Anonymous

Hi,
Sir i fill up ST1 form after that what i need to do for getting my ST2 form tell me please.
here is my some query
1. why i need to submit any documents over the aces website or i need to physicaly submited any documents anywhere.
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naivedya kumar

hi can u make a video on for filing ITR for those who deals in share market please.
Watched all your previous videos.
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Anonymous

Hi.,,
Can NRI invest in mutual funds / shares (for trading) with normal savings account other than NRO/NRE - Investment is less than 2 lakhs / year
If invested through savings account, what can be consequences and how to declare it..?
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Anonymous

I booked a flat whose value according to construction agreement is 48 Lakhs in Oct 2013. Now since the construction is completed and I am going for the registration the government value(registration value) is 54Lakhs. Hence I have paid the builder 48 Lakhs but since the according the government guid...
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Amlan Dutta
Yes indeed he is correct ...you are required as per section 194 IB to deduct 1 % TDS and issue form 16 B to the seller ....in case you don't do , you shall be penalised ...i request you to please see the process in some of my tutorials on Youtube
  • Yesterday, 4:23 pm
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ANIL JARIWALA

i have transfer my home loan from axs bank to Kotak Mahindra bank and paid up before term,...But before I paid up home loan I have topup my loan on same property to close my overdraft facility which OD facility I had taken earlier from ICICI bank to buy business property...My confusion is that ma...
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Amlan Dutta
Depends on whether the loan is for home ...if it is then it can be used else it cannot be used ...give me more details to answer you precisely
  • Yesterday, 9:21 am
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SUDHIRA PRUSTI

If the income is below the exempt income value . In that case what to write in the taxable income cell incase of form 10 E
whole amount or Zero.

No tax upto 2 lakh in that financial year tax slab rate .

My total income was 2.4 lakh 80c deduction was 50 k
.

After 80 c deduction my income was below 2 lakh...
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Amlan Dutta
Taxable income is the income that is subject to tax i.e gross income minus deductions ...so you shall write 1.9 lakhs ....please understand the subject ...though i would answer such basic queries i request that you first please see my youtube videos and get basic concepts clear first
  • Yesterday, 2:44 pm
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wilma omar villaluna

hi sir, i need ITR for my requirements.pls help how to get the ITR..
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Amlan Dutta
You will find the tax returns on the income tax website....However, without knowing what heads of income contribute to the scope of your taxable income , it is difficult for me to guide you further! May you answer further in this same thread as to what constitutes your income so that i can guide you...
  • February 17, 2017
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Anonymous

Hi Team,
I was on dual payroll (India n Netherlands) from my IT company during FY 2015-16. My Form -16 shows the foreign income. I have filled ITR-1, but now received a letter from CPC that I need to pay tax as they have not considered relief under section 90. Can I file ITR 2 now? Will it be conside...
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Amlan Dutta
Not a letter , but you received intimation under section 143(1) ....you can still revise return under 139(5) and fill up ITR 2 .....also better if you meet assessing officer personally and explain the case once
  • Yesterday, 2:45 pm
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Siddharth Pharate

Hi sir,I wrongly filed an ITR. ITR was supposed to be for A.Y 2017-2018. But I filed it for A.Y 2016-2017. The ITR is processed and now I get Tax Demand request from Income Tax to pay Rs 22000. I was a student during A.Y 2016-2017 And no income was earned during this A.Y But I gave details for A.Y 2...
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Amlan Dutta
You can rectify the return checking taxpayer is correcting data as you have inferred ..But high chances of rejection ...it would be better that you immediately meet the assessing officer post rectification request is uploaded so that he can pass rectification order under 154
  • February 17, 2017
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Anonymous

i have rental income of land and MF and Stock and it not exceed more than taxable limit and i want to fill form,now which form i have to fill and as i am right now NRI
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Amlan Dutta
I think rental income is from property on land...if yes , your income heads is from "income from house property" .Also for stocks , it is capital gains ...ITR 2 will allow you to reflect your scope of taxable income.....just one thing , know that if it is stocks then long term capital gains on such...
  • Yesterday, 2:48 pm
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Anonymous

sir, plz. help me to fill balance sheet & p & l account as per itr 4 for ay 2016-17 as i have income from lic agency as rs.476890/- and total expenses are rs.141000/- but i could not know how i fill itr4 in balance sheet and p&l column in itr4.i have income from interest is rs 7600/- one flat of rs....
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Amlan Dutta
This site cannot be used to spoon feed solutions....i advise that you please watch my tutorial on preparation of balance sheet and you will automatically be able to make your own !
  • Yesterday, 2:52 pm
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Anonymous
posted a question "Hi,
Sir i fill up ST1 form after that what i ...."
Anonymous
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naivedya kumar
posted a question "hi can u make a video on for filing ITR for those...."
naivedya kumar
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Anonymous
posted a question "Hi.,,
Can NRI invest in mutual funds / shares...."
Anonymous
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Anonymous
posted a question "I booked a flat whose value according to construct...."
Anonymous
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Amlan Dutta
Yes indeed he is correct ...you are required as per section 194 IB to deduct 1 % TDS and issue form 16 B to the seller ....in case you don't do , you shall be penalised ...i request you to please see the process in some of my tutorials on Youtube
  • Yesterday, 4:23 pm
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Amlan Dutta
posted a question "Test ........."
Amlan Dutta
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Anonymous
posted a question "Hello Sir, I have gone through few of your video o...."
Anonymous
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Amlan Dutta
Yes, you can get it refunded ...NRE interest is exempt and therefore you will show such interest in exempt income heads ....normally you should not be keeping saving account but if you have , then you would be wise to declare them ...and yes , whatever NRO interest you have accrued , show it under i...
  • Yesterday, 2:53 pm
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Anonymous
posted a question "sir, plz. help me to fill balance sheet & p & l ac...."
Anonymous
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Amlan Dutta
This site cannot be used to spoon feed solutions....i advise that you please watch my tutorial on preparation of balance sheet and you will automatically be able to make your own !
  • Yesterday, 2:52 pm
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ROHIT KUMAR NAMA
posted a question "HELLO SIR .....
I HAVE APPLIED FOR PAN CARD O...."
ROHIT KUMAR NAMA
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Amlan Dutta
Not sure of this ...try and establish contact with their help desk to seek resolution
  • Yesterday, 2:50 pm
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Anonymous
posted a question "सर मैंने...."
Anonymous
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Amlan Dutta
This should not be a problem ...be careful in future that such mistakes never happen again!
  • Yesterday, 2:50 pm
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Anonymous
posted a question "i have rental income of land and MF and Stock and ...."
Anonymous
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Amlan Dutta
I think rental income is from property on land...if yes , your income heads is from "income from house property" .Also for stocks , it is capital gains ...ITR 2 will allow you to reflect your scope of taxable income.....just one thing , know that if it is stocks then long term capital gains on such...
  • Yesterday, 2:48 pm
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Anonymous
posted a question "Hi Team,
I was on dual payroll (India n Nethe...."
Anonymous
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Amlan Dutta
Not a letter , but you received intimation under section 143(1) ....you can still revise return under 139(5) and fill up ITR 2 .....also better if you meet assessing officer personally and explain the case once
  • Yesterday, 2:45 pm
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SUDHIRA PRUSTI
posted a question "If the income is below the exempt income value . I...."
SUDHIRA PRUSTI
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Amlan Dutta
Taxable income is the income that is subject to tax i.e gross income minus deductions ...so you shall write 1.9 lakhs ....please understand the subject ...though i would answer such basic queries i request that you first please see my youtube videos and get basic concepts clear first
  • Yesterday, 2:44 pm
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ANIL JARIWALA
posted a question "i have transfer my home loan from axs bank to Kota...."
ANIL JARIWALA
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Amlan Dutta
Depends on whether the loan is for home ...if it is then it can be used else it cannot be used ...give me more details to answer you precisely
  • Yesterday, 9:21 am
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Anonymous
posted a question "Hello, I got an outstanding demand request from IT...."
Anonymous
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Amlan Dutta
You don't need to either rectify or revise , you can relax ....simply go to the assessing officer and give him a copy of the challan receipt for paid taxes!

Understand why you cannot revise or rectify ...in the return there is no place for demand tax ...there is place for simply TDS and advance taxe...
  • February 17, 2017
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Siddharth Pharate
posted a question "Hi sir,I wrongly filed an ITR. ITR was supposed to...."
Siddharth Pharate
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Amlan Dutta
You can rectify the return checking taxpayer is correcting data as you have inferred ..But high chances of rejection ...it would be better that you immediately meet the assessing officer post rectification request is uploaded so that he can pass rectification order under 154
  • February 17, 2017
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wilma omar villaluna
posted a question "hi sir, i need ITR for my requirements.pls help ho...."
wilma omar villaluna
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Amlan Dutta
You will find the tax returns on the income tax website....However, without knowing what heads of income contribute to the scope of your taxable income , it is difficult for me to guide you further! May you answer further in this same thread as to what constitutes your income so that i can guide you...
  • February 17, 2017
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rishu gupta
posted a question "Sir I work in bank and posted in different city fr...."
rishu gupta
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Amlan Dutta
Don't confuse lease and HRA ...both are extremely different things ...what you are getting is HRA and not lease...usually provided to employees for house rent assistance using which you can take quarters on rent ..there is no way one can get HRA and lease both ......

This 10,000 HRA that you get tran...
  • February 17, 2017
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satham
is single
satham
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satham
updated his profile information.
satham
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Vikas Patel
posted a question "Does anyone have Excel sheet for tax calculation f...."
Vikas Patel
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wilma omar villaluna
ok mdam,thank you
  • February 14, 2017
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