Categories
Normal Grid Pagination Scroll
Devendra Kumar Chauhan

Category : Deductio..,
Solved
July 14, 2018 10:48 pm
  • Deductions
sir personal loan it's principal amount & it's interest amount can be taken as 80G & 80C relaxation in itr 1pl clarify
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
80 G is for donation to notified institutions and 80 C is for home loan from recognised financial institutions for for house purchase ...so , no benefit can be availed

Select category properly next time ....i wont be repeating this next time and directly deleting any entry without question category s...
View More
  • July 14, 2018
  • LikeLike
  • Select as Answer
Deepjit Nandi

Category : LTCG Exe..,
Solved
July 14, 2018 9:36 pm
  • LTCG Exemption u/s 54
Sir,
My self is Deepjit. And have a question regarding deduction u/s 54. My uncle had sell a property on 10th October,2017 having a long term capital gain of ₹1,00,00,000/- . He has purchased a flat worth ₹2,00,00,000/- having an agreement with builder to make installment payment. Upto 15th Ju...
View More
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
Under section 54, he can claim benefit of capital gain exemption until 1 Cr and not 1 Cr plus taxes.

(refer video tab for relevant videos for the topic)
  • July 14, 2018
  • LikeLike
  • Select as Answer
Deepjit Nandi
Sir, he had paid 1,00,00,000/- to the builder including GST as on today. I'm posting this question as, if the amount without GST is allowed then it will be less than 1 cr. And rest of the amount will be taxed as per rule. And if I can put the the amount including GST then whole capital gain will be ...
View More
  • July 14, 2018
  • LikeLike
  • Select as Answer
Akhilesh Solanki

Category : How to r..,
Unsolved
July 14, 2018 9:04 pm
  • How to respond to Defective Notice
On submitting my returns of AY-2018-19, immediately (even before e-verify) i got mail from IT department with Subject"Disallowances/Defects identified in the Income Tax Return uploaded on 14/07/2018 with Ack no 777911170140718" . This mail indicates defect as "Total Value of "Total Revenue from oper...
View More
  • Hide Placeholder
  • Hide Discussion
sagar dipak parab

Category : How to t..,
Solved
July 14, 2018 8:41 pm
  • How to take Interest TDS credit in ITR 2
sir
I downloaded ITR 2 excel utility Assessment year 2018-19.
In TDS segment, Other than salary TDS , column no 5 showing year 2016 & below (financial year in which TDS deducted)
Actually TDS deducted in 2017-18 year

What to do Please guide
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
Why are you looking at column 5...Column 5 and 6 are for unclaimed TDS of earlier years bought forward . ( not previous year 2017 )..
Column 7 is for TDS for current year( implying previous year 2017 ) ..Fil...
View More
Why are you looking at column 5...Column 5 and 6 are for unclaimed TDS of earlier years bought forward . ( not previous year 2017 ).. <br /> Column 7 is for TDS for current year( implying previous year 2017 ) ..Fill your TDS figures appearing in 26AS here and more importantly don't forget to claim it in your own hands in column 9 else deducted TDS simply doesn't translate into tax credit unless you claim it. Why are you looking at column 5...Column 5 and 6 are for unclaimed TDS of earlier years bought forward . ( not previous year 2017 ).. <br /> Column 7 is for TDS for current year( implying previous year 2017 ) ..Fill your TDS figures appearing in 26AS here and more importantly don't forget to claim it in your own hands in column 9 else deducted TDS simply doesn't translate into tax credit unless you claim it.
  • July 14, 2018
  • LikeLike
  • 1 person
  • Select as Answer
sagar dipak parab
Thank you very much
  • July 21, 2018
  • LikeLike
  • Select as Answer