Download ITR- 3 E-Filing / Online Utility for AY 2013-14 / FY 2012-13

Download ITR- 3 E-Filing / Online Utility for AY 2013-14 / FY 2012-13 Posted: 03 Jun 2013 08:30 PM PDT Income tax Department has released e-Filing Utility for ITR-  3 for A.Y.  2013-14 / F. Y. 2012-13. To Whom it is Applicable ITR 3 for AY 2013-14  is to be used by an individual or an Hindu Undivided Family who is a partner in a firm and where income chargeable to income-tax under the head [...] Provisions related to TDS on Immovable Properties U/s. 194-IA Posted: 03 Jun 2013 08:28 PM PDT Provisions Related to TDS Payment and Furnishing of TDS Certificate 1. Any sum deducted under section 194-IA shall be paid to the credit of the Central Government within a period of seven days from the end of the month in which the deduction is made. 2. TDS payment U/s. 194-IA  shall be accompanied... TDS U/s. 194IA on Immovable Property to be paid by Form 26QB; TDS certificate in Form 16B Posted: 03 Jun 2013 06:35 PM PDT Notwithstanding anything contained in sub-rule (1) or sub-rule (2), any sum deducted under section 194-IA shall be paid to the credit of the Central Government within a period of seven days from the end of the month in which the deduction is made and shall be accompanied by a challan-cum-statement... TDS/TCS Rates Chart for AY 2014-15 Posted: 03 Jun 2013 09:14 AM PDT CA Pardeep Kumar In the Chart given below Author has compiled the TDS / TCS  rates as applicable for Assessment year (AY) 2014-15 or Financial Year (FY) 2013-14.  In this Year Government has made TDS applicable on Compensation / Consideration on transfer of certain immovable property other than... Mere information regarding income escapement can be considered valid for the purpose of sec. 147 Posted: 02 Jun 2013 11:46 PM PDT Whether failure on part of AO for examining truly and fully all the material facts by the assessee could lead to reassessment and also mere information regarding income escapement can be considered valid for the purpose of sec. 147? Held No, in this case, the AO issued notice u/s 148 on the basis... No penalty U/s. S. 271(1)(c) for disallowance U/s. 40(a)(i) if TDS deducted next year Posted: 02 Jun 2013 10:58 PM PDT Merely because a claim (per the return of income) is a legal claim, or has a legal aspect to it – which would be in each case – the same by itself cannot be a cause for non levy of penalty in every case, as where there is no valid basis for the same (i.e., [...]