Hello all,

I am planning to sell a flat and I have a friend who is willing to buy it. He is paying some down payment and needs to get a bank loan for 75% amount.

Rather than involving a bank, I am fine if he can repay me directly by paying out monthly installments, equal to EMI over a longer duration.

Can this be done ? Can we have an agreement to achieve this ? And, does this have any tax implication for me as a seller ?

Sir whether tds should be deducted or not on agencies or agent working in India on the behalf of non resident Indian shipping companies?

hi there.ur all tips are very useful.i am confused about my job. i m preparing for cs executive and want to appear in dec. i m working as a customer service manager. should i resign from my job or it will help in future?really do not underdtand n confused. pls suggest for this. awaiting ur reply.

wat is the entry for purchase of computer for rs.60k by cash 30k and by credit card 30k uh

Is it possible to E-Revise return, when previous return is manual

With reference to my earlier query about accrued income, i wanted to ask-whether this treatment is correct- last yr i made the foll. entry- accrued commission a/c dr. 460615 tds a/c dr. 51180 To party a/c 511795 party a/c 511795 To comm.received a/c 511795 now,in the current yr. when i received Rs.386154, bank a/c dr. 386154 To party a/c 386154 party a/c dr.386154 To accrued commission a/c 386154 whether this treatment is correct?? and what will be the treatment of( 460615-386154)74461??( i recd. the refund in which i claimed the tds for the said accrued comm.)

If the name of the co is X & Sons Pvt Ltd and the bills for assets purchased are only in favour of X or X jewellers , will that be a problem? From an audit point of view is this point material?

Sir, i already file ITR-1 for A.Y 2014-15, in that i fill details of TDS, in that i wrote by mistake details of TDS of 194IA in TDS on salary head.
Now what i have to do.

When we do login, it appears on the screen that this mobile and this email id is being by for the other assesses also. How to get rid of this problem. Earlier was never like this. I am a professional. My email id and mobile number should remain always with income tax records of my each and every client. Please guide me Yours truly Tarique Rizvi 9821630130

Dear Sirs.,
I have filed my return of Income for the A.Y 2011-12 and 2012-13 as on December 2013.And return for A.Y 2010-11 as on January 2014 with a refund of Rs.50,000 for A.Y 2010-11.I have approached IT Dept for refund but they asked me to submit condonation for delay for late filing.Help me in this regarding wat is condonation and procedure for getting refund????Thank you