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deepak

Category : Income t..,
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May 9, 2016 9:26 pm
  • Income tax
Amlan jee
Today i downloaded itr4 java utility from it website,previously i used to fill 4s form,now in this form it also shows that you can file details like the presemtive income if you donot maintain accounts like,plus there is no reporting section of other long term exempt incomes,can i use this ...
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Amlan Dutta
Use the exempt income schedule to report long term capital gains from stocks .....(see the attached picture)

See this tutorial
https://youtu.be/2ofJximln-4
Use the exempt income schedule to report long term capital gains from stocks .....(see the attached picture)<br /><br />See this tutorial<br />https://youtu.be/2ofJximln-4
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10 How to declare exempt income from LTCG of stocks in exempt income schedule of tax return? - YouTube
@makeknowledgefree ( Queries answered at makeknowledgefree.com) Amlan jee Today i downloaded itr4 java utility from it website,previously i used to fill 4s f...
  • May 10, 2016
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deepak
*thanks for making video i understand now i will go for 4s only thanks and god bless
  • May 18, 2016
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Malharrao Deshpande

Category : Income t..,
Solved
May 8, 2016 4:55 pm
  • Income tax
Amlan Sir I have more than 5000 rs as exempt income as dividend so how can I use ITR 1?
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Amlan Dutta
For FY 2015 16 , there is no such thing that if exempt income exceeds 5000 Rs , one cannot use ITR 1
This is made very clear in the return itself in the exempt income reporting section where it clearly states that if the exempt income is from agriculture ,only in that case if it exceeds 5000 Rs , on...
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For FY 2015 16 , there is no such thing that if exempt income exceeds 5000 Rs , one cannot use ITR 1 <br />This is made very clear in the return itself in the exempt income reporting section where it clearly states that if the exempt income is from agriculture ,only in that case if it exceeds 5000 Rs , one must not use ITR 1 and go for higher ITR (ITR 2 /2A)<br /><br />So , clearly your case is exempt income from dividend and not agriculture <br />So , clearly even if you earn more than 5000 Rs dividend exempt income , you can surely use ITR 1 exempt income reporting section <br /><br /><br />in ITR 1 , there is exempt income reporting section where one can declare it ..<br />(See the attached picture )<br /><br />See this tutorial <br />- https://youtu.be/EZ4Ho6bzG0A
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11 If assesse has exempt income more than 5000 Rs can he still use ITR 1? (For Deshpande) - YouTube
@makeknowledgefree ( Queries answered at makeknowledgefree.com) Amlan Sir I have more than 5000 rs as exempt income as dividend so how can I use ITR 1? For F...
  • May 8, 2016
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R M GAIKWAD

Category : Income t..,
Solved
May 8, 2016 4:25 pm
  • Income tax
Sir, my son has applied for PAN card and he is studying in college and his income is shown in the application form for PAN card is NIL. Now, is it mandatory to file IT Return even though the income is NIL ?
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Amlan Dutta
Individual is required to comply with filing of return compulsorily only if gross total income is above threshold levels (2.5 lakhs )...In your son's case , income falling below threshold ,he is not required to file return of income ...he can if he wishes , file a nil tax return ...but if he decides...
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12 Is assesse required to file return even though income is Nil? ( For R M Gaikwad) - YouTube
@makeknowledgefree ( Queries answered at makeknowledgefree.com) Sir, my son has applied for PAN card and he is studying in college and his income is shown in...
  • May 8, 2016
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Malharrao Deshpande

Category : Selectio..,
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May 7, 2016 7:14 pm
  • Selection of Return
Amlan Sir, I have income from pension, FD interest and dividends from shares which ITR from should I use. One more thing only xml file is to be uploaded and what about that excel utility from which xml file is generated ? that is not to be uploaded?
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Amlan Dutta
Selection of a return depends upon person type and the income heads such that the scope of taxable income can be clearly reflected in the return form

Here , person being individual , so the returns available are ITR 1/2/2A/3/4/4S .

Here , clearly the income heads are from pension, FD interest and divi...
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1 How to E Verify Tax Return By Registered mail (using Quick Filing utiity)(Mom Case)
How to use electronic verification code to file return from scratch (Registered email method) ‪#‎makeknowledgefree‬ Video Link - https://www.youtube.com/watc...
  • May 8, 2016
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