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Hi Sir/Madam Me and my brother sold a property in April last year(2014). Now I have heard that one must declare in the IT return this year. I have been looking to buy a property...

In which colum to fill persumptive taxation for partnership firm. How to fill partner remuneration and interest. AY 2015-16

Hi, would like to know if it is necessary to show the share trading income as business income and preparing balance sheet and P&L while filing returns from A.Y 15-16 My dad is a...

Query 1: can proceeds from sale of converted land be re-invested in multiple lands (or does it have to re-invested in only 1 land or house)? Query 2: if the registration (sale)...

Query 1: can proceeds from sale of converted land be re-invested in multiple lands (or does it have to re-invested in only 1 land or house)? Query 2: if the registration (sale)...

Hi, I have paid self assesment tax in wrong category for last year 2013-14.I should have filled Chalan no 280 but chosen 282 instead. Now IT has raised a demand and when i filed...

my father invested the fixed deposit for past 20 years (slowly he invest now the total amount is 30 lakhs) this year only TDS shown in IT department website. please let me know...

I got a notice dated 16/08/2015 with subject "Non filing of Income return - Reg" for A.Y. 2013-14 for non filing of return. In FY 2012-13 I sold a property for 16,00,000/- but...

I have been into service since 2005. Since 2010 have been in the taxable income slab and TDS has been continously deducted from my salary since 2010. I have never filled ITR.i...

Sir, I made term deposit in wife name with money earned with combined efforts (70:30 ratio) and submitted form 15G and forgot to include interest of it in my IT return submitted...

Hi, I work in a software company. They have given me form 16. I also earn from tutions. Can i show that tution income while filing income tax. If yes, in which section??

Hello sir, if I deposit in the bank Rs. 50000 exactly from my savings, and I have no other source of income as I am a student, do I need to file any income tax form? As my PAN...

Mr. X had professional income of 7L in FY14-15 but has not maintained books of accounts for that year. In last FY 12-13 & 13-14 he filed ITR 4s for his another business income...

Should I charge service tax?

Hi, I have paid self assesment tax in wrong category for last year 2013-14.I should have filled Chalan no 280 but chosen 282 instead. Now IT has raised a demand and when i filed...

I got a notice dated 16/08/2015 with subject "Non filing of Income return - Reg" for A.Y. 2013-14 for non filing of return. In FY 2012-13 I sold a property for 16,00,000/- but...

Hi Sir/Madam Me and my brother sold a property in April last year(2014). Now I have heard that one must declare in the IT return this year. I have been looking to buy a property...

I ‘m an NRI.I will be receiving the money from my parents. My parents will be receiving the Land compensation from High court on behalf of Govt of Tamilnadu.The land category is...