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Samir ranjan Dhal

Category : Transpor..,
Solved
June 24, 2018 2:55 pm
  • Transport allowance u/s 10(14)(ii)
Sir can I show the transportation allowance in itr as non taxable income or taxable
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Amlan Dutta
Under 10(14) it is exempt(i.e non taxable) upto lesser of the two 1.) Amount received
2.) 1600 per month .... typicall...
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  • June 24, 2018
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Samir ranjan Dhal

Category : 80D - He..,
Solved
June 24, 2018 2:52 pm
  • 80D - Health Insurance premium
Hi Sir how much amount I can claim for medical treatment for self and my parent senior citizen parents
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Amlan Dutta
Section 80 D (Tax deduction based on Health Insurance Premiums Paid), 80 DDB( (Treatment of Specified Illnesses) and section 80DD (Treatment of a dependent with disability) are the sections to look for guidance ..Check which one fits your case of medical expense ...
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Section 80 D (Tax deduction based on Health Insurance Premiums Paid), 80 DDB( (Treatment of Specified Illnesses) and section 80DD (Treatment of a dependent with disability) are the sections to look for guidance ..Check which one fits your case of medical expense <br /> Section 80 D - Towards medical treatment , you can claim nothing ..However , if it is health insurance , section 80 D provides some relief until 25,000 for yourself and 30,000 for your parents ...if it is medical checkup and can be proved to be health checkup then you can claim Deduction as shown in chart below <br /> <br /> Section 80DDB (Treatment of Specified Illnesses)<br />You can get a deduction up to Rs. 1, 40,000 (Rs. 60,000 for senior citizens and Rs. 80,000 for extremely senior citizens) for medicinal expense incurred for determined ailments. For example, cancer, chronic renal failure, Parkinson infection, etc. The complete list of such diseases is given in Rule 11DD.<br /><br />You have to attach an endorsement from specialist while filing income tax forms.<br />You can claim for self, spouse, guardians, children, and siblings. <br /> <br /> Section 80DD (Treatment of a dependent with disability)<br />You can claim the benefit up to Rs. 75,000 based on the expense incurred for nursing, training, medical treatment, preservation, and rehabilitation of a dependent with disability (Rs. 1.25 lakh for an extreme and serious disability). Reliant can be any of your parents, children, your spouse, or siblings. You need to show or submit a supporting medical certificat
  • June 24, 2018
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Animesh Datta

Category : Salary (..,
Solved
June 24, 2018 2:14 am
  • Salary (ITR 1)
Filing ITR1 this time following your recent video on ITR1 for AY 18-19. I have one question. What should I put in "Income Chargeable under salaries" box under "Tax Details" tab. Some figure ( i.e. amount in "Gross Salary as per provision contained in 17(1)") is coming automatically but this seems no...
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Amlan Dutta
I have already made tutorial for this topic...form 26 as is usually prefilled with gross salary figures ...you will edit it to put in the same chargeable salary income figure that you put in the income schedule i.e point 6 of form 16 ....check the video and subscribe if possible , so that i don't h...
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  • June 24, 2018
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Abhishek Khandelwal

Category : Property..,
Solved
June 23, 2018 11:30 pm
  • Property TDS( U/s 194 IA)
Hi,
I need one help. Actually I am not much aware about TDS on property. (26 QB)
I brought a under construction property and the registration was done on 23-Apr-2018. My wife is primary Owner and I am secondary owner Now I came to know about TDS thing recently and I have to pay the same. My builder ...
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Amlan Dutta
Never use words like "respond asap" again ever ...as far as question goes, if value of the property exceeds 50 lakhs , then for every payment that you make you need to deduct 1 % TDS and make payment .....the authority doesn't care whether you have been informed by builder or not ....there are late ...
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  • June 24, 2018
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