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Amrik Singh

Category : Selectio..,
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July 19, 2018 2:00 pm
  • Selection of Return
Sir 194H income which itr file and which head show
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Amlan Dutta
Section 194H is for income tax deducted on any income by way of commission or brokerage, by any person responsible for paying to a resident. So, this is basically commission or brokerage income. You can show it under income from other sources. Select question category properlry else question shall...
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  • July 19, 2018
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Prashanth

Category : Taxabili..,
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July 19, 2018 1:36 pm
  • Taxability of PF - withdrawing after 5years
Hi,

I worked in a government job for around 35 years and retired last year. I have received a lumpsum amount from my GPF(General Provident Fund) and I need to declare it in my IT Returns. I see that there are three categories of PF under section 10
Statuatory PF,
Recognized PF,
Unrecognized PF.

Could you...
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Amlan Dutta
You have to get it checked from your company finance officer ........it would be either statutory or recognised PF ..........Statutory Fund is mainly meant for Government/University/Educational Institutes (affiliated to university) employees ..As far as recognised PF goes , this scheme is ap...
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  • July 19, 2018
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Ashok Yadav

Category : Arrear R..,
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July 19, 2018 12:09 pm
  • Arrear Relief under section 89
Sir, can u pls provide excel formula for calculating form 10E.
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Amlan Dutta
No, i haven't done any excel computation for this ...but the normal formula can be put in excel and arrears relief arrived at ...next time be careful to select query category properly
  • July 19, 2018
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G N Sah

Category : How to s..,
Solved
July 19, 2018 11:38 am
  • How to show salary arrears in return
Hi, Amlan,
Where should I show my 7PC arrears in this year ITR1 form.
Shall I show whole arrears in non-exempt allowance??
or I have to break this arrears into basic + allowance and mention in the ITR1 accordingly.

Kindly suggest.
Thanks
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Amlan Dutta
If you don't get any breakup from company ( which is normally the case) , you can show the whole arrears under non exempt allowances keeping 12 months basic pay under salary head ....but there is a very simple way of doing it .......Look at your form 16 for guidance ... ...Here, under point 1a de...
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  • July 19, 2018
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