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mohammed rafiq shaikh

Category : Income t..,
Solved
July 16, 2016 12:28 pm
  • Income tax
Hi amlan bro.

I have received notice of non-filing income tax for the FY 2013-14.
I am taking ITR-4 as my income is from commission and share investment in FNO.

My question is....
Under which section I have to fill a return. Is it ok if I opted section 139(4).
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Amlan Dutta
I have already replied ...if you cannot understand , please first get some basic knowledge on the subject ....you cannot file belated return for earlier financial years now ...get this straight in your head, so there is no question of return selection or section selection .....File non compliance a...
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  • July 17, 2016
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mohammed rafiq shaikh
thanks for your precious response bro... i understood your point....
i just want to know, how can i handle with the notice which i have got from incometax department? which i have attached with my question?
  • July 17, 2016
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NILESH NAMDEV BHOLE

Category : Return p..,
Solved
July 16, 2016 11:38 am
  • Return processed but revision needed
I have fill up ITR1 as per employer FORM 16 in which I have put up refund amount but employer corrected my form 16 after 1 month in which no refund I have put up revised ITR1 ,BUT what I claim refund amount which is deposited in my account . How to correct this case ??
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Amlan Dutta
Since refund has already been processed , what it means that the department has already processed the case . As such , you are required to take up the matter directly with the department for rectification and explain your assessing officer directly the case and deposit back the refunded amount or wh...
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  • July 16, 2016
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Raj Singhaniya

Category : Income t..,
Solved
July 15, 2016 7:36 pm
  • Income tax
Hi Amlan,
While filing ITR-1 form, do we have to mention anywhere the HRA and Conveyance allowance provided by the employer.
I see there is a field, D19 , i.e. Exempt income only for reporting purposes. Should these allowances be mentioned there or these don't have to be mentioned at all.
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Amlan Dutta
(Edited ) It would be a good thing to mention any exempt income in the reporting section
As such be it salary exempt allowances or any other exempt income ( LTCG , PF interest etc etc ) , it is always advisable to report them using exempt income reporting section ...

Reporting salary exempt income wi...
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  • July 16, 2016
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vipin kumar

Category : Income t..,
Solved
July 15, 2016 6:53 pm
  • Income tax
Hi Amlan,
I want your suggestion regarding itr filling ..............
i m a medical consultant and i m working with a company,
company deduct 10% tds in monthly salary.
they provide me form 16A under section 194j,
for suppose my annual income is 388700/-
interest is 6000/-
i have saving and lic - 17600/-
...
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Amlan Dutta
Remember the normal process for filing any return remains the same i.e use income schedule to depict income , saving schedule to depict savings , check tax liability as computed by tax return .....then check whether deducted TDS is sufficient to meet tax liability . if yes , upload the return ....i...
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  • July 16, 2016
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