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

Dear sir,
I have to buy the 500 memory cards of 4 gb via courier, and the value is 300 dollar, but i have no company in india so can u clear me that for buy this product need import export code or not.
And how much duty i have to pay for same
Waiting for your reply
Thanks

If an full time employee receives some commission of rs 25000 and tds deducted u/s 194 H .
Now can he use ITR-1 or Itr -4 .
please reply .

Why Credit of CST is not allowed as input Credit on goods or capital goods purchased from outside state?

One of my client is proprietor and is running business whose turnover is less than 10 lacs and is having two residential houses. One of the house property is vacant and one is self occupied. So, the annual value of self occupied property is Nil and the other is Annual letting Value or Actual rent receivable during the year which ever is higher.

Now, in books of accounts, any notional income from house property has to be shown in his profit and loss account?