Now the deductee has to file a revised return for claiming the TDS. What will be the position of Deductee, in case he/she made a belated return, due to which revised return filing is not allowed. To avoid all these difficulties, I humbly suggest you the following procedures towards TDS: The Cheque System in the Banking should have multiple rows as follows: Total Amount...................... Rs. Payee's Name (PAN...........) Rs. TDS .. % .......

80 c contributions to be increased to rs. 500000/- and only 50% should qualify for tax benefit i.e. RS. 250000/-{2}, TDS on bank term deposit interest to be abolished. {3}, Service Tax recently introduced on Postal Life Insurance premiums to be abolished.

Also the deductors sometimes pay the tax after a long time and give Form 16/16A to the Deductees, who would have filed the returns before that time, without knowing the TDS details. For example a deductor has paid the rent for the financial year 2007-08 in full. But deducted the tax for that year from the current rent of financial year 2008-09 and paid during March, 2009, by giving Form 16/16A for AY 2008-09. The deductee already filed the returns for AY 2008-09. Now the deductee has to f

I am C.SIVA KUMAR, a practising Chartered Accountant. I would like to give some suggestions with regard to collection of Income-tax Deducted at Source. At present the person who pays the amount to the payee deducts the tax and pay only the balance. But after deduction, many of the Deductors do any of the following: 1. They do not pay the tax 2. They delay the payment of tax for a long time by using the Govt.'s money in their business. 3. They do not file proper quarterly returns.

1. Increase 80 C upto Rs.200000/-. 2.Under 80 C add home building insurance. 3.LTA exemption allow every year to boost "Paryatan". 4. After post graduation or PHD, allow ladies tax exemption if she work some ware in some instalment of her fees paid during post graduation.5. Limit to be increase upto Rs 20000 for health insurance 6. Allow concession on some development expencess in industry 7. P.H.D. " Prabandha "copy to be send to state level & center government for develpment

Make an arrangement for investment minimum amount yearly for every Garib who earn 32 Rs in his benefited area. eg.( Garib wants house so he can invest a Rs 1000 in realty venture where all the part of blockages like government requirements for this project handle by transpearntly( if you do not understand kindly contact me please).

1.Bank A/C for all Women in 2015.2.Hefty fine for drink&drive, Trafic violation,smoking-10k.3.Free education for Meritorious poor people from any caste till P.G.4.Privatization of govt co’s under loss from past 10years 5.Co’s,sports persons,Film stars,Swamiji’s should adopt 1 village every year 6.Each state should clean 2 rivers a year 7.Start Education&training Institute for Politicians 8.Highest encouragement for Sports&Games 9.Single card for PAN,Adhar,DL,Voter ID,Passport.10.Milk revolution

To achieve Digital ,Safe & swach Bharat -I think Energy consumption should be countable. If Govt. implement while taking any fuel , Vehicle's Digital RC should swap on machine , through that stolen cases, police station burden, pollution can reduce and Security, jobs, and TAX collection will be increase. people using 4 wheelers but not paying income tax . swap tech. data will generate consumption record and reliable drivers cum on roads with their own vehicle's and rape case will reduce

Dear Sir. I am Prabhu From Bangalore. I would like suggest for Agriculture industry budget inputs and I have very good PLAN and WORK for Agriculture Segments as I am handling 20 acres land in my native BANAVASI, tq. SIRSI. Basically I am from Agriculture family background, but since last 20 years I am into IT business in Bangalore. But my blood is Agriculture and I want to work and dedicate my life for the same. I love to share my vision to "FUTURE of AGRI segment". contact prabhu@omcad.com

sir the govt. Must make a single tax like gst. Govt. Should decrease the amount of tax percentage Like 2% instead of 20% It will increase the tax collection. The tax should be imposed on banking transaction.