Should Partnership Deed Be Enclosed With Return If There Is Any Change In Partnership...

Whether it was necessary to enclose the certified copy of changed deed with the ITR (Please note--- the first return was submitted with the copy...
carry_forward_of_losses

Carry Forward & Adjustment Of Losses In Subsequent Year Simplified!

Section 71B to Section 80 of the Income Tax Act provides in Chapter XXV , the manner in which the unadjusted loss of a...

Who Can Sign Income Tax Return?

Every income tax return is verified by a person who are authorized to sign the tax return under Income Tax Act .Everybody knows that he...

Online Payment Of Tax Without Having A Bank Account Possible Now!

A news you can useConfusion regarding the e-payment of tax has been cleared by CBDT through its circular no 5/2008 dated 14/7/2008 by...

Don’t Attach TDS / TCS Certificate With Return!

A News You Can Use.CBDT has issued a circular to mitigate the problem faced by tax payers while filing return . That the Return...

Am I Liable To File Two Returns?

My husband who was a retired Central Government employee passed away last year. After his death in Nov-07, I have been getting the pension,...

How To File Return If Employer Does Not Issue TDS Certificate?

I had resigned from my company in Feb-2008 on a short notice.They did not receive my resignation and so I put it through...

Why Business or Capital Loss Can Not Be Carried Forward?

I have been called for scrutiny of AY 2006-07 returns by ITO Hyderabad. I had set off ST capital gains (shares)of the previous year...

What Can Be Consequences For Filing Late Return?

What are the penalties for filling late I.T. Return i.e. after 31 Oct. 07 in case of HUF firm with turnover of 4 crores....

Return Filing Date Extended!

The CBDT has extended the due date of filing of return for Asst Yr 2007-08. The extension is effective for electronic filing as well...