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Chaitanya Kumar

Category : Income t..,
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April 8, 2018 10:30 pm
  • Income tax
Hii Sir,

my father has income above 6 lakhs and also income from rent which is 90000 per anum.

1. So how much tax i should pay on rental income..??

2. which itr should i file itr 1 or 2 ...??

3. Is there any difference in tax payable on rent if i file itr2..??
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Amlan Dutta
First compute taxable income considering all income heads( rent , profession, salry etc )

The tax will be computed as per slabs and done by the return form itself

You can fill ITR 1 ( if income only from 1 house property else ITR 2 )

No, changing ITR forms doesn't change tax liability
  • April 18, 2018
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SWARNA CHANDRIKA

Category : Income t..,
Solved
April 8, 2018 10:08 pm
  • Income tax
Sir, I know that we have to file ITR 2 for income from capital gains. But if one gets only short term capital gain from debt mutual fund, can he file ITR 1? Because short term capital gain from debt fund is taxed as per income slab. So can I choose ITR 1 and show the gain under the head income from ...
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Amlan Dutta
No because it fails charging section
  • April 19, 2018
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PANKAJ SHUKLA

Category : Income t..,
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April 8, 2018 12:14 am
  • Income tax
Hai Sir, you are educating so many people with good explanation. Thank you for that. I have a doubt please clarify.. My friend did not file ITR 1for AY 2017-18 before 31.03.2018 Now he wants to complete his ITR1. What to do? 2) I am a salaried person. Already I have a house and getting Rs.2000/- ren...
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Amlan Dutta
He has to submit condonation request to principal commissioner of income tax and if it gets approved then he shall file under 119 (2)(b) alongwith section 139

If you have got posession of house then you would have income from two house properties
In such a case you would fill ITR 2
  • April 8, 2018
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TUSHAR
Amlan sir, ple upload video for that kind of matter ( file under 119 (2)(b) alongwith section 139 )
  • April 19, 2018
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Bishwajeet kumar mishra

Category : Income t..,
Solved
April 7, 2018 4:25 pm
  • Income tax
Hello amlan,
i had ask a question without login. At that time its showing as anonymous user question. and in reply section i clear one point of my ques by login through this id. but now i am unable to see that question and my reply as well.
that question is in Income tax category question.
Satyam
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Amlan Dutta
I had decided to delete all anonymous entries to the site ...I am sorry to state that those queries are permanently deleted. You may however post fresh queries as registered user to the site.

I would reply and you can monitor under your profile as well on your subsequent logins

Anonymous entries dele...
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  • April 7, 2018
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