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Sukumar Kotyan
I have resigned my job and received my Pf amount with Less 10% TDS deduction.How to get that 10% deduct money? at present am not working anywere and also i don have form 16 to claim income tax
File your return ITR with gross income and eligible deductions under Chapter VIA, in tax payable deduct TDS already deducted
CA Amit S 29 Aug 2018File your return ITR with gross income and eligible deductions under Chapter VIA, in tax payable deduct TDS already deducted
T&C applyS
Sridharan Karthikeyan Karthikeyan
Buying a resale property in Chennai for a sale consideration of Rs.4850000. Opted for a Home loan through HDFC bank, During Initial process Bank had confirmed me that I am eligible for a loan amount of Rs.3880000, So with this confirmation, I paid Rs.500000 towards the advance for this property and remaining through HDFC loan. Finally, Bank had sanctioned Rs.4500000 which includes Improvement loan, Since the sale consideration is only Rs.4850000 and I paid advance Rs.500000 + 4500000 (Through bank) so total works out to Rs.5000000. Now my query is Can I get back the excess advance paid to my vendor if in case I get this how should I show this in the sale agreement made on 17th July 2018 showing already Rs.5 lakhs in that and in Sale deed which I need to draft now. I tried to reduce the loan amount opted for but I couldn't do that. Now suggest me how to go about it as I need to pay only Rs.3.5 lakhs instead of Rs.5 lakhs the difference of Rs.1.5 lakhs how to adjust in sale deed and in the sale agreement. Kindly help me with your expert commands. Thanks.
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Sunil
Dear Team,
My wife have received IT compliance for non filing of IT returns on Mar'2018 ( NMS - FY2016-17), referring 26AS for FD interests - 19 lacs FD value.
After a discussion with a buddy CA, we have listed the possible options to fill in compliance portal against the verification id. Please verify the planned response and correct, if required.
Part A. 9.8 lacs, bought as cash from her dad/mom for those 7 yrs of married life ( 2009 to 2016 ) for household expenses. The expenses amount was compensated by her hubby, by transferring amount to her on various dates 2015-2016, which she used to start FD of 9 lacs on Apr'16.
Part B. She sold her excess 40 sovereign jewels to hubby for 10.10 lacs, which is paid to her in various dates in 2015-2016. The amount received was invested as FD for 10 lacs on Mar'16
Can you people, verify these and update me right proceedings.
Thanks
Sunil - 9840708366
You may have to book a paid service with Finaco to get an answer
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Bhanu Bisht
Hello. I had received arrears for 2013 and 2014 in 2015 and I've also filled 10e and filled itr for the same in 2016. Can I file a correction for the same Now?
Due dates for revised returns for FY 2015-16, the deadline is March 31, 2018, and for FY 2016-17, it is March 31, 2019
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Ashish Bansal
Sir,
I want to ask about my calculations of long term capital Gain tax...
I purchased a house on 15 /12/1996 of Rs. 1,30,000. Afterthat, I made a construction of Rs. 50000 in 2003-2004 financial year. Afterthat, once again i made a construction of Rs. 3,72,508 In 2016-2017 financial year. Then again I finished as painting of my house of Rs. 64,295 in 2017-2018 financial year. Then I registered the house in my favour In 2015-16 F.Y. costs Rs. 56,120. Now, I sold my this registered property Of Rs. 10,43,800 on 04/04/2018.. Now please tell me the complete calculation of This long term capital Gain.. and it's tax, which I have to be paid in Next year ITR filling... thankyou so much in Advance . Please solve this issue ASAP .

