iam a salaried employee, and i availed rebate for housing loan and under section 80c. some tax was deducted from salary. I have no other income. Is it compulsory for me to file returns before 31.7.2007 . my friend says i can file uto 31.3.2008 without any penalty as i have no tax dues
RE:income tax return submission: last date
by jainendra kumar on Jul 27, 2007 08:54 PM
Yes, your friend is right. As you do not have any tax dues, you can file by 31.03.2008 without any penalty.
Hi, I am sent by my company in India to its Uk branch for a period of 9 months. I am getting Per diem (Per day) salary in UK for expenses like food, travel and entertainment. I guess my UK company is not paying any tax for me as this money is for my daily expenses. Do I have to pay tax in India if I save some amount from my per day allowance and transfer it online to my account in India. Will the transferred money be taxable in India?
Hi, I am sent by my company in India to its Uk branch for a period of 9 months. I am getting Per diem (Per day) salary in UK for expenses like food, travel and entertainment. I guess my UK company is not paying any tax for me as this money is for my daily expenses. Do I have to pay tax in India if I save some amount from my per day allowance and transfer it online to my account in India. Will the transferred money be taxable in India?
Its neither easy nor fast!! Its all just a part of Bureaucratic system of our country........... THough we are paying the TAX, the bank is recording the transactions, all Financial companies are recording our dealings with our pan why we shuld need to get into this paper work?? Employers are deducting tax, varifying the saving documents.........then why shuld we run after IT department??
RE:HELPLINE fOR SALARIED PEOPLE
by on Jul 31, 2007 09:25 PM
Hi,
I am a salaried employee. I have an apartment which is till date under construction towards which I am paying EMI since June 2005. I am claiming rebate towards the principal amount under section 80C.
Please tell which form should I fill ITR 1 or ITR 2.
I was having two properites (Flats) in my name but I declared only one .This Financial year I sold both the property & purchased one . There was no capital Gains on both the property sold. What do u advise? Should I file the undisclosed property in the prior financial year & pay income tax.
Hi, Sir, Actually i am working as a consultant. Company deduct Professional Tax from my monthly fees. by mistakely there is PAN No. provided by me is mistaken by one alphabet. Company has issued me Form No. 16 A. Could I file for return, without asking from co. to get it corrected. Please guide me.
RE:Wron Pan NO.
by jainendra kumar on Jul 27, 2007 08:25 PM
There is no problem in filing your return, but due to wrong PAN quoted in Form 16A, some problem may arise in getting credit of that TDS. Request your company to get it corrected.
I tried filing returns online through the income tax site. There are loads of errors. My friends also got the errors. Also in case you successfully file your returns online, then you need to sign and submit the ITR-V form, which is generated to the Bandra Kurla office of Income tax department. No other office is accepting the ITR-V form.
RE:I was unable to file my returns online
by jainendra kumar on Jul 27, 2007 08:31 PM
All Income Tax Offices are bound to accept ITR-V vide NOTIFICATION NO.169/2007, DATED 14-5-2007 falling under their jurisdictions.
