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SHUBHAM KUMAR

Category : Interest..,
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June 4, 2018 11:45 pm
Dear Sir,
my friend is not filed his ITR for A.Y 2017-18, But in its 26AS interest on securities (194A) is deducted on his Fixed Deposit, Can i Claim this year TDS amount as carry forward in TDS column or is their any solution to get this refund this amount. Becouse the TDS amount is 8100 and total ...
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Amlan Dutta
Unfortunately even belated period for filing u/s 139(4) for AY 2017 18 is over on 31st March 2018 ....if there was genuine hardship then he( assessee) can write to CIT(commissioner of income tax ) seeking to consume delay using 119 (2)(b)....if it is accepted then he can file return using this sec...
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  • June 4, 2018
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SHUBHAM KUMAR
Can you Please tell me what is CIT.??
  • June 5, 2018
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Hema Latha

Category : Interest..,
Solved
April 29, 2018 3:51 pm
Sir,
As per Form 26AS total interest amount is Rs 2588/-. But this amount is not being reflected in any of the two columns of deposit interest certificate i.e Int Paid and Int Accursed.

Which amount is to be added to the 'income from other sources' in ITR filing?
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Amlan Dutta
Please don't post repeat entries pertaining to same question .....in your case , 26 AS should refer to fixed deposit interest ( check with bank )....and statement interest entries that you see pertain to savings interest ...you will add both under income from other sources , however for savings inte...
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  • April 29, 2018
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Hema Latha

Category : Interest..,
Solved
April 29, 2018 3:34 pm
Hello sir, I got Interest Certificate on Deposits from Bank. It is showing two columns, one is Interest paid and one is Interest accural. Out of the two above said columns, which amount I need to show in "Income from other sources" column in ITR filing?
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Amlan Dutta
Interest accrued would be mostly Fixed deposit interest ...check with bank .....anyways , you will add both .......
  • April 29, 2018
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Kishalay De

Category : Interest..,
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April 25, 2018 11:06 pm
Hi Amlan I enjoy auto sweep facility at my salary account lying in SBI. Other than regular quarterly interests it create interests whenever money is transferred from sweep account . My question is that is it taxable if crossed over 10k? Another question is that do I have to fill 15G for that?
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Amlan Dutta
Yes this is savings interest .....you will show this income under income from other sources though like you rightly infer there is a deduction benefit under 80 TTA for lesser of saving interest or 10000 rs .....you only fill 15 G if total taxable income is less than threshold level ( 2.5 lakhs) so t...
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  • April 25, 2018
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