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Queries Participated

mukul bansal   15 June 2017 at 15:01

Help regarding tds filing using challan 281

Hi All

I am a grain merchant. I file TDS online on a monthly basis.

I recently realized that I have been submitting my TDS under the wrong MAJOR head (0020-Company Deductees instead of 0021-Non Company Deductees). But the funny thing is that I never received a notice from the Income Tax Department about the same.

What should I do about it? Or I should just leave the matter and start filing my TDS under the correct MAJOR head from now on?

Thanks in advance.

Khushal Singh Rawat   27 October 2014 at 07:57

Extra tds amount shown in 26as

In 26AS of my client shown extra TDS amount which is not related to my client. He informed his deductor about this. but his deductor no rectify till date. Now how is possible ITR return in this condition.

Tarun Aggarwal   29 April 2013 at 16:47

Tds return wrongly filled through e filling

I have wrongly deposited my TDS through internet banking ,stating the assessment year 2012-13 which was to be 2013-14 and also stating the nature of payment as 94B INSTEAD of 94A. Kindly suggest me how to get my cyber receipt corrected,so that i can file my return. I am deductor not the assesee.

Asha   24 September 2012 at 19:25

Tds

Plzz hepl regarding this prob. When i imported 26AS of a client it gave the amount credited under section 194C near about 18 lacs but no TDS.Is it possible that No TDs is deducted on any payment credited or its the fault???

Member (Account Deleted)   18 August 2012 at 10:08

Capital gains tax

A Lady sold her main residence in 2009 for Rs. 4,00,000/- and during the same year invested Rs. 12,00,000/- for purchasing a new flat which is still under construction.
The lady is a house wife.
Whether she will be liable to pay any Capital Gains Tax and if so how much?
Whether basic exemption and other reliefs available in the income tax act are considered while calculating Capital Gains Tax?

Ganesh Chowdhury   30 January 2012 at 18:57

It refund of a deceased

Well, IT refunds in the name of my father, who is deceased, for AY 2009-10 and 2011-12 are pending with IT authorities. Now, as asked by the ITO, I submitted an affidavit and an indemnity bond but even after that he didnt processed the refund and now he is asking to bring succession certificate. So, I want to know that when there is no dispute between legal heirs and when we have given our consent in the form of an indemnity bond that the refund can be processed in the name of my mother, is it required to bring a succession certificate to prove that my mother is a legal representative? Please advice.

YOGESH NARANG   03 January 2012 at 20:57

Case law

sir i want a case regarding sec. 144 & 271(1)(c)
if any one have please give me the citation of the case

thanks

ishita   03 January 2012 at 13:22

Tds deduction from salary

Hi,

As per my knowledge for TDS deduction from Salary there is some Slab for this If an employee salary is less than that amount than emplyer cannot deduct the TDS.But in my company my Salary is 12K per month and as per my knowledge for female employee it not comes in the range of TDS deduction after that my company is deducting my TDS. I have joined here on Contact of two years, is that "contract" term affects on TDS? And I also want to know that deduction of TDS from my Salary is right as per law?

Waiting for your valuable reply.

Thanks & Regards,
Ishita

RAJESH CHOUDHARY   30 December 2011 at 17:22

Comp acquisition of land

Respected experts,

Here is one query my client has asked me...i want ur help....He got the compensation on sale of his land after abt. 5years from its sale..So he recd. the sale amount and interest on it also..how the interest will be taxable? and the capital gain will be taxable in the year of sale or in the year of compensation recd?..its not a compulsory acquisition.....
Please reply me as soon as u can.
thanks in advance...

Anonymous   30 December 2011 at 13:23

Advice

I have taken VRS from an insurance co. in Jan.2011. Form 16 for the year 2010-2011 which the company has given to me is wrong & the official of the company is not giving any attention to my requests to rectify the form 16.

Please advice me can it possible for me to submit the return by rectifying the form 16 at my end.