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harish

Category : How to f..,
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June 14, 2019 2:37 am
  • How to fill ITR
Can we file ITR 1 for AY 2018 19 now? If yes, how?
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Amlan Dutta
No, as far as AY 2018 19 is concerned, the last date for filing belated return for AY 2018 19 considering section 139(4) is already over on 31st March, 2019......
However, In case there was genuine reason for delay , you can explore 119(2)(b) for filing time barred returns I.e returns for which bela...
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  • June 14, 2019
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harish

Category : Intimati..,
Solved
June 14, 2019 2:30 am
  • Intimation Notice under 143(1)a
Please observe the screenshot. Intimation under 143(1) reflects that i am supposed to get refund. Do i have to pay any tax now?
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Amlan Dutta
Since this is a refund case, there is no question of paying tax ...the department shall pay you 7658 Rs ...understand the concept here. Though your tax liability is nil (on account of income falling below taxable income ) , you have still paid taxes on account of deducted TDS i.e 7545 Rs ...So cle...
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  • June 14, 2019
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girish

Category : Taxabili..,
Solved
June 13, 2019 8:41 pm
  • Taxability of Life insurance plans
I have purchased wealth plus a single premium life insurance (SPLI) policy on 07/05/2010 by paying 2 lakhs as a single paid premium. It get matured on 2018 after eight years .I received total amount of 291732 having interest incurred of 91732 in eight years .TDS at the rate of one percent is deducte...
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Amlan Dutta
Taxation of any insurance product by whatever name is guided by section 10(10 D) ..Since the policy taken in between 2003-2012 , the annual premium must be less than 20 % of sum for policy proceeds to become exempt . If it isn't , then policy proceeds on maturity become totally taxable . Earlier , ...
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  • June 14, 2019
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Ranvijay Kumar

Category : How to f.., Income t..,
Solved
June 12, 2019 7:04 pm
  • How to fill ITR
  • Income tax
SIR, I DONATE NDF IN PULWAMA ATTACKS, WHAT IS THE PAN USED TO CLAIM 80g deduction for ay 2019-20, AND WHAT IS ADDRESS AND PIN CODE IS FILL UP IN COLUMN IN ITR FORMS ?
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Amlan Dutta
I actually could find this , here are the details for the national defense fund
1.)PAN - AAAGN0009F.
2.) Address - Address - National defense fund , State Bank of India, Institutional Division, 4th Floor, Parliament Street, New Delhi.
3.) Pin - 110001
Donations to this fund qualifies for 100 % deducti...
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I actually could find this , here are the details for the national defense fund <br />1.)PAN - AAAGN0009F.<br />2.) Address - Address - National defense fund , State Bank of India, Institutional Division, 4th Floor, Parliament Street, New Delhi.<br />3.) Pin - 110001<br />Donations to this fund qualifies for 100 % deduction without qualifying limit ....<br />You may also like to check my youtube video for this.....
  • June 16, 2019
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