snpathak
14 August 2016 at 10:16
husband has gifted Rs 8 lacs to his wife which is exept.she acquired fdr of the same amount.please tell me interest on fdr will be taxed in the hand of his husband or not.
MOHD AZID
12 August 2016 at 17:46
We are the manufacturer of HDPE Bags. Our manufacturing unit is situated in Haryana. Our branch office for Trading only also situated in Uttar Pradesh. Entry Tax @ 5% is applicable in Uttar Pradesh w.e.f. 03.06.2016 on entry of HDPE Bags in local area. VAT @ 5% is applicable on the sale of HDPE Bags in Uttar Pradesh. We are transferring the stock against Form-F from our Haryana Manufacturing Unit to Uttar Pradesh Trading Branch and the same stock selling in Uttar Pradesh with charging of VAT @ 5%.
How to Compute Entry Tax & VAT in Uttar Pradesh?
PJBSCUFRPR
12 August 2016 at 13:01
R/sir-mam my taxable income is below the limit of Rs.250000/- so I used to submit Form 15G form for HDFC deposits for every financial year. I have never filed ITR before .but for fy 2016-17 I missed to submit Form 15 g in bank and TDS deducted from my account. So please suggest -1) can I get refund the amount deducted without filing ITR and what will be the status of next months TDS if I submit form 15g this month. 2)Deposit certificates are joint with my mother so shall we have to calculate my salary too in taxable income for tax assessment.
Vijay Kumar
11 August 2016 at 13:18
Whether maintenance granted to wife in divorce proceedings is added to income of wife for the purpose of Income Tax calculation?
s shukla shukla
10 August 2016 at 19:10
sir
1.I had filed ITR for AY 2014-15 and it has been learnt that out of TDS claimed of say about Rs 110000/- credit has been provided only to the extent of say about Rs 99000/- consequent upon which the refund claim of say about Rs 16000/- had been assessed at about Rs 7000/- which was further paid to the assessee on.
2. The issue was raised with IT Office vide a registered letter dated 08 Sep 2015. On non receipt of any response from ITO the rectification request was filed on line through IT web portal twice and in reply it was stated that this occurred due to mismatch of data in the web portal and it was advised to contact the tax deductor for correction of data.
3. The assessee approached the tax deductor vide letter dated 28 May 2016 and it has been intimated by the tax deductor that such occurrence has already been rectified and tallied but the balance refund has not yet been paid. The tax deductor has also provided the Copy of Form No 26AS downloaded from traces which was now tallying with form 16 available with the assessee.
4. The tax deductor has advised to take up the issue with GHQ, ITO.
5. Here the issue is that
(a)for getting balance refund the revised ITR was to be filed before march 2016 but the assessee was informed by the tax deductor in the month of May 2016 only,so how can I file revised return before march 2016.
(b)more over for mismatch of data of form 16 and 26 AS, is the assessee responsible for which his balance refund has being eaten up by IT depot.
(c)As per various court ruling it has been said that assessee should not suffer because of fault made by deductor and also the assessing officer should get in touch with TDS circle for any clarification.
Can some one throw a light in the issue.
Sujay
08 August 2016 at 07:44
I have 2 PAN nos. While I have been using only one for all my tax/other purposes since 8-10 years. But there were some IT returns filed under both earlier to that. Now when I applied for re-issue of PAN, IT department has sent a letter asking for justification. The other card was not surrendered as I was not using it anyway.
What can be done now?
Ranenjit Dutta
07 August 2016 at 11:12
I had been granted for my fathers succession certificate under act 39 at west bengal on 2010 against 42000 stamp duty.
Presently I have filed for extension for the certificate as I had missed some to include previous petition. Now court asses the stamp duty again 50000. As i came to know max amount of a succession certificate is 50000 at west bengal , my quarry is should i have to pay 50000 again or just the balance amount of my previous petition that is 8000.
B K Sahai
04 August 2016 at 16:35
I live in a township where there are about 1500 flats. The builder has taken supply from state electricity board at higher voltage and has installed their own sub meters in the flats. Based on consumption they are billing us at tariff of the electricity board and charging service tax on the bill. Is service tax payable in this case.
Raghuram reddy
31 July 2016 at 13:21
Sir my mother is a family pensioner and due to department delays her pension was sanctioned very late which is suppose to be sanctioned in the year 2011 but it was sanctioned in 2016 due to this my mother had got an pension arrears in this financial year from Feb 2011 to may 2016 ( 11lac ) and after deducting the tax she got only 9.5 lac approximately
If the arrears are paid in times mother does not come under tax slabs ( we are in loss due to department delay)
Kindly let me know if can class a refund under any section of the income tax or under which section I can approach court of law
Kindly help how to go about this in order to get the money back which are paid as an income tax
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What is the Turn Over limit for Registration under GST Act?
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