I did some miscalculation and submitted Self Assessment Tax using Challan 280 online. Now I realize I have to pay Rs 500 more as tax for the same assessment year.
Can I submit another Challan 280 for the additional tax of Rs 500?
Or is there any other way to do it? ..suggestions welcome
Thanks a lot.
do I need to involve wife and childern of a owner of a self acquired property in the absolute sale deed or any other way in property transaction, to purchase of such property, the property is a site allotted to him by BDA
House property was purchased by me out of my money but conveyance deed was got executed in both names. Wife is a PAN card holder and files independent IT returns.Presently, I am showing rental income completely in my name and paying 30% tax on it.
1/3 of the property is rented and am receiving a rent of 96 thousand per annum, 2/3 property bis under self occupation and the interest paid isx 2,12,000 per annum
In one case, self assessment tax was paid and ITR-1 form filled up and submitted electronically on 31st July, 2012. Later it was realized that some amount was forgotten while calculating income tax and extra self assessment tax is yet to be paid. Can this be done now? In this case, if the dept accepts the revised return. should the person send two ITR-V forms (the first one, though incorrect, should carry signature to validate the submission and the final one also for the same reason)? Thanks for suggestions.
One of the income tax consultatants has advised me that the loss from house property can not be set off against the income from salaries if it is rented out. He says this provison has been with drawn in 2007 – 08. He says if the property is rented out, the loss arising out of it can be set off only against income from other sources if any & not against income from salaries as i will be claiming HRA exemption for the house i have taken on rent for my stay.
My flat is in Kanpur, purchased in 1999, right now i am looking for a second property, to claim income tax rebate 9interest component) for the second house also, i need to show rental value of one house in my income( despite being self occupied). there fore i am looking for the answer where can i find the official value of rental assessment of house.
My mother has given my self signed cheque which is signed on both sides of the cheque..can i go and encash the cheque from bank..isn’t it necessary for the account holder to go themselve to withdraw a self signed cheque?
Hello I am a Self Employed Professional. I receive payment in my saving account. Do I need to open a current account for the same.
My self Mariswamy gowda,
I want to know the present rate of NAV of LIC Money Plus