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Kumar rohit

Category : Demand u..,
Solved
July 23, 2018 3:16 am
  • Demand under section 143(1)a
Hi,

one more doubt regarding notice,

I father got notice for last year for difference. difference was due to the bank interest amount and same they were asking in notice to pay
I clicked on there notice and clicked on I agree and next button is to e pay and paid the payment through sbi net banking,
now...
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Amlan Dutta
Return not required to be revised for showing demand tax ( there is field for only advance and self assessment tax )...you work is over.....
  • July 23, 2018
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Kumar rohit

Category : Exempt I..,
Solved
July 23, 2018 3:01 am
  • Exempt Income
Hi,

thanks for the video , it is really helpful, I checked others videos also for information but I think you have explained it better than others.
many of my got doubt got cleared.

my father is a Govt employee and I was trying to fill the income tax for him.
There is difference in salary as per the fo...
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Amlan Dutta
In income schedule you are required to arrive at chargeable income from form 16 and same in TDS schedule ...you may take advise from the company accountant as to what exactly were the exemption and deduction for 2650...i believe that is form 16 shall have tax on employment 2400 rs ( Deduction u/s 1...
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  • July 23, 2018
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Sanjay sen

Category : Salary (..,
Unsolved
July 23, 2018 2:17 am
  • Salary (ITR 1)
Sir,

Amount paid/credited as per 26AS and Form 16 Part A =649659/-
Also as per incometaxindiaefiling website,income chargeable under salaries is 649659/- given under tax details tab.
But income chargeable under head salaries as given in Form 16 PartB is 636305/- not 649659/-
Moreover,non taxable a...
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Deepak bajpai

Category : TCS..,
Solved
July 23, 2018 12:07 am
  • TCS
Sir I have purchase a car for rs 1200000 the TCS of rs 12000 is deducted by me and shown my 26as forms I am a goverment employ and fill my itr for last 5 years how I claim this amount may I claim it or not how I fill my itr
My TDs of rs 87000 is also deducted from my employer
What can I do
Please reve...
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Amlan Dutta
Since you have bought car for 12 lakhs , this 12 lakhs is not any income and therefore you are not required to show the 12 lakhs under any income schedule ...however , since tax has been collected at source , you can surely claim this TCS( tax collected at source ) amount in ITR 1 and use this cre...
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Since you have bought car for 12 lakhs , this 12 lakhs is not any income and therefore you are not required to show the 12 lakhs under any income schedule ...however , since tax has been collected at source , you can surely claim this TCS( tax collected at source ) amount in ITR 1 and use this credit for meeting your tax liability ....check answer option - video for tutorial on this topic...Under tax details tab , head towards TCS schedule and fill details accordingly (check attached pictures)...you can also refer to the answer options - video for video on this topic P.s - As per new introduction in Budget 2016, and newly inserted Sub Sec. 1F of Section 206C.,Finance minister, Mr. Jaitley had proposed to impose a provision for collection of Tax at source at the rate of 1%, in case of Sale of Motor Vehicle and finally it was passed and law amended. Effective date is 1st June, 2016 Act – “ Every person, being a seller, who receives any amount as consideration for sale of a motor vehicle of the value exceeding ten lakh rupees, shall at the time of receipt of such amount, collect from the buyer, a sum equal to one percent of the sale consideration as income tax. Since you have bought car for 12 lakhs , this 12 lakhs is not any income and therefore you are not required to show the 12 lakhs under any income schedule ...however , since tax has been collected at source , you can surely claim this TCS( tax collected at source ) amount in ITR 1 and use this credit for meeting your tax liability ....check answer option - video for tutorial on this topic...Under tax details tab , head towards TCS schedule and fill details accordingly (check attached pictures)...you can also refer to the answer options - video for video on this topic P.s - As per new introduction in Budget 2016, and newly inserted Sub Sec. 1F of Section 206C.,Finance minister, Mr. Jaitley had proposed to impose a provision for collection of Tax at source at the rate of 1%, in case of Sale of Motor Vehicle and finally it was passed and law amended. Effective date is 1st June, 2016 Act – “ Every person, being a seller, who receives any amount as consideration for sale of a motor vehicle of the value exceeding ten lakh rupees, shall at the time of receipt of such amount, collect from the buyer, a sum equal to one percent of the sale consideration as income tax.
  • July 23, 2018
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