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- 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
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- INCOME SCHEDULE - SALARY
  - Taxability of Gratuity
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  - Deduction U/s 16
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- INCOME HEAD - BUSINESS PROFESSION
  - Presumptive taxation
    - 44 AD ( Business income)
      - Preparing Balance sheet
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      - How to fill financial particulars of Business/Profession
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- INCOME SCHEDULE - CAPITAL GAINS
  - Capital Gains exemption
    - LTCG Exemption u/s 54
      - LTCG Exemption u/s 54 EC
    - Compulsory land acquisition
      - RFCTLARR
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    - LTCG on stocks
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- INCOME HEAD - OTHER SOURCES
  - Taxability for winnings on lottery
- Notices
  - Intimation Notice under 143(1)a
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  - 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
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    - Exempt Statutory PF interest u/s 10 (11)
    - Exempt Recognised PF interest u/s 10 (12)
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  - Exempt HRA U/s 10(13A)
  - Exempt LTCG u/s 10(38)
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  - Exempt ULIP maturity U/s 10(10 D)
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      - HOW TO MAKE TAX PAYMENT
        How to pay advance tax
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      - Deducted TDS not appearing in form 26 as
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      - 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
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  - Taxability of PF
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  - Taxability of lottery winnings (U/s 115BB)
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    - Taxation of Articleship stipend
- Deceased Filing
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- BASICS OF INCOME TAX
  - Selection of Return
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- Rebate and Relief
  - Rebate under section 87 A
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    - Form 10 E not submitted online
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- 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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Prasad Shirodkar

Category : LTCG on ..,

Solved

July 28, 2019 3:17 pm

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LTCG on stocks

Hello Sir, Thanks for your help on my earlier questions. Your answers to various questions has been very helpful. I have a question regarding taxation on LTCGMy mom has 200 shares from Bayer Cropscience. They were transfered to her name after my fathers death. She wants to sell the shares. What is t...

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Amlan Dutta

Earlier they used to be exempt under 10(38)....this has now been removed ...taxability u/s 112 A applies ...gains till 1 lakh rs still remain exempt ...over that any arising capital gains are taxed at 10 % .......

July 28, 2019

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Joel MS

Category : INCOME S.., LTCG on ..,

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July 11, 2019 12:34 am

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INCOME SCHEDULE - CAPITAL GAINS

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...

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Joel MS

Category : Equity M.., LTCG on ..,

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June 22, 2019 2:48 am

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Equity Mutual Funds

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...

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deepak

Category : LTCG on ..,

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January 10, 2019 2:17 pm

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LTCG on stocks

Sir,
Please guide me how will i pass entries for grandfathering LTCG loss in books of accounts (If i have account in icicidirect). I have some shares more than one year holding ...I am in profit when i consider actual cost price but when i grandfather the cost , i arrive at a loss i.e i have share ...

deepak

deepak

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