on maturing (Investment )

Eswar Reddy S

27 September 2014 at 21:59

3ca or 3cb

Incase of companies having turnover more than 1crore for 2014-15 AY (Tax Audit cases), books of accounts to be maintained under section 44AB , What is the form to be used 3CA-CD OR 3CB-CD ?

Eswar Reddy S

27 September 2014 at 21:53

Tax audit report filing

Dear All, We are attaching both DSC's , CA and Director /partner /Proprietor Is it required to upload signed scan copies of financials while uploading tax audit report ?