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RAJU M

Category : Intimati..,
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February 16, 2019 11:30 pm
  • Intimation Notice under 143(1)a
Sir i recieved notice from income tax dept 143 (1). How to treat this sir
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Amlan Dutta
143(1) is intimation assessment and not notice ..usually department serves notices under section 143(2) and 142(1) ...i have a video on how to study and understand the 143(1) intimation assessment ...it is basically department's take ( preliminary initial assessment )on the filed return by agreeing...
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  • February 16, 2019
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Avin Rai

Category : Revised ..,
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February 16, 2019 4:10 pm
  • Revised Return U/s 139(5)
Sir, can I file a revised return for 2018-19 after I received intimation 143(1) for AY 2018-19. I missed adding income from other sources and loan deductions.
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Avin Rai
Still, it is showing "ITR-V received". But I received 143(1) in my mail. So, I think I can revise. Am I right sir?
Still, it is showing "ITR-V received". But I received 143(1) in my mail. So, I think I can revise. Am I right sir?
  • February 16, 2019
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Amlan Dutta
yes, it means simply that the acknowledgement has been received
  • February 17, 2019
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Kirti Menkudle

Category : TDS ON N..,
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February 15, 2019 5:34 pm
  • TDS ON NRI PURCHASE
Hi Sir,
We are planning to buy a house property worth 1.03 Cr agreement value in the joint name and joint home loan of myself and my husband. The property is also in the joint name of husband and wife and they have an Indian Pan card. However, their status is NRI. As per the rule banks says upto 23....
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Amlan Dutta
1. What things / documents should we ask from him for his investment in bonds. (Worried coz buyers are liable to pay TDS & dont want any income tax notice for not giving TDS)

Why should you even want to know whether he will get capital gain exemption or not
This has no bearing on deduction of TDS
S...
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  • February 15, 2019
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Kirti Menkudle
Thanks a lot Sir for your elaborate answer to each and every query.
Appreciate your time and effort to help people like me who are not aware of many facts.
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  • February 15, 2019
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Mahesh S

Category : How to c..,
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February 15, 2019 12:38 am
  • How to compute income from house property
Sir, I have a single House property which is let out(Rent 10500 p.a.,) and also a Home loan(Interest paid this year Rs. 2,78,000). But I stay in a rented house at a different place. Income from salary is 607950. Whether I have to include the rental income as Income from House property ? Can deductio...
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Amlan Dutta
Yes, you will show rent income under income from house property and surely, you can claim deduction benefit of home loan interest to the extent of 2 lakh rupees ......the computation itself for income from house property for let out house besides 30 % net annual value takes take into account inte...
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  • February 15, 2019
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