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Tushar Radhesham Kandalka

Category : Tax Comp.., How to f.., Income t..,
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July 23, 2019 11:39 am
  • Tax Computation
  • How to fill ITR
  • Income tax
Sir,
I was working with a private company in year 2014 to 2017,
during this period following amount was credited in my EPF

Employee Contribution :50,968 +4699(Interest)=55,667
Employer Contribution :15583 +1436(Interest)=17019
Pension Contribution : 18010

In April 2018 I applied for Withdrawal for both ...
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Tushar Radhesham Kandalka
I am salaried person.

This is what I am doing in my ITR 1

I have summed following amount(Total : 82228) in Salary amount which I received from current employer
1. RS 48,635 in my Salary which I had taken benefit in 80C for earlier years
2. Employer Contribution of RS 15,583 and
3. Pension Contri...
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  • July 24, 2019
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Tushar Radhesham Kandalka
Alam Sir,Shall I fill ITR2 in this case?
  • July 27, 2019
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SAIKAT DAS

Category : 80 C Ded..,
Solved
July 23, 2019 10:17 am
  • 80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc
If I pay my lic policy premium from my bank account, where I am nonfiler, can my mother claim 80c benefit for my lic policy?

2nd Question: Is bank account matters for claim 80c deduction?
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Amlan Dutta
No you cannot claim , the person who pays for it can claim benefit ....In case of an individual, deduction is available in respect of policy taken in the name of taxpayer or his/her spouse or his/her children. however in this case since you paid for the LIC policy and in your name , your mom cannot ...
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  • July 23, 2019
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BIBEK

Category : INCOME S..,
Solved
July 23, 2019 1:01 am
  • INCOME SCHEDULE - CAPITAL GAINS
Where to show long term capital loss in ITR 2 ?
And against what can I set it off ?
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Jitendra B
You can directly go to Schedule CG Section B4 to enter the details and LTCL will come populated auto calculated. Otherwise, you can enter all shares wise equity mutual fund wise details in Schedule 112A which is not mandatory and that schedule will calculate the LTCL and populate the Schedule CG Sec...
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  • July 23, 2019
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Jitendra B
Dear Amlan, my question is continuously related to unlisted shares to be declared is getting deleted for wrong category. Can you please post whether the Delisted Shares of NSE and BSE are to be declared in ITR2 form as Unlisted?
  • July 25, 2019
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Janaki Das

Category : 44ADA ( ..,
Solved
July 23, 2019 12:39 am
  • 44ADA ( Profession)
Hi Amlan, Greetings of the day.

I'm working for a software company and also doing freelancing. I'm earning about same amount income from both. Can you please suggest which ITR form should I fill. Also please suggest can I go with freelancing income under presumptive income.

Edit: I'm a Software Pr...
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Amlan Dutta
Presumptive section clearly classifies which all professions are covered ...if your qualifies for technical consultancy you can else no .....i beleive you qualify and can use ITR 4 for AY 2019 20 to reflect your scope of taxable income from both salary and profession
  • July 23, 2019
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