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Mallikarjuna

Category : Income f..,
Solved
August 26, 2018 8:14 am
  • Income from Self occupied property
GM, self bought a flat in chennai in Oct14 and took the possession in Aug 17..
Want to know...

1. pre construction period for interest calculations.
2. Self working in private sector & staying in Bangalore claiming HRA in tax rebate. can i show my flat as a self occupied since my mother and father stay...
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Amlan Dutta
1.) During this period October 2014 to August 2017 - this is the pre construction period .....starting FY 2017 18, you can claim loan interest in 5 equal installments under 24(b)

2.) Yes , you can show ....i don't understand why people mix income from house property and salary (HRA), i guess they ha...
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  • August 26, 2018
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Supriya Chakraborty

Category : How to f..,
Solved
August 26, 2018 1:06 am
  • How to fill Salary breakup in ITR 1
Hi Amlan,

You are doing a great work. Thanks for helping.

This year I am filling two form 16 as I have changed my employer.

I have a query related to deduction under Less: Allowance to the extent exempt u/s 10.

In one form 16 it is 20,961.74 (Conveyance 11,767.74, Medical 9,194.00) and in an...
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Amlan Dutta
what is the 8000 for the other firm for ...the total medical reimbursement permitted is 15,000 and for conveyance is 19200 ...if these limits individually is not crossed , yes, you can claim the benefit
  • August 26, 2018
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Vishal

Category : Self ass..,
Solved
August 25, 2018 10:38 pm
  • Self assessment tax
I have paid self-assessment tax on 23-08-2018.It hasnt updated on 26as form.How much time will it take to update??
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Amlan Dutta
Usually 10-15 days ...you can claim TDS credit in this case ...because by the time the return gets processed the credit should start reflecting in your tax credit statement
  • August 25, 2018
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Vishal
Ok, i have filed my ITR.
  • August 25, 2018
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Suraj

Category : Taxabili..,
Solved
August 25, 2018 3:09 pm
  • Taxability of PF - Withdrawal before 5 years
Hello Amlan,

Earlier this year in Jan I withdrew my EPF amount, from this TDS was deducted(34.608%) as PAN was not updated and also for not completing 05 years of tenure. I would like to claim that TDS amount while filing ITR for this AY as I am not working since last 2 years. I will be filing a ni...
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Amlan Dutta
Q1 - Where do I declare this in ITR form? I understand that I have to mention received EPF amount in ITR form(which section?)

if PF is withdrawal less than 5 years it would be taxed as given below.


Employer contribution towards PF under salary head and rest under other sources

1.) Employer contributi...
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  • August 25, 2018
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Suraj
Okay, Thank you Amlan.
  • August 25, 2018
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