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Sravan

Category : Return p..,
Solved
December 8, 2018 12:35 pm
  • Return processed but revision needed
Sir i only filed my Uncle ITR this yes, (Previously another CA was doing this )

From that ITR i got refund of 1,600/- , but in that original return the bank-account number was wrong , So i sent a request (by seeing your video) to change my Bank account number what...
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Amlan Dutta
This time around, you can put your bank account number and when you get the money , you can transfer it to your uncle ...there should be no problem ...in future be careful ...i repeat there shall be no problem ...don't break your head over this .....
  • December 8, 2018
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ABHIJEET TAMHANKAR

Category : Revised ..,
Solved
December 7, 2018 9:44 pm
  • Revised Return U/s 139(5)
hello Amlan,

my friend has filed income tax return within due date without taking into consideration the foreign income (salary) and and its TDS
can i now file revise return with taking the related mistake in consideration?

if yes can still file form 67 which was not filed either
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Amlan Dutta
For AY 2018 19 , even belated returns can be revised using section 139(5) but it can be done only before assessment of return is complete or 1 year from from end of the assessment year whichever is earlier ...since return filed long back, i feel that it might have already been processed and so i do...
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For AY 2018 19 , even belated returns can be revised using section 139(5) but it can be done only before assessment of return is complete or 1 year from from end of the assessment year whichever is earlier ...since return filed long back, i feel that it might have already been processed and so i don't think revision is possible right now ....Anyways just to double confirm , first check status of filed return ...if it hasn't been processed yet , he can else he can't ...as simple as that ...in case return not processed and he wants to revise, sure, ask him to first fill form 67 without which anyways his relief won't be considered.......attaching pic so that you know where to check status of processing of filed return ......
  • December 7, 2018
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SAIKAT DAS

Category : Exempt I..,
Solved
December 4, 2018 8:14 pm
  • Exempt Income
is there such requirement to show inherited money in ITR??
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Amlan Dutta
Showing inherited or any form of exempt income is not any new requirement, it was always required to show exempt income . Inherited income being exempt needs to be declared in the return so that the tax authorities don't harass the assesse in the future ...here is the portion of the ITR where you ne...
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Showing inherited or any form of exempt income is not any new requirement, it was always required to show exempt income . Inherited income being exempt needs to be declared in the return so that the tax authorities don't harass the assesse in the future ...here is the portion of the ITR where you need to declare inherited exempt income<br /><br />If you need to know the reason why exempt income(say 20 lakhs ) needs to be shown it is because the department needs to know why the amount has not been offered for tax . When assesse specifies that the amount is exempted because of inheritance /marriage etc etc provisions , the department can only then understand else they would be expecting the assesse to declare the income under relevant taxable head and pay taxes for it ...
  • December 4, 2018
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SAIKAT DAS

Category : Notices..,
Solved
December 3, 2018 9:57 pm
  • Notices
HI AMLANDA,

I want to know about that ...if my itr file has been processed for A.Y 2018-19,can i get any notice or any problem from income tax department??
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Amlan Dutta
It is a very subjective question ...even after processing is completed , department can serve various types of notices on the assessee


1.) Notice under 143(2)

The purpose of this notice is to notify the assessee, that the return filed has been picked for a scrutiny. It is pertinent to note that the s...
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  • December 5, 2018
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