Categories
Normal Grid Pagination Scroll
akash

Category : How to f..,
Solved
July 4, 2018 11:10 am
  • How to file return of earlier years
is it possible to file return of financial year of 2016-17. even after paying penalty ..thanks in advance
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
No, you can not file under normal process .. if there was genuine hardship which prevented you from filing the return, you can request your assessing officer for condonation for delay in filing citing the hardship ...if he agrees to condone the delay, only then you can file belated return using s...
View More
No, you can not file under normal process .. if there was genuine hardship which prevented you from filing the return, you can request your assessing officer for condonation for delay in filing citing the hardship ...if he agrees to condone the delay, only then you can file belated return using section 139 with 119(2)(b)...check attached picture.
  • July 4, 2018
  • LikeLike
  • Select as Answer
Shubham Bauskar

Category : Income t..,
Solved
July 4, 2018 1:53 am
  • Income tax
Sir , i watched your video how to file itr of pensioner in that you said there are no allownses for pensioners. One of my relative got retired he said he get da(dearness allowance) in pension also. He was working as a teacher so he get salary for 8 month and 4 month pension in this is year.. i know ...
View More
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
Normally pension is credited directly without breakup ...if it has breakup of basic pension and dearness allowance , then to salary basic add pension basic and offer it against combined salary ..likewise to salary non exempt allowances add pension dearness allowance and offer it against non exempt a...
View More
  • July 4, 2018
  • LikeLike
  • Select as Answer
Shubham Bauskar
Thank you.. but what if i don't know breakup for pension..? Is there any problem if i combine whole pension with salary without breaking
  • July 4, 2018
  • LikeLike
  • Select as Answer
JK Jain

Category : 44ADA ( ..,
Solved
July 3, 2018 10:16 pm
  • 44ADA ( Profession)
Dear Amlan, My wife teaches students in home part time in paintling and sewing and earn approx. 1.20 lac per year. She has been filing income tax return for last 10 year. She filed ITR4 S last year (AY 17-18) under professional category ADA under code" 0607- Professionals others" and IT deparrment c...
View More
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
I don't agree to the opinion that she can select presumptive taxation under 44ADA because she does not fall in the eligible list of professions..Here is the list of eligible Persons engaged in any of the following professions:
(i) Legal
(ii) Medical
(iii)Engineering
(iv)Architecture
(v)Accountancy
(vi)Te...
View More
  • July 4, 2018
  • LikeLike
  • Select as Answer
Mahipati Kulkarni

Category : Intimati..,
Solved
July 3, 2018 7:09 pm
  • Intimation Notice under 143(1)a
Dear Sir,
I have received as email from income tax department saying 'communication on proposed adjustment u/s 143(1)(a) from the Income Tax Department, Centralized Processing Center (CPC) with respect to the return of income filed by you'. I fully agree with the notice and i need to pay tax.
Please ...
View More
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
Since the department has assessed the nature of payment is of regular assessment , so you will select code 400 for tax on regular assessment. Self assessment is when assesse himself while filing tax return figures out tax liability by self and meets it ......
  • July 4, 2018
  • LikeLike
  • 1 person
  • Select as Answer