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Jatin

Category : Income t..,
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June 6, 2018 9:04 pm
  • Income tax
Good evening sir,
My total taxable income is 609170 for AY 2018-19. I have paid 35364 rs as tax .
Out of this income 100513 was arrear and for this I have filled 10E form. According to 10E form 20706 will be refunded to me.
On 28 March 2018 I have invested 65000 in Mutual fund ELSS scheme but not...
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Amlan Dutta
The taxable income has reduced due to the 80 c deduction ..i cannot do the calculations etc for you ...the return should do it and you are advised to check the return properly for it does half the work in tax computation .....form 10 e doesn't show refund , it shows relief which you claim under sect...
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  • June 6, 2018
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Bhupinder singh

Category : Income t..,
Solved
June 6, 2018 9:29 am
  • Income tax
Sir I am bhupinder singh, serving in the Indian Army. In my FORM 16 allowance which is exempt is 36893
Pls tell me under which sec 10 I can put this figure in my ITR PLS
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Amlan Dutta
Check the field for section 10 exemption ...this should also be listed in the form .. i.e it may be transport allowance etc etc ...accordingly the section shall be selected ...for example transport allowance is covered under section 10 (14)
The form 16 mentions very clearly the head of the exempt all...
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Check the field for section 10 exemption ...this should also be listed in the form .. i.e it may be transport allowance etc etc ...accordingly the section shall be selected ...for example transport allowance is covered under section 10 (14)<br />The form 16 mentions very clearly the head of the exempt allowance(check attached picture) ..if it doesn't , ask your DDO for the same.... Check the field for section 10 exemption ...this should also be listed in the form .. i.e it may be transport allowance etc etc ...accordingly the section shall be selected ...for example transport allowance is covered under section 10 (14)<br />The form 16 mentions very clearly the head of the exempt allowance(check attached picture) ..if it doesn't , ask your DDO for the same....
  • June 6, 2018
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Varsha Rani

Category : Taxabili..,
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June 5, 2018 10:45 am
  • Taxability of Interest Income
Sir my friend has 3 bank accounts. Total interest on all saving a/c she got is 3000. But problem is that her form 16 B is not showing claimed it under 80TTA as she has not declared it to employer. She has filled ITR also without showing it in income from other sources column and in 80TTA column. Wi...
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Amlan Dutta
To be honest , the department is sending the notice to only those people whose interest income appears in Form 26 AS ..here it won't , so don't worry ...but it is better to show such income under other sources and claim deduction benefit under 80 TTA even if the same has not been declared to the emp...
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  • June 5, 2018
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Aamir

Category : How to f..,
Solved
June 5, 2018 5:12 am
  • How to fill Salary breakup in ITR 1
Is salary breakup necessary to be precise and accurate.
My employer has not given these details. Neither exempt nor non exempt allowances... can i enter just approx details while maintaining total taxable salary and total tds.
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Amlan Dutta
Well , its better that you show breakup of salary appearing in 26 as atleast ...26 as has total amount paid/credited i.e gross salary (say 100 Rs for example) ....So , you have to show chargeable income from salary(say 80 Rs ) plus the exemptions and deductions (Total 20 Rs )that make for the gros...
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  • June 5, 2018
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