I have received a notice from department stating that there is defect in the ITR filed for AY18-19. I had filed ITR-3 for lic agent having some agricultural income .I had filed the return with sale of goods, agricultural income and some petty expenses with TDS ( tax refundable). Error Description - Taxpayer having income under the head “Profits and gains of Business or Profession” but has not filled Balance Sheet and Profit and Loss Account as required in explanation (f) under section 139(9) read with section 44AA. Probable Solution - The Part B of the Profit and loss account and Part B of the Balance Sheet (i.e No Account Case Section) should be entered in the corrected return without which the return filed earlier is liable to be treated as invalid. Please let me know what correction I need to do?

Mr X is proprietor and Paid salary for the FY 2018-19 to Mr R Rs.324000.00 (27000 X 12) and Mr R having no investment.

My question is
1. Should I have to deduct the tds and file return.

Please reply.

if company deduct tds on salary from last month only because information of employee investment is not available with company till salary of Feb month , whether company would be liable to pay interest on non deduction of tds from salary ?
please reply it's urgent.
IF Possible please mention circulars or para of section
Thanks in advance

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Does consolidated balance sheet is required...?

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On of the assessee's death occurred on 15.02.2019 whose tds has already been deducted from 1.4.2018 to 15.02.2019

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One of my client Have Educational Institute(Degree College) and Applied PAN Under A.O.P. Now i want to file income tax return for f.y.2017-18. Which Form applicable to him ITR 5 or ITR 7?. He do not have any 12A/12AA, 80G,10 registrations. Total Turn over Rs.89lakhs(approx)

Hi,
Please clarify me on TDS to be deducted on transactions of 194C for the following case:
1.First transaction with a value of INR 19,000 dated 1.4.2018
2.Second transaction with a value of INR 50,000 dated 1.6.2018
Query:
Do we need to deduct TDS on both bills?