Dear Sir,
My query is that I have filed ITR of my uncle for A.Y. 2011-12 & 2012-13, but not for A.Y. 2010-11, now my uncle has got notice from Income Tax that he has to give reasons for not filing ITR for A.Y. 2010-11.
As my uncle is deriving his income only from salary and in A.Y. 2010-11 his FORM 16 showed that the Tax to be paid is NIL.
Thus I want to know what should he write in his reply for not filing of ITR.
Dear All,
Can anyone tell me the proposed changes in section 50c in case of stamp duty valuation?
whether purchaser ( transferee) is liable to pay tax on difference amount??
Pls it is very urgent
Is Prepayment of Housing Loan allowed as deduction under income tax act?
what is the rate for excise duty on fly ash generated from thermal power plant in gujarat?
I am using Adobe Reader 9.5 for filling up the ROC Forms. While using the prefill Form 23AC and 23ACA, the cells that are supposed to be filled are not getting autofilled. The problem is appearing from today. I have proper internet connection as well. What might be the reason for such a problem?
how do we do entry for the cheque which was issue in one finacial year and cleared in next finacial year .
like a telephone bill amount rs 2500 amount cheque issued on 28.3.2013. but the amount cleared from bank on 2.4.2013. what is entry of this expenses? plz advice
I have purchased goods of Rs500000/ from a party on credit after paying Vat @4% on 25-8-2012. On 25-9-2012 I have sold goods of RS550000/ to same party incloding Vat of 4%. Since I HAVE TO MAKE PAYMENT TO THE PARTY CAN I ADUST THE PAYMENT WITH PAYMENT I WILL RECEIVE. HOW I HAVE TO MAKE THE ENTRY. Please help me immediately.
My query is if employee joining in mid of the year and has disclosed his income and tds details to current employer in prescribe forms what shall be etds return implications of previous employment income & TDS. As there will be tds payable in current employers tax calculation by taking into account previous employment tds in computation.
We are manufacturer of Glasses, a lot of waste or scrap should be made during this work, TCS will be applicable or not?
Anybody help please?
HUF has a unsecured loan and HUF give interest on unsecured loan only yearly(31st march every year).HUF accounts get audited u/s 44AB.
Then How this HUF file TDS Return.Q1,Q2,and Q3 interest is zero,then is this essential to file a nil return?or it will submit return in form 26Q in 4th Quarter only?
Regarding intimation