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Jayesh Bhapkar

Category : Income t..,
Solved
March 6, 2017 4:27 pm
  • Income tax
Hi All,
I wanted to know income tax liabilities of husband on below amount received on death of his wife.
At the time of death, wife was working as a government employee.

1. Monthly Pension
2. EPF amount
3. Gratuity
4. Insurance claims received as nominee
5. Bank savings and fixed deposits
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Amlan Dutta
1. Monthly Pension - If given to spouse , then to be treated as Family pension and shown in other sources
2. EPF amount - If served more than 5 continous years , then exempt
3. Gratuity - Legal heir as other sources ( taxable portion)
4. Insurance claims received as nominee - Other sources
5. Bank sa...
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  • March 21, 2017
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KARMVEER SINGH

Category : Income t..,
Solved
February 28, 2017 8:43 pm
  • Income tax
Whether I can file ITR of AY 2012-13 in that year there is showing tds of rs 2000 in 26as
What to do please guide
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Sudesh Shenoy
You cannot file any it returns for AY 2012-2013
  • March 4, 2017
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Amlan Dutta
Return cannot be filed now ...try seeking condonation under section 119(2)(b) ...if Commissioner approves, then file under sectioon 119(2) b with section 139 and it shall get processed ( however genuinity of hardship needs to be established for non filing of tax returns...mere ignorance won't work)
  • April 19, 2018
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MRINMOY PAIRAH

Category : Income t..,
Solved
February 25, 2017 10:23 am
  • Income tax
Respected Sir ( Mr. Amlan Dutta) , my self Mrinmoy , a real fan of your income tax related videos, the way you conducting your mission is awesome, sir on 25/01/2017 a letter from in come tax department came to me, main contents in this letter are like : Non filing of income tax , information summar...
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Amlan Dutta
This is basically notice for non compliance of filing of tax returns ...i.e they want to know why you haven't filed your tax return for Financial year 2014 15 (i.e AY 2015 16 )...if from the income sources that you mention above , your gross total income falls below threshold level i.e 2.5 lakhs the...
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  • February 27, 2017
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MANISH MITTAL

Category : Income t..,
Solved
February 21, 2017 12:56 pm
  • Income tax
Hi Sir,
I want to file return of my wife of Assesment Year 2016-17 and 2017-18. Prior to that she has not filed any ITR. Help me which ITR to fill as she is a housewife and has no income in the above said Assesment Years. She just has a saving account in which I put my savings there and started SIPs ...
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Amlan Dutta
She has to file no return but this is not a correct arrangement ...what happens is that the income is not hers and the TDS is deducted on her PAN number so it becomes tricky ...if TDShas been deducted for her PAN , she needs to file return to claim refund of deducted TDS ...if TDS has not been dedu...
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  • February 27, 2017
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MANISH MITTAL
thanks...
  • February 27, 2017
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