Categories
Normal Grid Pagination Scroll
Mayur Deshmukh

Category : Arrear R..,
Solved
August 2, 2018 5:12 am
  • Arrear Relief under section 89
Hello Sir. I look after my father's ITR e-filing. He received some arrears for FY 2012-13,13-14, 14-15 n 15-16 in the FY 15-16. 10E was not filed immediately. I prepared it and submitted it on 26th July,18. I learnt that I made some mistakes. So I again filed another 10E for AY 16-17 today. Relief o...
View More
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
Time period has elapsed...i hope they didn't process the return yet , anyways you can still apply for rectification (U/s 154)......

Basically, as you now already know, department doesn't consider relief figures unless 10 E has been submitted ...in your case since return claiming relief without first ...
View More
  • August 2, 2018
  • LikeLike
  • 1 person
  • Select as Answer
Shruthi Kalathil

Category : INCOME H..,
Solved
August 2, 2018 12:15 am
  • INCOME HEAD - OTHER SOURCES
My mom is a housewife and so the only income she has is from Bank FDs. This year (AY 2018-19), her Form 26AS shows some income under below details "Details of Tax Deducted at Source for 15G/ 15H"

Where to show the income from Bank FD and LIC (refer attached screenshot) in ITR 1
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
The bank FD interest income will be shown under income from other sources (check my tutorial for taxation of FD interest income)...since no TDS has been deducted , so you may decide to keep the TDS schedule blank ....as far as LIC is concerned, most LIC payouts are exempt (if they comply to section ...
View More
  • August 2, 2018
  • LikeLike
  • Select as Answer
PARTHA SARATHI MAJEE

Category : Rectific..,
Solved
August 1, 2018 9:17 pm
  • Rectification u/s 154
Hi amlan
I have gotten some arrear amount in fy 2017-18 which is related to fy 2015-16&2016-17,I have filled my itr1with the help of form 16 and 26as without claiming 89 relief as I have not decleared the relief amount in my form 16. But after 6 days I came to know that I may get some...
View More
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
If ITR shows processed , then submit rectification under simply " reprocess " option ...you may want to get in touch with your assessing officer once ...it is strange to see that the department is processing the original return despite revised returns being submitted ...same has happened in my frien...
View More
  • August 1, 2018
  • LikeLike
  • 1 person
  • Select as Answer
Honey

Category : Tax Comp..,
Solved
August 1, 2018 6:23 pm
  • Tax Computation
Hi Amlan, Today i filled my father's ITR. In tax computation tax liability was 3908 and tax credit as per 26 as was 227 So i paid tax using e-pay tax Rs. 3680 (As it was auto-fillled column ) now the problem is , there is difference of rs. 1 between liability against what i paid. now do i need to...
View More
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
You can leave it ...anything under Rs 5 is not considered a liability or demand .......Congrats for being able to file return on behalf of your dad
  • August 1, 2018
  • LikeLike
  • 1 person
  • Select as Answer