Dear all,
I need guide for filling WB P.Tax form III for return filing alongwith arrear and late fee.If possible arrange a sample.
I shall be grateful to u.

a person is agent of Life Insurance Corporation (L.I.C.). his total commission of A/Y 2013-2014 is Rs. 25,00,000.and also same(approx) in last five years.
but he never filed return with balance sheet in past. while he has asset amount Rs. near about Rs. 50,00,000 form past


Question-:

1.- what will be treatment of capital and other assets
2- now he can show is capital in full value or not
3- please provide solution

My Mother is 64 years old. For example Her approx. income for FY 2013-14 will be as follows: -
Intt. income from deposits in Bank - 1,60,000/-.
Post Office MIS Intt. 36,000/-.
Interest From Deposits in NBFC Company - 2,20,000/-.
LIC Pension Scheme Income - 24,000/-.
NSC Accrued Intt. - 10,000/-.
So the total Income will be around 4,50,000/-. Let us say She has also taken loan from me of about 35,00,000/- My Question is if she transfers 1,00,000/- to me from her intt. income and bring her total income down to 3,50,000/-. Further she makes investment of rs 90,000/- in 80C and 10,000/- in 80D so that her income tax is nil then can she give 15H to Bank/Company where she is having said deposits

I read in new 15H for FY 2013-14 that only TAX should be nil on total estimated income ie if income doesnot exceeds 2,50,000 + 1,00,000 of 80C (if one has made any such investments) + 80D Investments etc. IS this correct ?

Further, in 15G for the FY 2013-14 tax should be nil and income from Shares/Securities/Dividends/Mutual Funds/Intt on Deposits/NSC Withdrawal must not exceed 2,00,000/- IS this correct ?

My other concern is that if she is transferring some intt. to me for the loan which i have given to her will section 60 of income tax act of 1961 will be applicable ?

a partnership firm is dealer of hero moter
cycle. there are two activities of this firm-

1) sales of motor cycle
2) servicing of motor cycle

Q.- the firm purchase a common computer software from hero moto agency for use in showroom for sales purchase of motor cycle and also for service center - the firm is paying service tax on servicing of motor cycle in service center . then the firm can book CCR on service tax paid on annual maintenance charges of software

Which book will be best for CA Final 1st group SFM. I had passed 2nd group before 2 attempt but 1st group is troubling me which is said as easy group than 2nd one. Can i get suggestion for Best book for SFM covering concepts and other book of 1st group

For an individual having an income Rs.176000 for AY 2012-13, wants to file return of income through efiling. What would be the penal and time limit for the same. Is there any barred to file return through efiling? Can he/she file return of income both the year i.e.2012-13 & 2013-14 together at one time through efiling?

Sir if a person open 3 or 4 fd accounts in same branch to avoid tds deduction on interest.....we consider aggregate interest on all fd or take seperate interest on each fd for tds purpose?

are companies corporations

SIR ACTUALLY IAM AN PRIVATE EMPLOYEE
AND I ACTUALLY RESIGNED THAT JOB AND FOR THAT YEAR THEY HAVE CALCULATED MY INCOME AND THEY HAVE SENT ME A FORM 16 computed for this assessment year - 2013-14 TAX PAYABLE IS 9181 AND AT THE SAME TIME TDS AS PER FORM26 AS AS PER TRACES IS SHOWING SNO.1 (RS.9181)
SNO.2 (RS.11650)AS OFFICE PROVIDENT FUND)
I NEED A SUGGESION FROM EXPERTS THAT ACCORDING TO WHICH DATA CAN I FILE MY RETURN ON FORM 16 BASIS OR AS PER GIVEN DATA IN FORM 26AS

SO PLEASE KINDLY CLEAR MY QUIERY..

Hello,

My Annual salary for financial year 2012-13 was less than 4 Lacs. Is it mandatory for me to file return ?

Thanks