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Income tax
- INCOME SCHEDULE - HOUSE PROPERTY
  - Tax benefit for prepossession loan repayment
    - How to claim loan benefit during construction(Section 80 EE)
  - How to compute income from house property
    - Income from Self occupied property
    - Income from let out property
    - Deemed let out property
    - Income from commercial shop
  - Deduction benefit for House property
    - Deduction benefit for let out property
    - Deduction benefit for self occupied house property
    - Home loan interest benefit under 80 EE
    - Difference in deduction benefit of 24(b) and 80 EE
- INCOME SCHEDULE - SALARY
  - Taxability of Gratuity
    - Gratuity on retirement
    - Gratuity on resignation
    - Gratuity during service
    - Computation of Gratuity
  - Deduction U/s 16
    - Tax on Employment
    - Entertainment Allowance
    - Standard deduction of 40000 u/s 16(ii)
- Filing Issues
- INCOME HEAD - BUSINESS PROFESSION
  - Presumptive taxation
    - 44 AD ( Business income)
      - Preparing Balance sheet
    - 44ADA ( Profession)
      - How to fill financial particulars of Business/Profession
  - Profession
    - Filing return for LIC agent
  - Permissible expenses for Business
  - Disallowances for Business Profession
- INCOME SCHEDULE - CAPITAL GAINS
  - Capital Gains exemption
    - LTCG Exemption u/s 54
      - LTCG Exemption u/s 54 EC
    - Compulsory land acquisition
      - RFCTLARR
  - Stocks (delivery)
    - Taxability of ESOPS
    - Taxability of Foreign ESOPS
    - STCG on Stocks
    - LTCG on stocks
  - Sale of House property
  - Mutual Funds
    - Equity Mutual Funds
    - Debt Mutual Funds
- INCOME HEAD - OTHER SOURCES
  - Taxability for winnings on lottery
- Notices
  - Intimation Notice under 143(1)a
  - Compliance notice for Non Filing of Returns
    - Income below threshold level
    - Income above threshold level
  - Demand under section 143(1)a
  - Communication of proposed adjustment u/s 143(1)(a)(vi)
    - Difference in salary income in return and 26 as
    - Inconsistency between other source income in filed return and 26 as
      - Agree to demand for communication for proposed adjustment
        Revision after agreeing to proposed adjustment
      - Disagree to demand for communication of proposed income
  - Reassessment Notice under section 148
- HOW TO FILE RETURNS
  - Nil Return
  - Refund Return
    - Refund for Bank deducted TDS
    - Refund for LIC Commission
    - Refund for TDS on professionals
  - Belated return
    - Time period for belated return
  - Due return U/s 139(1)
- Defective Returns
  - How to respond to Defective Notice
- NRI Taxation
  - DTAA
    - DTAA ( Tax credit method)
      - DTAA India Australia
    - DTAA (Credit by Deduction)
      - DTAA INDIA USA
  - Tax implication for NRI while buying property
- Registration
- Exempt Income
  - Exempt PF interest
    - Exempt Statutory PF interest u/s 10 (11)
    - Exempt Recognised PF interest u/s 10 (12)
  - Exempt Transport allowance u/s10(14)
  - Exempt gift income u/s 56(2)(iv)
  - Exempt Gratuity Income u/s 10
  - Exempt Earned leave at Retirement
  - Exempt HRA U/s 10(13A)
  - Exempt LTCG u/s 10(38)
  - Exempt LIC moneyback u/s 10(10 D)
  - Exempt ULIP maturity U/s 10(10 D)
- Return signing capacity
- TAX CREDIT
  - TDS
    - Salary TDS (u/s 192)
    - TDS ON NRI PURCHASE
    - Property TDS( U/s 194 IA)
    - TDS Credit
      - HOW TO MAKE TAX PAYMENT
        How to pay advance tax
        How to pay self assessment tax
        How to pay demand tax
      - Deducted TDS not appearing in form 26 as
      - 26 AS TDS not prefilling ITR
    - TDS Return filing
    - TDS on income other than salary
      - Interest TDS (U/s 194 A) (10%)
      - Consultancy TDS U/s 194 J (10%)
      - Contract TDS u/s 194 C (1%)
  - TCS
  - Schedule IT (Taking credit of taxes paid)
    - ADVANCE TAX
      - How to pay advance tax
      - Cases when advance tax exempt
      - Computation of advance tax
      - Penalties for non payment of advance tax
      - How to fill in challan details for advance tax
    - Self assessment tax
      - How to fill in challan details for self assessment tax
  - Status of Booking in 26as
- TAXATION OF DIFFERENT INSTRUMENTS
  - Taxation of Post office interest
  - Taxation of Mutual Funds
    - Taxation of SIP
  - Taxation of Bitcoin /Cryptocurrencies
  - Taxability of Interest Income
    - Taxation of Fixed deposit
  - Taxation of NSC
  - Taxability of Family pension( U/s 57)
  - Taxability of Futures and Options
  - Taxability of pension
  - Taxability of Life insurance plans
    - Taxability of Endowment Plans
      - LIC Jeevan Anand Endowment plan
    - Taxability of ULIP
      - SBI Wealth Builder ULIP Plan
    - Taxability on surrendering of Life insurance
      - Surrendering of ULIP plans
  - Taxability of PF
    - Taxability of PF - withdrawing after 5years
    - Taxability of PF - Withdrawal before 5 years
  - Taxability of lottery winnings (U/s 115BB)
  - Taxation of stipend income
    - Taxation of Research Fellowship
    - Taxation of Articleship stipend
- Deceased Filing
  - How to register as legal heir
  - How to file return for deceased assesse
- BASICS OF INCOME TAX
  - Selection of Return
    - Return for Salary, Interest
  - Previous year
  - Assessment year
  - Residential status
  - Tax Computation
  - Clarification over income head
  - Who is required to file
- Tax site related issues
  - How to download tax returns
  - How to download returns after filing
- Rebate and Relief
  - Rebate under section 87 A
  - Arrear Relief under section 89
    - Form 10 E not submitted online
    - How to correct form 10 E
    - How to fill form 10 E
- Late Filing after belated period also over
- RETURN FILING
  - ITR 1
    - Salary (ITR 1)
      - How to show salary arrears in return
      - How to show Bonus in return
      - How to show salary income from Multiple companies
        Multiple form 16
    - Exempt HRA when not shown in Form 16
    - How to show employer NPS in return
    - How to fill nature of income in ITR1 (exempt)
      - How to show Gift from relative in return(U/s 56(2)
      - TAXABILITY OF SALARY ALLOWANCES
        HRA Allowance U/s 10 (13A)
        Transport allowance u/s 10(14)(ii)
        Child Education Allowance U/s 10(14)(ii)
        Uniform allowance U/s 10(14)(i)
        Washing allowance U/s 10(14)(i)
        Border Area allowance U/s 10(14)(ii)
        Transfer Allowance U/s 10(14)
        Helper/Assistance Allowance U/s 10(14)
        Daily allowance U/s 10(14)
        Research Allowance U/s 10(14)
        Hostel Expenditure Allowance U/s 10(14)
        Taxability of Earned Leave Encashment
  - ITR 2
    - How to take Interest TDS credit in ITR 2
  - ITR 3
  - ITR 4
  - ITR 5 (Firms)
  - ITR 6 (Companies)
  - Salary mismatch in form 16 and 26 as
  - TDS mismatch in Form 16 and 26 AS
  - How to convert return to xml for uploading
  - Employer category
- Common Issues
  - Send acknowledgement after 120 days
  - Documents to be attached
  - How to file return of earlier years
  - Difference in salary figures in form 16 and 26 as
  - How to show investments not considered in form 16
- Common Mistakes
  - Not taken credit of paid taxes
- PENALTY
  - Penalty under section 271 F
  - Penalty under section 234 F
- FILING AY 2018 19
- Clubbing of income
- TRANSFER PRICING
- TAXATION OF AOP
  - TAXATION OF RESIDENTIAL WELFARE ASSOCIATION
- ASSESSMENT PROCESS
  - Processing of returns
    - E verification
      - E verify using AADHAR OTP
      - E verify using Netbanking
    - Time period for processing
    - How to change AO Jurisdiction
- Deductions
  - 80 C Deduction- Life insurance premium, deferred annuity,.contributions to providend fund, etc
    - 80 CCC- Payment in respect of Pension Fund etc
      - Deduction benefit of NPS
        80CCD(2) - Employer contribution towards NPS
        Employee contribution towards NPS
        80CCD(1) - Employee contribution towards NPS
    - Taxation of Sukanya Samridhi scheme
  - 80D - Health Insurance premium
  - 80E - Interest on loan taken for higher education
  - 80G - (Eligible Amount)- Donations to certain funds, charitable institutions, etc
  - 80CCD(1B) - Employee contribution NPS.
  - 80EE - Interest on loan taken for residential House property
    - 80EE Eligibility
  - 80CCG - Investment made under an equity savings scheme
  - 80DD - Expenditure towards medical treatment of dependant
    - 80DD - Dependent person with disability
      - 80DD - Dependent person with severe disability
  - 80DDB - Medical Treatment of specified disease
    - 80DDB - Self or dependent
    - 80 DDB - Senior citizen - Self or dependent
    - 80 DDB - Super Senior citizen - Self or dependent
  - 80GG - Rent Paid
    - 80GG Eligibility
  - 80GGA - Certain donations for scintific research or rural development
  - 80GGC - - Donation to political party.
  - 80RRB - Royalty on patents
  - 80QQB - Royalty income of authors of certain books
  - 80TTA - Income from interest on saving banks Accounts
  - 80TTB - Income on deposits for senior citizens
  - 80U - In case of a person with Disability
  - 80U - Self with disability
    - 80U - Self with severe disability
- e Grievance ( e Nivaran)
  - Delay in processing of returns
  - Disallowance of Tax credit in 26 AS.
- e Proceedings
- Filing return of earlier previous years
  - Section 119(2)(b) Delayed filing
  - Section 92 CD Advance Pricing agreement
- TAX COMPUTATION
- UTILITY FILING ISSUES
  - Unclaimed TDS bought forward and current year TDS separate rows
  - Salary in income schedule less than 90% of salary income in TDS schedule
  - JAVA utility not getting saved
- REVISION AND RECTIFICATION
  - Revised Return U/s 139(5)
    - Time period for filing revised returns
  - Rectification
    - Rectification u/s 154
      - Return processed but revision needed
    - Rectification - Tax credit mismatch
    - Rectification - Taxpayer wanting to correct data
- Tax Audit
- How to fill ITR
  - How to fill Salary breakup in ITR 1
  - How to show HRA in ITR 1
  - How to fill salary income in TDS schedule
- Due date for filing returns
- Tax payment
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Ranganath posted a question

September 2, 2018 1:42 pm

Hi Amlan,

I have been following you from long. You are definitely doing wonderful job and helping many people in need. And this platform created by you is highly commendable.

However, finally I needed your expert advise in my dad's case. He was filing his return from casual representative and he ...View MoreHi Amlan,

I have been following you from long. You are definitely doing wonderful job and helping many people in need. And this platform created by you is highly commendable.

However, finally I needed your expert advise in my dad's case. He was filing his return from casual representative and he himself was not tech friendly. The notice was served against him and he was not able to respond timely. To my luck I got hands on this issue and now want this demand to be resolved asap. Please try help in this regard. And I beg pardon for writing this long. Kindly make Youtube video for this case for others as well, to get advantaged in these types of cases.

Case: Demand notice served under section 245 and 143(1)a with TDS Mismatch and Tax Still Due

I am uploading Intimation Snapshots, ITR snapshot, Form 26AS snapshot, Rectification Made Snapshots for TDS Credit Mismatch, O/s Submit Blank Response.

AY: 2015-16 Order Date and other detail in the snapshot of intimation.

Description: Tax liability was Rs 686266, Representative made mistake in filing ITR. He forgot checking Form 26AS or skipped, God Knows! He claimed wrong figure by quoting Wrong TAN and claimed false Refund. Clerical Error or What I don't know. He should have reported the right figure of Rs 632535 under right TAN. But he showed Rs, 696575 instead which was wrong figure. Ideally he should have told my DAD to fill the additional Challan of Rs. 49482 as Self Assessment Tax which is still due and needs to be paid under fresh demand with Penal Interest raised subsequently. I have got only credit for Bank TDS of Rs. 4249.

Measures Already Taken Now:

I have made the rectification request on 31st Aug 2018 under Type 1 for only changing the Tax and/or TDS Mismatch. Wrong TAN and Wrong Figure of Rs 696575 replaced now by Right TAN and Right figure of Rs 632535 together with earlier 4249 figure in this request under consideration. So now, I will get TDS Credit Match upon successful rectification.

Now, I need to submit the Response to Outstanding Demand under DISAGREE option and Rectification Filed. Should I do so now or wait till rectification status is done. I do not have much time, as much time has already elapsed. Perhaps only 1.5 year left for getting this demand resolved.

WHEN TO SUBMIT RESPONSE TO THIS DEMAND AND HOW?

1. How? means I wanted to know what is e-filed Acknowledgment No. here. See Screenshot Please. Is it the "Rectification Reference No." received or the "Original Acknowledgement No. filed" earlier. This is my confusion.
2. Further How the additional DUE AMOUNT with INTEREST need to be paid after getting FULL CREDIT available currently. Will fresh Demand be served after the RESPONSE. I was not clear about the new interest calculation u/s 234A,B and C. I hope it will be resolved with final corrected demand. I will pay it under head 400 (Regular Assessment Tax), hopefully.
3. In regard to TDS Certificate upload: Should I upload TRACES Form 26AS or Form 16 Part A? And in place of Letter requesting rectification upload, should I upload the emailed copy of Computer generated receipt. The snapshot of it is attached here for Disagree option and Sub-option of Rectification/Revision Filed.
4. What is Indemnity Bond. Is it applicable under my case or should I skip.View LessView LessView LessView Less

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