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Naresh Yadav

Category : Selectio..,
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July 23, 2018 10:45 am
  • Selection of Return
My dear sir i am govt employee as well as income from commission of LIC so which ITR should be file .PL reply.
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Amlan Dutta
Since you have salary income ( primary source) and commission income (profession), ,you may decide to show Commission income either as income from other sources or as professional income.
( Note, ITR 3(presumptive) is only available to specified professions and commission income does not belong to li...
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  • July 23, 2018
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SAM MASIH

Category : INCOME H..,
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July 23, 2018 10:28 am
  • INCOME HEAD - OTHER SOURCES
Hello Amlan. I have a query with respect to the TDS2 . I have a joint account with my father where i am the primary account holder. The dividend received in the account on behalf of the shares purchased by my father seems to be showing up in the total amount which will be subjected to tax . What sho...
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Amlan Dutta
Dividends over 10 lakhs is now subject to tax of 10%. If it is below that and from Indian companies , you can claim exemption by reporting it in exempt income reporting section ...Also reduce it from the income head where it has been shown to bring down taxable income accordingly.
Dividends over 10 lakhs is now subject to tax of 10%. If it is below that and from Indian companies , you can claim exemption by reporting it in exempt income reporting section ...Also reduce it from the income head where it has been shown to bring down taxable income accordingly.
  • July 23, 2018
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SAM MASIH
Thank you Amlan for helping me with this .
  • July 24, 2018
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Radhika Singh

Category : RETURN F..,
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July 23, 2018 5:29 am
  • RETURN FILING
Hi Amlan,

I have started working in TCS from December 2017. Currently according to my Form 16 my income from December 2017 - March 2018 is less than 250000 but I want to file my ITR. My query over here is that I have two bank account one is Salary Account which is active from Dec - 2017 which holds a...
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Amlan Dutta
You can show tution income( for FY 2017 18 ) in other sources besides salary income ....there shall be no problem if you transfer salary to other account ....as long as you are declaring salary and paying tax the department doesn't case where you move the funds
  • July 23, 2018
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Jitendra Sune

Category : DTAA..,
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July 23, 2018 3:37 am
  • DTAA
Hi Amlan,

Want to thank you for the nice educational videos you’ve created on filing tax returns for Foreign Income. They were really helpful. Please continue the good work! I am working in UK since Nov 2017, So I am a resident Indian for tax filing for FY 2017-2018.

I’ve a few queries as unde...
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