One of my friend is a salaried employee in a Private Ltd. Company. He withdraw some amount from his GPF account. But TDS is done by GPF Authorities, but the amount of TDS is not shown in his 26AS Statement / Form 16. Can my friend take refund this TDS amount from his GPF account through filing Income Tax Return. Please tell me, how can we verify our TDS statement, and Form 16 / 26AS Statement. Please also tell me how can we take refund above mentioned TDS amount from GPF Account?

Read more at: https://www.caclubindia.com/experts/tds-deducted-from-cash-withdrawn-from-gpf-account-2670214.asp

Example:
ABC associates, a partnership firm goes to dissolution as on 11/05/2018, with the permission of all partners.All assets are disposed and all liabilities are paid except partners capital.Partners got some amount as per their ratio, only pending is very small amount.Partners have no issue.
But my question is:
Accounts filed upto 31/03/2017? Upto which period, we wants to file?
How to convince ,Income tax authority our firm is closed,Dissolution deed is made, can file it?
Partners accounts closing is mandatory?
Thanks in advance...for helping me with a proper reply..

1) One of my friend is providing wiring/electrician service to customers on individual basis. Does he can file A.Y. 2018-19 tax return on Presumptive basis under Profession (50% profit)?

If yes, then whether "Technical service" criteria requires any degree on hand or all technical services can be included under this criteria.?

2) His wife is engaged in Beauty Parlor service, so does she can file tax return on Presumptive basis, if yes then as profession (50%) or business(8%)?

Thanks in advance.

A PERSON PROVIDING SERVICE AS A REPORTER TO ONE OF A PRINT MEDIA IN MUMBAI, HE HAS RECEIVED INCOME AFTER TDS U/s 194J,,, MY QUERY IS, CAN HE CLAIM INCOME UNDER SEC 44ADA OR TO BE SHOW UNDER INCOME FROM OTHER SOURCES?

in case of an automobile dealer we are purchasing it by paying gst. But can we not take gst as part of closing stock value? If we can not then how do we treat gst component that is held up in physical stock in progit n loss accountregards

A Joint Development Agreement (JDA) exists between a landowner and a developer for construction of flats. In such development agreement, both parties will share revenue in ratio of 5:95. All the revenue money shall be received by the developer and all the development expenses will be incurred by the developer.
How the GST liability will be discharged in such a case in the hands of both developer as well as landowner?

dear sir
I have filed ITR for A.Y. 2016/17 claiming TDS deducted from my salary.However 26AS not showing the same despite many request to my employer for correction.Now intimation u/s 143(1) sent by department denying TDS and demand for tax.What to do?

Respected all,

I need a help related to ITR 2. I downloaded java utility from income tax website. One of Individual sale residential property 1800000 rs. and cost of construction 962832 and capital gain 837168. He deposited 1800000 rs. in capital gain deposit Scheme. but when i fill data in ITR 2 form in capital gain and claimed deduction under sec 54. but it show tax in 837168*20/100= 167434 but after deduction 54 there should be no any capital gain. I already fill details of sec 54 but it show tax but not showing any income in total income tab. can any one help me for it. why it show tax after claiming deduction under sec 54

My mother in law and wife has a joint FD. My mother is senior citizen but my wife is not. Being the senior citizen, the FD gets 0.5 percent more on interest. But, the interest of this Joint FD was transferred to my wife' s SB account.

The clarification is kindly sought on whose account (whether it is on mother in law's or wife's account) the accrued interest of this joint FD to be accounted while arriving their income in that particular financial year.

Kindly clarify.

Thanking you,

regards
raman k

One of our client have received GST Discrepancy notice for the Quarter OCT to DEC, in that notice they have mentioned that we have claimed excess input for the above mentioned period amount in Rs.251161.92. But after checking with our computation, we have noticed that our client has taken some bills input of September, taken in October month and October month input taken in November so difference have been araised.
so how we could solve this Discrepancy..??