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amit raghuwanshi

Category : Income t..,
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July 11, 2016 8:28 pm
  • Income tax
i have received salary income tax sex 192j ( technical and professional services) and tds deducted but my income not more the 250000 .What can I do so that so TDS happens on my income?
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Amlan Dutta
See if it is professional receipts , then there will be 10 % TDS under section 194 J even if income is below threshold levels ... in such a case , simply file return and claim refund of deducted TDS...see my tutorial on how it is done
And if the same is for salary , then there should be no TDS done...
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  • July 11, 2016
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Jai Bhide

Category : Income t..,
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July 11, 2016 3:34 pm
  • Income tax
Hi Amlan,

Thank you for your guidance and tutorials.

In 2015, I filed in my first ITR all by myself. But I committed a mistake.

In August 2015, I filed in the ITR1 form for year 2015-16 instead of 2014-15.

Now, I attempted again to file in the ITR1 form for year 2015-16. But I get the following ...
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Amlan Dutta
1.) You can file for FY 2015 16 ...if you filed already selecting assessment year 2016 17 , file revised return under 139(5)

2.) For FY 2014 15 , the last date is 31/03/2017
You can file belated return under section 139(4).
Though department doesn't levy usually , the assessing officer can imply a ma...
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  • July 11, 2016
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Harry

Category : Income t..,
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July 11, 2016 1:38 pm
  • Income tax
Dear Amlan,

Do we need to show the interest earned on savings accounts under income from other sources i.e.. if a person has 2 accounts one is salary account and other one is normal savings account. Then do we need to show the interest earned during the financial year in ITR1 under income from other ...
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Amlan Dutta
All interest in savings account has to be added and shown in income from other sources .It was always there and has not been introduced this year
But , there is a saving deduction benefit under 80 TTA for lesser of 10,000 rs or saving interest
Thereby in effect , if one has saving interest under 10,0...
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  • July 11, 2016
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Prerna

Category : Income t..,
Solved
July 11, 2016 10:29 am
  • Income tax
Hi, I have a query, I have downloaded and filled the ITR2 for my mom who is retired and has income from FD/Dividends etc (basically other) that does not exceed the 3 lakhs allowed for senior citizens. Does the file take into account the age and calculate this limit on its own or one needs to show th...
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Amlan Dutta
It takes into account everything and does the computation by itself ...just be careful to fill the date of birth and resident status properly in the Personal details ...it is from that the return utility understands that the assesse is a senior resident individual and gives the threshold benefit ap...
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  • July 11, 2016
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