Categories
Normal Grid Pagination Scroll
Ajay

Category : Taxabili..,
Unsolved
July 30, 2019 12:41 pm
  • Taxability of Foreign ESOPS
Hello Sir,

I am filing ITR 2 and have sold foreign company stocks(ESOP) last FY. We declare those in Schedule FA. However, I am not sure where do I declare the Capital Gains from it. I do not see an option stating Capital Gain from unlisted share in schedule Capital Gain. Can you please let me know?
A...
View More
  • Hide Placeholder
  • Hide Discussion
Ujjwal Kundu

Category : Income f.., 80U - Se.., Transpor..,
Solved
July 30, 2019 2:32 am
  • Income from Self occupied property
  • 80U - Self with disability
  • Transport allowance u/s 10(14)(ii)
Dear Amlan sir,
I'm govt.salaried, disabled (60%). I filed my itr1 using annual salary statement sheet where I've claim exemption u/s 10 by Rs 4800 and dedication of Rs 75000 u/s 80u and submitted and e-verified the ITR.
Now I come to know that in form 16(provided by employer) Rs 75000 shown as HBL ...
View More
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
So, i presume there was no HBL interest and it was indeed 80 U ...sure there can be chances of a mismatch notice but if your actuals are correct you can defend your position under e proceedings accordingly..regarding exemption on conveyance allowance , i don't think it exists anymore ...the conveya...
View More
  • July 30, 2019
  • LikeLike
  • Select as Answer
Vikrant Kumar

Category : Income t.., LTCG on ..,
Unsolved
July 29, 2019 11:34 pm
  • Income tax
  • LTCG on stocks
Hello Sir,
I have LTCG gain from shares of two companies.
Details are attached in screenshot of gain calculation.

One share was purchased before and other after 1st Feb 2018,
How will I show it in ITR2 schedule CG and in LTCG section after combining both shares values, because for 2nd item FMV ...
View More
  • Hide Placeholder
  • Hide Discussion
Jitendra B
https://economictimes.indiatimes.com/wealth/tax/how-to-calculate-tax-on-ltcg-from-equity-shares-and-equity-mutual-funds/articleshow/70581749.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23
How to calculate tax on LTCG from equity shares and equity mutual funds
In Budget 2018, LTCG was made taxable. This rule applies for transactions made on or after April 1, 2018, and will be applicable for FY 2018-19 onwards.
  • August 10, 2019
  • LikeLike
  • Select as Answer
DEEPAK JAISWAL

Category : Exempt E..,
Solved
July 29, 2019 1:03 pm
  • Exempt Earned leave at Retirement
Hello Sir,

What will be deduction in ITR for PSU retired employee on Leave encasement earned. PSU employees falls under which category Government employee or Non-Government Employee?

Regards
Deepak Jaiswal
  • Hide Placeholder
  • Hide Discussion
Amlan Dutta
PSU falls under non government ......The encashment of earned leave at the time of retirement is exempt from tax, subject to certain conditions and up to a maximum amount of Rs 3 lakh.
  • July 29, 2019
  • LikeLike
  • Select as Answer