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M S Banerjee

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3 hours ago Unsolved
MONTHLY DIVIDEND OF HDFC BALANCED ADVANTAGE FUND IS TAXABLE FOR AN INDIVIDUAL FOR F.Y.2018-19?
THANKS IN ADVANCE
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Anonymous

General...
3 hours ago Unsolved
SAGAR S BADNERKAR

Hi Amlan,
I am a salaried person also I am an active trader in future & option. through internet i come to know that while filing return we need to go for audit from CA. although my turnover is below 1 crore and i didnt turned up with profit also. what I should do?
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Amlan Dutta
Futures and options is considered as normal business ( not speculative) income...the trader is required to maintain normal books of account under section 44AA
If the annual turnover is more than 1 Cr or the trader declares profit less than 8 % of the turnover , only then audit is required

Here turnov...
  • June 16, 2016
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Aman Arora

General...
i want to take vat no ,,and want to give 2 fds,,,for taking vat no worth Rs 50000 each ,,,so,ples tell me in whose name these fd will be made wheather in favour of excise department or assessee own name it is made?????
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Amlan Dutta
Question is unclear ....where does excise come in between .....vat is related to sales registration .....can you please elaborate the question in much more detail please so that i can understand better ..
  • June 15, 2016
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Rishabh Sidana

Sir can you send me link of ITR 4 Tutorial.
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Amlan Dutta
It is all there on YouTube .....just search for the same using YouTube search. ...
  • June 15, 2016
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Ajit S. G.

Hello Amlan.

I understand that if a husband gifts some amount to his wife and she invests the amount as FD in her name, the interest earned is supposed to be included by the husband as his own income while filing his return while the wife need NOT declare the same. But the bank will do TDS and issue ...
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Amlan Dutta
Wife will show nil income and claim TDS credit and seek refund. Husband will show income and will be responsible for paying taxes . He won't be able to claim tax credit but anyways in a way he is getting back the TDS in a way when the wife gets back the refunded TDS . In scrutiny assessment if the a...
  • June 14, 2016
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Dhiraj Punj

I got below intimation from TDS CPC

" Defaults have been identified in the Regular statement filed by you for Acknowledgement Number AC144756 and processed by ITD u/s 200A. "

Can you be kind enough to guide me:
- how can I do this payment offline at my bank and
- what is the process( names/numbers of ...
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Amlan Dutta
From what you say it appears that you want to make TDS payment ...if such is the case then use challan 281 to make the demand payment.
The bank will give you a challan receipt for the proof of such payment .
From what you say it appears that you want to make TDS payment ...if such is the case then use challan 281 to make the demand payment.<br />The bank will give you a challan receipt for the proof of such payment .
  • June 14, 2016
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Ajay Patidar

sir..... how to prepare & fill up M.P VAT RETURN FORM 10 ? please guide us through video in hindi
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Amlan Dutta
I don't guide on procedural issues and form filling .
  • June 14, 2016
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Ajay Patidar
ok
  • June 14, 2016
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Radheshyam Shah

Sir, I want to file ITR for my income from salary and want to claim tax refund.How can do this?
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Amlan Dutta
First fill up your income details from salary and savings in the tax return ...the return will itself compute the tax on total income as per slabs

Next claim the salary deducted TDS in the TDS details sheet.....
Check whether the TDS deducted is more than the tax liability as per slabs
If more TDS...
  • June 13, 2016
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Rajendran kanniyakumari

sir,
my friends a govt. employee who has already registered his name in efiling,
but now don't know about the password of efiling website,
or secret questions or the given mob number or email.
now he wants to efiling to return, he never before efiled ,
have any options to open his lost password s...
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Amlan Dutta
Ask him to log using internet banking or retrace password using forget password options ...please don't ask me procedural based questions
  • June 13, 2016
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Radheshyam Shah

Sir, I have a DSC registered in my name R.Shah,Now can I file and upload ITR return of a Firm M/S P.Sore and an individual H.Mahanta using my DSC?
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Amlan Dutta
Return can be filed (signed ) only as per procedures ...individual can only file his/her own return

So , you can only file your own return using your DSC and not even that of other individuals
For artificial persons , nominated people ( individual) holding organisation /firm Valid DSC can file th...
  • June 10, 2016
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Radheshyam Shah
Thank you sir
  • June 10, 2016
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Radheshyam Shah

Sir, I get a fixed pay of Rs.15500 p.m and the employer deducts a professional tax of Rs.180 p.m and the net pay I get is Rs.15320 p.m. Now can I claim the professional tax deducted from my gross salary and file my ITR?
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Radheshyam Shah
Thanks u sir
  • June 10, 2016
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Radheshyam Shah
For this do I need Form 16 from the deductor or will it do without Form 16?
  • June 10, 2016
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