Can a director be reappointed in the same company, which was defaulted in payment of debenture interest for consecutive two years?

if a person getting total pension = 116408 + 29754(disability) + 58463( arrear- it is from june 2009 to oct 2012).


so in the above case-

1) is defence pension revision arrears exempted. if yes then how to calculated. and under which column it should be file in ITR.

2) if disability pension is exempted then in which column amt should be filled. and is disability pension will added in total income from pension then it will be deducted?


3) amt 58463 full revised arrear is exepmted or we hv to calculated F.Y 12- 13 arrear and then addup in basic pension.


4) he is also earning salary income 282000 p.a from two year and pension

so how to calculate tax ?
plz help

Respected Members,

Hi,

1. agricultural land sale value 5 crore
2. sale date 23/03/2013
3. amount received from purchaser till 31/07/2013 Rs. 3 crore.
4. Amount of investment in capital gain account saving scheme is 2.5 crore.

whether i am liable to pay capital gain tax on the receivable 2 crore amount.

I bought an option contract at Rs 25000/- & Sold same at Rs 20000/- Thus incuring Loss of Rs 5000/-.

What will be considered as Turnover for Income Tax purpose Rs 25000/- or Rs 45000/-(25000+20000) or Net Difference Rs 5000/-

Also should i show Rs 25000/- sales & Rs 20000/- as purchase in ITR4

Please help

An Individual has a personal asset say motorcycle, and he earns income from teaching students.Should he show asset and depreciation amount in ITR 4?

Dear Sir,
There is an assessee who works in merchant navy and they are deducting 10% on his payment u/s 194J. His total payment in fy 2012-12 is Rs. 202000/- and besides this he has no other sources of income. Deductor has issued him form 16A for all four quarters.

In this case assessee is not claiming any kind of expences and he will show the whole payment as his income.

While filing itr4, whether the option of no account case can be opted, as assessee is not claiming any kind of expences and he has work with a single concern.

Please advise me.

A private limited company being dealer of certain excisable goods failed to file Quarterly Dealer Return by 15th Of July for April-June 2013 Quarter. It filed the return on 25th July instead.

How much penalty will be attracted to the dealer and what is the process of payment of delay penalty in excise for a Dealer?

Hello Sir,

While going to file e- return, after giving details under "Personal" and "Income Details" tab, when I switched to TDS tab it is showing me less amount than what was deducted from my salary as per Form16. Also in the Income Details tab, it is showing me the interest amount payable under section 234B and 234C.

But if I specify the correct deducted amount(as per Form 16) under TDS tab, then the interest under section 234B and 234C becomes zero.

So can i make changes in TDS tab with the correct tax paid as per Form 16.

Please check and let me know if i need to pay any tax before filing.


With Regards,

Tarun Sharma
PAN - BITPS9346H

pranam sir,

an individual is a dealer of idea mobile recharge. he only sell recharge coupons of idea. total recharge done by him for the year is more than Rs.10,00,000(including the commision received by him from idea).

service tax payable on this sale is paid by idea itself.now i want to ask that does this dealer has to get himself registered under service tax and if the answer is yes,then how will he file his return???

thanks in advance please reply urgently

sir

In period 01.04.12 to 31.03.13 i have received below interest amount

bank int RS 2000/-
Bank FD Int RS 3000/-
Bank RS Int RS 1500/-
Int on IT Refund RS 947/-

Kindly advise how much amount i can claim u/s 80tta

Regards
Piyush