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SAM MASIH

Category : INCOME H..,
Solved
July 23, 2018 10:28 am
  • INCOME HEAD - OTHER SOURCES
Hello Amlan. I have a query with respect to the TDS2 . I have a joint account with my father where i am the primary account holder. The dividend received in the account on behalf of the shares purchased by my father seems to be showing up in the total amount which will be subjected to tax . What sho...
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Amlan Dutta
Dividends over 10 lakhs is now subject to tax of 10%. If it is below that and from Indian companies , you can claim exemption by reporting it in exempt income reporting section ...Also reduce it from the income head where it has been shown to bring down taxable income accordingly.
Dividends over 10 lakhs is now subject to tax of 10%. If it is below that and from Indian companies , you can claim exemption by reporting it in exempt income reporting section ...Also reduce it from the income head where it has been shown to bring down taxable income accordingly.
  • July 23, 2018
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SAM MASIH
Thank you Amlan for helping me with this .
  • July 24, 2018
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Radhika Singh

Category : RETURN F..,
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July 23, 2018 5:29 am
  • RETURN FILING
Hi Amlan,

I have started working in TCS from December 2017. Currently according to my Form 16 my income from December 2017 - March 2018 is less than 250000 but I want to file my ITR. My query over here is that I have two bank account one is Salary Account which is active from Dec - 2017 which holds a...
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Amlan Dutta
You can show tution income( for FY 2017 18 ) in other sources besides salary income ....there shall be no problem if you transfer salary to other account ....as long as you are declaring salary and paying tax the department doesn't case where you move the funds
  • July 23, 2018
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Kumar rohit

Category : Demand u..,
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July 23, 2018 3:16 am
  • Demand under section 143(1)a
Hi,

one more doubt regarding notice,

I father got notice for last year for difference. difference was due to the bank interest amount and same they were asking in notice to pay
I clicked on there notice and clicked on I agree and next button is to e pay and paid the payment through sbi net banking,
now...
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Amlan Dutta
Return not required to be revised for showing demand tax ( there is field for only advance and self assessment tax )...you work is over.....
  • July 23, 2018
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Kumar rohit

Category : Exempt I..,
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July 23, 2018 3:01 am
  • Exempt Income
Hi,

thanks for the video , it is really helpful, I checked others videos also for information but I think you have explained it better than others.
many of my got doubt got cleared.

my father is a Govt employee and I was trying to fill the income tax for him.
There is difference in salary as per the fo...
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Amlan Dutta
In income schedule you are required to arrive at chargeable income from form 16 and same in TDS schedule ...you may take advise from the company accountant as to what exactly were the exemption and deduction for 2650...i believe that is form 16 shall have tax on employment 2400 rs ( Deduction u/s 1...
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  • July 23, 2018
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