Categories
Normal Grid Pagination Scroll
Ujjwal Kundu

Category : 80TTA - .., Interest..,
Solved
July 11, 2019 5:52 am
  • 80TTA - Income from interest on saving banks Accounts
  • Interest TDS (U/s 194 A) (10%)
Sir,
Bank deduct TDS on savings account interest.
My total savings account interest in fy2018-19 was 26780 and bank deduct 2680 as TDS which reflect in my 26as u/s 194a.
My question, is savings account interest fall u/s194a?
Can I claim deduction u/s 80tta?
(As far as my knowledge concerned, bank can't d...
View More
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
Yes, you are right , TDS doesn't apply on savings interest. Bank shouldn't deduct TDS on savings interest ......if it has deducted, it is a mistake ...
You can surely claim benefit of 80 TTA on lesser of savings interest or 1000 rs ...which bank , in between ,lol , these institutions also are commit...
View More
  • July 11, 2019
  • LikeLike
  • Select as Answer
Vishal

Category : INCOME H..,
Solved
July 11, 2019 3:13 am
  • INCOME HEAD - OTHER SOURCES
Hi Amlan,
My main income is from salary -Rs 3.5L,also other sources, (a)part time tution-76000,(b)deposits in a firm where i have earned-Rs 21600,(c)interest received on loan -(i)Rs 18000(in cash) and
(ii) Rs 3200(in cheque) ,and also (d) i had sold some electronics n consumables to my friend/relative...
View More
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
There is nothing specefic that can be written for Income from other sources and i cannot do all these i.e help jot down things ...this is more a concept based forum ...you can write the nature of events as they are ...you can club interest income in cash and cheque ....
  • July 11, 2019
  • LikeLike
  • Select as Answer
Joel MS

Category : INCOME S.., LTCG on ..,
Unsolved
July 11, 2019 12:34 am
  • INCOME SCHEDULE - CAPITAL GAINS
  • LTCG on stocks
Hi Amlan,
I have a question regarding carrying forward long term capital loss from my shares & mutual fund.I have a loss around Rs 27,818. How do I show this loss in this AY 19-2020 and carry forward to next year?I don’t have any other capital gains/loss apart from this.

Here are the details;
ShareSa...
View More
  • Hide Placeholder
  • Hide Discussion
pradeep

Category : Income t..,
Solved
July 10, 2019 9:37 pm
  • Income tax
under section 10(13a)
if rent is is less then 10% of basic salary and also HRA received.then what I have to fill in house rent exempted column.
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
Not pretty sure that i get what you ask ...there is no field for House rent exempted column but surely slot to claim HRA exemption if you qualify .......Calculate permissible HRA exemption first ...if it is positive and you qualify for any exempt HRA , then you will fill it under salary exemptions ...
View More
  • July 11, 2019
  • LikeLike
  • Select as Answer